Air Cargo

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

Virgin Atlantic increases cargo-only flights by over 33% in June after a record-breaking month in May

AJOT | June 02, 2020 | Air Cargo | Freighters

Virgin Atlantic will increase its cargo-only flights by 35% to nearly 600 in June with the launch of new routes including Beijing and Brussels following the success of its May programme.

New SMBs joining eCommerce surge, ocean rates spike on bump in volume

Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19, says Frost & Sullivan

AJOT | June 02, 2020 | Air Cargo | Airlines

European Union prohibits flights by Armenia-based carriers

Bloomberg | June 02, 2020 | Air Cargo | Airlines | International Trade

With aircraft grounded, Qatar seeks flexibility on new deliveries

Bloomberg | June 02, 2020 | Air Cargo | Airlines

The head of Qatar Airways called on the world’s two major planemakers to ease demands that ailing carriers accept delivery of new aircraft, saying their future relationship was at stake.

Air Mauritius administrators say running out of options

Bloomberg | June 02, 2020 | Air Cargo

Garuda misses pilgrim windfall with ban on flights to holy Mecca

Bloomberg | June 02, 2020 | Air Cargo

Lufthansa gains following breakthrough on $10 billion bailout

Bloomberg | June 02, 2020 | Air Cargo

Britain’s coronavirus quarantine won’t fly

Bloomberg | June 02, 2020 | Air Cargo | Airports

Airports are a buy for investor looking past the virus wreckage

Bloomberg | June 01, 2020 | Air Cargo | Airports

UK eyes air bridges as backlash against virus quarantine grows

Bloomberg | June 01, 2020 | Air Cargo | Airports

Delta weighs what next for pilots with 2,327 more than It needs

Bloomberg | June 01, 2020 | Air Cargo | Airlines

Volga-Dnepr Airlines delivers urgent mobile ICU units to the Caribbean for Hospitainer

AJOT | June 01, 2020 | Air Cargo | Freighters

In response to the global COVID-19 Health Pandemic, Volga-Dnepr Airlines has recently delivered oversized urgent medical supplies to the remote Dutch Caribbean islands of St Maarten and St Eustatius.

Air Cargo

Bloomberg | Top Story | June 01, 2020

Lufthansa Supervisory Board Backs $10 Billion Bailout Deal

Deutsche Lufthansa AG’s supervisory board backed a 9 billion-euro ($10 billion) bailout by the German government, paving the way for the airline to receive the lifeline should investors approve it.

Plaza Forwarding Handles 2 Charter Flights Filled with Medical Aid

AJOT | June 01, 2020 | Air Cargo | Air Forwarders

Spanish member, Plaza Forwarding has recently handled two air charters filled with medical aid for the battle against COVID-19.

Emirates Casts Doubt on Aircraft Orders Worth Tens of Billions

Bloomberg | June 01, 2020 | Air Cargo | Freighters

Gulf airline Emirates said it’s unable to commit to outstanding aircraft orders in light of the coronavirus crisis, casting doubt over a backlog worth tens of billions of dollars to Boeing Co. and Airbus SE.

South African Airways Seeking $1.2 Billion in State Bailout

Bloomberg | June 01, 2020 | Air Cargo | Airlines

The administrators running South Africa’s embattled national airline proposed the government provide a 21 billion rand ($1.2 billion) bailout to help repay debt and resume operations after the lifting of Covid-19 travel bans.

Lufthansa Bailout to Trigger Onslaught From Low-Cost Rivals

Bloomberg | June 01, 2020 | Air Cargo | Airlines

Deutsche Lufthansa AG may have won its battle for state aid, but its surrender of airport slots to appease regulators heralds heightened conflict between European aviation’s old guard and low-cost challengers.

Emirates Group Says Job Cuts Needed With Planes Grounded

Bloomberg | May 31, 2020 | Air Cargo | Airlines | Intermodal

Emirates Group said it will be forced to cut jobs as the operator of the world’s largest long-haul carrier seeks to reduce costs after the coronavirus pandemic grounded air travel.

United Tiptoes Back to Overseas Flying With July Schedule Boost

Bloomberg | May 29, 2020 | Air Cargo | Airlines

United Airlines Holdings Inc. will add back some international flying in July, saying demand has “risen modestly” in some markets after the Covid-19 pandemic all but wiped out travel.

Air Cargo

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