50% jump in cargo revenue helps United Airlines slow Q3 cash burn
United Airlines lost more than $2 billion in the third quarter, but the cargo division did its part to stabilize finances.
United Airlines lost more than $2 billion in the third quarter, but the cargo division did its part to stabilize finances.
Cargo is no longer the stepchild at passenger airlines. Strong cargo sales have helped keep airlines afloat as revenues plunge during the coronavirus. Will we see airlines start to buy freighters to capitalize on cargo demand?
The cargo divisions at Air Canada, IAG/British Airways and Air France-KLM played dominant roles for their respective airlines in the second quarter, creating cash flow. Typically, they barely register on the financial statement. What happened?
Shipping seafood, electronics or a spare part by air? It might get a window seat now on Swiss International Air Lines.
United Airlines is slowly ratcheting up its passenger schedule each month as travel increases, but it’s a tricky game to figure out how much supply to add in an uncertain world.
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.
One of the Middle East’s largest airlines targets freight to keep its more than 250 aircraft flying during the coronavirus pandemic.