Financial results
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Air Cargo
Southwest Airlines records $1.2B Q3 loss
COVID-19 keeps bookings soft, planes parked during quarter.
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Air Cargo
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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Air Cargo
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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Air Cargo
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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Air Cargo
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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Air Cargo
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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Air Cargo
Kuehne + Nagel uses ‘agile structure’ to weather 1H 2020
The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a…
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Air Cargo
Delta cargo revenue drops despite freight-only flights
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.
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Air Cargo
Delta faces ‘staggering’ Q2 loss in face of COVID-19
Atlanta-based airline posted $3.9 billion pretax loss for the second quarter.
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Air Cargo
COVID-19 response boosts Deutsche Post DHL’s Q2 profit
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
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