Air Cargo

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


Activist fund offers to buy Delta’s 15% stake in Hanjin Kal

Bloomberg | March 26, 2020 | Air Cargo | Airlines

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Qatar Airways’ revenue sinks, plans to keep flying

Bloomberg | March 26, 2020 | Air Cargo | Airlines

Qatar Airways, which is continuing to operate a third of its normal schedule, has taken a “huge hit” from the coronavirus.

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U.S. Airline Bailout Offers Loans and Cash-for-Equity Aid

Bloomberg | 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.

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Senate passes $2 trillion virus rescue plan; sends bill to House

Bloomberg | 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.

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Desperate airlines swap passengers for cargo to stay afloat

Air Freight News | 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

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Airlines seen spurning US loans now with other funds handy

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Winners and losers in Congress’s $2 trillion virus rescue plan

Bloomberg | March 25, 2020 | Air Cargo | Airlines | Intermodal

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Desperate airlines switch passengers for cargo to stay alive

Bloomberg | 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

Bloomberg | March 25, 2020 | Air Cargo | Airlines

US airline bailout to give loans and cash-for-equity aid
Air Cargo
Bloomberg | Top Story | March 25, 2020

US airline bailout to give loans and cash-for-equity aid

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.
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First passenger aircraft full of air cargo lands in Frankfurt

AJOT | 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

AJOT | March 25, 2020 | Air Cargo | Freighters | Maritime | Liner Shipping

Senate virus stimulus deal drops airline carbon emissions limits

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Botswana elephants win a reprieve as virus keeps hunters at home

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Airline bailout combines loans with cash-for-equity assistance

Bloomberg | March 25, 2020 | Air Cargo | Airlines

With airlines grounded, an auction for pollution permits fails

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Gold in historic squeeze as virus snarls trade and spurs demand

Bloomberg | March 25, 2020 | Air Cargo | Airlines

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Virgin Australia stops all flights except essential services

Bloomberg | 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.

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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.

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