Airline cargo revenues improve in Q2 along with market
Large passenger airlines recorded solid growth in cargo revenue during the second quarter after more than a year of contraction.
Large passenger airlines recorded solid growth in cargo revenue during the second quarter after more than a year of contraction.
The air cargo market’s upturn helped Delta Air Lines in the first quarter, but revenues were still lower than in 2022.
Delta Air Lines has named Peter Penseel, currently at Ceva Logistics, to head Delta Cargo.
Delta Air Lines’ cargo business saw some improvement during the fourth quarter, but the overall enterprise performed very well, according to results released on Friday.
Delta Air Lines cargo revenue fell by more than a third in the third quarter, reflecting weak market conditions.
Freighter operator Western Global got in financial trouble when the overheated air cargo market cooled off last year and nearly shut down this summer before getting a financial lifeline from creditors and filing for bankruptcy.
Delta Air Lines has seen cargo revenue slide by more than a third in the past year.
Delta Air Lines made less money from cargo during the first quarter than a year ago — or any quarter in between. Similar results are expected when other airlines report results.
Delta Air Lines is putting more resources into temperature-controlled cargo services because they pay off.
Three furry sloths died when the heat stopped working on a Qatar Airways jet during a long delay at frozen Liege Airport
Delta Air Lines carried more than $1 billion in cargo below passengers’ feet last year, setting a company record.
Delta Air Lines’ cargo division had a Goldilocks third quarter: not too cold and not too warm.
Joby will work with Delta to build a service that uses autonomous drones to take passengers to and from the airport.
Delta Air Lines and South American carrier Latam Airlines have become partners, creating opportunities to streamline their cargo networks.
6 airlines have settled with US government over charges of hiding late mail deliveries
Delta is the latest airline to settle charges of defrauding the U.S. Postal Service on mail transport contracts.
Delta Air Lines will transport baby formula from London to two U.S. cities under the Biden administration’s Operation Fly Formula program.
Delta Air Lines grew Q1 cargo business because of supply chain chaos like that unfolding in Shanghai now. (Photo: Delta)
The ripple effect of the anti-COVID truck protests in Canada is spreading to aviation.
Delta Air Lines is on the path to recovery from the depths of the coronavirus pandemic, but omicron remains a hurdle.
Delta Air Lines’ recovery from the pandemic hit a high note in the third quarter.
Airlines put many aircraft into a deep sleep to ride out the pandemic slowdown in business, but storing and reactivating them involves a lot of resources.
Delta Air Lines is seeing strong domestic travel demand, but cargo also helped the company move beyond breakeven in the second quarter.
Delta has a stronger balance sheet than many airlines so it is going to the market to expand its fleet.
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.
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.
Top 10 lists dominate the end of any year. American Shipper’s Top 10 stories list is voted on throughout the year by readers simply by reading our stories on americanshipper.com. Here are the stories you read the most in 2020.
With vaccines in tow, the transportation industry will deliver a lot of much-needed holiday cheer over the next few weeks.
Delta joins the caravan of airlines moving COVID vaccines. Air Canada gets ready.
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.
Delta is having problems processing cargo in Chicago and placed an embargo on new shipments for more than a week.
Delta took pains to remove seats from a large jet so it could carry more cargo — and eight weeks later permanently parked the airplane.
Delta is responding to customer willingness to pay good rates for airfreight by adding more cargo-only flights.
Delta Air Lines (NYSE:DAL) reported quarterly losses of $3.30 per share, which missed the analyst consensus estimate of $3 by 10%. This is a 242% decrease over earnings of $2.32 […]
(Updated Sept. 15, 10:20 A.M. ET with information on FedEx) Worsening smoke conditions prompted Alaska Airlines (NYSE: ALK to suspend all flights for 24 hours in Portland, Oregon, and Spokane, […]
A look at the latest campaign spending reports shows that those in the transportation industries are heavily supporting Democratic candidates, but Trump holds a big edge among companies and PACs.
Delta announces Gil West’s departure, Sterling Transportation reports Cristine Olvera’s arrival and Leadership Florida picks Frederick Wong to join class.
The CARES Act was a Band-Aid for the airline industry, holding tens of thousands of jobs in place for a brief period. Now the Band-Aid is coming off and without a fresh dressing, American Airlines and competitors are planning big layoffs.
Delta Air Lines is stripping — seats that is. Removing seats from passenger aircraft adds capacity for lucrative cargo.
There was a marked difference in how Canada and the U.S. reacted to the opportunity of transforming passenger aircraft into twin-deck freighters by removing the seats. One country moved very fast. The other was slow to the party.
LaQuenta Jacobs promoted to provide cultural leadership and strategic direction.
It’s not an accident that United Airlines’ cargo business in the second quarter dwarfed that of Delta Air Lines and American Airlines.
