While the AI equipment boom competes with e-commerce for air freight capacity out of Asia, the fast-growing tech shipments offer better yields and more opportunities for logistics providers.
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German authorities have launched a counterterrorism investigation after a drone carrying an explosive device was discovered near Ukrainian cargo aircraft at Leipzig/Halle Airport, one of Europe’s…
Apollo Global Management has agreed a recommended cash acquisition of easyJet valuing the airline at approximately £5.7 billion… The post Apollo agrees £5.7 billion takeover of easyJet as Castlelake…
Expectations of a strong peak season in the global air cargo market are fading with new data showing…
The rapid build-out of AI data centres has become the latest driver of air cargo demand, filling much of the gap left by the decline in China-US ecommerce shipments following the end of US de minimis…
Tor Olav Trøim-backed Bruton has fixed its second VLCC newbuilding at a net rate of $105,700 per day. The Oslo-listed tanker owner has placed the 300,000 dwt Mount Horizon on a fixed-rate charter…
Sarla Aviation is using Siemens Xcelerator software to accelerate development of its next-generation eVTOL aircraft for urban air mobility. The integrated digital platform will connect design,…
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
