Air Cargo
Coverage of air cargo related news including freight forwarders, airlines, airports and more
U.S. Airline Bailout Offers Loans and Cash-for-Equity Aid
| March 26, 2020 | Air Cargo | Airlines
Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give the government an option for an ownership stake, direct cash assistance under the coronavirus rescue deal reached by lawmakers and the White House.
Senate passes $2 trillion virus rescue plan; sends bill to House
| March 25, 2020 | Air Cargo
The U.S. Senate approved a historic $2 trillion rescue plan to respond to the economic and health crisis caused by the coronavirus pandemic, putting pressure on the Democratic-led House to pass the bill quickly and send it to President Donald Trump for his signature.
Desperate airlines swap passengers for cargo to stay afloat
| March 25, 2020 | Air Cargo | Airlines
Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Korean strawberries.
Boeing, suppliers near $60 billion US lifeline for aerospace
| March 25, 2020 | Air Cargo | Airlines
Airlines seen spurning US loans now with other funds handy
| March 25, 2020 | Air Cargo | Airlines
Winners and losers in Congress’s $2 trillion virus rescue plan
| March 25, 2020 | Air Cargo | Airlines | Intermodal
Desperate airlines switch passengers for cargo to stay alive
| March 25, 2020 | Air Cargo | Airlines
Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Korean strawberries.
With airlines grounded, a pollution permit auction fails
| March 25, 2020 | Air Cargo | Airlines
US airline bailout to give loans and cash-for-equity aid
First passenger aircraft full of air cargo lands in Frankfurt
| March 25, 2020 | Air Cargo | Airlines
Loaded with around 30 tons of freight, a Lufthansa passenger aircraft landed in Frankfurt today at 2:14 pm after a flight time of 11 hours and 6 minutes. In addition to the cargo compartments of the Airbus A330, the cabin including the stowage compartments above the seats was also loaded.
COVID-19 hits hard, logistics industry rallies
| March 25, 2020 | Air Cargo | Freighters | Maritime | Liner Shipping
Senate virus stimulus deal drops airline carbon emissions limits
| March 25, 2020 | Air Cargo | Airlines
Botswana elephants win a reprieve as virus keeps hunters at home
| March 25, 2020 | Air Cargo | Airlines
Airline bailout combines loans with cash-for-equity assistance
| March 25, 2020 | Air Cargo | Airlines
With airlines grounded, an auction for pollution permits fails
| March 25, 2020 | Air Cargo | Airlines
Gold in historic squeeze as virus snarls trade and spurs demand
| March 25, 2020 | Air Cargo | Airlines
Virgin Australia stops all flights except essential services
| March 24, 2020 | Air Cargo | Airlines
Virgin Australia Holdings Ltd. furloughed 80% of its 10,000-strong workforce and said it will only keep flying for essential services as restrictions due to the coronavirus eviscerate demand for travel. Shares rose.
Delta Air Lines downgraded to junk at S&P on travel drop
| 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
| March 24, 2020 | Air Cargo | Airlines
Worst-hit airlines badly need the cash that Latin America lacks
| March 24, 2020 | Air Cargo | Airlines
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