Air Freight News
Fraport Group – first quarter of 2020: Revenue and net profit heavily impacted by COVID-19 pandemic
In the first three months of 2020, the business of airport operator Fraport was heavily impacted by the outbreak of the COVID-19 pandemic.
Airlines, airports seen needing costly revamp for virus era
Airlines and airports must adopt even more measures against the spread of Covid-19, some of which would imply major new costs for an industry already…
Gatwick cutbacks mount with Virgin Atlantic the latest to flee
The coronavirus is muddying the outlook for London’s second-biggest airport.
Branson’s Virgin Atlantic to cut 3,150 jobs, shutter Gatwick
Virgin Atlantic Airways Ltd. will eliminate 3,150 jobs, or a third of the workforce, and shutter its London Gatwick hub to ride out the coronavirus…
World Routes and IATA Slot Conference to Focus on Recovery
As some governments look to ease restrictions imposed by the COVID-19 pandemic over the coming months, the travel and tourism industry must now plan ahead…
US Transportation Secretary Chao announces over $1 billion in grants to 439 airports in 50 states
U.S. Secretary of Transportation Elaine L. Chao announced today that the Department of Transportation’s Federal Aviation Administration (FAA) will award $1.187 billion in airport safety…
Comair warns on finances with South African flights months away
Comair Ltd. warned investors that the grounding of South African air travel has put its finances in a precarious position, with the carrier preparing for…
Boeing jumps after job, output cuts reveal plan for virus era
Boeing Co. soared after executives outlined a road map to survive the worst downturn in aviation history, and assured investors that the company has the…
Ontario Airport plans to tap stimulus grant as airline schedules show 60% reduction in commercial flights
Ontario International Airport (ONT) officials expect significantly lower passenger volumes based on flight schedules for May, extending a trend since March as a result of…
Medical protective equipment arriving at Munich Airport
Against the backdrop of the coronavirus crisis, Munich Airport is becoming increasingly important for the transportation of relief supplies and personal protective equipment. Among the…