Air Cargo

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

United Airlines continues draw down of international schedule

AJOT Newsroom | March 23, 2020 | Air Cargo | Airlines

United continues to aggressively manage the impact of the coronavirus (COVID-19) outbreak on our employees, our customers and our business.

Airbus builds $32 billion buffer to contain coronavirus fallout

Bloomberg | March 23, 2020 | Air Cargo | Airlines

Airbus SE extended credit lines and clamped down on cash outlays to give it access to 30 billion euros ($32 billion), taking steps to protect liquidity after the coronavirus pandemic pushed its airline customers to halt flights and stop ordering planes.

Airlines carnage worsens with Emirates, Singapore Air cuts

Bloomberg | March 23, 2020 | Air Cargo | Airlines

The crisis engulfing the aviation industry deepened after some of the world’s biggest international carriers announced drastic measures to cope with the coronavirus outbreak, with giants Emirates and Singapore Airlines Ltd. among the latest to slash flights.

New York-area flights delayed as virus strikes FAA facility

Bloomberg | March 21, 2020 | Air Cargo | Airports

An air-traffic facility that oversees space around New York City is being cleansed after a trainee tested positive for Covid-19, leading to some delays and briefly halting flights to JFK airport.

Port of Oakland provides coronavirus updates via blog

AJOT Newsroom | March 20, 2020 | Air Cargo | Airports | Ports & Terminals

Virus stresses air-traffic with closures in Midwest, New York

Bloomberg | March 20, 2020 | Air Cargo | Airports

Air France, Airbus lining up for government-backed bailouts

Bloomberg | March 20, 2020 | Air Cargo | Airlines

Air Cargo

Bloomberg | March 20, 2020

Virus spurs American Air’s first cargo-only flights in 36 years

American Airlines Group Inc. is shifting some of its biggest idled jets to ferry just cargo -- the carrier’s first flights without passengers in nearly four decades.

Boeing faces once-unthinkable cuts, factory outbreak, Haley uproar

Bloomberg | March 20, 2020 | Air Cargo | Airlines

Air Cargo

Bloomberg | March 20, 2020

Critical medical supplies are stuck in China with no planes to ship them

Michael Einhorn’s Chinese suppliers of masks and surgical gowns have finally restarted production. His challenge now is to find cargo space to get them to his U.S. customers fast enough.

Norwegian Air state aid falls short as bonds hit record low

Bloomberg | March 20, 2020 | Air Cargo | Airlines

Boeing weighs deep cuts with $60 billion bailout bid pending

Bloomberg | March 20, 2020 | Air Cargo | Airlines

Desperate airlines await bailout; Air Canada lays off 5,000

Bloomberg | March 20, 2020 | Air Cargo | Airlines

Swedish Airports group lays off 1,900 workers as traffic slumps

Bloomberg | March 20, 2020 | Air Cargo | Airlines

UPS shares beat other transportation stocks with Amazon’s help

In a brutal market rout that has spared almost no corner of the financial market, one American brand is showing extraordinary resilience.

Cathay Pacific scraps 96% of flights as virus stops travel

Bloomberg | March 20, 2020 | Air Cargo | Airlines

Airline loans would come with conditions under GOP Senate bill

Bloomberg | March 19, 2020 | Air Cargo | Airlines

A Senate Republican proposal responding to the fast-spreading economic devastation from the Covid-19 outbreak includes $58 billion for loans to airlines that have seen traffic plummet, but comes with conditions that could ensure they continue providing service.

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