Air Canada

United Airlines surpasses 5,000 cargo-only flights since March

Close up of United Airlines tail fin, painted blue with globe picture. United is operating many planes as freighters.

United Airlines (NASDAQ: UAL) has operated more than 5,000 cargo-only flights since March 19, a significant milestone for an airline where passenger service dominated before the pandemic.

The passenger freighters have transported more than 170 million pounds of cargo, including medical supplies for the COVID-19 response, food aid and commodities for U.S. military bases, United said Wednesday on its blog.

The Chicago-based carrier quickly switched gears to transition Boeing 777 and 787 aircraft...

https://s29755.pcdn.co/news/united-airlines-surpasses-5000-cargo-only-flights-since-march

Delta Air Lines cabins to go naked

A big white Delta jet with blue tail early in takeoff. Delta wants to take out some seats in planes to make way for cargo.

Delta Air Lines (NYSE: DAL) is the only major U.S. airline that currently plans to take advantage of federal authorization to strip passenger aircraft of their seats and substitute boxes of cargo.

The Federal Aviation Administration (FAA) a month ago issued an exemption for domestic airlines to operate aircraft with floor-loaded cargo in the cabin, but the determination came after an airfreight bubble. Industry watchers wondered whether rates were still high enough to justify the conversion...

https://www.freightwaves.com/news/exclusive-delta-air-lines-cabins-to-go-naked

How Air Canada beat US airlines removing seats for cargo

Boxes of face masks and tied down with nets on the passenger cabin floor of plane after seats were removed. Air Canada was faster than U.S. airlines to modify planes for this type of cargo operation.

It took the Federal Aviation Administration two months to authorize U.S. airlines to remove seats from passenger aircraft for cargo purposes. Air Canada (TSX: AC) received its governmental OK in a week.

Industry urgency to innovate also was greater north of the border. Canada’s flag carrier was already flying cabin-loaded flights by mid-April, one month before U.S. carriers even applied through their trade association to remove seats from their airplanes.

The delay may have cost U.S. carriers...

https://www.freightwaves.com/news/how-air-canada-beat-us-airlines-removing-seats-for-cargo

Role Reversal: Passenger airlines make more from cargo sales in Q2

A white British Airways jet with cargo pallets waiting to be loaded on a sunny day. British Airways contributed heavily to IAG Cargo's strong Q2 cargo results.

Add Air Canada (TO: AC) and IAG Group (LSE: IAG), parent of British Airways, to the list of passenger airlines that significantly increased cargo revenues in the second quarter even as the coronavirus crisis otherwise destroyed the industry’s finances. 

Air France-KLM (CXE: AF) also came out ahead on cargo in last week’s earnings results, something many competitors, such as Cathay Pacific (OTCUS: CPCAY) and Delta Air Lines (NYSE: DAL), were unable to do.

In each case, cargo revenues notably grew...

https://s29755.pcdn.co/news/passenger-airlines-make-more-from-cargo-sales-in-q2

Outbound airfreight market tightens from China, Hong Kong

Cargo pallets come off a the rear door of a big cargo plane. China cargo capacity is shrinking and rates are going back up, according to the latest data.

Airfreight rates out of China are beginning to creep up again and there are signs the cost to ship goods to North America and Europe could quickly escalate again as shippers flock to air transport while the supply of aircraft falls.

A confluence of factors associated with a resurgent coronavirus, ocean freight dynamics, Hong Kong health safety rules and operational issues at all-cargo operators is causing the Chinese airfreight market to tighten, according to market researchers and logistics...

https://s29755.pcdn.co/news/outbound-airfreight-market-tightens-from-china-hong-kong

Air Canada cargo chief to head freighter operator Amerijet

A white Amerijet cargo plane with blue tail. Tim Strauss from Air Canada is the new CEO.

All-cargo carrier Amerijet International has named Tim Strauss, the vice president of cargo at Air Canada, as its new CEO, effective Aug. 17.

Vic Karjian, Amerijet’s current CEO, will become executive chairman and will focus on strategic planning, key partnerships and growth objectives, the company said Friday.

It is a big change for Strauss. He is changing countries and climates – from Montreal to Miami – but also moving from a passenger airline that offered daily scheduled service and marketed...

https://www.freightwaves.com/news/air-canada-cargo-chief-to-head-freighter-operator-amerijet

FAA clears airlines to remove passenger seats for cargo

Boxes stored in cabin where passenger seats normally go.

The Federal Aviation Administration late Friday gave U.S. airlines permission to remove passenger seats and transport cargo on the floor of the cabin in aircraft being deployed on cargo-only flights.

The exemption to existing regulations governing aircraft operations lasts for one year. The FAA also extended until July 10, 2021, its prior ruling that airlines could fly with cargo strapped into the seats through the end of this year.

The FAA’s response may be too late to benefit passenger airlines...

https://s29755.pcdn.co/news/faa-clears-airlines-to-remove-passenger-seats-for-cargo

Airlines chafe against UK quarantine as Europe opens travel

Pilot with face mask looking out window of big white jet.

An Austrian Airlines flight departed from Vienna at 6:30 a.m. Monday for Munich, Germany, marking the company’s first scheduled passenger flight in almost three months and the lifting of travel restrictions between European Union states. 

It’s good news for airlines that have suffered for months with almost no revenue, but an announcement from Lufthansa Airlines about mass layoffs is a stark reminder that the industry’s road back to financial health will be long and challenging. And while the...

https://s29755.pcdn.co/news/airlines-chafe-against-uk-quarantine-as-europe-opens-travel

What’s the future for global mail after Covid has put its stamp on services?

Europeans expecting mail from the US will need considerable patience in the coming months.
On 20 May, the US Postal Service (USPS) sent a consolidated shipment of mail from Chicago, New York and Miami across the Atlantic by sea, to arrive at the port of Rotterdam this week.
It was the fourth time the USPS resorted to ocean transport to move international mail since the Covid-19 pandemic hit international flows and the …

The post What’s the future for global mail after Covid has put its stamp on...

https://theloadstar.com/whats-the-future-for-global-mail-after-covid-has-put-its-stamp-on-services/

Air Canada raises $750 billion to boost liquidity

Big white Air Canada jet on runway.

Air Canada (TSX:AC) late Tuesday announced it is raising more than $750  million in working capital through the sale of CA$500 million ($357.5 million) of stock and a private placement of $400 million in bonds.

The development came the same day as the International Air Transport Association warned that airlines could eventually fail because of debt loads they are taking on to support operations. The coronavirus pandemic has caused drastic declines in airline earnings and cash as people stay home...

https://s29755.pcdn.co/news/air-canada-raises-$750-billion-to-boost-liquidity

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