Industry News

  • Newsletter - May 25, 2023

    AIR FREIGHT UPDATES SAS Hit By Cyber Attack As Hackers Demand $175,000 Scandinavian Airlines (SAS) was hit with a cyberattack on Wednesday, rendering its app and website inoperable for nearly a full day. A group known as Anonymous Sudan reportedly first demanded $3,500 from the carrier before upping its demands...

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  • Newsletter - May 24, 2023

    AIR FREIGHT UPDATES CMA CGM Air Cargo discontinues US service CMA CGM Air Cargo, the fledgling freighter venture of the French shipping line by the same name, has pulled out of the U.S. market again and redeployed aircraft to Asia and the Middle East, the company confirmed. FreightWaves reported last week that...

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  • Newsletter - May 23, 2023

    AIR FREIGHT UPDATES The US Government Spent $62 Billion To Save Airlines During the COVID-19 Pandemic When the coronavirus pandemic took the world by storm in early 2020, businesses around the world struggled to stay afloat. The aviation industry was one of the worst hit, with airlines losing all their business...

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  • Newsletter - May 19, 2023

    AIR FREIGHT UPDATES Strike Averted: Last Minute Agreement Saves WestJet Disruption Representatives for WestJet pilots voted to approve an Agreement-In-Principle with WestJet management just hours before a walkout was scheduled. To occur. The announcement follows over nine months of negotiations on a new pilot...

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  • Newsletter - May 18, 2023

    AIR FREIGHT UPDATES Vietnamese Authorities Propose Second Airport For Hanoi Amid Booming Population Vietnam's population has been growing rapidly in recent years, at a steady rate of 1 million people per year, and is expected to exceed 100 million by 2023. Of these, more than nine million live in Ho Chi Minh...

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