Air Freight News
Bolloré Logistics receives 92 tons medical equipment from China at the Geneva Airport
Bolloré Logistics is thus participating in the establishment of an air bridge between China and Switzerland to ensure the logistics operations of essential pharmaceutical products…
Zara Owner Ramps Up Shipments to Asia as Shoppers Return
Inditex SA’s main import and export airport hub in Spain is ramping-up as business in Asia picks up, following restrictions due to to the coronavirus…
Frankfurt Airport: Weekly Traffic Figures for March 30 – April 5
Cargo flights with a more than 20 percent increase in comparison with the previous year's period – This increase compensates only partially for the decline…
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HNA’s Swissport to Hire Houlihan Lokey to Advise on Debt
Swissport International AG, the airport ground services firm owned by beleaguered Chinese conglomerate HNA Group Co., hired advisers to review its debt as passenger air…
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…