Delta faces ‘staggering’ Q2 loss in face of COVID-19
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
Airlines are leaning heavily on governments for support until they can get back on their feet once the COVID crisis subsides. Next up: KLM.
The FAA’s ruling allowing airlines to jam more cargo in the cabin by removing passenger seats may be a pyrrhic victory. The incentive to do so may have passed.
Forward Air is expanding again. The company plans to offer traditional less-than-truckload service for the first time.
Matthew Waller will receive the Distinguished Service Award during EDGE 2020 Live!
The air cargo market is getting closer to equilibrium, but the coronavirus is a wild card that could disrupt economic activity and put a premium on air transport again.
Pilots don’t want to fly to Hong Kong because of mandatory crew tests for coronavirus. Some airlines have hit the pause button on flights to avoid crews getting trapped in long quarantines.
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
When it comes to airports and cargo, bigger isn’t always better. Shippers are finding the benefits of airports that fly under the radar.
Russian airline Volga-Dnepr, whose planes are commonly associated with transporting heavy equipment, spent the past three months ferrying tons of medical supplies from China to France to combat COVID-19.
Amazon uses a lot of energy and emits a lot of pollution, but it is taking aggressive steps to be eco-friendly. Case in point: Amazon Air buying biofuel for its aircraft.
Lufthansa Airlines is transforming itself into a smaller airline, while its Cargo division settles on a single company to manage its central warehouse.
Global courier DHL Express parks its first mobile store at a mall in Silver Spring, Maryland, banking on offering convenience to area parcel shippers.
American Airlines is downsizing. That means the new cargo president and her team are taking on expanded roles.
Air Transport International will operate a big cargo plane for an express carrier in the Pacific region on a route in and out of Hong Kong.
The Australian government threw a logistics lifeline to exporters having trouble securing air transport to international markets. Hundreds of companies have grabbed on during a tight market. Now, more relief is on the way.
The air freight market appears saner in recent weeks, with less competition among shippers for transport services. But the shape of the recovery is anyone’s guess and a possible demand spike for face masks and surgical gowns could create a hyper-market again.
A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.
Airlines are sweating the coronavirus pandemic despite the recent upturn in travel. El Al says it might fail and Aeromexico went the bankruptcy route.
Cargo flights from Vietnam to the U.S. were rare until COVID and the need for speed for supplies to quell the outbreak. It’s a long trip, but it can make economic sense now to make that flight without a stopover.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
Glass half empty – cargo business and finances are bad for the airlines. Glass half full – they’re not as bad as they were two months ago.
German express carrier considers aircraft fuel, cleanliness and flight path for July 1 “perfect flight.”
O’Hare Airport in Chicago is facing cargo congestion and now Delta Air Lines is not accepting any more cargo at its facility until further notice.
Lufthansa is too big to fail in Germany. Now it has a bailout.
United Airlines and Delta are dipping their toes back into the China market. But with COVID-19 and political tensions rising it won’t be a surprise if they are stopped again.
Big cargo planes are dumping cargo faster than O’Hare, LAX and other airports can process it. That could mean a longer wait for your new favorite gadget.
New DHL Express facility will benefit shippers across southern Germany with European and international freight deliveries.
“Freedom of the Skies” is tempered by landing slots at airports, which are controlled by the governments the airports are in. In the high-stakes world of air cargo, landing slots are very valuable. Learn more in Darren Prokop’s commentary.
DHL Express continues to adjust its airline network amid changing shipper needs in the COVID era.
Face shields, gloves and hand sanitizer were yesterday’s hot airfreight product. Now the cool shipments that people need right away are yoga pants, bikes and hot tubs.
The global air cargo carrier has tasked Israel Aerospace Industries with converting the planes to all-cargo configuration.
SavantX is moving some of its operations to New Mexico and opening a research center focused on quantum solutions for industries such as trucking and aviation.
Chapman Freeborn buys Arcus Air Logistics, a longtime provider of ad-hoc charters and on-board courier services to the European automotive industry.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
The U.S. Department of Transportation says it won’t entertain requests from Chinese airlines to operate more flights beyond the current cap.
