Air Cargo

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


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Spain Says EU Airline Response Would Avoid Competition Issues

Bloomberg | May 11, 2020 | Air Cargo | Airlines

The Spanish government is pushing for a European-wide response to shore up the airline industry so that carriers face a “level playing field,” according to the country’s economy minister.

Indonesia Drafts $1 Billion Rescue Plan to Save Flag Carrier

Bloomberg | May 11, 2020 | Air Cargo | Airlines

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Avianca Files for Bankruptcy as LatAm Skies Stay Closed

Bloomberg | May 10, 2020 | Air Cargo | Airlines

Avianca Holdings SA, one of the biggest carriers in Latin America, filed for Chapter 11 bankruptcy after travel bans across the region forced the Colombian airline to ground its fleet.

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Virgin Atlantic to Pitch Investors Amid Administration Risks

Bloomberg | May 10, 2020 | Air Cargo | Airlines

Virgin Atlantic Airways Ltd. will begin pitching to potential investors Monday as it seeks to avoid collapse with air travel effectively grounded and the U.K. government reluctant to provide emergency funding, a person with knowledge of the situation said.

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Emirates Group Profit Drops 28% as Virus Cuts Into March Income

Bloomberg | May 10, 2020 | Air Cargo | Airlines

Emirates Group, which operates the world’s largest long-haul carrier, reported a 28% decline in full-year profit as the impact of the coronavirus cut into earnings in March.

Italy Weighing Candidates for New Alitalia Company

Bloomberg | May 09, 2020 | Air Cargo | Airlines

United Air Scraps $2.25 Billion Bond Deal After Terms Disappoint

Bloomberg | May 08, 2020 | Air Cargo | Airlines

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Origin Logistics organise air charter to doha for healthcare forces of Qatar

AJOT | May 08, 2020 | Air Cargo | Project | Project / Heavy Lift

Origin Logistics report they have chartered a complete flight from Istanbul in Turkey to Doha for the healthcare forces of Qatar in their fight against COVID-19.

India’s Top Airline to Put Some Staff on Leave Without Pay

Bloomberg | May 08, 2020 | Air Cargo | Airlines

Scientists Develop Plasma Thruster That Could One Day Power Planes

Bloomberg | May 08, 2020 | Air Cargo | Technology

Person on Austin, Texas, Runway Killed as Southwest Plane Lands

Bloomberg | May 07, 2020 | Air Cargo | Airports

United Airlines Sees Weak Demand for $2.25 Billion Junk Bond

Bloomberg | May 07, 2020 | Air Cargo | Airlines

US airport screeners must wear masks, TSA is set to announce

Bloomberg | May 07, 2020 | Air Cargo | Airports

Lufthansa confirms talks to hand Germany 25% stake in rescue

Bloomberg | May 07, 2020 | Air Cargo | Airlines

Frontier Air ditches extra-space plan after congressional outcry

Bloomberg | May 07, 2020 | Air Cargo | Airlines

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British Airways owner IAG taps UK funds to survive slump

Bloomberg | May 07, 2020 | Air Cargo | Airlines

British Airways parent IAG SA tapped U.K. government-backed loans to boost liquidity, in a sign of the damage being wrought by the Covid-19 pandemic on even the industry’s strongest players.

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Airline bailouts need green strings attached, Carney says

Bloomberg | May 07, 2020 | Air Cargo | Airlines

Governments must take advantage of a $3 trillion green investment opportunity to recover from the coronavirus shock, former Bank of England Governor Mark Carney said.

There’s no escape from the virus in a cockpit at 30,000 feet

Bloomberg | May 07, 2020 | Air Cargo | Airlines

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