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Another US passenger airline will now also fly cargo freighters as more carriers court package hauling as a new source of revenue

Alex Tai/SOPA Images/LightRocket/Getty Mesa Airlines just announced a five-year cargo-flying contract with DHL Express starting October. DHL is sub-leasing two Boeing 737-400 freighters to Mesa with the possibility for more if the regio.....»»

Category: topSource: businessinsiderAug 1st, 2020

"Apocalypse now": Airlines turn to cargo for revenue as U.S. Senate approves aid package

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate unanimously passed a bill to give its carriers $58 billion in aid, including payroll support......»»

Category: topSource: reutersMar 26th, 2020

A small airline"s "stroke of genius" decision to carry Amazon packages possibly saved it from the disaster afflicting other passenger carriers

Sun Country Airlines Sun Country Airlines CEO Jude Bricker recently partnered with Amazon to begin cargo flying under the Amazon Air brand. The partnership was announced in Decem.....»»

Category: topSource: businessinsiderMay 7th, 2020

Substituting Cargo For Passengers Becomes Mainstream Business For Airlines

What started out a month ago as a niche, experimental business — turning passenger aircraft into dedicated freighters for cargo customers — has exploded in popularity and become a driver of sorely needed revenue for airlines. read more.....»»

Category: blogSource: benzingaApr 9th, 2020

Airlines turn to cargo for revenue as U.S. Senate nears industry aid vote

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers $58 billion in aid, including payroll support......»»

Category: topSource: reutersMar 25th, 2020

All-Cargo Carriers Eye Surge In Business As Coronavirus Pressures Airline Finances

Uncertainty continued to grip the passenger and cargo aviation markets this week as the coronavirus' swift spread to South Korea, Italy, the U.K. and Iran raised fears of a global pandemic that could significantly curtail trade and travel. read more.....»»

Category: blogSource: benzingaFeb 25th, 2020

Amazon Air expansion takes wing with regional carriers

The agreement marks the first time Amazon has hired a commercial passenger airline, though it has contracted with cargo shippers......»»

Category: topSource: foxnewsDec 18th, 2019

Boeing ending production of the 747 means cargo carriers will lose a key feature and be left scrambling when it"s gone

Passenger airlines are hurriedly saying goodbye to the Boeing 747 but the jet still has a long life ahead of it in the cargo realm. .....»»

Category: topSource: businessinsiderJul 31st, 2020

Boeing wins deal with German company for 737 Next Generation converted freighters

Taking old Boeing 737-800 single-aisle workhorses and converting them into cargo jets has given Boeing a nice sideline to its passenger jet business. It has won 132 orders, causing a production boost......»»

Category: topSource: bizjournalsJul 24th, 2020

American Airlines Cargo Revenue Sinks, Along With Q2 Profit

American Airlines Group, Inc. (NASDAQ: AAL) has offered cargo-only flights during the COVID-19 pandemic, but the new line of business didn't overcome the lost cargo moved on passenger airplanes tha.....»»

Category: earningsSource: benzingaJul 23rd, 2020

The world"s largest passenger plane was hollowed out to carry freight in the COVID-19 airlift. Take a look inside the first Airbus A380 cargo plane.

VanderWolf Images / Shutterstock.com The passenger cabin of the massive Airbus A380 operated by Portuguese charter airline Hi F.....»»

Category: topSource: businessinsiderJul 10th, 2020

Revenue at airline Avianca falls 51% through early June on coronavirus

Passenger revenue at Latin America's No. 2 airline, Avianca Holdings , has fallen 51% for the year as of early June compared with a year ago, the carrier said, in a look into the dire financial toll that the coronavirus has taken on the company......»»

Category: topSource: reutersJun 15th, 2020

Biting passenger delays flight? No compensation needed, says EU court

Airlines don't need to compensate passengers if a flight is delayed by one person biting another as it is an "extraordinary circumstance", the EU's top court ruled on Thursday after a customer sued Portuguese airline TAP over such an incident......»»

Category: topSource: reutersJun 11th, 2020

Breaking: FAA Approves Cargo To Ride In Passenger Seats

U.S. airlines will soon fly temporary freighters with cargo, instead of passengers, in the seats. read more.....»»

Category: blogSource: benzingaMay 22nd, 2020

Amid COVID Outbreak, Freighter Demand Boosts ATSG In Q1

It's much better to be a cargo than a passenger airline these days. The former has seen demand shoot through the roof; the latter's business has fallen off a cliff. read more.....»»

Category: blogSource: benzingaMay 6th, 2020

Amid COVID Outbreak, Freighter Demand Boosts ATSG In Q1

It's much better to be a cargo than a passenger airline these days. The former has seen demand shoot through the roof; the latter's business has fallen off a cliff. Air Transport Services Group, Inc. (NASDAQ: ATSG) delivered first-quarter ope.....»»

Category: earningsSource: benzingaMay 6th, 2020

Poland"s LOT in talks to convert Boeing Dreamliners for freight

Polish airline LOT is in talks with Boeing to modify its 787 Dreamliner jets into temporary cargo carriers, a LOT spokesman told Reuters, in a move that could help to narrow losses from the coronavirus crisis......»»

Category: topSource: reutersApr 27th, 2020

Major U.S. airlines accept government aid for payrolls; American and Alaska also seeking loans

The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion rescue package, ensuring airline workers have jobs until October while the industry battles its biggest-ever crisis......»»

Category: topSource: reutersApr 14th, 2020

Major U.S. airlines accept government aid for payrolls; American also wants a loan

The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion rescue package, ensuring airline workers jobs until October while the industry works to overcome its biggest-ever crisis......»»

Category: topSource: reutersApr 14th, 2020

Two carriers suspend passenger flights from Boeing Field

One airline and a public charter flight operator have stopped flying. There's no indication when they'll resume......»»

Category: topSource: bizjournalsApr 9th, 2020

U.S. Treasury chief to brief Trump on aviation aid review

U.S. Treasury Secretary Steve Mnuchin was due to brief President Donald Trump at the White House on Thursday about the government's review of requests for $32 billion in grants from passenger airlines, cargo carriers and airport contractors......»»

Category: topSource: reutersApr 9th, 2020