Personal protective equipment is moving by ocean, so FEMA doesn’t need to charter expensive freighter aircraft anymore to get the stuff to healthcare workers.
Improper loading of cargo led to a weight and balance issue on a passenger plane, investigators found.
Some small and mid-size airlines are filing for bankruptcy, or going out of business. Lufthansa is a major airline and it too is on the ropes.
LATAM Airlines Argentina is closing, but the move won’t impact international travel.
The FAA chief was on the hot seat during a Senate hearing Wednesday looking into reforming the certification process for new aircraft after the 737 MAX grounding.
The U.S. Senate is proposing fixes for the FAA certification of new aircraft. It’s an issue after the Boeing 737 MAX was grounded.
Winter is a cold period for airlines’ bottom lines. Throw in COVID-19 challenges and airlines face a difficult road to next year. That is why they are knocking on doors for help.
The U.S. is loosening restrictions on flights by Chinese airlines after China partially reopened its aviation market to U.S. carriers.
Deuce Drone, a new developer of aerial drone delivery systems, has a talented team, but its biggest hurdles will be established competitors, federal regulations, and customer appreciation for the technology.
It’s a turbulent period in Europe for the aviation industry. Regional travel is reopening in the EU, but the UK has tightened travel restrictions and airlines are struggling to stay in business without government assistance.
Logistics services provider is optimistic about African continent’s global freight potential, despite economic setbacks from COVID-19 pandemic.
American Airlines Cargo has not slowed implementation of the IBS Software iCargo platform since last October, despite the upheaval from the COVID-19 pandemic.
It’s still a seller’s market in airfreight, but rates are finally moderating.
Air cargo and cross-border trade could be unintended victims of the dispute between the U.S. and China over access by their respective passenger airlines.
Rearview-looking government data confirms the stress for-hire transportation providers experienced in April. New cycle lows have built a foundation for recovery barring a pronounced second wave of coronavirus cases.
The platform moves toward customization based on job function.
Boeing’s stop-work order to its fuselage supplier has a lot to do with COVID-19 and the state of the airline industry.
U.S. safety investigators will hold a hearing in July as they try to find out why a big cargo jet carrying Amazon packages crashed last year.
Governments are taking equity stakes in airlines or putting conditions on them for aid. Cathay Pacific, a big passenger-cargo combination carrier, and Austrian Airlines are two of the latest to get a helping hand.
UPS didn’t need its weekly traffic rights on a key Asian route, so it turned them in. Two other airlines immediately pounced and were granted the routes by the U.S. government.
Airlines continue to send out SOS distress signals. The industry’s main trade association says profit margins will drop 20% this year, but the increased reliance on air cargo is helping companies stay alive and keep employees.
Passenger planes are flying empty. Are there ghosts? It sounds kind of creepy. No need to worry. Airlines are simply putting their assets to use with cargo as their primary customer.
Airlines are looking at a multiyear road to parity with 2019, but bookings have given them confidence to start opening up networks closed by the coronavirus.
Amazon Air has gone from start-up to mid-size cargo airline in four years. By mid-decade, it is expected to be in air cargo’s major leagues.
For aircraft lessor GECAS, the “Big Twin” doesn’t refer to a large person. It’s a big twin-engine passenger plane that’s being turned into a cargo plane.
Third-party logistics services providers involved in international trade remain concerned about how their businesses will remerge post-COVID-19. They are addressing tough questions about what it will take in terms of staff, systems and office space to operate a successful company.
Amazon’s growth is relentless. It’s more than package trucks and online selections. Now it’s expanding its airline to more than 80 aircraft.
The airfreight market is a volatile conundrum. Overall, demand is down. But with few planes flying these days and everyone wanting a face mask, good luck finding affordable space for your shipment of auto parts or seafood.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
The U.S. has plenty of diesel in inventory, and jet demand is not likely to snap back until next year, according to Energy Aspects.
Mass layoffs can help a company survive the coronavirus recession for the time being, but the damage will hurt its long-term prospects, United CEO Scott Kirby says.
