United Airlines’ cargo gain undermined by low rates
United Airlines had a weak quarter for cargo revenue, but it’s on par with the rest of the industry.
United Airlines had a weak quarter for cargo revenue, but it’s on par with the rest of the industry.
American and United airlines enjoyed highly profitable second quarters, but their cargo businesses were a downer.
United Airlines saw cargo revenue dip but exceeded financial expectations in the fourth quarter.
United Airlines continues to deliver strong cargo results each quarter even as global trade softens.
Passenger travel carried United Airlines to a second-quarter profit, while cargo sales eased for the first time in two years.
FedEx pilots want a rich new labor deal to keep up with their counterparts at United and UPS.
Las agencias federales y el ejército recurren a los transportadores de carga y de pasajeros para las entregas de misión crítica
Airlines act as an auxiliary transport wing for the U.S. government during times of crisis.
Operation Fly Formula
The baby formula crisis is still acute. FedEx and United Airlines are helping out by delivering new shipments of formula from overseas on Thursday.
United Airlines has stepped up to help Operation Fly Formula by transporting critically needed baby formula from the U.K. on regular passenger flights.
United Airlines is significantly boosting its cargo capacity with the reintroduction of Boeing 777-200 jets.
United Airlines more than doubled its cargo revenue in the first quarter versus 2019. The passenger side is nearing full health too.
United Airlines is bringing back dozens of 777s after a safety issue was resolved, but the process is taking longer than expected.
It’s a sign of the supply chain times when customers are renting entire planes from United Airlines to haul low-value commodities like mayonnaise.
United Airlines is getting lots of attention with bold statements that it hopes to fly hydrogen jets in seven years and supersonic jets by the end of the decade.
It’s an upside-down world when an airline makes more money flying less cargo than it did two years ago.
In the pandemic era, passenger travel can be especially fickle. Air Wisconsin will try its hand at cargo so it has more revenue opportunities.
Ghost freighters — passenger planes flying without passengers — were a big part of United Airline’s pivot to cargo during the pandemic. Now they are going away.
United Airlines’ cargo division is one of the company’s biggest assets right now, with big returns again in the second quarter.
Greater fuel efficiency is allowing airlines to downsize to smaller aircraft on trans-Atlantic routes. That’s bad news for cargo shippers that need wide aircraft.
United performed worse in the first quarter than some analysts expected, but the consumer mood has shifted as the economy reopens and United says it can get to breakeven this year on a pretax basis.
Investor-led climate change initiative Climate Action 100+ assessed 159 corporations that contribute most to global industrial GHG emissions to evaluate progress.
Companies in a wide variety of industries are starting to offer vaccines to their employees at work. That protects employees’ health and the company’s bottom line.
United Airlines on Friday became the second airline to pay millions of dollars in penalties for a scheme to defraud the U.S. Postal Service for international mail delivery.
United Airlines took down its Boeing 777-200s with the type of engine that disintegrated on takeoff from Denver last weekend. Now the impact is becoming more clear for cargo customers.
United Airlines’ cargo division has been riding high the past year. But it could lose some resources as the company realigns the fleet to make up for the suspension of two dozen 777-200s after an engine blowout.
United has made cargo a priority during the pandemic. The number of passenger cargo flights it operates is evidence of that.
With vaccines in tow, the transportation industry will deliver a lot of much-needed holiday cheer over the next few weeks.
Distribution of coronavirus vaccines isn’t limited to FedEx and UPS. Many freight transportation and logistics companies are already playing a large role in the global immunization campaign.
Preparing for the massive global distribution of COVID vaccines for airlines is the equivalent of the military massing for an invasion. Here’s how United, American and Delta airlines are getting ready.
United Airlines lost more than $2 billion in the third quarter, but the cargo division did its part to stabilize finances.
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.
At airlines, cargo is typically the junior partner to passenger service. During COVID, the roles are reversed and United Airlines is using its cargo network to support more passenger service.
Cargo is no longer the stepchild at passenger airlines. Strong cargo sales have helped keep airlines afloat as revenues plunge during the coronavirus. Will we see airlines start to buy freighters to capitalize on cargo demand?
It’s hurricane season in the U.S. and typhoon season in Asia. Planes on the ground are vulnerable. United Airlines and Hong Kong International Airport reveal their playbooks for securing parked planes.
