Price inflation has tapered off for many – not all – air cargo markets during the second half of August. Shippers shouldn’t get used to it.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
The airfreight market is a volatile conundrum. Overall, demand is down. But with few planes flying these days and everyone wanting a face mask, good luck finding affordable space for your shipment of auto parts or seafood.
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.
Virgin Atlantic has an extensive cargo network using passenger aircraft that are flying without passengers.
If it flies, it can be a cargo plane for coronavirus relief missions. Planes are being put to unconventional uses to support the coronavirus response, including cargo-only passenger aircraft with boxes in the seats or on the floor and heavylift cargo planes used by aircraft manufacturers to move wings and other aircraft sections.
If you need coronavirus gear, who you gonna call? Logistics busters!
Demand to move goods during the pandemic crisis is high, but available air cargo space is low. Passenger airlines are finding a robust market.
The coronavirus is becoming an existential threat to the airline industry and companies are taking drastic steps to minimize financial losses.
Delta, Virgin Atlantic and Air France-KLM together offer extensive trans-Atlantic route network and service capabilities.
