Archive for May 2020 - page 2

AIR FREIGHT UPDATES Freighter conversions set to surge lloydsloadinglist.com With demand for passenger aircraft set to remain much diminished for several years and demand for freighter capacity likely to remain above normal levels for a similar period, freighter conversion companies […]

AIR FREIGHT UPDATES Manila partially reopens main airport splash247.com The Ninoy Aquino International Airport (NAIA), the main airport in the Philippines, reopened today for inbound international chartered and commercial flights. All flights had been put on hold for eight days […]

AIR FREIGHT UPDATES   Deluge of medical cargo cripples Shanghai Pudong airport freightwaves.com 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 […]

AIR FREIGHT UPDATES Shanghai Pudong backlogs expected to continue over coming weeks aircargonews.net Backlogs of cargo of Shanghai Pudong airport are expected to continue until at least mid- to late-May as demand for personal protective equipment (PPE) continues to surge. […]

AIR FREIGHT UPDATES Cargo handlers justify Covid surcharges lloydsloadinglist.com Freight forwarding and shipper representatives remain unimpressed by new coronavirus-linked cargo handling surcharges, despite efforts by some handlers to explain the reasons behind the extra fees and justify their application. Read more […]

AIR FREIGHT UPDATES Air Canada sees long road to recovery after big Q1 loss freigthwaves.com Air Canada (TO. AC) said it will take three years to get back to 2019 revenue and capacity levels, and that it is accelerating the […]

AIR FREIGHT UPDATES Air Canada posts billion dollar loss in Q1 insidelogistics.ca MONTREAL – Air Canada recorded a net loss of $1.049 billion in the first quarter of 2019. The company today reported first quarter 2020 EBITDA (earnings before interest, […]

AIR FREIGHT UPDATES Massive air cargo capacity gap threatens critical deliveries insidelogistics.ca GENEVA – Air cargo capacity dropped by almost 23 per cent in March, while volumes fell only 15 per cent. “At present, we don’t have enough capacity to […]