Coverage of air cargo related news including freight forwarders, freighters, belly cargo, airports and more
Bloomberg | May 20, 2020 | Air Cargo | Airlines
AJOT Newsroom | May 20, 2020 | Air Cargo | Freighters
The cargo airline will launch new freighter services this month and continues to operate cargo flights to 13 destinations in Africa from its Nairobi hub throughout the pandemic
AJOT Newsroom | May 20, 2020 | Air Cargo | Airlines
Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) and Aviation Subcommittee Ranking Member Garret Graves (R-LA) commended the Department of Transportation (DOT) and the Federal Aviation Administration (FAA) for the release of the FAA’s Action Plan in response to the Official Report of the Special Committee to Review the FAA’s Aircraft Certification Process.
Bloomberg | May 20, 2020 | Air Cargo | Airports | Intermodal
Bloomberg | May 20, 2020 | Air Cargo | Airlines | Intermodal
Norwegian Air Shuttle ASA dropped as much as 60% after completing a recapitalization that hands control of the company to aircraft lessors and bondholders.
Deutsche Lufthansa AG’s management said the need for a multibillion-euro coronavirus bailout was becoming “urgent” as talks with the government in Berlin drag on.
Bloomberg | May 19, 2020 | Air Cargo | Airlines
U.S. airlines reported signs that travel demand is perking up, suggesting the beginnings of a rebound from an unprecedented collapse because of the coronavirus pandemic.
United Airlines Holdings Inc. is complying with the law as it takes $4.95 billion in federal aid yet still plans to lay off thousands workers later in the year, according to Treasury Secretary Steven Mnuchin.
The Federal Aviation Administration released multiple steps it plans to take to change how it reviews aircraft designs, a process that was criticized after two fatal crashes on Boeing Co.’s 737 Max.
Bloomberg | May 19, 2020 | Air Cargo | Freighters
A rare flight from the United Arab Emirates is expected to arrive in Israel on Tuesday evening, carrying medical equipment to help Palestinians fight the coronavirus pandemic.
AJOT Newsroom | May 19, 2020 | Air Cargo | Air Forwarders
AJOT Newsroom | May 19, 2020 | Air Cargo | Airports
Aeroterm, a leading owner and developer of on-airport cargo facilities, announced today the completion of a new Class A, 40,500 square foot facility at Sacramento International Airport (SMF). The facility is fully leased and will now transition to cargo operations.
Bloomberg | May 19, 2020 | Air Cargo | Air Forwarders
AJOT Newsroom | May 19, 2020 | Air Cargo | General
China to Europe gets some support, up 59 cents almost entirely off of the back of a support rate out of Shanghai, up $1.20.
State-controlled Thai Airways International Pcl will seek a restructuring under Thailand’s bankruptcy law after tourism and travel collapsed because of the novel coronavirus pandemic.
Bloomberg | May 19, 2020 | Air Cargo | Airports
London’s Heathrow airport is working with the U.K. government on a plan that would allow people flying in from countries with a low incidence of the coronavirus to avoid controversial quarantine restrictions.
Bloomberg | May 18, 2020 | Air Cargo | Airlines
Delta Air Lines Inc. will pare its fleet of Boeing Co. 717 jets by at least half over the next year, continuing to cull older, more costly planes amid the collapse in demand caused by the coronavirus pandemic.
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