COVID-19 Pandemic drops 2020 household spending on transportation by nearly 14%
Financial losses for the global airline industry were sequentially smaller in the second quarter
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.
U.S. passenger travel seems capped at about 70% of last year’s level until there is a coronavirus vaccine. International travel is a dumpster fire — carriers heavily exposed to international markets will take longer to fix their balance sheets.
Price inflation has tapered off for many – not all – air cargo markets during the second half of August. Shippers shouldn’t get used to it.
Airfreight exports from China slowed a bit in mid-August, allowing shippers to take back a tiny bit of pricing before rates shoot up for the next few months in as retailers build inventory for the holidays.
Tensions between the U.S. and China are high on a number of trade, diplomatic and security fronts but are easing when it comes to air travel. Both governments are now allowing more flights from each country.
Boeing commercial aircraft deliveries fell by more than half over the past six months, compared to the same period last year.
IATA is aligning its dangerous goods rules with international standards.
On today’s episode of WTT, we’re talking Texas flooding, Trump blocking, events going green and debating what’s a big deal and a little deal with Emily Szink. Blake England has […]
