Coverage of air cargo related news including freight forwarders, freighters, belly cargo, airports and more
AJOT Newsroom | August 20, 2020 | Air Cargo | Charters
BB International Project, member to the Worldwide Project Consortium (WWPC) for France, have participated to the air bridge between China and France of masks supply by order of the French government.
Bloomberg | August 20, 2020 | Air Cargo | Airlines
AJOT Newsroom | August 20, 2020 | Air Cargo | General
No change in terms of the lack of direction in the market this week, near term pricing remains unpredictable - however the general sense of constrained capacity and cargo growth in Q4 remains.
Bloomberg | August 19, 2020 | Air Cargo | Airlines
Bloomberg | August 19, 2020 | Air Cargo | Airports
Southwest Airlines Co. sparked a rally in airline shares after saying improved leisure travel demand for August and September would help reduce its daily cash losses this quarter to about $20 million amid the coronavirus pandemic.
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand ($583 million) to resume operations.
AJOT Newsroom | August 19, 2020 | Air Cargo | Airlines
The airline also recently announced the resumption of flights to Adelaide, Auckland, Houston, Kigali, London Gatwick, Nairobi, Philadelphia and Sialkot
Bloomberg | August 18, 2020 | Air Cargo | Airlines
Bain Capital has agreed to pay A$750 million ($543 million) should it fail to buy Virgin Australia Holdings Ltd., an unusually high break fee that helped win over the collapsed airline’s administrator.
AJOT Newsroom | August 18, 2020 | Air Cargo | Freighters
Volga-Dnepr Airlines, the world’s leader in oversized and super-heavy air cargo transportation, has once again demonstrated agility and flexibility while organizing a charter flight with high voltage equipment onboard to empower construction of a 450MW solar power plant in Vietnam.
A Boeing 777 Freighter today joined the Volga-Dnepr Group fleet of 24 Boeing freighters today, departing Paine Field in Everett, Washington. The fuel efficient twin-engine freighter will begin operations with AirBridgeCargo, a subsidiary of Volga-Dnepr.
Boeing Co. is preparing to offer buyouts to employees for a second time this year as the virus-stricken planemaker extends its workforce cuts beyond the original 10% target unveiled in April.
Airbus SE has chosen a former General Electric Co. executive as the planemaker’s new sales chief in Europe in a move to strengthen its salesforce to get through the pandemic.
Bloomberg | August 17, 2020 | Air Cargo | Airlines
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