Companies that need to move goods by air will need to increase their transportation budgets to get through the fourth quarter as low capacity ignites airfreight prices.
Hurricane Laura’s onslaught has begun to disrupt air logistics in Texas.
Hibernation is good for bears, but not so much for aircraft. When planes sit for extended periods, systems can erode and corrode, and bugs can make nests in key components. That’s a big safety concern airlines need to manage.
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.
Tensions between the U.S. and China are high on a number of trade, diplomatic and security fronts but are easing when it comes to air travel. Both governments are now allowing more flights from each country.
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.
United Airlines is slowly ratcheting up its passenger schedule each month as travel increases, but it’s a tricky game to figure out how much supply to add in an uncertain world.
United Airlines lost $1.6 billion in the second quarter. Given that a pandemic has hammered passenger travel, that’s relatively good. Company officials say maintaining capacity discipline for the foreseeable future is critical to get back to profitability.
United Airlines got pummeled by the coronavirus pandemic in the second quarter, losing $1.6 billion before special charges. But cargo revenue jumped because of the huge number of cargo flights it operated without passengers to worry about.
The Daily Dash is a quick look at what is happening today in the state of freight.
The air cargo market is getting closer to equilibrium, but the coronavirus is a wild card that could disrupt economic activity and put a premium on air transport again.
United Airlines said layoffs of more than 4,700 employees at airports in Houston and Dallas could be long term if economic conditions do not change.
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.
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.
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.
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.
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.
United Airlines’ new CEO is putting his stamp on the company right away with a new tteam to steer the company through the coronavirus pandemic and beyond.
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.
Airlines know 2020 will be financially bleak but are seeing some green shoots of customer activity as encouraging.
A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy […]
If you’re a forwarder and need more airlift to get goods around the world, you’re in luck. Airlines are listening and putting more assets to work.
Brett Hart served six months in 2015-16 as interim CEO of United Airlines while CEO Oscar Munoz recovered from heart surgery.
United Airlines is steeling itself for a worst-case scenario that leisure and business travelers will not resume flying anytime soon, even with coronavirus restrictions lifted.
United Airlines is getting $9.5 billion in U.S. government aid, but it still needs more money to stay afloat so it’s selling stock and borrowing.
Airlines and analysts are lowering expectations for a quick bounce back in business this summer because there still is so much uncertainty about the coronavirus.
Prominent transportation leaders are part of a business task force offering ideas on when and how to lift coronavirus restrictions.
Cargo has had a window view on some international airlines. Now U.S. airlines are looking to load boxes in the passenger cabin when operating in cargo-only mode. The next step — remove the seats altogether.
If you need coronavirus gear, who you gonna call? Logistics busters!
The idea of using passenger planes as freighters would have been considered farfetched in February since the main deck can’t be loaded with large pallets. But when there’s a pandemic and a shortage of cargo space, the logistics community gets creative and these planes are being booked at a rapid pace.
The airline industry’s recovery will be more U-shaped than V-shaped, experts warn.
Airlines expected to increase use of truck capacity to move cargo around the country.
Emirates, a dominant carrier in international long-distance travel, is grounding almost its entire fleet in a concession to the lack of business because of the coronavirus.
United Airlines’ executives and union leaders late Friday warned furloughs will begin soon unless the federal government enacts an emergency aid package for the airline industry and urged workers to […]
An airline bailout raíses questions of corporate welfare and could anger voters if they are left without jobs or suffer wage losses because of the coronavirus lockdown.
The coronavirus is an existential threat to the airline industry, Air Canada’s CEO says
It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.
It’s not exactly “Extreme Makeover,” but passenger airlines are flipping their planes into cargo haulers. Desperation breeds innovation.
The coronavirus is becoming an existential threat to the airline industry and companies are taking drastic steps to minimize financial losses.
American Airlines is cutting 75% of international wide-body flights because of the coronavirus, shifting bellies full of cargo to freighters that will increase shipping costs for automotive manufacturers and commodities from salmon to fashion wear.
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 cost-cutting even further.
Deutsche Lufthansa AG is moving rapidly to reduce costs and preserve cash flow as the coronavirus outbreak widens to more countries. Three days after announcing a series of expense reductions, […]
The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.