Airlines to lose $48B despite banner year for cargo
Cargo has been the airline industry’s all-star performer since the pandemic began. Profits are soaring, but it’s not enough to overcome huge losses from the travel side.
Cargo has been the airline industry’s all-star performer since the pandemic began. Profits are soaring, but it’s not enough to overcome huge losses from the travel side.
Silkways West Airlines is a large cargo operator out of Azerbaijan. It recently began flying to Columbus, Ohio.
Not X-men. Xwing. But it’s cool too if you like planes that fly by themselves.
One more quarter taking its pandemic lumps and then Delta says it will steer out of the COVID vortex and start making more money than it loses.
The Big Twin is the nickname for the Boeing 777 passenger-to-freighter conversion aircraft. It’s big, has two engines and is getting ready for metal cutting.
A giant Russian cargo jet was utilized to bring a special piece of machinery for bottling vaccines from Germany to a new manufacturing plant in the U.S. The equipment could help with the global effort to distribute COVID vaccines.
Fuel was a nonfactor for airlines and cargo customers during the early months of COVID. Not anymore.
DHL Express has added two large freighters to its fleet to bolster service between the Asia-Pacific and the U.S. and Europe, in response to “exponential” growth in shipment volume. The […]
Air cargo carriers can barely keep up with demand. International passenger airlines are desperate for more traffic. But the two segments are inextricably linked, for better or worse.
Gloom and doom could soon turn to sunny skies for U.S. airlines. It’s another story for international carriers, but everyone is managing heavy debt loads from COVID. Carriers will be more selective about what routes they fly in the future.
Pilots at Western Global Airlines are unionizing.
The air cargo industry quickly pulled together to deliver critical COVID vaccines and PPE last year. The same type of teamwork can be applied to other social needs, such as the environment and diversity, air cargo leaders say.
The A380 has mostly been a bust as a giant passenger plane. Now Airbus is trying to salvage some value by offering to convert passenger planes into full-time cargo planes. But there’s a twist. Passengers will still ride along on the top deck. Will airlines buy in?
Amazon Air has hired Canadian all-cargo carrier Cargojet to provide crews, maintenance and insurance for two aircraft it plans to use to move e-commerce parcels.
ASL Airlines United Kingdom on Monday flew its first cargo flight with an ATR 72-200 turboprop freighter. It is the first carrier to receive an air operator certificate from the […]
Ghost flights — passenger aircraft with no passengers, only cargo — were never a thing before the coronavirus pandemic. In the past year, airlines have operated thousands of passenger aircraft as mini-freighters. Who are the industry leaders?
Welcome aboard, freight customers. You’re now flying CMA CGM to the U.S. East Coast instead of taking a container ship.
Air Transport Services Group is riding the e-commerce wave. It’s expanding its fleet to meet demand from Amazon and other customers.
Digital transactions are necessary as air cargo volumes grow, but setting up those IT links can be tedious. The International Air Transport Association has a new tool to make that process much easier.
USA Jet Airlines, a small cargo operator, is converting old MD-88s into freighters. Airlines gave up on this plane, so why is anyone investing to reuse these aircraft?
One of the Kalitta cargo companies is trying to stop a small Mexican airline from providing cross-border service between Mexico and the U.S., a market that it serves too. It doesn’t want free trade in transport services because it might cut into its business.
Chicago Rockford and Cologne Bonn airports operate under the shadow of Chicago O’Hare and Frankfurt airports. But they are rising stars in the cargo arena and have decided to pool their resources.
Here’s a look into why a shipper would choose sea freight over airfreight.
Edmonton International Airport is investing in more cargo capacity to support e-commerce and other industries that increasingly are seeking air transport.
Retailers are stuck between playing the waiting game and risking delays that wreck quarterly results or ponying up and taking to the skies. The goods will arrive quickly, but at what cost?
E-commerce is the growth engine for air cargo. It’s why DHL Express just added a new air/parcel hub in Milan, Italy.
E-commerce is like a monster that can’t be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first time. Now it has bought a piece of a cargo airline.
Rockford International Airport is fast becoming an air cargo hub. Amazon and UPS have big operations there, and construction is underway to increase capacity for freighters and storage for new customers.
On this episode of Midday Market Update, Kevin Hill and Michael Vincent discuss lingering port congestion and how delays are driving a hot air cargo market.
Boeing 767s are coveted by all-cargo carriers. LATAM Airlines is doing an in-house swap of passenger planes to its cargo division, which will send them to Boeing to convert into freighters.
