Air Cargo

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

American Airlines boosts junk bond again to $2.5 billion

Bloomberg | June 24, 2020 | Air Cargo | Airlines

Lufthansa’s biggest investor to back Government bailout deal

Bloomberg | June 24, 2020 | Air Cargo | Airlines

American Air pilots want US to buy plane seats for spacing

Bloomberg | June 24, 2020 | Air Cargo | Airlines

STG Logistics reports record import air freight handling in Compton, CA

AJOT | June 24, 2020 | Air Cargo | Air Forwarders | Logistics

STG Logistics, the country’s largest provider of CFS extended services and warehouse outsourcing space solutions, recorded its largest air import month in the company’s history in May nearly tripling volume from February when the pandemic was sweeping across Asia and Europe driving factory closures and flight cancellations.

Air Cargo

AJOT | Top Story | June 24, 2020

CBP San Juan seizes 560 sets of counterfeit Apple AirPods

U.S. Customs and Border Protection (CBP) San Juan Field Operations announced Thursday the seizure of 560 sets of fake Apple AirPods imported into Puerto Rico from Hong Kong via air courier. Had these goods been genuine, the estimated manufacturer suggested retail price (MSRP) of the seized goods would have been an approximately $111,440.

Digital innovation supports aviation partnerships and post COVID-19 industry recovery

AJOT | June 24, 2020 | Air Cargo | Airlines

American Airlines mulls boosting junk bond deal to $2 billion

Bloomberg | June 24, 2020 | Air Cargo | Airlines

American Air pilots want US to buy plane seats for distancing

Bloomberg | June 24, 2020 | Air Cargo | Airlines

Aviation wants to use world’s greenest stimulus to cut emissions

Bloomberg | June 24, 2020 | Air Cargo | Technology

Britain edges toward easing quarantine rule with air-bridge plan

Bloomberg | June 24, 2020 | Air Cargo | Airports | Intermodal

Swissport to cut 4,500 Jobs in UK, Ireland on air travel slump

Bloomberg | June 24, 2020 | Air Cargo | Airports

Flyers hiding Covid infection show risk of reopening borders

Bloomberg | June 24, 2020 | Air Cargo | Airports

People infected with coronavirus were allowed to board aircraft and travel to Hong Kong in recent days, highlighting the challenge of controlling the pandemic while governments seek the safest ways to reopen borders.

EasyJet lawsuit over data breach attracts 10,000 passengers

Bloomberg | June 24, 2020 | Air Cargo | Airlines

South Africa willing to cede control of airline to lure investors

Bloomberg | June 24, 2020 | Air Cargo | Airlines

Iceland is getting another new airline

Bloomberg | June 24, 2020 | Air Cargo | Airlines

Airlines may be struggling to survive the industry’s worst-ever downturn, but investors in Iceland reckon the time is ripe to launch a brand new carrier.