Air Freight News
Toronto Airport cuts workforce 27% with traffic at 1996 levels
The organization that runs Canada’s busiest airport will slash 27% of jobs after the Covid-19 pandemic decimated air travel, with no end in sight for…
EU to resist further travel opening with new virus wave a risk
The European Union will recommend keeping its external borders shut to Americans and most other foreigners for at least two more weeks as fears grow…
US FAA faults Pakistan’s civil aviation safety standards
U.S. aviation regulators downgraded the safety ranking of Pakistan’s civilian airline system in the latest action following revelations that hundreds of commercial pilots received faked…
Heathrow closes one runway for repairs with traffic down 95%
London Heathrow airport, normally the busiest in Europe, will close one of its two runways for repairs at the height of the summer season, a…
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Fraport Passenger Numbers Remain at Very Low Levels
Frankfurt Airport and Fraport’s Group airports worldwide see substantial year-on-year decline in passenger traffic – June shows slight improvement from May
Munich Airport announces half-year results 2020
After years of continuous traffic growth, the global spread of the coronavirus has caused passenger numbers at Munich Airport to drop again for the first…
Stonemont expands DFW presence with infill industrial development by McKinney Airport
Stonemont Financial Group, a privately held real estate investment firm specializing in industrial development and net lease assets, announced today that it has commenced construction…
Heathrow aims to trial virus tests opening way to US flights
London’s Heathrow airport plans to conduct trials of a coronavirus testing procedure that could allow the scrapping of quarantine rules for people arriving from territories…
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FACL new handling partner at Frankfurt hub
Fiege subsidiary takes over parts of the physical freight handling in the LCC
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Virgin Australia Bondholders Seek to Block Sale to Bain Capital
Virgin Australia Holdings Ltd. bondholders asked the country’s deals regulator to let them pitch a plan to rescue the airline in an effort to derail…