Air Freight News
Fitch takes rating actions on select US regional airports amid coronavirus disruptions
Fitch Ratings has affirmed the ratings on the following regional origination and destination (O&D) airports; however, the Rating Outlooks have been revised to Negative from…
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Qatar Airways: Airport plans temporary 40% staff cut
Qatar Airways, one of the top Middle Eastern carriers, said there was a temporary reduction of 40 percent of staff at Hamad International Airport due…
Fitch takes rating actions on US large airports and major hubs amid coronavirus disruptions
Fitch Ratings has affirmed the ratings on the following large airports and major airline hub facilities; however, the Rating Outlook has been revised to Negative…
BA suspending Gatwick flights broadens European shutdown
British Airways suspended operations at its second London hub at Gatwick airport as the airline industry enters deep hibernation to weather the impact of the…
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Mnuchin asks airlines to propose financial stake in aid bid
Airlines will be required to propose up-front how the federal government could retain financial stakes in their companies in exchange for a share of $61…
Congressional stimulus boosts airport liquidity
The $10 billion in assistance for airports provided in the $2 trillion stimulus package recently agreed to by Congress, and signed into law by President…
Ontario International Airport outlook for April
Ontario International Airport (ONT) officials are adjusting airport operations and services to reflect reduced passenger flight schedules in April as the aviation industry continues to…
ITS America Statement on FCC’s Temporary Opening of 5.9GHz Spectrum Band
the FCC announced it has granted temporary access to the 5.9 GHz ‘safety spectrum’ to wireless providers in response to the COVID-19 pandemic.
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Statement to the UK Government from Craig Smyth, CEO, WFS
Support and immediate action is needed now to maintain the UK’s cargo (and passenger) airport handling capability to ensure cargo supply lines can continue to…
Critical airport services weeks from grinding to a halt in major threat to UK supply chain
Business leaders from the four main cargo and ground handling companies – Swissport, dnata, WFS and Menzies – are today warning of the imminent collapse…