airline industry
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Air Cargo
Analysts bullish on US airlines as travelers prepare for ‘jailbreak’
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…
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Air Cargo
Airlines, pilots plead for more federal aid to retain workers
The airline industry took a massive punch from the pandemic last year, but most carriers have stayed on their feet. Airlines and their employees say…
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Air Cargo
For airlines in 2020, cargo no substitute for people
Uncertain vaccine rollouts and mutant COVID-19 strains are messing up airline industry hopes for a second-half recovery this year. At best, traffic will be half…
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Air Cargo
Airlines ask Biden-Buttigieg DOT to focus on COVID recovery
Airlines are bleeding red ink and are asking incoming DOT nominee Pete Buttigieg to focus on testing and other steps to give people confidence to…
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Air Cargo
Airlines absorb $391 billion revenue shortfall in 2020
Airlines are heavily in the red and a big shrink in passenger revenue last year is to blame. The International Civil Aviation Organization quantifies the…
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Air Cargo
Alaska Air warns of increased cash burn in January
The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming…
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Air Cargo
Delta grows cargo revenue, narrows loss to $2.1B in Q4
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.
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Air Cargo
Air Canada suspends routes as COVID restrictions bite travel
New COVID travel restrictions have dealt Canadian airlines and their workers another blow. The financial road ahead looks scary until vaccines start working.
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Air Cargo
Airlines reinstate collection of federal excise tax for air cargo
Airlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to…
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Air Cargo
Aviation groups reach compromise on airport slot relief
In the airline world, slots doesn’t mean playing the slot machines in Las Vegas. Slots are how big airports divide up available windows for takeoffs…
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