Air Cargo Market: Brace for big rate hikes
Shipping by air got much more expensive when the coronavirus pandemic exploded in March. After moderating earlier this summer, another price spike is brewing.
Shipping by air got much more expensive when the coronavirus pandemic exploded in March. After moderating earlier this summer, another price spike is brewing.
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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.
Emirates says it will deploy dozens of all-cargo planes to Lebanon with humanitarian aid in response to the port explosion in Beirut.
Shippers are facing delays at Sydney Airport in Australia because cargo terminals are buried in cargo.
Amazon Air is expanding in Hawaii to keep up with Amazon’s fulfillment center push.
Cargo has always been a top priority at Cathay Pacific, a combination carrier with a fleet of passenger and cargo planes. But the airline is adding some leadership muscle to gain more logistics customers.
Mesa Airlines flies small regional jets on small routes for mainline carriers. Now it’s stepping up a size to the Boeing 737 so it can haul cargo for DHL. Find out how they are getting ready for the new era of cargo.
Qantas Freight got permission to bring back employees in Melbourne after they were sent home a week ago to contain the spread of the coronavirus.
Cathay Pacific has been flying passenger planes on cargo missions for months, but only in the last couple of weeks did it revert to pulling seats to create more cargo capacity. The new cargo capability comes with additional safety requirements and operational challenges.
Korean Air is a unicorn among passenger airlines. It made a profit in the second quarter, a remarkable feat given the depressed state of the airline industry.
Beirut is in a state of emergency following a giant chemical blast. Governments are sending cargo planes with basic necessities to help the survivors.
Atlas Air Worldwide’s big cargo planes have been in flying full tilt since the novel coronavirus metastasized in March. Combine that with high rates and you’ll understand why r revenue and profit grew so much in the second quarter.
Air Transport Services Group
Company one of 12 airline contractors under loan scrutiny.
The FAA recently gave Pemco Conversions approval to convert 737 passenger jets into freighters, with the added flexibility of carrying pallets and passengers in the main cabin area at the same time.
UPS pilots are seeking protections from aggressive health safety measures in Hong Kong but aren’t going as far as their counterparts at FedEx.
Rickenbacker Airport, a low-hassle alternative to some big airports, set cargo records in June handling COVID supplies.
It’s not an accident that United Airlines’ cargo business in the second quarter dwarfed that of Delta Air Lines and American Airlines.