Air Cargo

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

Ryanair’s chief Is on a mission to wreck EU airline rescues

Bloomberg | May 14, 2020 | Air Cargo | Airlines

Ontario International Airport freight volume rose 26% in April

AJOT Newsroom | May 14, 2020 | Air Cargo | Airports

Delta to retire Boeing 777 jets, sees up to $1.7 billion charge

Bloomberg | May 14, 2020 | Air Cargo | Airlines

Huntsville International Airport face covering policy to go into effect

AJOT Newsroom | May 14, 2020 | Air Cargo | Airports

British Airways owner rebuffs calls to delay 12,000 job cuts

Bloomberg | May 14, 2020 | Air Cargo | Airlines

FIS Air Freight Report May 11, 2020

AJOT Newsroom | May 14, 2020 | Air Cargo | Freighters

The direction of market prices flips over for China to Europe, as the lane drops off 32 cents over the week, led by a sharp 47 cent decline in Shanghai to Europe prices. Hong Kong to Europe trails with an 18 cent drop.

Qatar Airways to cut almost 20% of workforce, CEO tells BBC

Bloomberg | May 14, 2020 | Air Cargo | Airlines

Dubai Airports chief sees ‘hockey stick’ recovery after vaccine

Bloomberg | May 14, 2020 | Air Cargo | Airports

Luxury jets in Florida, sea planes in Alaska get virus aid

Bloomberg | May 13, 2020 | Air Cargo | Airlines

Mumbai added to Swiss WorldCargo’s network

AJOT Newsroom | May 13, 2020 | Air Cargo | Freighters

Following the recent launch of our network of cargo flights, Swiss WorldCargo will continue to fly to different global destinations as part of its cargo-only network.

Airlines tumble on warning of lagging travel demand through 2025

Bloomberg | May 13, 2020 | Air Cargo | Airlines

Air rates soar leading to severe airline congestion

AJOT Newsroom | May 13, 2020 | Air Cargo | Air Forwarders | Maritime | Liner Shipping

Airline group sees virus hurting travel for at least five years

Bloomberg | May 13, 2020 | Air Cargo | Airlines

Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from the International Air Transport Association.

Johnson says airlines must keep low carbon footprint

Bloomberg | May 13, 2020 | Air Cargo | Airlines

U.K. Prime Minister Boris Johnson said the global aviation industry needs to limit carbon-dioxide emissions once air travel resumes following the coronavirus crisis.

Korean Air plans to raise over $800 million to stay afloat

Bloomberg | May 13, 2020 | Air Cargo | Airlines

Korean Air Lines Co. plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of its flights.

SocGen to make goodwill payment to Singapore Airlines short-sellers

Bloomberg | May 13, 2020 | Air Cargo | Airlines

Societe Generale SA will make a one-time payment to those who used its daily leverage certificates to short Singapore Airlines Ltd. stock and got wiped out after the carrier’s share price surged following an adjustment for a rights issue.

Air Cargo

Bloomberg | May 12, 2020

American gets most as biggest airlines win bulk of US aid

Five major airlines have received the lion’s share of federal aid Treasury Secretary Steven Mnuchin has approved in the past six weeks as the industry copes with an economy forced to shut down by the coronavirus pandemic.

Boeing’s tally of lost orders soars to 255 for bad-to-worse 2020

Bloomberg | May 12, 2020 | Air Cargo | Airlines

Ryanair sees rivals failing, cheaper Boeing Max deal after virus

Bloomberg | May 12, 2020 | Air Cargo | Airlines

Boeing CEO sees risk a US airline will fail amid travel rout

Bloomberg | May 12, 2020 | Air Cargo | Airlines

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