Initial Bidders Line Up for Majority Stake in Pakistan International Airlines

Habib and Gerry’s Managing Director Akram Wali Muhammad confirmed that they’ve submitted bids for the carrier in messages sent to Bloomberg. Three private-sector airlines operating on domestic rou...

Etihad Airways Plans IPO with Leading Banks, Targeting $1 Billion Raise

Abu Dhabi hub carrier Etihad Airways PJSC has added banks to its planned initial public offering that could raise as much as $1 billion, according to people familiar with the matter....

Aloha Air Cargo to End Non-Stop Service Between Honolulu and Los Angeles

Aloha Air Cargo is exiting its Honolulu to Los Angeles to Honolulu 767-300 freighter service on June 1, citing the route’s unprofitability. The decision was made by its Seattle-based owner, Saltchuk...

TrueNoord announces third portfolio trade with Nordic Aviation Capital for an additional eight aircraft

Specialist regional aircraft lessor TrueNoord, has completed a sale agreement for a further eight aircraft with Nordic Aviation Capital (NAC). This portfolio of aircraft, comprising one Dash 8-400 a...

ATOShipping Revolutionizes Cargo Insurance with Seamless Digital Integration

Across the Ocean Shipping (ATOShipping) has implemented a new digitised cargo insurance process in under a week, working with insurtech provider Breeze....

NEWS

My Freighter Gains Authorization for Flights to and from Mainland China

My Freighter said: “We are pleased to announce that MY FREIGHTER has successfully obtained CCAR129 certification, permitting operations on routes to and from Mainland China. This certification marks...

Fraport Announces Major Investments and Digitalization Initiatives to Enhance Frankfurt Airport's Cargo Capacity

Fraport will invest in digitalisation and develop new cargo areas at Frankfurt Airport as it expects volumes to increase to around 3m tonnes per year by 2040....