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This analysis is based on the impact assessment IATA released last week, under a scenario in which severe travel restrictions last for three months.

Airlines will burn $61 billion of their cash reserve in April-June quarter: IATA

2 April 2020 2:49 PM IST

April 2, 2020: The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their...

Operating profit (EBIT) improved by 30.6% to EUR 4.1 billion - a new record.

Deutsche Post DHL Group revenue up 2.9% to EUR 63.3 billion in 2019

11 March 2020 6:32 PM IST

March 12, 2020: The international logistics company, Deutsche Post DHL Group posted a profitable growth during the past financial year of 2019. Group...

IATA estimated the potential impact on passenger revenues based on two possible scenarios: Limited Spread, Extensive Spread

Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion

5 March 2020 4:49 PM IST

March 5, 2020: The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19)...

The multimodal transport businessof Allcargo clocked total volumes of 185,408 TEUs for the quarter ended in December 2019, an increase of 10.4 percent as against last year.

Allcargo Logistics registers 7.1% profit increase in 2019

14 Feb 2020 11:21 AM IST

February 14, 2020: Allcargo Logistics announced its unaudited financial results for the quarter and nine months ended December 31, 2019, with 7.1...

Lufthansa Cargo continues to go from strength to strength

19 March 2019 5:17 PM IST

March 19, 2019: Frankfurt-based Lufthansa cargo airline has announced over €2.7 billion in revenue and a profit of €268 million (adjusted EBIT) in...

Gxpress aims to double its revenue to 15 crores by end of next year

Gxpress generates over Rs 7 crore revenue in 2018

18 Dec 2018 6:12 PM IST

December 18, 2019: Global logistics company Gxpress has reported over Rs 7 crore in revenue in 2018. The company said that it now aims to double its...