The rise of the ‘Cargo Supermarket’ at Volga-Dnepr

PARIS — At TIACA’s 2016 Air Cargo Forum last week, the exhibition halls were bustling. Many delegates had already made their initial loop around the hall by the time the first panel, “Air Cargo: What lies ahead?” was presented. During the journey round the halls, one could hardly avoid bumping into large stands presented by Volga-Dnepr Group[…]

Tough market pressure lowers IAG Q3 operating profit

For the last three months, IAG Cargo saw cargo tonne kilometers rise 5.4 percent, year-over-year, to 1.3 billion, while total tonnes of cargo carried fell 18.8 percent, y-o-y, suggesting that the carrier flew less volume longer distances. This, and other factors, led to a third-quarter decline in operating profits of €1.21 billion before exceptional items[…]