The main objective of this research is to study the impact of the second generation of the value chain model on the logistics costs and preserve the environment of air cargo and consequently increasing the company's profits. The research hypotheses are: 1-There is a significant relationship between applying the value chain and reducing logistics costs 2- The application of value chains increases the company's profits 3- The use of value chain reduces the logistics costs The mentioned hypotheses were tested through the data obtained from company (x), a questionnaire was constructed and sent to a sample of correspondence, In addition to the data obtained from company (x) during two consecutive periods, through which the value chain cells were prepared for that company, and measuring the ability of each cell to add to the value and identifying the host cells of the value as well as the value consumed The research results: 1- The analysis of the value chain cells of the company (x) revealed the existence of value consuming cells and value added which requires making an analysis of the performance of both types of cells to convert the cells consuming value into adding value and to enhance the capability of the adding value cells 2- The value adding cells are the Outbound space (Table 4), and the cell of incoming spaces (Table 5), 3- The value consuming cells are the aeronautical activity cell (Table 1), the cell of the outbound complexes (Table 2) and the cell of the Incoming complexes (Table 3) The researcher also presents the issue of green logistics and its importance and the role in preserving the environment, the researcher mentioned some of the benefits of applying green logistics system to some countries, and then presented the requirements of applying this system it.