airlines
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Air Cargo
Atlas Air refuses to repay US bailout funds
Atlas Air says it faced hardships during the coronavirus pandemic, making it eligible for emergency airline aid from Congress despite a massive growth in business.
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News
Pandemic continues to fuel freighter demand
With passenger planes all but out of commission earlier this year – and still lagging considerably in the fourth quarter – shippers had significantly fewer…
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Air Cargo
Fixed costs to sink airlines unless governments intervene, IATA warns
Airlines have cut costs to the bone to survive the COVID pandemic. Shrinking the bone — maintenance, airport fees, labor and aircraft rent — is…
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Air Cargo
Airlines say survival depends on bailouts, reopened borders
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…
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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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Air Cargo
American Airlines to chop 19,000 jobs amid travel slump
The CARES Act was a Band-Aid for the airline industry, holding tens of thousands of jobs in place for a brief period. Now the Band-Aid…
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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
PayCargo helps shippers, forwarders pay it forward
PayCargo has become a force in the online payment of freight transportation bills and now offers coronavirus-impacted shippers and forwarders credit lines to smooth their…
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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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