Air Cargo

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

Delta Air Lines downgraded to junk at S&P on travel drop

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Delta Air Lines Inc. lost its coveted investment-grade status from one rater as S&P Global Ratings cut the company to junk.

With airplanes grounded, market tests pollution credit demand

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Worst-hit airlines badly need the cash that Latin America lacks

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Namibia closes airports, imposes partial lockdown on capital

Bloomberg | March 24, 2020 | Air Cargo | Airports

LATAM Cargo modifies its freighter itinerary to offer its clients more capacity

AJOT Newsroom | March 24, 2020 | Air Cargo | Freighters

LATAM Cargo Group works intensively to offer its clients more capacity and satisfy their needs given the constantly changing world-wide scenario caused by COVID-19’s effects. For the most part, In the air industry this has triggered international flight cancellations and restricted cargo capacity.

UK need for ventilators, virus tests to spur cargo flights 50%

Bloomberg | March 24, 2020 | Air Cargo | Freighters

Freighter flights at London’s Heathrow airport are forecast to climb more than 50% above normal levels next week amid a surge in shipments of coronavirus test kits, protective equipment and ventilators.

Norwegian Air buys time by unlocking $27 million of state aid

Bloomberg | March 24, 2020 | Air Cargo | Airlines

‘Extraordinary’ drop in US fights as virus catches up

Bloomberg | March 23, 2020 | Air Cargo | Airlines

Air Cargo

Bloomberg | March 23, 2020

Pelosi stimulus requires airlines receiving aid to cut emissions

Airlines would get $37 billion in grants to keep workers on the job as part of a $71 billion package to rescue carriers and airports struggling with the coronavirus outbreak, but the airlines would be required to adhere to new emissions requirements under a plan released by House Democrats.

President Trump says Boeing will need ‘help’ from virus impact

Bloomberg | March 23, 2020 | Air Cargo | Airlines

Flights down 38% for biggest airlines with virus cutting travel

Bloomberg | March 23, 2020 | Air Cargo | Airlines

Boeing temporarily halts work at Seattle-area factories

Bloomberg | March 23, 2020 | Air Cargo | Airlines

Delta to park half of fleet on $2 billion March sales drop

Bloomberg | March 23, 2020 | Air Cargo | Airlines

GE cuts 10% of aviation jobs in sign of virus’s deepening impact

Bloomberg | March 23, 2020 | Air Cargo | Airlines

WFS joins the coronavirus relief effort to help save lives in Italy

AJOT Newsroom | March 23, 2020 | Air Cargo | Air Forwarders

Worldwide Flight Services’ (WFS) team at Milan’s Malpensa Airport are supporting the urgent medical effort to saves the lives of coronavirus victims in Italy by expediting the handling of time-sensitive materials destined for hospitals and medical centres.

United Airlines continues draw down of international schedule

AJOT Newsroom | March 23, 2020 | Air Cargo | Airlines

United continues to aggressively manage the impact of the coronavirus (COVID-19) outbreak on our employees, our customers and our business.

Airbus builds $32 billion buffer to contain coronavirus fallout

Bloomberg | March 23, 2020 | Air Cargo | Airlines

Airbus SE extended credit lines and clamped down on cash outlays to give it access to 30 billion euros ($32 billion), taking steps to protect liquidity after the coronavirus pandemic pushed its airline customers to halt flights and stop ordering planes.

Airlines carnage worsens with Emirates, Singapore Air cuts

Bloomberg | March 23, 2020 | Air Cargo | Airlines

The crisis engulfing the aviation industry deepened after some of the world’s biggest international carriers announced drastic measures to cope with the coronavirus outbreak, with giants Emirates and Singapore Airlines Ltd. among the latest to slash flights.

New York-area flights delayed as virus strikes FAA facility

Bloomberg | March 21, 2020 | Air Cargo | Airports

An air-traffic facility that oversees space around New York City is being cleansed after a trainee tested positive for Covid-19, leading to some delays and briefly halting flights to JFK airport.