airline industry
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Air Cargo
Airline group issues distress call as projected losses reach $128B
Airlines are slowly adding flights, but don’t mistake that for market optimism. Bookings are trending down for the winter and airlines are bleeding billions in…
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Air Cargo
IATA cargo chief Hughes takes buyout amid downsizing
Voluntary redundancy is the term used when an organization has more jobs than it needs — or can afford. It’s a nice way of letting…
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Air Cargo
Analysis: US airlines eliminate change fees — and thousands of jobs
U.S. passenger travel seems capped at about 70% of last year’s level until there is a coronavirus vaccine. International travel is a dumpster fire —…
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Infographics
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Air Cargo
Exclusive: Largest airline trade association to reduce workforce 20%
The International Air Transport Association is preparing to eliminate about 400 jobs as airlines pinch pennies because of the coronavirus pandemic.
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Air Cargo
Cathay Pacific sending planes to Australia for storage during pandemic
Warm, dry weather isn’t just easier on the body, it’s nice for airplanes with metal frames and electronics that can deteriorate when there is too…
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Air Cargo
United Airlines: Least worst is best
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…
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Air Cargo
Virgin Atlantic secures emergency investment to fund operation
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
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Air Cargo
Delta cargo revenue drops despite freight-only flights
Delta Air Lines will retire more than 100 planes by year’s end, reducing the carrier’s available cargo capacity to some destinations after coronavirus passes.
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Air Cargo
Airlines chafe against UK quarantine as Europe opens travel
It’s a turbulent period in Europe for the aviation industry. Regional travel is reopening in the EU, but the UK has tightened travel restrictions and…
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