Air Cargo

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

Cargo airline cashing in on junk-bond boom for owner payout

Air Cargo

Bloomberg | Top Story | August 05, 2020

Cargo airline cashing in on junk-bond boom for owner payout

At a little-known cargo airline that handles shipments for United Parcel Service Inc. and Amazon.com Inc., business is booming.

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Air cargo continued its ‘gradual but consistent recovery’ in July

AJOT | August 05, 2020 | Air Cargo | Freighters

Global air cargo volumes continued to show a ‘gradual but consistent’ month-on-month recovery in July, increasing by 8% over June, according to the latest air cargo market analysis by CLIVE Data Services.

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Virgin Atlantic faces crunch vote to save restructuring plan

Bloomberg | August 05, 2020 | Air Cargo | Airlines

Richard Branson’s Virgin Atlantic Airways Ltd. faces a crunch vote in less than three weeks to determine whether a hard-won 1.2 billion-pound ($1.6 billion) rescue goes ahead or if the airline is headed for collapse.

Japan Airlines posts biggest loss since 2012 listing

Bloomberg | August 04, 2020 | Air Cargo | Airlines

Virgin Australia to cut third of staff under Bain ownership

Bloomberg | August 04, 2020 | Air Cargo | Airlines

American Air offers new incentives in bid to limit pilot layoffs

Bloomberg | August 04, 2020 | Air Cargo | Airlines

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Bolloré Transport & Logistics provides logistics support to the mango industry in Cote d’Ivoire, Burkina Faso and Mali

AJOT | August 04, 2020 | Air Cargo | Air Forwarders

For the 2020 crop year, the operational teams of Bolloré Transport & Logistics have processed 10,575 tons, or 940 TEU, of mangos via air and maritime transport.

Freightos weekly freight update + air cargo digitization

AJOT | August 04, 2020 | Air Cargo | Freighters

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Strauss to become CEO of Amerijet International, Inc.

AJOT | August 04, 2020 | Air Cargo | Freighters

Amerijet International, Inc. has announced that Tim Strauss will become its Chief Executive Officer effective August 17, 2020, based at the company’s headquarters in Miami, FL.

Menzies Aviation expands real-time tracking network for air cargo with Descartes

AJOT | August 04, 2020 | Air Cargo | Technology

Virgin Atlantic seeks rescue approval as cash running out

Bloomberg | August 04, 2020 | Air Cargo | Airlines

Richard Branson’s Virgin Atlantic Airways Ltd. told a London court that it will run out of cash next month unless it secures approval for a 1.2 billion-pound ($1.6 billion) rescue package announced in July.

Boeing 737 Max’s Europe flight test still on hold as FAA moves ahead

Bloomberg | August 04, 2020 | Air Cargo | Airlines

Clock is ticking for Garuda with cash pile thinning fast

Bloomberg | August 04, 2020 | Air Cargo | Airlines

Another regional airline falls to the Covid-19 recession

Bloomberg | August 04, 2020 | Air Cargo | Airlines

Virgin Galactic delays key flight, plans $460 million share sale

Bloomberg | August 03, 2020 | Air Cargo | Airlines

Southwest pulls back on jet cleanup to save time between flights

Bloomberg | August 03, 2020 | Air Cargo | Airlines

Boeing given long list of proposed fixes for 737 Max return

Bloomberg | August 03, 2020 | Air Cargo | Airlines

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AirBridgeCargo Airlines delivers 41RKN CSafe containers as part of its prep for Covid-19 vaccine transportation

Air Freight News | August 03, 2020 | Air Cargo | Freighters

AirBridgeCargo Airlines, part of Volga-Dnepr Group, has transported a record number of RKN containers onboard its Boeing 747-8F. ABC’s scheduled flight uplifted the cargo for its long-lasting customer, DSV, from Amsterdam (the Netherlands) to Shanghai (China).

Japan Airlines posts biggest loss since re-listing in 2012

Bloomberg | August 03, 2020 | Air Cargo | Airlines

Air Canada rips Trudeau over rules, may cancel plane orders

Air Cargo

Bloomberg | Top Story | July 31, 2020

Air Canada rips Trudeau over rules, may cancel plane orders

Air Canada escalated a fight with the government of Prime Minister Justin Trudeau over the country’s stringent travel rules, threatening to suspend more routes and cancel orders of locally made planes.