Air Cargo

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

Fitch takes rating actions on select US regional airports amid coronavirus disruptions

AJOT Newsroom | April 02, 2020 | Air Cargo | Airports

TIACA urges immediate support for air cargo

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

January 2020 US airline freight data (preliminary)

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

U.S. airlines carried 0.7% less freight by weight in January 2020 than in January 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by the 15 airlines that carry the most freight.

Boeing to offer voluntary buyouts to entire staff of 161,000

Bloomberg | April 02, 2020 | Air Cargo | Airlines

Southwest to become second US airline applying for relief

Bloomberg | April 02, 2020 | Air Cargo | Airlines

EasyJet Founder escalates fleet row with challenge to board

Bloomberg | April 02, 2020 | Air Cargo

EasyJet Plc’s founder has called for a shareholder meeting to oust one of the discount airline’s directors, following through on a threat to remove the board one-by-one in a dispute over a 4.5 billion-pound ($5.6 billion) aircraft order.

Boeing expected to announce voluntary buyouts to all employees

Bloomberg | April 02, 2020 | Air Cargo | Airlines

Boeing Co. is expected to announce voluntary buyouts in a message to its 161,000 employees on Thursday, according to a person familiar with the plans.

Deal shows virus-hit airlines can sell debt but cost steep

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Stricken airlines risk clash with EU in bid to avoid refunds

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Trump Says He May Restrict Flights From New York Over Virus

Bloomberg | April 01, 2020 | Air Cargo | Airlines

President Donald Trump said his administration is weighing whether to halt flights from some of the cities hardest hit by the coronavirus outbreak -- including New York and Miami -- but is wary of further harming the airline industry.

Boeing Max return at risk in major work-from-home challenge

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Of all the twists that have complicated the ungrounding of Boeing Co.’s 737 Max, this one might be the strangest: A global pandemic is keeping regulators from being in the same room.

American Air blunder forces carrier to cut leave offer in half

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Deal shows virus-hit airlines can sell debt but at steep cost

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Pelosi joins critics of Mnuchin’s airline stock-for-aid plan

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Leading House Democrats criticized the conditions the U.S. Treasury Department has proposed for providing emergency payroll-assistance grants to airlines, joining a growing backlash by industry and union groups.

Boeing Max return at risk in ultimate work-from-home challenge

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Wizz Air CEO stands by major jet-delivery plan in boost to airbus

Bloomberg | April 01, 2020 | Air Cargo | Airlines

Kenya Airways seeks state support to survive next six months

Bloomberg | April 01, 2020 | Air Cargo | Airlines

EasyJet explores fundraising options to ride out slump

Bloomberg | April 01, 2020 | Air Cargo | Airlines

EasyJet Plc is considering options including raising new debt and equity to provide a buffer against the coronavirus pandemic that’s forced the discount airline to ground its fleet, according to people familiar with the matter.

Ethics of airline bailouts in spotlight with Virgin-Qantas feud

Bloomberg | April 01, 2020 | Air Cargo | Airlines

An ugly feud is escalating between Qantas Airways Ltd. and its closest Australian competitor over the ethics of state aid, just as airlines facing collapse around the world race to secure bailouts.

JetBlue slashes April flying 70%; Deeper cuts likely in New York

Bloomberg | March 31, 2020 | Air Cargo | Airlines

JetBlue Airways Corp. expects to slash flights 70% next month and deeper cuts are likely in the carrier’s home base in New York, as the spread of coronavirus erases travel demand.

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