Air Cargo

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

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Bain Buys Virgin Australia in Bold Bet on Shattered Industry

Bloomberg | June 25, 2020 | Air Cargo | Airlines

Bain Capital LP agreed to buy collapsed Virgin Australia Holdings Ltd. in one of the biggest single bets on the airline industry since it was shattered by the coronavirus pandemic.

U.S. Airline CEOs to Meet With Pence on Covid-19 Measures

Bloomberg | June 25, 2020 | Air Cargo | Airlines

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Aviation’s Turnaround Man Signs Up for Repeat Job at Qantas

Bloomberg | June 25, 2020 | Air Cargo | Airlines

Alan Joyce pulled Qantas Airways Ltd. back from the brink once before. Now he’s signed up to do it again, but under much tougher circumstances.

United Air Boosts Debt Sale 36% to $6.8 Billion on Demand Surge

Bloomberg | June 25, 2020 | Air Cargo | Airlines

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DHL and Air France KLM Martinair Cargo make transports of medicinal products more transparent

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group and Air France KLM Martinair (AFKLMP) Cargo improve transparency in the pharmaceutical logistics chain. Together, the two leading players in the airfreight pharmaceutical industry have created a direct host-to-host connection to enhance the data reliability and availability for their customers. Information about deliveries can be easily accessed and monitored via DHL’s LifeTrack Portal.

American Airlines announces pricing of senior secured notes

AJOT | June 25, 2020 | Air Cargo | Airlines

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Ziegler LGG imports 150 million masks and disposable aprons for Belgium

AJOT | June 25, 2020 | Air Cargo | Freighters

AON member, Ziegler LGG in Belgium, have imported 150,000,000 (150 millions) of masks for the Belgian State, between March and June 2020. They are proud to provide and care for Belgium, as they have also imported several millions of disposable aprons for the medical staff in hospitals as well.

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Lufthansa shareholders pave the way for stabilization measures

AJOT | June 25, 2020 | Air Cargo | Airlines

Today, the shareholders of Deutsche Lufthansa AG voted in favor of accepting the capital measures and the participation of the Economic Stabilisation Fund (WSF) of the Federal Republic of Germany in Deutsche Lufthansa AG. The corresponding proposal received the necessary majority at today’s Extraordinary General Meeting of the company.

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Delta CEO Sees Little Room to Restore More Flights After August

Bloomberg | June 25, 2020 | Air Cargo | Airlines

Delta Air Lines Inc. will probably stop adding flights to its schedule after the summer as the coronavirus pandemic continues to suppress travel demand.

Port of Oakland leaders send message to East Bay businesses: Fly OAK first

AJOT | June 25, 2020 | Air Cargo | Airports

Travel collapse stirs confusion on Mexico Airlines’ traffic data

Bloomberg | June 25, 2020 | Air Cargo | Airlines

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Gebrüder Weiss Announces New Facilities Down Under

AJOT | June 25, 2020 | Air Cargo | Air Forwarders

International logistics company Gebrüder Weiss announces plans to open air and sea freight locations in Australia and New Zealand, expanding its network in the Asia-Pacific region.