American Airlines, United Airlines and Delta Airlines are planning for mass layoffs unless workers take unpaid leave or separation packages as COVID continues to batter the industry.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
Delta Air Lines will retire more than 100 planes by year’s end, reducing the carrier’s available cargo capacity to some destinations after coronavirus passes.
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
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.
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.
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.
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.
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.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
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.
(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.
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.
Airlines know 2020 will be financially bleak but are seeing some green shoots of customer activity as encouraging.
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.
If you’re a forwarder and need more airlift to get goods around the world, you’re in luck. Airlines are listening and putting more assets to work.
Want to ride a “ghost flight” for fun? You can’t. They’re only open for freight and Delta Air Lines is flying lots of them from Asia to the U.S.
Delta Air Lines and LATAM are getting ready to operate jointly once they clear antitrust hurdles in both countries.
Airlines fly people, they don’t make things. Guess again. Delta is making portable human pods for the military and, along with American Airlines, is making face shields.
Delta Air Lines officials believe they have the reputation for customer service, reliability, and brand experience that will carry them through the pandemic. Now, they are making hard choices about the future.
Domestic airlines want to put cargo in passenger seats or stacked on the cabin floor, as some foreign counterparts are already doing. But they first need authorization from U.S. authorities.
Delta Air Lines is increasing the number of scheduled cargo flights between Asia and three U.S. cities, using its passenger aircraft as substitutes for freighters.
Delta is raising huge amounts of capital and cutting costs by half as it sets the stage for a new world with less travel.
Delta is the first of the domestic passenger airlines to release earnings since the coronavirus pandemic spread globally and the picture isn’t pretty.
The FAA is making it easier for airlines to survive the current economic crisis by quickly ruling on how to carry cargo in the passenger cabin and relaxing takeoff and landing quotas.
American will penalize shippers who don’t show up or cancel a booking at the last minute, while Delta is adding more capacity for its scheduled cargo routes to Asia.
Delta is expanding its Roadie delivery partnership to include packages that weigh three times more than the original limit
The idea of using passenger planes as freighters would have been considered farfetched in February since the main deck can’t be loaded with large pallets. But when there’s a pandemic and a shortage of cargo space, the logistics community gets creative and these planes are being booked at a rapid pace.
Passenger aircraft are being used to fly essential cargo between continents. Learn more about what the airlines are doing to survive and to assist key supply chains.
Dealing with a crisis requires innovation and Delta Air Lines doing that on several fronts. Now it is switching gears and making face shields for hospital workers.
The demand for coronavirus medical supplies is so great that passenger aircraft are being repurposed for cargo service, logistics companies are chartering those airplanes and full freighters, and governments are setting up air pipelines with logistics partners.
The airline industry’s recovery will be more U-shaped than V-shaped, experts warn.
Demand to move goods during the pandemic crisis is high, but available air cargo space is low. Passenger airlines are finding a robust market.
United Airlines’ executives and union leaders late Friday warned furloughs will begin soon unless the federal government enacts an emergency aid package for the airline industry and urged workers to […]
Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.
It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.
American Airlines is cutting 75% of international wide-body flights because of the coronavirus, shifting bellies full of cargo to freighters that will increase shipping costs for automotive manufacturers and commodities from salmon to fashion wear.
Airlines continue adjusting their flight schedules and capacity to contain costs as traffic dries up due to the coronavirus scare.
Take a FreightWaves Flashback to #FWLive Chicago 2019 where Eric Wilson, managing director of global cargo sales for Delta Air Lines, conducts this session on how tech helped improve Delta’s efficiency in serving both passengers and cargo.
Airlines are at the mercy of the coronavirus. About the only thing they can do is try to reduce operating costs and preserve cash flow until people are willing to start traveling again.
The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
Delta, Virgin Atlantic and Air France-KLM together offer extensive trans-Atlantic route network and service capabilities.
It’s difficult to keep up with the flight suspensions being announced by airlines to China amid fear about the coronavirus outbreak.
Lobsters may be premium, time-sensitive air cargo, but Delta Air Lines is also learning how these, and other, arthropods use their body suits to safely carry large amounts of weight.
Operating revenue for cargo operations at Delta Air Lines fell 13% for the fourth quarter ($187 million) and the full year ($753 million) compared to the same periods in 2018, […]
November proved to a bit more difficult for high-performing Delta Air Lines, but it should see increased business from South America soon as it cements ties with LATAM.
Delta Air Lines [NYSE: DAL] has teamed with on-demand delivery company Roadie to launch a door-to-door, cross-country shipping service for time-critical goods such as medical equipment, and automotive and industrial […]
Shawn Cole spotlights Delta’s large-scale cargo operations, which is bigger than you might expect.
Delta Air Lines [NYSE: DAL] is selling $1.5 billion worth of bonds to help pay for its 20% stake in South American carrier LATAM Airlines, according to a prospectus filed […]
The joint venture between Delta Airlines (NYSE: DAL) and LATAM Airlines (NYSE: LTM) proposed last month was motivated by synergies on the passenger side, but analysts also see attractive opportunities […]