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Lufthansa Replicates Sharkskin To Boost Fuel Efficiency Of Cargo Jets
Monday, May 3, 2021 - 1:51pm | 834Read More...Lufthansa Cargo next year will cover its fleet of Boeing 777 freighters with a high-tech coating that mimics the structure of a shark's skin to reduce aerodynamic drag and fuel consumption, the company said Monday. The low-friction film consists of riblets measuring about 50 micrometers that...
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Lufthansa Cargo Begins Modernizing Frankfurt Warehouse
Friday, April 23, 2021 - 1:55pm | 330Read More...Lufthansa Cargo (DXE: LHA) is moving forward with the modernization and expansion of its logistics center at its Frankfurt Airport hub in Germany. The airline this week signed a contract Biechert Automation GmbH & Co. to build a central high-rack storage system with automated pallet storage and...
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FedEx To Expand International Air Offerings Next Quarter
Friday, March 19, 2021 - 8:17am | 969Read More...FedEx Corp. (NYSE: FDX) said Thursday night that it will roll out two intercontinental delivery products within the next couple of months as it looks to beef up its lagging global e-commerce operations and capitalize on the continued tightness of international air cargo capacity resulting from...
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Is Air Cargo Really A Bargain Right Now?
Friday, March 12, 2021 - 12:52pm | 2049Read More...This is an excerpt from Thursday's (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year...
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Amazon Investment Strengthens Partnership With Cargo Airline ATSG
Wednesday, March 10, 2021 - 1:23pm | 960Read More...Amazon.com (NASDAQ: AMZN) has taken a minority stake in cargo airline Air Transport Services Group (NASDAQ: ATSG), strengthening a strategic partnership in its fast-growing private air network that supports e-commerce fulfillment. ATSG said in an SEC filing Monday that Amazon for the first time...
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LATAM Cargo Moves Up Expansion Plan For Boeing 767 Freighter Fleet
Thursday, March 4, 2021 - 10:27am | 855Read More...LATAM Airlines, motivated by the exponential growth in e-commerce shipments and the availability of more resources resulting from restructuring, is accelerating plans to grow its cargo fleet up to 75% in three years with the conversion of up to eight Boeing 767 aircraft from its passenger fleet. ...
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For Airlines, Cargo No Substitute For People
Thursday, February 4, 2021 - 11:40am | 1462Read More...Air cargo and airline passenger business are inextricably linked, but they don't share the same path to recovery from the coronavirus pandemic. Shipment volumes have nearly recovered to their 2019 levels and will grow by double digits this year, while outbreaks of new coronavirus strains and more...
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Delta Grows Cargo Revenue, Narrows Loss To $2.1B In Q4
Thursday, January 14, 2021 - 3:23pm | 908Read More...Delta Air Lines (NYSE: DAL) cranked up cargo revenue in the fourth quarter to $204 million, a 10% gain over the same period a year ago and a big improvement from the prior two quarters. Overall, the company met Wall Street expectations with an adjusted pretax loss of $2.1 billion on $4 billion in...
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Airlines Reinstate Collection Of Federal Excise Tax For Air Cargo
Friday, January 8, 2021 - 5:10pm | 455Read More...Airlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to help the industry survive the economic fallout from the coronavirus pandemic. The $2.2 trillion economic stimulus package known as the CARES Act...
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Air Cargo Market Levels Off In November; Passenger Sector Sinks
Friday, January 8, 2021 - 10:30am | 802Read More...The airline industry contrast couldn't be more stark: International passenger demand during November was 88.3% less than in 2019, while cargo volumes were only 7.7% below the prior year's level, according to the International Air Transport Association. And the gap could widen with an explosion of...
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Delta Cargo Shuts Chicago Airport Facility For 9 Days
Wednesday, November 25, 2020 - 4:22pm | 466Read More...Delta Air Lines (NYSE: DAL) has shut its cargo facility at Chicago's O'Hare International Airport through Dec. 2 for what a spokesperson said was due to "an unforeseen staffing issue." In a message to customers on Monday, Delta Cargo said it is not accepting, delivering or transferring any...
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Airline Cargo Divisions Finally Gain A Little R-E-S-P-E-C-T
Wednesday, September 30, 2020 - 10:20am | 1576Read More...Air cargo is the cash cow for many passenger airlines during the coronavirus pandemic, an unusual result of decimated travel demand forcing passenger networks to shut down and carriers repurposing airplanes for cargo-only service. Other than cargo and loyalty programs, airline revenues are...
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Boeing Expands Freighter Conversion Lines As Orders Increase
Monday, September 21, 2020 - 2:03pm | 584Read More...Boeing Co. (NYSE: BA) has opened two additional lines overseas to convert former passenger planes to freighters as orders for the 737-800 and 767-300 increase. On Sunday, Boeing announced it had received an order from an unidentified customer to convert two 737-800s to freighters, increasing its...
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U.S. Airlines Cancel Hong Kong Flights Over Crew Testing
Friday, July 10, 2020 - 1:45pm | 843Read More...United Airlines Holdings, inc. (NASDAQ: UAL) and American Airlines Group Inc. (NASDAQ: AAL) have temporarily suspended flights to Hong Kong after the city imposed invasive COVID-19 testing on all arriving crew members. The first round of mandatory aircrew tests found four cases of infection,...
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Cargo-Friendly Airports Shine During COVID Crisis
Thursday, July 9, 2020 - 10:19am | 1277Read More...Secondary airports geared toward cargo are proving their value during the coronavirus pandemic as a faster alternative for delivering goods. Airports outside major metro areas have always had a speed advantage over international passenger gateways such as Chicago O'Hare and New York's JFK airport...
