The third quarter of 2011 brought mixed results for Air Transport Services Group, which reported a 17 percent, year-over-year, revenue hike despite a net loss of $4.8 million. Considering the challenging economic landscape and the departure of one key client, it’s a loss that could have been much more pronounced, ATSG officials asserted. read more
Gulf Air has launched Falcon Cargo, a brand encompassing Falcon Express and providing mail, courier, diplomatic and general, animal, dangerous goods and high-value cargo transportation. As the freight arm for the Bahraini flag carrier, Falcon Cargo will benefit from Bahrain International Airport’s cargo infrastructure, airline officials said. read more
United Airlines subsidiary Continental Airlines made history on November 7 by operating the first commercial flight utilizing advanced biofuels in the U.S. This news comes on the heels of United Airlines’ partnership with Solazyme to negotiate the purchase of 20 million gallons of biofuel per year. read more
IAG Cargo has taken delivery of the first of three Boeing 747-8Fs. The freighter, flown on behalf of British Airways World Cargo, represents a bright spot for the airline group, which contended with less-than-stellar freight volumes in the third quarter. read more