American Airlines cargo and passenger flights will shift to a new mega-airport in Beijing in March. Passenger demand will dictate how long cargo-only flights continue.
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.
United Airlines’ early commitment to quasi-freighter operations as the coronavirus crisis grew has paid off financially. The airline is ramping up cargo operations even further during the third quarter.
Several passenger airlines have proven that cargo can be lucrative business during a pandemic with little travel. American Airlines quickly built a dedicated cargo operation but is now throwing more resources at the business as market conditions improve.
There was a marked difference in how Canada and the U.S. reacted to the opportunity of transforming passenger aircraft into twin-deck freighters by removing the seats. One country moved very fast. The other was slow to the party.
It’s not an accident that United Airlines’ cargo business in the second quarter dwarfed that of Delta Air Lines and American Airlines.
American Airlines’ cargo revenue for the first half of the year was $277 million, or 37% lower than the first half of 2019.
American Airlines lands $2.7 billion pretax loss in second quarter.
vailable cargo space on outbound aircraft from China is starting to become scarce again. Shippers better hurry to lock up reservations for the late summer and peak season.
American Airlines and JetBlue plan to enter a strategic partnership to drive more passengers to their respective networks as they struggle with the economic fallout of the coronavirus pandemic.
American Airlines, United Airlines and Delta Airlines are planning for mass layoffs unless workers take unpaid leave or separation packages as COVID continues to batter the industry.
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.
American Airlines is downsizing. That means the new cargo president and her team are taking on expanded roles.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
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.
American Airlines Cargo has not slowed implementation of the IBS Software iCargo platform since last October, despite the upheaval from the COVID-19 pandemic.
Airlines are looking at a multiyear road to parity with 2019, but bookings have given them confidence to start opening up networks closed by the coronavirus.
Mass layoffs can help a company survive the coronavirus recession for the time being, but the damage will hurt its long-term prospects, United CEO Scott Kirby says.
The U.S. government’s emergency aid package was only a Band-Aid for protecting jobs. Airlines promised not to have involuntary layoffs for six months, but now American Airlines is paving the way for mass layoffs.
One of the big innovations for passenger airlines during the coronavirus era is using their planes as dedicated cargo haulers. Cargo 2.0 was putting boxes in storage bins and other seats. Cargo 3.0 is cargo on seats.