DHL Aviation is turning over every stone to find economical capacity to haul packages for DHL’s express unit. The latest moves involve a travel airline flying parcels instead of passengers and a new Airbus converted freighter that few others have.
Rickenbacker Airport near Columbus, Ohio, is named after World War I ace Eddie Rickenbacker. The airport is a regional hero, supporting more than 15,000 jobs, with a $2.5 billion annual economic impact.
United Airlines took down its Boeing 777-200s with the type of engine that disintegrated on takeoff from Denver last weekend. Now the impact is becoming more clear for cargo customers.
Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.
Container shipping line CMA CGM wants to be an airline too. Its new air cargo unit has identified Chicago as its first destination and is giving preferential space on its aircraft to subsidiary CEVA Logistics.
Passenger airlines have treated cargo as an afterthought. The pandemic is making them realize the benefit of a diversified revenue stream.
Emir Pineda, the Miami-Dade Aviation Department’s manager for aviation and trade logistics, explains why Miami International Airport reached a record cargo level last year and how it is a key distribution point for COVID vaccines.
2002: “It’s a myth that we are out of land,” said Jim Larson of the NY/NJ Port Authority, discussing the airport’s cargo possibilities.
Kuehne + Nagel is the second-largest logistics services provider in the world. It just got bigger, swallowing up Hong Kong’s Apex International.
Brussels Airport may be the busiest airport when it comes to moving coronavirus vaccines by air.
Peloton is riding a wave for the history books right now. It has grown revenues by triple digits year-over-year for three consecutive quarters while building one of the most recognizable brands in not just fitness, but all consumer segments. If it should continue this meteoric rise, it must sort its supply chain issues before either the vaccines or competition prematurely puts out its flame.
You’ve probably flown in a Boeing 737-800, a next-generation variant of this popular 737, but when they are put to pasture they become valuable assets for all-cargo airlines. ASL Airlines in Europe is snapping some up and converting them to freighters.
Amazon is an e-commerce rocket ship. Making those deliveries possible is Amazon Air, which is growing so fast it could make it possible for more people to receive orders within a day.
The U.N. and World Health Organization are working hard to make sure less-developed countries get their fair share as more vaccine supplies become available. Transportation and logistics is a big part of their organizing effort.
A quickly changing retail landscape has sparked interest in more innovative shipping models, including bypassing domestic warehousing with direct-from-origin options.
The logistics of getting flowers from warm growing climates to people’s doorsteps is complex. Airlines play a big role.
The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides.
Ocean carriers as airlines? No one thought an online retailer would own a private airline until Amazon did it. The ocean carrier also owns a logistics company. You connect the dots.
Join FreightWaves for a virtual event with experts from the air cargo and manufacturing sectors. Learn how their companies are adapting to the new business landscape caused by the coronavirus.
All Nippon Airways is consolidating freighter operations at one of its Tokyo airports, and only relying on passenger planes to deliver cargo to Okinawa to save money after losing a lot of money in the first three quarters of its fiscal year.
Aerospace engineering firms are busy converting passenger planes to pure freighters.
We haven’t heard many airlines recently culling their cabins of seats, but Kenya Airways is now the first to do so with a Boeing 787.
Pharmaceutical companies often get nervous that carelessness by a transportation provider will spoil a shipment of COVID vaccines or other medicines. Airfreight experts say data sharing and teamwork can eliminate most glitches.
What suggestions would you give new Transportation Secretary Pete Buttigieg? Our reporters share theirs in this FreightWaves roundtable.
Uncertain vaccine rollouts and mutant COVID-19 strains are messing up airline industry hopes for a second-half recovery this year. At best, traffic will be half that of 2019. But, at least, airlines can count on cargo shipments.
“It’s been really easy to get the band back together,” says CEO Jason Provonsha.
Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.
Cargojet is riding the e-commerce wave and to grow business even more it sold shares so it can buy more big cargo planes.
Hong Kong has some of the most rigid COVID-19 health measures and travel restrictions in the world. New rules targeted at home-based crews are impacting operations at Cathay Pacific and FedEx, where pilots are also griping about the lack of good air conditioning when overnighting in China.
Alaska Airlines’ parent company is one of the better managed airlines in the industry. Its financial results during a pandemic year show why.
WebCargo has landed a big boy in the cargo world. Qatar Airways will sell space to shippers through the third-party platform.
Airlines are heavily in the red and a big shrink in passenger revenue last year is to blame. The International Civil Aviation Organization quantifies the results and gives its outlook for 2021.
