Coverage of air cargo related news including freight forwarders, airlines, airports and more
| August 20, 2020 | Air Cargo | Airlines
| 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.
| August 20, 2020 | Air Cargo | Airlines
| August 20, 2020 | Air Cargo | Airlines
| August 19, 2020 | Air Cargo | Airlines
| August 19, 2020 | Air Cargo | Airports
| August 19, 2020 | Air Cargo | Airlines
Southwest Airlines Co. sparked a rally in airline shares after saying improved leisure travel demand for August and September would help reduce its daily cash losses this quarter to about $20 million amid the coronavirus pandemic.
| August 19, 2020 | Air Cargo | Airlines
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand ($583 million) to resume operations.
| August 19, 2020 | Air Cargo | Airlines
The airline also recently announced the resumption of flights to Adelaide, Auckland, Houston, Kigali, London Gatwick, Nairobi, Philadelphia and Sialkot
| August 19, 2020 | Air Cargo | Airlines
| August 19, 2020 | Air Cargo | Airlines
| August 18, 2020 | Air Cargo | Airlines
Bain Capital has agreed to pay A$750 million ($543 million) should it fail to buy Virgin Australia Holdings Ltd., an unusually high break fee that helped win over the collapsed airline’s administrator.
| August 18, 2020 | Air Cargo | Freighters
Volga-Dnepr Airlines, the world’s leader in oversized and super-heavy air cargo transportation, has once again demonstrated agility and flexibility while organizing a charter flight with high voltage equipment onboard to empower construction of a 450MW solar power plant in Vietnam.
| August 18, 2020 | Air Cargo | Freighters
A Boeing 777 Freighter today joined the Volga-Dnepr Group fleet of 24 Boeing freighters today, departing Paine Field in Everett, Washington. The fuel efficient twin-engine freighter will begin operations with AirBridgeCargo, a subsidiary of Volga-Dnepr.
| August 18, 2020 | Air Cargo | Airlines
Boeing Co. is preparing to offer buyouts to employees for a second time this year as the virus-stricken planemaker extends its workforce cuts beyond the original 10% target unveiled in April.
| August 18, 2020 | Air Cargo | Airlines
Airbus SE has chosen a former General Electric Co. executive as the planemaker’s new sales chief in Europe in a move to strengthen its salesforce to get through the pandemic.
| August 17, 2020 | Air Cargo | Airlines
| August 17, 2020 | Air Cargo | Airports
Swissport and Qatar Airways Cargo have renewed a contract covering airport ground services and air cargo handling at Amsterdam’s Schiphol airport and signed new 5-year contracts for cargo handling at the airports in Manchester and Birmingham in the UK.
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