Air Cargo

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

Virgin Australia creditors lose almost everything under Bain

Bloomberg | August 24, 2020 | Air Cargo | Airlines

Delta warns of 1,941 pilot job cuts on grim travel outlook

Bloomberg | August 24, 2020 | Air Cargo | Airlines

Delta plans to follow United with debt backed by loyalty program

Bloomberg | August 24, 2020 | Air Cargo | Airlines

Delta Air Lines to Fly Ontario, California to Seattle

AJOT | August 24, 2020 | Air Cargo | Airlines

Swiss WorldCargo adds Boston and San Francisco

AJOT | August 24, 2020 | Air Cargo | Freighters

U-Freight still sees project activity for airline repair companies, despite Covid-19

AJOT | August 24, 2020 | Air Cargo | Airports

Qantas Drops International CEO With Overseas Flights Grounded

Bloomberg | August 23, 2020 | Air Cargo | Airlines

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Emirates nears deal on Boeing 777X, 787 deliveries

Bloomberg | August 22, 2020 | Air Cargo | Freighters

Emirates has decided on its preferred mix of new Boeing Co. wide-body planes, with the focus likely to be on smaller aircraft rather than jumbo jets following a slump in demand amid the Covid-19 pandemic.

Delta sets plans to resume some global flying cut by pandemic

Bloomberg | August 21, 2020 | Air Cargo | Airlines

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USDOT Secretary Elaine L. Chao announces $7.5 MIL in 19 unmanned aircraft system research grants

Air Freight News | August 21, 2020 | Air Cargo | Technology | Shipping Technology

U.S. Transportation Secretary Elaine L. Chao today announced that the Federal Aviation Administration (FAA) is awarding $7.5 million in research, education, and training grants to universities that comprise the agency’s Air Transportation Center of Excellence (COE) for Unmanned Aircraft Systems (UAS), also known as the Alliance for System Safety of UAS through Research Excellence (ASSURE).

Swissport securing additional liquidity and agreement in principle

AJOT | August 21, 2020 | Air Cargo | Airports

A group of senior secured creditors has committed to provide 300 million euros of interim liquidity to support operations through the completion of the restructuring. The agreement ‘in principle’ on a comprehensive restructuring includes significant deleveraging and a new 500 million euros long term debt facility, which will replace the interim facility

Emirates nears deal on Boeing jets with 777X timing unresolved

Bloomberg | August 20, 2020 | Air Cargo | Airlines

Commerce applauds NAPA study reaffirming the department as the lead agency for space traffic management

AJOT | August 20, 2020 | Air Cargo | Technology

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BB International gets surgical masks to France

AJOT | August 20, 2020 | Air Cargo | Charters

BB International Project, member to the Worldwide Project Consortium (WWPC) for France, have participated to the air bridge between China and France of masks supply by order of the French government.

American Airlines drops flights to 15 smaller US cities

Bloomberg | August 20, 2020 | Air Cargo | Airlines

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FIS Air Freight Report August 17, 2020

AJOT | August 20, 2020 | Air Cargo | General

No change in terms of the lack of direction in the market this week, near term pricing remains unpredictable - however the general sense of constrained capacity and cargo growth in Q4 remains.

Singapore Air goes through half of cash raised in two months

Bloomberg | August 20, 2020 | Air Cargo | Airlines

South Africa in talks with keen investors in state airline

Bloomberg | August 20, 2020 | Air Cargo | Airlines

Qantas reports $1.96 billion loss and sees more pain to come

Bloomberg | August 19, 2020 | Air Cargo | Airlines

Delta restores two China flights as travel demand inches up

Air Cargo

Bloomberg | Top Story | August 19, 2020

Delta restores two China flights as travel demand inches up

Delta Air Lines Inc. will restart two weekly flights between the U.S. and China next week, bringing its total to four, because of increased customer demand and recent government approval for such service.