United has made cargo a priority during the pandemic. The number of passenger cargo flights it operates is evidence of that.
Delta Air Lines is bringing in new blood and hiring from within as it works through the impact of the coronavirus pandemic.
Delta’s downsizing helped it contain costs during an extremely challenging pandemic year. On Thursday, it reported a fourth-quarter loss before taxes of $2.1 billion.
Amazon is the bogeyman for many people. Freight forwarders say if they have to screen cargo to get it on all-cargo planes then electronic retailers like Amazon should too. They see a double standard in the making by the Transportation Security Administration.
A new type of air cargo plane is entering the market to much fanfare. The Airbus A321 has many capabilities. Titan Airways is getting the second freighter ever produced.
Schiphol Airport is moving its commercial cargo unit under the airline operations division in an effort to streamline functions and benefit users.
Airlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to help the industry survive the […]
The airfreight sector is nursing itself back to health and should be discharged from intensive care by April. Find out why.
The Boeing 777 is highly prized for its cargo capability, whether it’s in passenger or cargo configuration. Three airlines are adding freighters to their fleets, which is welcome news to companies trying to book cargo space when there aren’t enough aircraft flying.
An aircraft’s life span is measured not in years but in pressurization cycles.
Disruptions in one corner of the world can impact operations at home. With the turbulence of 2020 hopefully behind us, Global Supply Chain Week will examine where the dust has settled and share lessons on reacting to the enormous disruptions of the previous year.
Air cargo flight frequency begins to bounce back in the second half of 2020, exceeding 2019’s airline cargo monthly volumes.
1971: Security at Miami International Airport will be increased with a move aimed at protecting precious cargo as well as travelers.
Digital marketplaces are becoming more popular in the air cargo world. Investors like what they see at cargo.one and poured $42 million into the company.
Michael Vincent and Kevin Hill bring you today’s headlines, an update on vaccine movement across the US, and how the vaccine will stress the air cargo market.
Delta joins the caravan of airlines moving COVID vaccines. Air Canada gets ready.
DASH wants to land the package, not the plane.
FedEx is renewing its regional fleet with a cargo-friendly turboprop from ATR.
Nobody likes a line cutter, but when it comes to the rush delivery of COVID-19 vaccines, the Federal Aviation Administration is making an exception.
The more dry ice used to cool a pharmaceutical shipment, the less product that can be carried on a plane. That’s because dry ice is poisonous when it turns to gas. The FAA issued guidelines to help airlines manage the dry ice risk.
Bob McGhee of AIT Worldwide Logistics detailed the meticulous process behind military shipping. He also expects tight air and ocean capacity will continue well into next year.
Express carriers like DHL are getting slammed with e-commerce shipments as the holidays approach, and transportation contractors like Cargojet are throwing resources into the response.
Retrofitting a passenger plane to operate as a heavy cargo plane is a big engineering job that requires many new parts and disposal of old ones. Logistics giant Kuehne + Nagel says it can reduce inventory and transportation costs to make conversions more economical.
Preparing for the massive global distribution of COVID vaccines for airlines is the equivalent of the military massing for an invasion. Here’s how United, American and Delta airlines are getting ready.
Delta Airlines named a new cargo boss on Monday, moving Shawn Cole to an upper management position in sales.
Freighter demand is on the rise — here’s a look at why.
1975: C-5 cargo plane carries 6 marine containers from Nashville to Oakland.
UPS and a Russian all-cargo airline collaborated to move the first shipment of a Chinese-made COVID-19 vaccine.
Delta is having problems processing cargo in Chicago and placed an embargo on new shipments for more than a week.
A couple of South Florida air charter companies hoped to fly care packages to Cuba, but the U.S. State Department and some cargo rivals opposed their effort for different reasons.
There will be more than 2,400 extra all-cargo aircraft in circulation by 2040 to support growth in global trade and e-commerce, Boeing says.
Five air cargo sustainability trends for 2021.
There are too many airlines in Korea’s domestic market to survive, so the government engineered a merger between Korean Air and Asiana.
From IATA to TIACA. That’s a lot of alphabet soup for new CEO Glyn Hughes to digest, but by all accounts he’s up to the task.
The A380 isn’t prized for its cargo capability, but when operated in “ghost” mode there’s a lot more room for stuff.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
Amazon has ambitions to expand its air network internationally, and now has its own airport sort center in Europe.
The TSA is doing a better job partnering with airfreight companies on security, but better training and technology are needed to meet future security obligations.