Air Cargo

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

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As economists predict global economy is ‘bottoming out’, do April’s air cargo volumes offer a glimmer of hope?

AJOT | May 06, 2020 | Air Cargo | Freighters

While air cargo volumes diminished rapidly in March, new data for April offers some hope that leading economists are right and the decline in the global economy is ‘bottoming out’.

United Airlines announces proposed senior secured notes offering

AJOT | May 06, 2020 | Air Cargo | Airlines

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FBX Weekly: Industry feeling the pain, air and ocean rates remain stable

Here are the latest China-US container rates, which are heavily impacted by the ongoing outbreak:

Wizz Air targets UK push with Gatwick slots coming free

Bloomberg | May 06, 2020 | Air Cargo | Airlines

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Do April’s air cargo volumes offer a glimmer of hope?

Air Freight News | May 06, 2020 | Air Cargo | Freighters

While air cargo volumes diminished rapidly in March, new data for April offers some hope that leading economists are right and the decline in the global economy is ‘bottoming out’.

Gatwick cutbacks mount with Virgin Atlantic the latest to flee

Bloomberg | May 06, 2020 | Air Cargo | Airports

Singapore Air soars most since 1987 on hopes of easing lockdowns

Bloomberg | May 06, 2020 | Air Cargo | Airlines

Ethiopian Airlines ready to be savior to fellow African carriers

Bloomberg | May 06, 2020 | Air Cargo | Airlines

Tiny Cape Air paved way for JetBlue, Spirit to exit big cities

Bloomberg | May 05, 2020 | Air Cargo | Airlines

Delta Air thins out cabins further, going beyond the Middle Seat

Bloomberg | May 05, 2020 | Air Cargo | Airlines

ETF traders defy Buffett’s warning about airlines

Bloomberg | May 05, 2020 | Air Cargo | Airlines

Logistics expert time:matters expands cargo flight network from Germany to Spain

AJOT | May 05, 2020 | Air Cargo | Air Forwarders

Virgin Atlantic to cut third of its workforce, quit Gatwick

Bloomberg | May 05, 2020 | Air Cargo | Airlines

Branson’s Virgin Atlantic to cut 3,150 jobs, shutter Gatwick

Bloomberg | May 05, 2020 | Air Cargo | Airports | Airlines

United Air to slash management, office staff after aid runs out

Air Cargo

Bloomberg | Top Story | May 05, 2020

United Air to slash management, office staff after aid runs out

United Airlines Holdings Inc. will cut at least 30% of its managerial and administrative jobs when government restrictions lift in October, bracing for a prolonged travel slump in the age of Covid-19.

Lufthansa in talks with Airbus and Boeing on order deferrals

Bloomberg | May 05, 2020 | Air Cargo | Airlines

Ryanair sues EU to topple Sweden’s $494 million airline rescue

Bloomberg | May 05, 2020 | Air Cargo | Airlines

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FIS Air Freight Report May 4, 2020

AJOT | May 05, 2020 | Air Cargo | General

New for this week, Calendar year contracts for 2021 (Cal 21) have been added to cover forward contract interest.

Qantas warns of years-long recovery as it raises more funds

Bloomberg | May 05, 2020 | Air Cargo | Airlines

Air Cargo

AJOT | Top Story | May 04, 2020

Turkish Cargo achieved the highest growth rate among the top 25 air cargo carriers

Turkish Cargo, the fastest growing air cargo brand in the world, achieved the highest growth rate among the best 25 air cargo carriers with 16.6 percent growth rate, according to the International Air Transport Association's (IATA) Freight Tonne Kilometers (FTK) February'20 results.