Efforts were under way with domestic banks to release the necessary foreign currency.
The Boeing has a payload capacity of approximately 102 tonnes.
The airline had planned to save approximately AUD125 million annually through outsourcing.
With demand continuing to weaken in key markets, the airfreight sector could face pricing pressures.
Air freight is experiencing growth in shipments of AI-related products.
The airport is expected to handle up to 100 million passengers annually.
Since June 2024, nine cargo airlines have initiated direct freight routes into Europe.
The downturn in the automotive sector is compounding the issue.
Governments must improve safety and cut high taxes and charges that are stifling demand.
Rates from Shanghai have decreased by 3.7% over 12 months.
The Brazilian national attempted to smuggle 10kg of cocaine through OR Tambo International Airport.
Shippers are cancelling block space agreements and charters, leading to $22 billion in lost revenue.
