Air Cargo

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

AirAsia Studies Fundraising, Joint Ventures Amid Virus Squeeze

Bloomberg | June 05, 2020 | Air Cargo | Airlines

AirAsia Group Bhd. is evaluating capital-raising proposals from bankers and looking at potential partnerships as it tries to ease liquidity pressure that’s also having knock-on effects on aircraft lessor Fly Leasing Ltd.

Airlines Are Flying Blind Into Europe’s Sunny Summer Skies

Air Freight News | June 05, 2020 | Air Cargo | Airlines

Easing travel restrictions have lured carriers back, but it’s unclear whether passengers will climb aboard

Asian Airlines Rally as American Lifts Hopes of Resumed Travel

Bloomberg | June 04, 2020 | Air Cargo | Airlines

The fledgling recovery in Asian airline stocks caught an updraft on a bullish outlook from one of the world’s largest carriers.

American Air’s 74% Jump in Flying Signals Travel on the Mend

Bloomberg | June 04, 2020 | Air Cargo | Airlines

American Airlines Group Inc. surged the most on record after the carrier said it would boost July flights 74% compared with this month, signaling that U.S. travelers freed from shelter-in-place orders are returning more quickly than expected.

Air Cargo

Bloomberg | Top Story | June 04, 2020

U.S. Airlines Object to China’s Once-a-Week Flight Limit

U.S. carriers objected to China’s plan to ease its ban on foreign airlines starting June 8 -- a course-change that came a day after the Trump administration issued its own limit on Chinese flights.

Lufthansa to Depart Germany’s DAX Benchmark After 32-Year Stay

Air Freight News | June 04, 2020 | Air Cargo | Airlines

Germany’s flag carrier is being removed from the country’s benchmark stock index for the first time since the gauge’s inception more than three decades ago, after travel restrictions aimed at stemming the coronavirus pandemic sent the stock plunging.

Air cargo down 15% between the US and foreign points, March 2020

AJOT | June 04, 2020 | Air Cargo | Freighters

U.S. and foreign airlines carried 15.2% less cargo by weight between the U.S. and foreign points in March 2020 than in March 2019, according to data filed with the Bureau of Transportation Statistics (BTS) by large air carriers.

Keeping goods moving via Frankfurt Airport: Europe’s leading cargo airport ensures delivery of vital supplies

AJOT | June 04, 2020 | Air Cargo | Airports

JFK International Air Terminal LLC downgraded to ‘BBB’ on COVID-19-related enplanement decline; outlook negative

AJOT | June 04, 2020 | Air Cargo | Airports

PayCargo integrates with IBS Software

AJOT | June 04, 2020 | Air Cargo | Technology

cargo-partner meets tight deadlines with air charters

AJOT | June 04, 2020 | Air Cargo | Charters

Lufthansa faces removal from DAX benchmark after 32 years

Bloomberg | June 04, 2020 | Air Cargo | Airlines

American Air to boost flying 74% on demand rebound

Bloomberg | June 04, 2020 | Air Cargo | Airlines

Rolls-Royce plans 3,000 UK job cuts as aviation contracts

Bloomberg | June 04, 2020 | Air Cargo | Airlines

Air Cargo

Bloomberg | Top Story | June 04, 2020

China to allow foreign airlines back after US retaliates

China will ease a ban on flights to the country by foreign airlines on June 8, changing course a day after the Trump administration demanded the nation be reopened to U.S. carriers or face curbs on its own companies flying passengers to America.

Amazon dives into weak aircraft market, leases 12 more planes

Bloomberg | June 03, 2020 | Air Cargo | Freighters

May air cargo volumes improve month-on-month but dip in final two weeks may be a cause for concern

AJOT | June 03, 2020 | Air Cargo | Freighters

Global industry data for May supports the continued small recovery of air cargo volumes but a fall in demand over the last two weeks of the month may signal more challenging times ahead as airlines return capacity to the market.

Intradco Global charters world’s largest aircraft for PPE

AJOT | June 03, 2020 | Air Cargo | Charters

Intradco Global, in collaboration with GTA GSM, has completed a significant charter operation – transporting 13,000 cartons (totalling nearly 1,000 CBM) of medical supplies and PPE on board the Antonov AN-225.

Qatar Airways to resume services to Venice and expand flights to Dublin, Milan, and Rome

AJOT | June 03, 2020 | Air Cargo | Airlines

Air Cargo

Bloomberg | Top Story | June 03, 2020

US to halt Chinese airlines’ access

The Trump administration issued an order suspending passenger flights from China-based airlines, saying it was retaliation for Beijing barring American carriers from re-entering that market, in a continued escalation of tensions between the two nations.

Air Cargo

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