American Airlines Group today reported a record $12.6 billion in operating revenue for the first quarter of 2024, an increase of 3.1% compared with Q1 2023. The carrier’s cargo revenue fell 16% year over year to $187 million. hubs.ly/Q02v5Sx00

Listen to a discussion with Raft’s Greg Kefer on AI implementation in this episode of 'On Air with Air Cargo Next.'

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★ Just published a new episode of On Air with Air Cargo Next: AI creates technological ‘inflection point’. Listen: share.transistor.fm/s/73a37900

Swiss forwarder Kuehne+Nagel today reported a net turnover of CHF 5.5 billion ($6.1 billion), an 18% year-over-year decrease. 

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It was a disappointing start to 2024 for UPS, as the company reported a 5.3% year-over-year decline in the first-quarter, a consolidated revenue of $21.7 billion and a 36.5% YoY decline in consolidated profit of $1.6 billion.

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Firefly Green Fuels announced plans to construct a commercial-scale sewage-to-sustainable aviation fuel plant in Harwich, Essex, by 2029, a move that could help the aviation industry achieve net-zero carbon emissions by 2050.

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Digital Pulse: Asia Airfreight Terminal deploys autonomous electric tractors; Trax, PTC to integrate solutions; and Nallian, PayCargo collaborate hubs.la/Q02tvTGR0

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Alaska Airlines today reported a record $2.2 billion in operating revenue for the first quarter of 2024, an increase of 1.6% from the first quarter of 2023. The carrier reported a 10.3% year-over-year increase in “cargo and other revenue” to $64 million. hubs.la/Q02tpRhV0

A fraudulent air waybill was the catalyst for Canada’s largest-ever gold heist last year.

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United Airlines today reported $12.5 billion in operating revenue for the first quarter of 2024, an increase of 9.7% year over year. The carrier’s cargo revenue fell 1.8% compared with Q1 2023 to $391 million. hubs.la/Q02tfBLg0

Malaysia Airlines will temporarily stop carrying cargo on its passenger flights from Kuala Lumpur to London after Iran’s attack on Israel over the weekend forced airlines to make lengthy detours, Bloomberg News reported. hubs.la/Q02tcZzl0

The FAA issued a ground stop advisory this morning for Alaska Airlines flights that grounded the carrier’s mainline and subcarrier flights. The FAA said in a statement that Alaska “asked the FAA to pause the airline’s mainline departures nationwide.” hubs.la/Q02tczTn0

Hong Kong International Airport has once again been crowned the top cargo airport in the world, a spot it has held for 13 of the last 14 years. hubs.la/Q02t4Q_X0

Podcast: Airforwarders Association Executive Director Brandon Fried emphasizes the need for the U.S. government to invest in airport infrastructure in the latest episode of “On Air with Air Cargo Next.” hubs.la/Q02t4GZm0

★ Just published a new episode of On Air with Air Cargo Next: Brandon Fried discusses funding for airports, illicit drugs, e-commerce . Listen: share.transistor.fm/s/c74ffad7

Transactions: Air Canada returns to Singapore with SATS contract; DHL signs contract with WFS in France; Loganair, Vueling contract Swissport’s services at LHR; Kerry Logistics, Menzies sign MOU to optimize customs clearance; and more hubs.la/Q02sYnLV0

Digital Pulse: BUD implements Kale cargo community system and Korean Air integrates booking with DHL Global Forwarding’s system hubs.la/Q02sLxYt0

Delta Air Lines reported a record $13.7 billion in operating revenue for the first quarter of 2024, an increase of 8% year over year. However, cargo revenue was down 15% YoY to $178 million. hubs.la/Q02sD8fq0

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