passenger airlines Archives - Page 10 of 10

North American passenger airlines expand cargo flights in May

24 May 202013 May 2020

A big white jet gets loaded with pallets of cargo.

Having gotten a taste of flying on-demand and scheduled cargo-only flights, U.S. and Canadian passenger airlines are doubling down on their new business model in May.

Cargo is one of the few sources of revenue for airlines these days and after idling most of their fleets because of coronavirus travel restrictions and safety fears, shippers are itching to find available air transport to move their goods.

Delta Air Lines (NYSE: DAL) on Wednesday is turning its frequent Shanghai-to-Los Angeles and...

https://s29755.pcdn.co/news/north-american-passenger-airlines-expand-cargo-flights-in-may

Delta Air Lines cranks up cargo-only flights from Asia to U.S.

24 May 202012 May 2020

A big white Delta plane lifts off from runway.

Delta Air Lines (NYSE: DAL) said it will increase its passenger freighter flights from Seoul, South Korea, to Atlanta and Los Angeles to daily service beginning May 13 in response to continued growth in demand to transport medical supplies and other products from Asia to the U.S.

In March, passenger airlines began repurposing some of their aircraft for dedicated cargo operations after travel demand fell off a cliff due to coronavirus travel restrictions. Consequently, shippers were left with a ...

https://www.freightwaves.com/news/delta-air-lines-cranks-up-cargo-only-flights-from-asia-to-us

Coronavirus pushes Avianca Airlines to file for bankruptcy

24 May 202011 May 2020

A white and red Avianca plane on the runway.

Avianca Holdings SA, the second-largest airline in Latin America, filed for bankruptcy protection in U.S. federal court on Sunday, saying it needs relief from creditors as it restructures in an effort to survive the worst crisis in aviation history.

The Colombian flagship carrier suspended all domestic and international passenger operations in late March because of the coronavirus pandemic but has maintained cargo operations with its fleet of dedicated freighters as well as passenger jets used...

https://s29755.pcdn.co/news/coronavirus-pushes-avianca-airlines-to-file-for-bankruptcy

Deluge of medical cargo cripples Shanghai Pudong airport

24 May 20208 May 2020

Freight gridlock at Shanghai Pudong International Airport is so bad that some cargo planes are being forced to leave nearly empty and logistics companies are recommending ocean transportation as a faster option.

Airfreight professionals describe an operational meltdown, with trucks stuck in queues for two to three days to drop off shipments and boxes piling up in warehouses unable to get put on aircraft because Chinese customs officials and ground handlers are overwhelmed by the surge in export...

https://s29755.pcdn.co/news/deluge-of-medical-cargo-cripples-shanghai-pudong-airport

United Deep Dive: Earnings call underscores airlines’ disciplined survival plan

24 May 20204 May 2020

No one knows when the economic depression will end. It’s no surprise that many companies lost money in the first quarter and will have worse results during the second quarter. Instead, investors are trying to figure out who is able to recover fastest and win market share in a post-pandemic reopening.

That’s why no one cares that United Airlines (NASDAQ: UAL) lost $1.7 billion in the first three months of the year. For the airline industry the metrics that count now are liquidity and cash burn....

https://s29755.pcdn.co/news/united-deep-dive-earnings-call-underscores-airlines-disciplined-survival-plan

United Airlines plans for worst, hopes for best

24 May 20201 May 2020

United Airlines’ President Scott Kirby on Friday laid out a stark future for the airline industry, saying the carrier is preparing for a scenario in which there is no passenger revenue into next year and it will have to dismiss thousands of workers if travel doesn’t rebound from the coronavirus crisis.

In a matter of weeks, the pandemic has vaporized an industry that was seeing record growth, turning airports into ghost towns and airplanes nearly empty. United appears to be the most pessimistic...

https://www.freightwaves.com/news/united-airlines-plans-for-worst-hopes-for-best

DB Schenker, Airbus innovations maximize cargo space in passenger jets

24 May 202030 April 2020

A big passenger plane gets loaded with cargo in the hold.

Logistics and aviation companies are proving extremely resourceful developing ways to add cargo capacity to an air transport system experiencing severe bottlenecks due to the shortage of freight-capable aircraft.

On Thursday, Germany logistics group DB Schenker announced it has created a virtual airline in partnership with Icelandair to shuttle medical supplies to Europe and the U.S. on passenger planes with seats removed. And giant aircraft manufacturer Airbus said it also has developed a...

https://www.freightwaves.com/news/db-schenker-airbus-innovations-maximize-cargo-space-in-passenger-jets

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