Air Cargo

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

Ackman sees Boeing’s survival hinging on US government bailout

Bloomberg | March 18, 2020 | Air Cargo | Airlines

Emirates mulls grounding its A380 fleet as virus spreads

Bloomberg | March 18, 2020 | Air Cargo | Airlines

Mnuchin floats cash for families, airlines in $1.3 trillion plan

Bloomberg | March 18, 2020 | Air Cargo | Airlines

Cancellations soar at Chicago midway after virus shuts tower

Bloomberg | March 18, 2020 | Air Cargo | Airports

UAE tells inbound travelers to self-quarantine for 14 days

Bloomberg | March 18, 2020 | Air Cargo | Airports

Ryanair to cancel almost all flights as virus locks down Europe

Bloomberg | March 18, 2020 | Air Cargo | Airlines

Private-flight bookings ‘unbelievable’ as airlines cutback

Bloomberg | March 18, 2020 | Air Cargo | Charters

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Ontario International Airport continues actions against coronavirus in time of national emergency

AJOT | March 18, 2020 | Air Cargo | Airports

Extends support to airport workers and business partners

IndiGo, Vistara may ground jets as virus cases jump in India

Bloomberg | March 18, 2020 | Air Cargo | Airlines

United cuts 85% of international flights, the most among major U.S. airlines

Bloomberg | March 17, 2020 | Air Cargo | Airlines

Boeing seeks $60 billion aerospace bailout amid travel collapse

Bloomberg | March 17, 2020 | Air Cargo | Airlines

FedEx suspends outlook with virus muddying revamp for e-commerce

Air Cargo

Bloomberg | Top Story | March 17, 2020

FedEx suspends outlook with virus muddying revamp for e-commerce

FedEx Corp. suspended its financial forecasts as the coronavirus pandemic blurred the demand outlook, upsetting a major overhaul at the courier to cut costs and handle a flood of e-commerce packages.While the uncertainty is shutting down daily life in much of the world, FedEx is beginning to see a cargo rebound in China, where the outbreak originated. About 95% of large manufacturers have returned to operations there, FedEx said, and last week the courier made about as many flights as normal to

Flights at Chicago Midway resume after virus fears shut tower

Bloomberg | March 17, 2020 | Air Cargo | Airports

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FIS Air Freight Report March 16, 2020

AJOT | March 17, 2020 | Air Cargo | General

Prices surge across all core APAC routes, China to Europe up 39 cents ($3.03/kg / +14.77%), China to USA explodes up 72 cents ($4.21 / +20.63%). China to USA is lifted up by an exceptional $1.08/kg price increase (up 29.75% to $4.71) as volumes resume to normal levels.