Cathay Pacific Cargo is limping back to service after shutting down most flights for a week to adjust its schedule to lower pilot availability.
Cathay Pacific is running out of pilots for its freighter operations because of stricter quarantine measures.
Hong Kong’s strict COVID policies have had economic consequences, especially for its aviation industry.
Airlines are growing more optimistic about their recovery from the pandemic as the U.S. reopens its borders. Cargo is riding the coattails of the passenger bounce.
Cargo was the good news for Air Canada in the second quarter as the company still struggles out of a pandemic hole.
Ray Wood, head of global carrier management at World Courier, discusses how the air cargo market has adjusted and maintained relationships with customers.
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.
New COVID travel restrictions have dealt Canadian airlines and their workers another blow. The financial road ahead looks scary until vaccines start working.
The viability of the airline industry is at stake because COVID has mostly wiped out passenger travel. The group’s global trade association is pleading with governments to help airlines with rule changes and financial aid.
Carriers are restrategizing and putting greater emphasis on servicing their grounded aircraft, spurring an increase in the maintenance, repair and operations business.
United Airlines lost $1.6 billion in the second quarter. Given that a pandemic has hammered passenger travel, that’s relatively good. Company officials say maintaining capacity discipline for the foreseeable future is critical to get back to profitability.
“Crew changes cannot be postponed indefinitely,” warned the world’s largest maritime and air transport organizations.
The airline industry is poised to shrink considerably as revenues evaporate and they are forced to cut costs to the bone.
The International Air Transport Association had sobering news about the financial prospects for airlines this year: a quarter-trillion dollars in lost revenue.
Some countries are making it easier for airlines to adjust operations in response to the coronavirus crisis, but the airfreight community wants greater cooperation from governments.
Emirates, a dominant carrier in international long-distance travel, is grounding almost its entire fleet in a concession to the lack of business because of the coronavirus.
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 tell their representatives to support the measure. Meanwhile, Delta Air Lines said it projects a $10 billion reduction in revenue for the second quarter, down […]
The coronavirus is an existential threat to the airline industry, Air Canada’s CEO says
Travel demand has plummeted in Australia and New Zealand, as it has elsewhere, and major carriers to the island nations are quickly matching their footprint to business levels.
