Air Cargo

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

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Thai Airlines to Seek $491 Million Government Bailout, Post Says

Bloomberg | March 28, 2020 | Air Cargo | Airlines

Seven airlines in Thailand are set to start talks with the Finance Ministry for a 16 billion baht ($491 million) bailout, the Bangkok Post reported.

The Coronavirus Is Squeezing Aerospace Beyond Boeing and Airbus

Bloomberg | March 27, 2020 | Air Cargo | General

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Munich Airport in crisis mode

Air Freight News | March 27, 2020 | Air Cargo | Airports

Due to the travel restrictions and the drastic reductions in available flights resulting from the coronavirus pandemic, Munich Airport is currently experiencing massive decreases in every area.

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Munich Airport releases annual results

AJOT | March 27, 2020 | Air Cargo | Airports

The significant rise in passenger traffic seen last year matches the strong financial results posted by Flughafen München GmbH (FMG) in 2019. Based on preliminary figures, the airport and its subsidiaries achieved groupwide sales revenues of 1.6 billion euros in 2019. This represents a year-on-year gain of 4 percent.

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CEO Doug Parker On What the CARES Act Would Mean for American

AJOT | March 27, 2020 | Air Cargo | Airlines

In a video shared with team members, American Airlines CEO Doug Parker discusses how the Coronavirus Aid, Relief, and Economic Security (CARES) Act is expected to shape the company’s response to COVID-19.

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American Airlines adds more schedule suspensions in response to COVID-19

AJOT | March 27, 2020 | Air Cargo | Airlines

April and May capacity will be reduced, travel wavers for flight changes

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Hactl scores CEIV hat-trick with Live Animals certification

Air Freight News | March 27, 2020 | Air Cargo | Airports

Hong Kong Air Cargo Terminals Limited has achieved certification under IATA CEIV Live Animals. As a result, Hactl becomes one of the very first companies to have achieved all three CEIV standards.

Urgent medical supplies arrive in Frankfurt from across the globe to support Germany’s rapid response to Covid-19

Air Cargo

AJOT | Top Story | March 27, 2020

Urgent medical supplies arrive in Frankfurt from across the globe to support Germany’s rapid response to Covid-19

Urgent medical equipment for healthcare workers and coronavirus patients is continuing to arrive at Frankfurt Airport from all over the world, with Frankfurt Cargo Services (FCS) ensuring immediate processing of all incoming shipments to expedite their delivery to frontline medical teams.

Governments are urged to facilitate the flow of air cargo to fight COVID-19 and its effects

AJOT | March 27, 2020 | Air Cargo | Air Forwarders

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Southwest Airlines Says It’s Losing ‘Big Money’ on Every Flight

Bloomberg | March 26, 2020 | Air Cargo | Airlines

Southwest Airlines Co. is losing “big money” on every flight, raising the risk of worker furloughs in the longer-term despite billions of dollars in immediate aid from the U.S. government.

Australia to Quarantine All International Air Arrivals

Bloomberg | March 26, 2020 | Air Cargo | Airports | International Trade

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Singapore Air Drops on $6.2 Billion Capital Raise to Fight Virus

Bloomberg | March 26, 2020 | Air Cargo | Airlines

Singapore Airlines Ltd. shares fell after the carrier unveiled a plan to raise about S$8.8 billion ($6.2 billion) to contend with the devastating impact of the coronavirus pandemic.

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American Airlines Cargo remains key partner for global trade

AJOT | March 26, 2020 | Air Cargo | Freighters

American Airlines is continuing to operate international widebody service to key locations around the globe, serving as a vital partner for freight forwarders and supporting global trade in the face of the coronavirus (COVID-19) pandemic.

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Virgin Atlantic operates first ever cargo only charter

AJOT | March 26, 2020 | Air Cargo | Freighters

Virgin Atlantic has operated its first ever cargo only charter amidst the operational challenges brought by the Covid-19 upon the aviation industry.

Etihad Cargo deploys cargo-only Boeing 787s to compliment freighter fleet

AJOT | March 26, 2020 | Air Cargo | Freighters

Chapman Freeborn responds to heavy demand from China

Air Cargo

AJOT | Top Story | March 26, 2020

Chapman Freeborn responds to heavy demand from China

Over the past 48 hours, global charter broker company, Chapman Freeborn has experienced a surge in cargo charter requests for humanitarian cargo and medical supplies (typically N95 respirators) from China into Europe and Africa.

Airport worker in Oakland tests positive for COVID-19

AJOT | March 26, 2020 | Air Cargo | Airports

Fitch takes rating actions on US international gateway airports amid coronavirus disruptions

AJOT | March 26, 2020 | Air Cargo | Airports

Together in their union, contracted airport workers win job protection in bailout

AJOT | March 26, 2020 | Air Cargo | Airports

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FIS Air Freight Update March 25, 2020

AJOT | March 26, 2020 | Air Cargo | General

India is put on lockdown, putting approximately 1/4 of the world's population under quarantine measures. Capacity is being driven into the market by passenger carriers eager to book expensive cargoes, however global equities are already plotting a recovery from a previous crash.