Delta Air Lines (NYSE:DAL) reported quarterly losses of $3.30 per share, which missed the analyst consensus estimate of $3 by 10%. This is a 242% decrease over earnings of $2.32 per share from the same period last year. The company reported quarterly sales of $3.1 billion. This is a 76% decrease over sales of $12.6 […]
(Updated Sept. 15, 10:20 A.M. ET with information on FedEx) Worsening smoke conditions prompted Alaska Airlines (NYSE: ALK to suspend all flights for 24 hours in Portland, Oregon, and Spokane, Washington, beginning at 3 p.m. on Monday. Otherwise, airline and parcel delivery networks have experienced limited disruption from the devastating wildfires that have impacted millions […]
A look at the latest campaign spending reports shows that those in the transportation industries are heavily supporting Democratic candidates, but Trump holds a big edge among companies and PACs.
Delta announces Gil West’s departure, Sterling Transportation reports Cristine Olvera’s arrival and Leadership Florida picks Frederick Wong to join class.
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.
Delta Air Lines is stripping — seats that is. Removing seats from passenger aircraft adds capacity for lucrative cargo.
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.
LaQuenta Jacobs promoted to provide cultural leadership and strategic direction.
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, 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.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
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.
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
O’Hare Airport in Chicago is facing cargo congestion and now Delta Air Lines is not accepting any more cargo at its facility until further notice.
United Airlines and Delta are dipping their toes back into the China market. But with COVID-19 and political tensions rising it won’t be a surprise if they are stopped again.
Face shields, gloves and hand sanitizer were yesterday’s hot airfreight product. Now the cool shipments that people need right away are yoga pants, bikes and hot tubs.
Air cargo and cross-border trade could be unintended victims of the dispute between the U.S. and China over access by their respective passenger airlines.
Passenger planes are flying empty. Are there ghosts? It sounds kind of creepy. No need to worry. Airlines are simply putting their assets to use with cargo as their primary customer.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
