Airline Industry

Virgin Atlantic secures emergency investment to fund operation

Cargo shown in the hold of a Virgin Atlantic passenger jet. Virgin Atlantic secured private funding to stave off bankruptcy.

Virgin Atlantic Airways said an emergency funding package and plan to restructure operations will keep it afloat as it tries to withstand a steep loss in business stemming from the coronavirus pandemic.

The British carrier, which is scheduled to restart passenger operations on Monday, said its recapitalization effort is worth $1.5 billion. Private investors and existing creditors are contributing £1.2 billion ($1.35 billion) in financing, while the airline is implementing £280 million ($351...

https://s29755.pcdn.co/news/virgin-atlantic-secures-emergency-investment-to-fund-operation

Delta cargo revenue drops despite freight-only flights

Cargo has been a bright spot for Delta Air Lines (NYSE: DAL), but the revenue from this business is still part of a $3.9 billion pretax loss for the second quarter.

Like other airlines, Delta in March shifted some passenger planes to cargo-only flights to carry personal protective medical gear and other high-demand products overseas to key U.S. markets. It also has made use of passenger quarters on some planes to handle certain cargoes.

Despite the cargo-only flights, the airline reported cargo...

https://www.freightwaves.com/news/delta-cargo-revenue-drops-despite-freight-only-flights

ITF: Enough is enough – World’s seafarers will now exercise right to leave ships amid Covid-19 failures

Steve Cotton

ITF: Enough is enough – World’s seafarers will now exercise right to leave ships amid Covid-19 failures

15 JUNE 2020

The International Transport Workers’ Federation (ITF) and its affiliated seafarers’ unions will now assist hundreds of thousands of seafarers to exercise their right to stop working, leave ships, and return home.

The new approach, which could be highly disruptive to global trade, comes after insufficient action by governments to designate seafarers as ‘key workers’,...

https://www.allaboutshipping.co.uk/2020/06/16/itf-enough-is-enough-worlds-seafarers-will-now-exercise-right-to-leave-ships-amid-covid-19-failures/

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

Aggreko ramps up moisture control for shipping and aviation

Aggreko ramps up moisture control for shipping and aviation

With fleets of vessels and aircraft forced into cold lay-ups and grounded due to the COVID-19 crisis, companies need to consider the risk of long-term damage due to uncontrolled humidity levels.

With the pandemic having a marked effect on demand for non-commercial shipping and flights, more aircraft and vessels than ever are being grounded or moored for cost-effective preservation. However, without an adequate moisture control strategy...

https://www.allaboutshipping.co.uk/2020/06/12/aggreko-ramps-up-moisture-control-for-shipping-and-aviation/

UK travel quarantine likely to be short-lived; Creches reopen to help hard-pressed parents; Sportel confident of October event…

UK travel quarantine likely to be short-lived; Creches reopen to help hard-pressed parents; Sportel confident of October event…

Good Morning Monaco

Wednesday, June 10, 2020

Having introduced a 14-day quarantine requirement for inbound voyagers on Monday, June 8, after waiting almost two weeks to do so, the UK government will rescind the rule as early as June 29, according to assurances given to an ad hoc pressure group.

https://www.allaboutshipping.co.uk/2020/06/10/uk-travel-quarantine-likely-to-be-short-lived-creches-reopen-to-help-hard-pressed-parents-sportel-confident-of-october-event/

Big queues at border, BA passengers turned back at Nice; Mint condition Porsche set to double in value; ACM does welcome U-turn on reopening…

Big queues at border, BA passengers turned back at Nice; Mint condition Porsche set to double in value; ACM does welcome U-turn on reopening…

Good Morning Monaco

Thursday, June 4, 2020

Many local residents took the opportunity to visit Liguria on Wednesday, June 3, the first day of the reopening of Italy’s border.

Mint condition Porsche set to double in value after 3 months in Monaco garage

What you can see here is Stuttgart’s latest...

https://www.allaboutshipping.co.uk/2020/06/04/big-queues-at-border-ba-passengers-turned-back-at-nice-mint-condition-porsche-set-to-double-in-value-acm-does-welcome-u-turn-on-reopening/

UN agencies call for urgent action on crew changes and keyworker designation for sea and air workers

UN agencies call for urgent action on crew changes and keyworker designation for sea and air workers

The heads of the maritime, labour and aviation organizations of the United Nations have issued a plea for urgent action on crew changes and for keyworker designation so that sea and air workers can be relieved and repatriated in a safe way during the COVID-19 pandemic.

In a joint statement (CL.4204/Add.18), the International Civil Aviation Organization (ICAO), International Maritime Organization...

https://www.allaboutshipping.co.uk/2020/05/27/un-agencies-call-for-urgent-action-on-crew-changes-and-keyworker-designation-for-sea-and-air-workers/

Descartes helps Nippon Cargo Airlines comply with New Mandatory Air Cargo Advance Screening (ACAS) Program

WATERLOO, Ontario, February 5, 2019 (GLOBE NEWSWIRE) – Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Nippon Cargo Airlines (NCA), a leading provider of air cargo transportation services, is using the Descartes Air Cargo Advance Screening™ (Descartes ACAS™) solution to meet the recent mandatory advanced security filing requirements for air cargo imports into the United States.

“Compliance with regulations,...

http://www.allaboutshipping.co.uk/2019/02/05/descartes-helps-nippon-cargo-airlines-comply-with-new-mandatory-air-cargo-advance-screening-acas-program/

DACHSER Offers Air Freight Charters for Peak Season Again

NOVEMBER 9, 2018 – This year, the logistics provider will be organizing charter flights for the Frankfurt—Shanghai—Frankfurt route again, offering customers in central Europe and China weekly round trips during air freight’s peak season.

“We are expecting this year’s peak season to be another strong one for air freight. Having our own charter means we can create premium capacity for our customers with fixed process and transit times,” says Timo Stroh, Head of Global Air Freight at DACHSER. “In...

http://www.allaboutshipping.co.uk/2018/11/09/dachser-offers-air-freight-charters-for-peak-season-again/

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