COVID hits Southwest Airlines with $1.5B Q2 loss
Southwest Airlines wrote its second-quarter results in red ink — $1.5 billion to be exact. It is not alone. All airlines are suffering financially from the coronavirus crisis.
Southwest Airlines wrote its second-quarter results in red ink — $1.5 billion to be exact. It is not alone. All airlines are suffering financially from the coronavirus crisis.
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.
An Ethiopian Airlines plane suffers extensive damage in a fire at Shanghai Pudong airport.
Critics argue proposal does little to address global warming.
British Airways’ decision to retire its fleet of 747 jumbo jets is a loss for aviation lovers, but businesses that ship goods by air will benefit from using more modern aircraft.
Tim Strauss is leaving Air Canada Cargo to lead Miami-based Amerijet.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Recipe for disaster: a pilot who made serious mistakes, panicked, had a history of reacting poorly under stress and lied about it to his employer – Atlas Air.
Pilots don’t want to fly to Hong Kong because of mandatory crew tests for coronavirus. Some airlines have hit the pause button on flights to avoid crews getting trapped in long quarantines.
When it comes to airports and cargo, bigger isn’t always better. Shippers are finding the benefits of airports that fly under the radar.
Lufthansa Airlines is transforming itself into a smaller airline, while its Cargo division settles on a single company to manage its central warehouse.
American Airlines is downsizing. That means the new cargo president and her team are taking on expanded roles.
The air freight market appears saner in recent weeks, with less competition among shippers for transport services. But the shape of the recovery is anyone’s guess and a possible demand spike for face masks and surgical gowns could create a hyper-market again.
A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
Glass half empty – cargo business and finances are bad for the airlines. Glass half full – they’re not as bad as they were two months ago.
Big cargo planes are dumping cargo faster than O’Hare, LAX and other airports can process it. That could mean a longer wait for your new favorite gadget.
Anthony and Zach talk to rail and intermodal expert Mike Baudendistel about some interesting signals from that sector as well as connecting the dots between modes.
DHL Express continues to adjust its airline network amid changing shipper needs in the COVID era.
The U.S. is loosening restrictions on flights by Chinese airlines after China partially reopened its aviation market to U.S. carriers.