Air cargo demand is projected to slow to 6% next year, bolstered by positive economic supply chain and economic trends against a backdrop of rising geopolitical uncertainty.
Passenger and cargo airlines are coping with a computer crash, which has disrupted many airfreight shipments.
The air cargo market has pulled out of its 1.5-year dive, but analysts say don’t be deceived by the slight seasonal improvement. Real growth is many months away.
Cargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for a relatively healthy bottom line last quarter under weak market conditions.
Two top executives at Altas Air are retiring in their 50s. The cargo airline named Michael Steen as its CEO.
Sun Country is bucking the trend of express carriers flying fewer hours because of slow shipping volumes. Its Amazon fleet is busy as ever.
Air cargo professionals hope demand has hit bottom and will start to improve soon, but there could be further downside if some barometers are true.
Ocean carrier CMA CGM’s new cargo airline made the unusual decision to stop serving U.S. customers and lease planes to other carriers for a short period.
Airlines and logistics companies realize air cargo business will be lower this year. Talk of a 2023 upturn is more based on hope than economic signals.
Joby will work with Delta to build a service that uses autonomous drones to take passengers to and from the airport.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
Maersk Air Cargo is preparing to start U.S. service that originates in South Korea.
Lufthansa parked 14 giant Airbus A380 aircraft during the pandemic but now sees value in bringing some back.
IATA says airlines can’t succeed on sustainable fuels, 5G interference and lithium battery safety without more government involvement.
The air cargo market has lost some steam from 2021 but is still going strong, according to the airline trade group IATA.
Atlas Air, Kalitta freighters spotted with military cargo at Air Force base
FAA’s new optimized descent procedures and their aviation benefits
Over the last few years, and as economies continue to evolve, many companies across many industries are switching to technology as a new way to streamline their operations.
Passengers get a smoother journey, airlines save money, and air pollution is reduced with new aircraft descent procedures at large U.S. airports.
Finnair is a microcosm of the pressures on air cargo and airlines because of the airspace restrictions over Russia.
The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the Union address to the nation Tuesday night. “I am announcing that we will join our allies in closing off American airspace to all Russian flights — further isolating Russia — […]
Canada’s largest airline produced its best cargo results ever as the passenger business begins to show signs of sustained recovery.
Congress, regulators and industry are trying to develop a long-term plan that would allow 5G cell towers to coexist with airport traffic.
Extra safety precautions, for cargo and crew, are needed when vaccines need ultra-cold transport by air. The FAA wants to fine-tune its safety guidance.
A “bomb cyclone” is expected to hit the Northeast and disrupt air traffic.
MSC, a giant shipping line, wants to buy an Italian airline. If successful, it will then be in the passenger airline and air cargo businesses.
Growth in air cargo volumes decelerated in the last two months of 2021. Blame it on too much demand stressing the freight system.
Chutzpah: When Saudi Arabia’s flag carrier asks the U.S. to operate cargo flights directly from Europe and the Saudi government denies similar rights to U.S. carriers.
Social, financial and government pressure has airlines making a big push to decarbonize.
American Airlines is riding the cargo wave, like its competitors, but a challenging passenger environment is holding back its financial performance.
In 2020, DOT received a total of 102,561 consumer complaints
A big ocean container line is buying big cargo jets from Boeing.
Reducing risk from natural disasters, disease and terrorism is an important goal, but doing so shouldn’t paralyze economic activity.
Financial losses for the global airline industry were sequentially smaller in the second quarter
Amazon Air’s rate of growth is amazing. It will soon have 80 aircraft moving e-commerce shipments for business and residential customers.
The global airline industry still has a steep climb out of its financial hole. U.S. airlines are doing better, but watch out for the delta variant.
COVID-19 stimulus funding for transportation in the CARES Act and Supplemental Bills
International transport rules for dangerous goods could have hindered the vaccine rollout by airlines without swift action by the air cargo sector.
Fuel was a nonfactor for airlines and cargo customers during the early months of COVID. Not anymore.
Air cargo carriers can barely keep up with demand. International passenger airlines are desperate for more traffic. But the two segments are inextricably linked, for better or worse.
The A380 has mostly been a bust as a giant passenger plane. Now Airbus is trying to salvage some value by offering to convert passenger planes into full-time cargo planes. But there’s a twist. Passengers will still ride along on the top deck. Will airlines buy in?
You think you can just book your cargo on a plane to avoid the ocean shipping congestion at the Suez Canal? Guess again. Freighters were flying full even before the Ever Given got stuck, so finding space will be very difficult.
Digital transactions are necessary as air cargo volumes grow, but setting up those IT links can be tedious. The International Air Transport Association has a new tool to make that process much easier.
There’s no time for deliberation these days if you want to get high-value cargo shipped by air. It’s a strong seller’s market in the air cargo world. If you see it, book it and don’t worry about the price.
FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them to infection and loss of personal freedom.
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 Congress should inject one more dose of aid for jobs so they can start flying more quickly once vaccinations increase and people are ready to travel.
Airfreight markets are topsy-turvy in the COVID era, but importers and exporters can count on one thing: paying two to three times normal rates. CFOs will have to increase their transport budgets if they want goods to move quickly.
DHL Aviation is turning over every stone to find economical capacity to haul packages for DHL’s express unit. The latest moves involve a travel airline flying parcels instead of passengers and a new Airbus converted freighter that few others have.
