Air Cargo

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

Berlin’s cold war-era Tegel Airport to close next month

Bloomberg | May 20, 2020 | Air Cargo | Airports | Intermodal

What you need to know about how airline miles are changing

Bloomberg | May 20, 2020 | Air Cargo | Airlines | Intermodal

Norwegian Air Drops 60% as Reality Sinks In for Shareholders

Bloomberg | May 20, 2020 | Air Cargo | Airlines

Norwegian Air Shuttle ASA dropped as much as 60% after completing a recapitalization that hands control of the company to aircraft lessors and bondholders.

Lufthansa Warns of Urgent Need for Bailout as Talks Drag On

Bloomberg | May 20, 2020 | Air Cargo | Airlines

Deutsche Lufthansa AG’s management said the need for a multibillion-euro coronavirus bailout was becoming “urgent” as talks with the government in Berlin drag on.

U.S. Airlines Show Signs of Life After April Travel Collapse

Air Freight News | May 19, 2020 | Air Cargo | Airlines

U.S. airlines reported signs that travel demand is perking up, suggesting the beginnings of a rebound from an unprecedented collapse because of the coronavirus pandemic.

Mnuchin Says United Complying With Virus Law Despite Layoffs

Bloomberg | May 19, 2020 | Air Cargo | Airlines

United Airlines Holdings Inc. is complying with the law as it takes $4.95 billion in federal aid yet still plans to lay off thousands workers later in the year, according to Treasury Secretary Steven Mnuchin.

FAA Outlines Reforms Planned After Boeing 737 Max Missteps

Bloomberg | May 19, 2020 | Air Cargo | Airlines

The Federal Aviation Administration released multiple steps it plans to take to change how it reviews aircraft designs, a process that was criticized after two fatal crashes on Boeing Co.’s 737 Max.

Rare U.A.E.-to-Israel Flight Carries Virus Aid for Palestinians

Bloomberg | May 19, 2020 | Air Cargo | Freighters

A rare flight from the United Arab Emirates is expected to arrive in Israel on Tuesday evening, carrying medical equipment to help Palestinians fight the coronavirus pandemic.

Wen-Parker Logistics brings new freighter flights direct from Vietnam to Rickenbacker Airport

AJOT | May 19, 2020 | Air Cargo | Air Forwarders

Aeroterm announces grand opening of on-airport cargo facility at Sacramento International Airport

AJOT | May 19, 2020 | Air Cargo | Airports

Aeroterm, a leading owner and developer of on-airport cargo facilities, announced today the completion of a new Class A, 40,500 square foot facility at Sacramento International Airport (SMF). The facility is fully leased and will now transition to cargo operations.

U.S. Sanctions Chinese Company Connected to Iranian Airline

Bloomberg | May 19, 2020 | Air Cargo | Air Forwarders

FIS Air Freight Report May 18, 2020

AJOT | May 19, 2020 | Air Cargo | General

China to Europe gets some support, up 59 cents almost entirely off of the back of a support rate out of Shanghai, up $1.20.

Thai Airways to Seek Restructuring Under Bankruptcy Law

Bloomberg | May 19, 2020 | Air Cargo | Airlines

State-controlled Thai Airways International Pcl will seek a restructuring under Thailand’s bankruptcy law after tourism and travel collapsed because of the novel coronavirus pandemic.

U.K. Air-Corridors Plan Could Limit Impact of Covid Quarantine

Bloomberg | May 19, 2020 | Air Cargo | Airports

London’s Heathrow airport is working with the U.K. government on a plan that would allow people flying in from countries with a low incidence of the coronavirus to avoid controversial quarantine restrictions.

Delta to Pull Some Older Jets From NYC by Thinning 717 Fleet

Bloomberg | May 18, 2020 | Air Cargo | Airlines

Delta Air Lines Inc. will pare its fleet of Boeing Co. 717 jets by at least half over the next year, continuing to cull older, more costly planes amid the collapse in demand caused by the coronavirus pandemic.

Volga-Dnepr Airlines delivers 48 sterilisation trucks to Dubai

AJOT | May 18, 2020 | Air Cargo | Freighters

The special flights delivered the trucks fr om Shanghai to Dubai for final destination Abu Dhabi, wh ere the vehicles will be used for a “National Disinfection Programme” in preventative action against COVID-19.

Air Cargo

Bloomberg | Top Story | May 18, 2020

FedEx, Microsoft Join Forces Against Amazon for Package Shipping

FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon.com Inc.

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