Coverage of air cargo related news including freight forwarders, freighters, belly cargo, airports and more
Bloomberg | April 26, 2020 | Air Cargo | Airlines
Bloomberg | April 25, 2020 | Air Cargo | Airlines
Richard Branson is seeking a buyer for Virgin Atlantic Airways Ltd. as he struggles to secure a 500 million pound ($618 million) government bailout, the Telegraph reported.
Deutsche Lufthansa AG spent the last two decades forging a business empire that stretched across the wealthiest countries of continental Europe. Forced into retreat by the coronavirus crisis, it’s now bogged down by ties to four governments as it seeks a multi-billion euro bailout.
Bloomberg | April 24, 2020 | Air Cargo | Airlines
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said he won’t take delivery of Boeing Co.’s 737 Max jetliner until summer 2021 as air travel claws its way back from the coronavirus outbreak.
AJOT Newsroom | April 24, 2020 | Air Cargo | Project
Upcargo have participated in the quick coordination for the one-day reception and dispatch of a Legacy 600 aircraft in Panama from the Honduran Air Force which came to collect 182,000 COVID-19 testing kits.
AJOT Newsroom | April 24, 2020 | Air Cargo | Airlines
AJOT Newsroom | April 24, 2020 | Air Cargo | Airports
AJOT Newsroom | April 24, 2020 | Air Cargo | Air Forwarders
Bloomberg | April 24, 2020 | Air Cargo | Freighters
Bloomberg | April 23, 2020 | Air Cargo | Airlines
Southwest Airlines Co. has to prepare for the risk of becoming a “drastically smaller” company, and Chief Executive Officer Gary Kelly told employees he’d prefer an across-the-board pay cut to more dire scenarios -- such as the first involuntary furloughs in the carrier’s history.
South African Airways administrators delivered a stark choice to those opposing their plan to fire the entire workforce and sell assets: It’s either that or full liquidation.
Delta Air Lines Inc. is seeking to raise $3 billion from loans and bonds as it grapples with a global travel shutdown caused by the coronavirus pandemic.
AJOT Newsroom | April 23, 2020 | Air Cargo | Freighters | Ports & Terminals
AJOT Newsroom | April 23, 2020 | Air Cargo | Freighters
IFAM is an initiative announced by the Australian Government that will help Australian exporters and businesses restore critical global supply chains
Angus Whitley | April 23, 2020 | Air Cargo | Airlines
Bloomberg | April 22, 2020 | Air Cargo | Airlines
The co-owner of struggling Virgin Atlantic Airways Ltd. said it’s unable to invest more and raised the possibility that Richard Branson’s U.K. airline could face going through insolvency proceedings.
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