Cathay Pacific has warned of "tremendous pressure" on yields amid strong competition, slowing demand for air travel and a difficult cargo market.
International Air Transport Association (IATA) figures show global cargo volumes recovered slightly in March after four consecutive months of contraction.
Qantas is replacing two Boeing 747-400F freighters with the larger-capacity 747-8F for its cargo services to China and the United States from July 2019.
ATR says the boom in online shopping could help spur demand for its aircraft in Australia as part of a mixed business model where cargo shipments supports passenger services on regional routes.
The ATSB has opened an investigation into a depressurisation incident on board a Qantas Freight 737 freighter that led to one of the pilots becoming incapacitated.
Qantas plans to operate a once-weekly freighter service from Darwin to Hong Kong that can transport fresh produce from Australia’s Top End to Asia’s supermarket shelves and dining tables. The proposed service has been scheduled to take off in late August with Boeing 767-300F equipment departing Darwin on Sunday night, Qantas said on Wednesday. The