“Our forte is turning freight from plane to truck and getting it on the road to its end user quickly,” said Bryan Schreiber of Columbus Regional Airport Authority (CRAA).
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
The U.S. government’s emergency aid package was only a Band-Aid for protecting jobs. Airlines promised not to have involuntary layoffs for six months, but now American Airlines is paving the way for mass layoffs.
Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the German carrier before allowing the deal to go through.
United Airlines’ new CEO is putting his stamp on the company right away with a new tteam to steer the company through the coronavirus pandemic and beyond.
The coronavirus isn’t slowing down UPS Airlines. It’s continuing with a major fleet expansion and new routes because of e-commerce trends.
For specialized industries such as health care and aerospace, the stakes of supply chain interruptions and service failures have never been higher.
“Crew changes cannot be postponed indefinitely,” warned the world’s largest maritime and air transport organizations.
Airlines like Air Canada are raising private capital through various means, while also seeking emergency government assistance.
The Canadian government shifts from planes to ships to import larger volumes of personal protective equipment and other medical supplies for COVID-19 pandemic.
Airlines are in a no-win situation. They need money now to keep from going under but know that debt payments will make it more difficult to make ends meet in the years to come.
LATAM Airlines is looking for protection from creditors as it downsizes, something that all airlines are trying to figure out how to do in the face of a pandemic that has wiped out travel demand.
Lufthansa will temporarily become a German-state owned company again with a pending plan to give the airline billions of dollars in emergency aid to withstand the fallout from the coronavirus.
(Updated May 25, 2020, 8:10 P.M. ET, with news about Emirates.) Air France-KLM Group (FP: AF) said it has permanently eliminated double-deck Airbus A380 aircraft from its fleet, joining other […]
One of the big innovations for passenger airlines during the coronavirus era is using their planes as dedicated cargo haulers. Cargo 2.0 was putting boxes in storage bins and other seats. Cargo 3.0 is cargo on seats.
At least two governments, Australia and New Zealand, are helping to correct distortions in the airfreight market.
The word of the day: deep clean. Except for picking up trash, cleaning airplanes before the coronavirus happened mostly after a long day of flying. Now cleanliness is a top priority. Planes and terminals are being cleaned throughout the day, and much more thoroughly.
Airline watchers need to pump the brakes on optimism for an industry recovery just because some preliminary figures show an uptick in bookings and fewer cancellations, says Delta’s CFO.
Airbus expands manufacturing capability in the U.S. with a new assembly line.
Supply chain management solutions provider project44 said it has shippers covered no matter where and how their cargo is transported throughout the world.
Airlines know 2020 will be financially bleak but are seeing some green shoots of customer activity as encouraging.
Face masks and other personal protective equipment are worth their weight in gold these days, and German authorities are protecting shipments accordingly. Lufthansa Airlines (FWB: LHA) on Monday opened a […]
Israel’s flagship carrier El Al is struggling to hold on financially during the COVID-19 pandemic and is looking to the government for a lifeline.
Korean Air is the latest airline to get government aid and raise capital to increase its cash position.
Airlines need to reassure customers that airplanes are safe from coronavirus to win back their business. Enter Boeing, with its Confident Travel Initiative to help them develop best practices for doing that.
Shanghai Pudong Airport is getting crushed by heavy cargo volumes. Add to the mix a lot of red tape for export clearance and shipments are experiencing long delays and missed flights.
Delta Air Lines is bidding adieu to the 777. The airline will be smaller for the next few years, so it doesn’t need its big 777 jets anymore. (Photo: Delta)
“We remain committed to achieving our aggressive climate and sustainability goals,” said Nancy Young, Airlines for America’s vice president of environmental affairs.
Most crops don’t grow without seeds. But how are seeds for commercial farming transported? Darren Prokop explores this topic.
International aviation authorities and health experts are trying to create public health corridors in the sky through the application of multi-layers of sanitary and hygiene standards.
A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy […]
Drone technology provider to UPS Flight Forward aims for unmanned aircraft systems certification from the U.S. Federal Aviation Administration.