Air Cargo

Coverage of air cargo related news including freight forwarders, freighters, belly cargo, airports and more

AirAsia seeks up to $600 million cash injection to endure crisis

Bloomberg | September 08, 2020 | Air Cargo | Airlines

AirAsia Group Bhd. is seeking to raise as much as 2.5 billion ringgit ($600 million) by the end of the year as it tries to survive a business slump exacerbated by the coronavirus pandemic.

Struggling airports implore Trudeau to help hardest-hit sectors

Bloomberg | September 04, 2020 | Air Cargo | Airports

Airlines invent wild ways to make money with borders closed

Bloomberg | September 04, 2020 | Air Cargo | Airlines

IATA top doctor says airlines can’t afford to wait for vaccine

Bloomberg | September 04, 2020 | Air Cargo | Airlines

Virgin Australia creditors bless bain’s $2.5 billion rescue deal

Bloomberg | September 04, 2020 | Air Cargo | Airlines

Virgin Australia Holdings Ltd. creditors have approved Bain Capital’s acquisition of the airline, the last hurdle in the private equity firm’s bid to restructure the business which fell into administration in April.

Southwest Air debuts flights to Miami in sun cities expansion

Bloomberg | September 03, 2020 | Air Cargo | Airlines

Ethiopian Air in talks with South African flag carrier on rescue

Bloomberg | September 03, 2020 | Air Cargo | Airlines

China now rivals Ireland in the big league of aircraft leasing

Bloomberg | September 03, 2020 | Air Cargo | Charters

Air Cargo

Bloomberg | September 02, 2020

United Air to cut more than 16,000 jobs on weak travel demand

United Airlines Holdings Inc. will eliminate 16,370 jobs next month as the carrier shrinks operations in response to the steep decline for air travel demand amid the Covid-19 pandemic.

FIS Air Freight Report September 1, 2020

AJOT Newsroom | September 02, 2020 | Air Cargo | Freighters

Export prices kick back into action on the last week of August, despite many seeing a lull in actual moved volumes until mid-September.

Branson’s airline saved as ruling caps race against clock

Bloomberg | September 02, 2020 | Air Cargo | Airlines

SAS gets go-ahead from lenders for $1.6 billion equity plan

Bloomberg | September 02, 2020 | Air Cargo | Airlines

Saudi Arabia breaks 72-Year taboo with green light to Israeli flights

Bloomberg | September 02, 2020 | Air Cargo | Airports

Saudi Arabia approves UAE request to use airspace for all routes

Bloomberg | September 02, 2020 | Air Cargo | Airports

Antonov Airlines delivers Airbus Defence and Space’s newest satellite for its inaugural launch with SpaceX

Antonov Airlines flew Airbus Defence & Space’s newest satellite, providing air delivery from its place of manufacture in France to the launch site in the USA.