Air Cargo

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

Ryanair slashes winter capacity as virus weighs on demand

Bloomberg | October 15, 2020 | Air Cargo | Airlines

China Airline sets record with $2.4 billion convertible bond

Bloomberg | October 14, 2020 | Air Cargo | Airlines

United counts on $19 billion cushion as new loss disappoints

Bloomberg | October 14, 2020 | Air Cargo | Airlines

Mulstay named GM of Aeronet Denver

AJOT | October 14, 2020 | Air Cargo | Airports | Logistics

Cincinnati CBP agriculture stops about 1,300 pounds of mooncakes

Air Cargo

AJOT | Top Story | October 14, 2020

Cincinnati CBP agriculture stops about 1,300 pounds of mooncakes

U.S. Customs and Border Protection (CBP) agriculture specialists in Cincinnati recently confiscated 1,272 pounds of mooncakes and 359 pounds of other prohibited items during Special Operation Over the Moon.

The vaccine cargo cavalry sizes up readiness of historic airlift

Air Cargo

Bloomberg | Top Story | October 14, 2020

The vaccine cargo cavalry sizes up readiness of historic airlift

The medical industry’s dash to produce the world’s first coronavirus vaccines in just a few months is heightening the urgency for the workhorses of global trade to be ready for the historic charge to defeat the disease.

Raytheon’s Pratt begins job cuts as virus guts jet-engine demand

Bloomberg | October 13, 2020 | Air Cargo | Technology

Delta can’t avoid shrinking-airline syndrome

Bloomberg | October 13, 2020 | Air Cargo | Airlines

https://www.ajot.com/images/uploads/article/cainiao-photo.jpg

Cainiao Partners with Atlas Air to launch Asia to South America charter program

AJOT | October 13, 2020 | Air Cargo | Charters | Logistics

Cainiao Smart Logistics Network, (“Cainiao”), the logistics arm of Alibaba Group Holding Limited, today announced a partnership to launch a charter program with Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) to enhance Alibaba’s extensive logistics network as cross-border trade between China and Latin America continues to expand.

American airports that binged on debt see travel slowly revive

Bloomberg | October 13, 2020 | Air Cargo | Airports

Boeing receives $477 million performance based logistics contract from Defense Logistics Agency

AJOT | October 13, 2020 | Air Cargo | Airlines

Delta delays $5 billion of jet deliveries in blow to Airbus

Bloomberg | October 13, 2020 | Air Cargo | Airlines

Pilots shut down Pratt & Whitney engine on Airbus mid-air, even after fixes

Bloomberg | October 13, 2020 | Air Cargo | Technology

https://www.ajot.com/images/uploads/article/1000x-1_35.jpg

British Airways chief Cruz steps down in shakeup at IAG

Bloomberg | October 13, 2020 | Air Cargo | Airlines

British Airways Chief Executive Officer Alex Cruz is being replaced, just weeks after fellow Spaniard Luis Gallego took over as head of parent company IAG SA.

China’s jet and aerospace giant could land in US crosshairs

Air Cargo

Bloomberg | Top Story | October 12, 2020

British Airways Chief Cruz steps down in shakeup at parent IAG

British Airways Chief Executive Officer Alex Cruz is being replaced, just weeks after fellow Spaniard Luis Gallego took over as head of parent company IAG SA.