Hong Kong International Airport retained its status as the world’s busiest cargo airport in 2023, handling 4.3 million metric tons, up 3.2% year-over-year.
However, the Chinese New Year demand and potential escalation of military conflict in the Middle East could drive air cargo charges further in the coming weeks.
The company has revealed a newly branded component to its restructuring—a “tricolor network,” sorting its FedEx Express aircraft fleet into three categories.
The new Contested Logistics System-300 Nautical Miles (CLS-300) will enter propulsion tests before June and flight tests by the end of 2024, the company said.