Mud dauber wasps in Australia are setting up home inside pieces of sensitive aircraft equipment. It’s more than a nuisance. It could be dangerous.
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 travel.
Airlines shed nearly 10% of their workforce in October.
Nobody likes a line cutter, but when it comes to the rush delivery of COVID-19 vaccines, the Federal Aviation Administration is making an exception.
UNICEF is helping less developed countries with supply chain needs associated with distributing coronavirus vaccines.
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.
With passenger planes all but out of commission earlier this year – and still lagging considerably in the fourth quarter – shippers had significantly fewer options for moving their products across the world.
Airlines have cut costs to the bone to survive the COVID pandemic. Shrinking the bone — maintenance, airport fees, labor and aircraft rent — is more difficult.
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 governments to help airlines with rule changes and financial aid.
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 — carriers heavily exposed to international markets will take longer to fix their balance sheets.
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 is coming off and without a fresh dressing, American Airlines and competitors are planning big layoffs.
The International Air Transport Association is preparing to eliminate about 400 jobs as airlines pinch pennies because of the coronavirus pandemic.
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 cash flow.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Winter is a cold period for airlines’ bottom lines. Throw in COVID-19 challenges and airlines face a difficult road to next year. That is why they are knocking on doors for help.
Airlines continue to send out SOS distress signals. The industry’s main trade association says profit margins will drop 20% this year, but the increased reliance on air cargo is helping companies stay alive and keep employees.
International aviation authorities and health experts are trying to create public health corridors in the sky through the application of multi-layers of sanitary and hygiene standards.
Freight haulers across transport modes join effort to raise awareness.
The airline industry is poised to shrink considerably as revenues evaporate and they are forced to cut costs to the bone.
Cargo planes are in high demand these days because they are the fastest way to get vital medical equipment and supplies to health care workers trying to save the lives of those infected with the coronavirus. But inflexible regulations and bureaucrats can undermine that speed.
Tough times call for drastic measures and Lufthansa sees the writing on the economic wall. It’s wasting no time shrinking for a smaller future.
In a race against time, many are relying on the air freight industry to get critical goods to their destinations.
A pilot’ union says airlines need to be held more accountable for protecting cockpit crews from the coronavirus, but at the corporate level all airlines appear to be taking health guidelines very seriously.
The airline industry’s recovery will be more U-shaped than V-shaped, experts warn.
Air cargo rates spike in the wake of the coronavirus outbreak. Medical supplies are in high demand while much of the air capacity is grounded.
The February downturn in air cargo volumes presages even worse performance in the coming months, according to analysts.
Airlines were among the big industry winners when the smoke lifted and Congress finalized a $2 trillion economic stimulus package to deal with economic fallout from the coronavirus.
Airlines and airports have a symbiotic relationship, but there is tension over airlines’ interest in waiving airport charges and taxes during the pandemic recession.
The International Air Transport Association had sobering news about the financial prospects for airlines this year: a quarter-trillion dollars in lost revenue.
The Chinese government is using the reason “Acts of God” to void many contracts due to coronavirus. Darren Prokop explores whether that is hurting current trade and will impact trade in the future.
Advocates for rules exemptions characterize freighters as mission-critical for delivering medical supplies and feeding the public.
The latest blow for the airline industry came when President Donald Trump announced Wednesday that travelers from 26 European countries would be barred from visiting the U.S. for 30 days.
Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.
The travel and hospitality industries are getting battered by falling demand for their services as the coronavirus spreads. Less economic activity and aircraft capacity hurts shippers too, who can’t sell or ship as many goods.
People might be willing to travel for business, but companies are nixing nonessential trips. Many industry conferences are being canceled as a result.
Airlines are at the mercy of the coronavirus. About the only thing they can do is try to reduce operating costs and preserve cash flow until people are willing to start traveling again.
The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.
It’s difficult to predict how travel and trade patterns will impact the global economy for the full year, but companies involved in trade and travel are feeling the pinch already. The crisis is creating risks and opportunities for airlines, especially for companies that fly dedicated freighters.
From maintenance, to deferred aircraft upgrades, IT work to rejigger reservation systems, and extra fuel and maintenance costs the grounding of the Boeing 737 MAX is financial and operational constraint for airlines.
2020 is shaping up to be a difficult year for the airline industry because of the coronavirus and uncertainty over when demand for China travel will pick up once the outbreak has subsided.
Looking like a scene from the Fox drama “24” where Kiefer Sutherland deals with biological weapons, technicians in hazmat suits spray down Volga-Dnepr cargo planes with disinfectant and take other precautions against the coronavirus.
Cargo carriers will be able to operate more efficiently between the U.S. and Kenya thanks to a new agreement between the governments.
Pilots hold many of the cards when it comes to cargo capacity in China. If they decline flight assignments to avoid catching the coronavirus, lots of merchandise and supplies won’t get delivered on time.
Airlines continue to react to the spread of the coronavirus by cutting more flights.
Delta, Air Canada and Lufthansa are among the international airlines reducing or suspending flights to China as the coronavirus spreads.
Aviation is taking a wait-and-see attitude toward the coronavirus and trying not to think about the last time something like this happened.
IATA also said it is critical for governments to communicate with airlines about potential risks.
Pemco wants to convert newer aircraft.
