Coverage of air cargo related news including freight forwarders, airlines, airports and more
Bloomberg | June 09, 2020 | Air Cargo | Airlines
Bloomberg | June 09, 2020 | Air Cargo | Airports | Intermodal
Bloomberg | June 09, 2020 | Air Cargo | Airlines | Intermodal
AJOT | June 09, 2020 | Air Cargo | Freighters
China to Europe begins its slide in line with China to USA, as prices rout, down $1.52 on the week. China to USA now sits at $5.75, akin to price levels you might expect from a particularly high Q4 peak season rather than early June.
Bloomberg | June 09, 2020 | Air Cargo | Airports
Bloomberg | June 08, 2020 | Air Cargo | Airlines
Bloomberg | June 08, 2020 | Air Cargo | Freighters
AJOT | June 08, 2020 | Air Cargo | Freighters
AJOT | June 08, 2020 | Air Cargo | Airports
Austria has agreed to provide support worth 450 million euros ($508 million) to Deutsche Lufthansa AG’s division in the country, according to people familiar with the matter.
Bloomberg | June 08, 2020 | Air Cargo | Airports
London Heathrow airport said it may need to cut one-third of its workforce if the U.K. government doesn’t indicate soon that it plans to relax a quarantine rule for incoming passengers.
Bloomberg | June 07, 2020 | Air Cargo | Airports
Bloomberg | June 07, 2020 | Air Cargo | Airlines
Emirates has extended 50% salary cuts until September as the Dubai-based carrier steps up measures to preserve cash, according to an internal memo.
Bloomberg | June 06, 2020 | Air Cargo | Airlines
British Airways warned its pilots union that it would dismiss all of the company’s 4,300 pilots and rehire them on individual contracts unless the union reached an agreement with the carrier.
AJOT | June 05, 2020 | Air Cargo | Air Forwarders
Rhenus Logistics leads the trend in this new logistical reality during COVID-19. Rhenus has transported millions of pieces of personal protective equipment (PPE) to the Americas due to limited airlift.
Bloomberg | June 05, 2020 | Air Cargo | Airlines
British Airways is considering a legal challenge to block the U.K.’s quarantine plan, a day after the carrier skipped a meeting with the government to discuss the measures in protest at a lack of consultation.
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.
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