Air Freight News
US Transportation Secretary Chao announces $9.8 million in infrastructure grants to Massachusetts airports
U.S. Secretary of Transportation Elaine L. Chao announced today that the Trump Administration will award more than $1.2 billion in airport safety and infrastructure grants…
Swissport agrees on comprehensive restructuring
Swissport has agreed to a comprehensive restructuring with creditors and shareholders including a debt-for-equity swap and a new 500 million euros long-term debt facility.
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Unsafe Chicago O’Hare runway prompts $1.57 million FAA fine
The federal government proposed a $1.57 million fine on the city of Chicago after officials at O’Hare International Airport failed to follow safety procedures before…
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Air France KLM Martinair Cargo ready to transport COVID-19 vaccines
Air France KLM Martinair Cargo strives to offer a global airfreight network to help keep supply chains running. This has always been essential, but even…
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Indonesia’s biggest airport operator looks to cargo amid slump
Indonesia’s largest airport operator is pushing ahead with the construction of a new goods-handling facility in Jakarta, betting the movement of cargo will help an…
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Pharma-Hub Frankfurt Airport is the leading European hub for the handling of temperature-sensitive goods
At Frankfurt Airport (FRA), approximately 120,000 tons of vaccines, medications and other pharmaceutical products were handled in 2019. This makes FRA the European leader. In…
U-Freight still sees project activity for airline repair companies, despite Covid-19
Hong Kong-based freight forwarder and logistics company, U-Freight says that while the crisis caused by the Covid-19 pandemic has caused a significant reduction in movements…
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Swissport securing additional liquidity and agreement in principle
A group of senior secured creditors has committed to provide 300 million euros of interim liquidity to support operations through the completion of the restructuring.…
UK working on Covid tests at airports to ease quarantine
U.K. Health Secretary Matt Hancock said the government is working on introducing tests for Covid-19 at ports and airports, a move that would ease the…
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Swissport renews Qatar Airways Cargo contract
Swissport and Qatar Airways Cargo have renewed a contract covering airport ground services and air cargo handling at Amsterdam’s Schiphol airport and signed new 5-year…