Archive

Caribbean Airlines operates historic cargo-only charter flight

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May 14, 2020 Caribbean Airlines utilized one of its Boeing 737-800 passenger aircraft for a cargo only charter service, on Friday 8 May 2020, for the first time in the airline’s history. This flight was part of the airline’s recently launched charter service, and was used to move essential supplies from Guyana to Cuba. The […]

Emirates SkyCargo’s global network grows to 75 destinations

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May 14, 2020 Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents. Through its wider reach, Emirates SkyCargo is able to transport essential commodities and other urgently needed cargo more rapidly across the world, allowing exporters and importers across markets to benefit from direct access to widebody […]

United’s first flight carrying cargo in-cabin takes off

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May 14, 2020 United continues to keep supply chains moving and to meet the demand for critical shipments around the globe. Recently, United received approval from the Federal Aviation Administration (FAA) to carry cargo in approved storage areas in the passenger cabin. The airline’s inaugural cargo-in-cabin flight flew from London (LHR) to Chicago (ORD) carrying […]

Avianca Holdings Takes Important Step Forward In Reorganization

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May 13, 2020 Avianca Holdings S.A. today announced that all “first day” motions related to the Company’s voluntary reorganization proceedings initiated on May 10, 2020 have been approved on an interim or final basis by the U.S. Bankruptcy Court for the Southern District of New York. Collectively, the orders granted by the Court at the […]

Qantas Stops Airbus, Boeing Aircraft Deliveries

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May 12, 2020 Due to the dramatic plunge in air passenger demand, Qantas Airways (QF) pauses Airbus and Boeing aircraft deliveries for the rest of the year. As the carrier expected the arrival of three Boeing 787-9 by the end of 2020 and the first part of the 18 Airbus A321neo ordered from August 2020 […]

Deutsche Post DHL Group happy as resilient business model pays off

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May 12, 2020 Deutsche Post DHL Group maintained its profitable growth trajectory in Q1 2020 despite the noticeable impact of the Covid-19 pandemic. Revenue improved by 0.9% to €15.5 billion, and operating profit (EBIT) came in at €592 million. Adjusted for a pandemic-related negative earnings impact of €210 million as well as negative effects of […]

FedEx Express moves critical COVID-19 supplies from Asia to France

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May 12, 2020 FedEx Express, a subsidiary of FedEx, processes thousands of medical shipments every day through its European hub based at Paris-Charles de Gaulle. In the past few weeks, FedEx Express flights, including intercontinental flights, have played a crucial role in fulfilling our commitment to containing and combating COVID-19. FedEx Express is the leading […]

British Airways owner plans to resume flights in July but warns demand won’t recover for 3 years

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May 7, 2020 British Airwys expects to resume part of its operations as of July. International Airlines Group (IAG), the owner of British Airways, Aer Lingus and Iberia, among others, said that it expects its airlines to take a “meaningful return to service” in July at the earliest. The resumption of flights by July depends […]

Air France-KLM Sees Multi-Year Recovery With $1.9 Billion Loss in First Quarter

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May 7, 2020 It was a terrible first quarter for Air France – KLM, and it’s unlikely to improve in the second. Air France-KLM lost 1.8 billion euros ($1.9 billion) in the first quarter, mostly just in a few weeks in March as travel restrictions grounded planes worldwide, and said Thursday that it will take […]

Deutsche Lufthansa AG negotiates stabilization package for the Group

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May 7, 2020 Deutsche Lufthansa is negotiating a stabilization package for 9 billion euros with the Federal Economic Stabilization Fund (Wirtschaftsstabilisierungsfonds – WSF) to finance the Lufthansa Group. The negotiations and the process of political decision-making are still ongoing. The negotiations on financing measures include a silent participation and a secured loan. The conditions are […]