IATA
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Air Cargo
Airlines continue to rationalize networks amid collapse in travel
Airlines are in survival mode and could permanently rid themselves of older aircraft in effort to help financial recovery.
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Air Cargo
Airlines face $39 billion in Q2 losses, industry group warns
The global pandemic is forcing airlines into a protective cocoon to survive, but many workers are feeling the effects first-hand.
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Air Cargo
Airlines face $250 billion revenue hit in 2020, IATA says
The International Air Transport Association had sobering news about the financial prospects for airlines this year: a quarter-trillion dollars in lost revenue.
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Air Cargo
Countries cut red tape to speed up cargo relief flights
Some countries are making it easier for airlines to adjust operations in response to the coronavirus crisis, but the airfreight community wants greater cooperation from…
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Air Cargo
Industry asks for looser all-cargo flight rules during pandemic
Advocates for rules exemptions characterize freighters as mission-critical for delivering medical supplies and feeding the public.
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Air Cargo
Airfreight market may be turning corner as rates climb
Airfreight demand from China is still lower than normal this time of year, but it is finally picking up as the coronavirus scare gradually subsides.…
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Air Cargo
IATA: Coronavirus impact on airlines could reach $113 billion
Airlines are taking it on the chin from the coronavirus. To balance revenues with expenses, airlines are cutting schedules. Lufthansa and United Airlines have taken…
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Air Cargo
IATA postpones World Cargo Symposium as registrants withdraw over coronavirus
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…
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Air Cargo
Airlines request slot leniency from airports to deal with coronavirus
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…
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Air Cargo
Airlines to feel $29 billion revenue impact from coronavirus
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…
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