Air Cargo

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

Boeing burns $1 billion in cash as Max grounding costs mount

Bloomberg | July 24, 2019 | Air Cargo | Airlines

Boeing Co. burned $1.01 billion in cash during the second quarter, a sign of the strain from a protracted grounding of the 737 Max jetliner following two fatal crashes.

Sanders, Warren join striking airport workers

Bloomberg | July 23, 2019 | Air Cargo | Airports

Air Cargo

Bloomberg | July 23, 2019

UPS matches FedEx with Sunday delivery as Amazon threat looms

United Parcel Service Inc. will begin Sunday pickup and delivery next year, joining competitor FedEx Corp., which announced the move to seven-day service in May.

UPS seeks airline-type status for long-distance drone deliveries

Bloomberg | July 23, 2019 | Air Cargo | Freighters

United Parcel Service Inc. is seeking approval to operate delivery drones under the same rules as a private jet service, unlocking the potential to carry health-care packages over long distances between hospitals.

JetBlue’s ‘very disappointed’ CFO jabs Airbus on A321 delays

Bloomberg | July 23, 2019 | Air Cargo | Airlines

Air Cargo

Bloomberg | July 23, 2019

British Airways loses court bid to halt pilot strike over pay

British Airways lost a U.K. court bid to halt a pilot strike at the height of the summer travel season.

FAA to further expand opportunities for safe drone operations

AJOT Newsroom | July 23, 2019 | Air Cargo | Technology

The Federal Aviation Administration (FAA) beginning on July 23 will expand the Low Altitude Authorization and Capability (LAANC) system to include recreational flyers. This action will significantly increase the ability of drone pilots to gain access to controlled airspace nationwide.

Lufthansa Cargo clears the new CSafe RAP temperature-controlled container for departure

AJOT Newsroom | July 23, 2019 | Air Cargo | Airlines

CSafe Global, the innovation leader in active temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, is pleased to announce that Lufthansa Cargo is the latest airline to qualify and approve the CSafe RAP for flight

Pittsburgh International Airport named cargo distribution center for Qatar Airways Cargo

AJOT Newsroom | July 23, 2019 | Air Cargo | Airports

British Airways says pilot strike may cost $50 million a day

Bloomberg | July 23, 2019 | Air Cargo | Airlines

FIS Air Freight Report July 22, 2019

AJOT Newsroom | July 22, 2019 | Air Cargo | General

Both China to Europe and US lanes have seen BID/OFFER interest for September, softening the entry into Q4 significantly compared to 2018. China to Europe is bid at SEP 2.60USD/KG, with China to US offered at SEP 3.29USD/KG.

British Airways Pilots Vote to Strike as Airline Heads to Court

Bloomberg | July 22, 2019 | Air Cargo | Airlines

British Airways pilots voted in favor of industrial action as part of an accelerating pay dispute that’s threatening to disrupt flights at the height of the busy summer travel season.

Southwest Won’t Take On Older Boeing 737s to Cover Max Void

Bloomberg | July 22, 2019 | Air Cargo | Airlines

Southwest Airlines Co., which is canceling 150 flights a day as the Boeing Co. 737 Max remains grounded, says it won’t bring back used 737 models to help cover the flying void.

American Airlines and Qantas receive final approval to form joint business

AJOT Newsroom | July 22, 2019 | Air Cargo | Airlines

American Airlines welcomes the U.S. Department of Transportation’s final approval of a joint business agreement with Qantas.

Iran-U.S. Spat Leaves Mideast Airlines Encircled by Hostile Skies

Bloomberg | July 21, 2019 | Air Cargo | Airlines

Airlines in the Middle East are used to avoiding trouble spots, but airspace closures spurred by mounting tension between Iran and the U.S. mean they now face diversions whether flying north, south, east or west.

Cathay Adds Budget Carrier to Group After Buying HK Express

Bloomberg | July 20, 2019 | Air Cargo | Airlines

Cathay Pacific Airways Ltd. completed the acquisition of Hong Kong’s only budget carrier as the company expects to lift its market share amid growing competition from mainland Chinese airlines.

Insolvency administrator invites resolution plans for Jet Air

Bloomberg | July 19, 2019 | Air Cargo | Airlines

Boeing sees $4.9 billion 737 Max hit, flights resuming in 2019

Bloomberg | July 19, 2019 | Air Cargo | Airlines

Cellphones a flight danger? Could be on some Boeing jets

Bloomberg | July 18, 2019 | Air Cargo | Airlines

U.S. government officials in 2014 revealed an alarming safety issue: Passenger cellphones and other types of radio signals could pose a crash threat to some models of Boeing 737 and 777 airplanes.

Air Cargo

Bloomberg | July 18, 2019

Trump to host US, Qatar Airline CEOs in White House showdown

President Donald Trump is poised to meet with the heads of American Airlines Group Inc., United Airlines Holdings Inc. and Qatar Airways to discuss competition issues amid a long-running feud pitting the U.S. carriers against their Persian Gulf rivals, people familiar with the matter said.

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