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Passenger Airlines Morph Into Cargo Carriers
Friday, March 27, 2020 - 9:20am | 2030Read More...More passenger airlines are helping fill the severe shortage in freight capacity by turning their aircraft into cargo-only airplanes to haul critical medical supplies, foodstuffs and other economically essential goods. The rapid implosion of air travel as countries closed borders to contain the...
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Countries Cut Red Tape To Speed Up Cargo Relief Flights
Monday, March 23, 2020 - 1:53pm | 652Read More...Passenger and all-cargo airlines are welcoming the relaxation of non-safety related regulatory requirements by aviation authorities, which they say makes it easier to quickly launch flights carrying medical relief supplies or repatriated nationals stranded overseas by new coronavirus travel bans....
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Dachser Expanding Shanghai Airfreight Service In "Volatile" Coronavirus Times
Thursday, March 12, 2020 - 4:36pm | 259Read More...Beginning Monday,Dachser Air & Sea Logistics will offer an air bridge among the United States, Latin America and its airfreight gateway in Frankfurt, Germany, for deliveries to Shanghai. The charter flight rotation initially is scheduled to operate through the end of March. Dachser, the...
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Airfreight Market May Be Turning Corner As Rates Climb
Friday, March 6, 2020 - 11:55am | 659Read More...The air cargo market took an expected dip in January, then plunged in February as demand from China dried up due to the coronavirus and is now beginning to rebound on certain lanes, according to the latest data from multiple sources. How the dynamic market is viewed will depend on where one sits....
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As Airlines Cut Flights And Companies Cancel Events, Transportation Sector Hit Once Again
Friday, March 6, 2020 - 10:02am | 2078Read More...It’s an old adage that investors don’t like uncertainty. When California declares a state of emergency and the coronavirus spreads in other states, that definitely makes things feel uncertain and helps explain Thursday’s market plunge. It was another ugly, ugly day that stripped...
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IATA: Coronavirus Impact On Airlines Could Reach $113 Billion
Thursday, March 5, 2020 - 2:07pm | 692Read More...The International Air Transport Association now predicts the coronavirus will cause a much bigger loss in revenues for commercial airlines this year. IATA expects total revenue losses between $63 billion and $113 billion depending on the spread of the virus. The losses are much larger than the $30...
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ATSG Gains In Q4 On Strength Of E-Commerce, Military Customers
Wednesday, March 4, 2020 - 10:05am | 775Read More...Air Transport Services Group (NASDAQ: ATSG) reported fourth-quarter adjusted pretax earnings increased $28.1 million, or 29%, to $124.3 million, ahead of analysts' expectations, on the strength of its aircraft leasing and contract air transport divisions. ATSG's fourth-quarter revenue topped $403...
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China Cargo Flows Rapidly Return To Pre-Coronavirus Levels
Tuesday, March 3, 2020 - 4:00pm | 1236Read More...Finally, some good news about the coronavirus and global supply chains: Cargo volumes and ship calls have swiftly rebounded at Chinese ports, confirming that the cogs of global trade are grinding back into motion. The caveat is that this was to be expected as Chinese port workers and truckers...
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IATA Postpones World Cargo Symposium As Registrants Withdraw Over Coronavirus
Tuesday, March 3, 2020 - 2:01pm | 491Read More...The International Air Transport Association (IATA) announced Tuesday that it is postponing its World Cargo Symposium, scheduled for March 10-12 in Istanbul because of risk from the coronavirus. The news follows the cancellation of another major freight transportation conference, IHS Markit's TPM...
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Tech Investments Improve Delta Cargo's Business – #FWLive
Tuesday, March 3, 2020 - 12:07pm | 196Read More...Take a FreightWaves Flashback to #FWLive Chicago 2019 where Eric Wilson, managing director of global cargo sales for Delta Air Lines Inc. (NYSE: DAL), conducts this session on how tech helped improve Delta's efficiency in serving both passengers and cargo. Optimization and data utilization are...
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California Sues To Stop Big Cargo Expansion At San Bernardino Airport
Tuesday, March 3, 2020 - 10:08am | 1705Read More...The state of California is asking a federal appeals court to block a huge air cargo facility at San Bernardino International Airport, saying the Federal Aviation Administration and the airport authority short-circuited the air quality review to speed the project's approval. Developer Hillwood...
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Airlines Request Slot Leniency From Airports To Deal With Coronavirus
Monday, March 2, 2020 - 5:22pm | 1070Read More...Amid a worldwide slump in passenger and cargo traffic due to the fast-spreading novel coronavirus, airlines are asking airport authorities to suspend rules governing the use of takeoff and landing slots as they cut back flight schedules. Under slot allocation rules at more than 200 airports...
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AEI To Convert 737s For African All-Cargo Carrier
Monday, March 2, 2020 - 1:36pm | 318Read More...Allied Air in Nigeria will nearly double its fleet size with the addition of up to four Boeing 737-800 converted freighters. Aeronautical Engineers Inc. (AEI) of Miami, Florida, announced on March 2 that Allied Air has ordered two passenger-to-freighter conversions with options for two other jobs...
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Coronavirus Hits Come Fast For Aviation Sector
Monday, March 2, 2020 - 11:41am | 631Read More...The airline industry is becoming a leading indicator of the global economic contraction now projected for the first quarter, and possibly for the full year, as the new coronavirus escapes containment efforts in China. German companies seem particularly aggressive in trying to cut expenses in line...
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Coronavirus Forces Lufthansa To Take Down More Flights
Friday, February 28, 2020 - 3:57pm | 254Read More...Deutsche Lufthansa AG (OTCMKTS: DLAKY) is moving rapidly to reduce costs and preserve cash flow as the coronavirus outbreak widens to more countries. Three days after announcing a series of expense reductions, Lufthansa on Friday said group companies would reduce short-haul operations by up to 25...
















