Air Cargo

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

Boeing, suppliers near $60 billion US lifeline for aerospace

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Airlines seen spurning US loans now with other funds handy

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Winners and losers in Congress’s $2 trillion virus rescue plan

Bloomberg | March 25, 2020 | Air Cargo | Airlines | Intermodal

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Desperate airlines switch passengers for cargo to stay alive

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Korean strawberries.

With airlines grounded, a pollution permit auction fails

Bloomberg | March 25, 2020 | Air Cargo | Airlines

US airline bailout to give loans and cash-for-equity aid

Air Cargo

Bloomberg | Top Story | March 25, 2020

US airline bailout to give loans and cash-for-equity aid

Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give the government an option for an ownership stake, direct cash assistance under the coronavirus rescue deal reached by lawmakers and the White House.

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First passenger aircraft full of air cargo lands in Frankfurt

AJOT | March 25, 2020 | Air Cargo | Airlines

Loaded with around 30 tons of freight, a Lufthansa passenger aircraft landed in Frankfurt today at 2:14 pm after a flight time of 11 hours and 6 minutes. In addition to the cargo compartments of the Airbus A330, the cabin including the stowage compartments above the seats was also loaded.

COVID-19 hits hard, logistics industry rallies

Senate virus stimulus deal drops airline carbon emissions limits

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Botswana elephants win a reprieve as virus keeps hunters at home

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Airline bailout combines loans with cash-for-equity assistance

Bloomberg | March 25, 2020 | Air Cargo | Airlines

With airlines grounded, an auction for pollution permits fails

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Gold in historic squeeze as virus snarls trade and spurs demand

Bloomberg | March 25, 2020 | Air Cargo | Airlines

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Virgin Australia stops all flights except essential services

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Virgin Australia Holdings Ltd. furloughed 80% of its 10,000-strong workforce and said it will only keep flying for essential services as restrictions due to the coronavirus eviscerate demand for travel. Shares rose.

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Delta Air Lines downgraded to junk at S&P on travel drop

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Delta Air Lines Inc. lost its coveted investment-grade status from one rater as S&P Global Ratings cut the company to junk.

With airplanes grounded, market tests pollution credit demand

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Worst-hit airlines badly need the cash that Latin America lacks

Bloomberg | March 24, 2020 | Air Cargo | Airlines

Namibia closes airports, imposes partial lockdown on capital

Bloomberg | March 24, 2020 | Air Cargo | Airports

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LATAM Cargo modifies its freighter itinerary to offer its clients more capacity

AJOT | March 24, 2020 | Air Cargo | Freighters

LATAM Cargo Group works intensively to offer its clients more capacity and satisfy their needs given the constantly changing world-wide scenario caused by COVID-19’s effects. For the most part, In the air industry this has triggered international flight cancellations and restricted cargo capacity.

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UK need for ventilators, virus tests to spur cargo flights 50%

Bloomberg | March 24, 2020 | Air Cargo | Freighters

Freighter flights at London’s Heathrow airport are forecast to climb more than 50% above normal levels next week amid a surge in shipments of coronavirus test kits, protective equipment and ventilators.