Air Cargo World News
FedEx reported revenue of $11.1 billion for its second quarter ended Nov. 30, up 5 percent from $10.6 billion for the same period a year ago. Net income was $438 million, down 12 percent from last year’s $497 million. The company says Hurricane Sandy impacted the quarter’s results due to reduced shipment volumes and incremental operating costs.
Tampa Cargo in Colombia has taken delivery of the first of four A330-200 freighter aircraft as part of parent airline AviancaTaca’s fleet renewal strategy.