Coverage of air cargo related news including freight forwarders, freighters, belly cargo, airports and more
Bloomberg | March 28, 2020 | Air Cargo | Airlines
Seven airlines in Thailand are set to start talks with the Finance Ministry for a 16 billion baht ($491 million) bailout, the Bangkok Post reported.
Bloomberg | March 27, 2020 | Air Cargo | General
AJOT Newsroom | March 27, 2020 | Air Cargo | Airports
Due to the travel restrictions and the drastic reductions in available flights resulting from the coronavirus pandemic, Munich Airport is currently experiencing massive decreases in every area.
The significant rise in passenger traffic seen last year matches the strong financial results posted by Flughafen München GmbH (FMG) in 2019. Based on preliminary figures, the airport and its subsidiaries achieved groupwide sales revenues of 1.6 billion euros in 2019. This represents a year-on-year gain of 4 percent.
AJOT Newsroom | March 27, 2020 | Air Cargo | Airlines
In a video shared with team members, American Airlines CEO Doug Parker discusses how the Coronavirus Aid, Relief, and Economic Security (CARES) Act is expected to shape the company’s response to COVID-19.
April and May capacity will be reduced, travel wavers for flight changes
Hong Kong Air Cargo Terminals Limited has achieved certification under IATA CEIV Live Animals. As a result, Hactl becomes one of the very first companies to have achieved all three CEIV standards.
AJOT Newsroom | March 27, 2020 | Air Cargo | Air Forwarders
Bloomberg | March 26, 2020 | Air Cargo | Airlines
Southwest Airlines Co. is losing “big money” on every flight, raising the risk of worker furloughs in the longer-term despite billions of dollars in immediate aid from the U.S. government.
Bloomberg | March 26, 2020 | Air Cargo | Airports | International Trade
Singapore Airlines Ltd. shares fell after the carrier unveiled a plan to raise about S$8.8 billion ($6.2 billion) to contend with the devastating impact of the coronavirus pandemic.
AJOT Newsroom | March 26, 2020 | Air Cargo | Freighters
American Airlines is continuing to operate international widebody service to key locations around the globe, serving as a vital partner for freight forwarders and supporting global trade in the face of the coronavirus (COVID-19) pandemic.
Virgin Atlantic has operated its first ever cargo only charter amidst the operational challenges brought by the Covid-19 upon the aviation industry.
AJOT Newsroom | March 26, 2020 | Air Cargo | Airports
AJOT Newsroom | March 26, 2020 | Air Cargo | General
India is put on lockdown, putting approximately 1/4 of the world's population under quarantine measures. Capacity is being driven into the market by passenger carriers eager to book expensive cargoes, however global equities are already plotting a recovery from a previous crash.
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