Financial results
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Air Cargo
Airlines absorb $391 billion revenue shortfall in 2020
Airlines are heavily in the red and a big shrink in passenger revenue last year is to blame. The International Civil Aviation Organization quantifies the…
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American Shipper
ATSG sees Q3 earnings rise on cargo aircraft leases
Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.
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American Shipper
Amazon sees surge in Q3 earnings
The e-commerce retail and logistics giant’s bottom line is healthier than ever.
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American Shipper
DSV Panalpina CEO: Q3 results beat odds during pandemic
Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.
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News
Southwest Airlines records $1.2B Q3 loss
COVID-19 keeps bookings soft, planes parked during quarter.
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American Shipper
E-commerce logistics, airfreight fuel Kerry Logistics’ 1H profit
Hong Kong-based 3PL’s warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
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American Shipper
Deutsche Post DHL beats back COVID-19 with Q2 profit
Deutsche Post DHL saw a significant rise in e-commerce activity during the second quarter due to continued COVID-19 travel restrictions and retail store closures.
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American Shipper
Boeing takes $2.4B loss in Q2 due to COVID-19
Boeing commercial aircraft deliveries fell by more than half over the past six months, compared to the same period last year.
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American Shipper
American Airlines cargo revenue sinks, along with Q2 profit
American Airlines’ cargo revenue for the first half of the year was $277 million, or 37% lower than the first half of 2019.
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American Shipper
American Airlines suffers $2.7B Q2 loss from COVID-19
American Airlines lands $2.7 billion pretax loss in second quarter.
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