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Air Cargo: Page 23

Biden’s Antitrust Push Across Agencies Is Working to Block Deals

For decades, the Justice Department and FTC have taken the lead on competition issues, but a Presidential executive order called on industry regulators to engage in independent oversight of mergers, acquisitions, and joint ventures.

JetBlue and Spirit airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida. Photographer: Eva Marie Uzcategui/Bloomberg

Frankfurt Cargo Volumes Down Again in February

The German air cargo hub in February registered an 11% year-on-year decline in cargo volumes to 146,620 tonnes. which were also 9.1% behind pre-COVID 2019 levels.

Photo: Fraport.com

Airlines Are Struggling With Engines Just as Travel Rebounds

More carriers are flying with the latest-generation turbines that — while as much as 20% more fuel efficient — also have been prone to far more frequent maintenance cycles than their more robust predecessors.

Photo: Bloomberg

JetBlue’s $3.8 Billion Spirit Deal Challenged in DOJ Antitrust Suit

The deal would remake Spirit in the mold of JetBlue, eliminating the largest of the country’s ultra-discount carriers that are favored by the most price-conscious travelers.

Photo: iStock.com/Laser1987

Lufthansa Joins Peers in Predicting Travel Recovery This Year

While European household and company budgets continue to get squeezed by high inflation, demand for business travel and summer getaways in particular has remained robust.

Photo: iStock.com/tarasov_vl

Delta Pilots Approve Contract Raising Pay by 34%

The new contract raises the standard for contract negotiations underway at other large U.S. airlines.

Photo: Delta Airlines

Airlines Turn Market Darlings as Covid Forces Financial Clean Up

Unloved during the pandemic with their business paralyzed almost overnight, airlines that cut back to survive the crisis are now blowing through profit forecasts and luring back investors.

Virgin Australia aircraft at Sydney Airport.

Boeing Set to Score 15 Max Jet Order From Hong Kong Airline

Boeing plans to launch mainland Chinese flights to Beijing and Shanghai and to Osaka in central Japan, according to the company’s website.

Photo: Bloomberg

Airline Safety System That Failed Must Wait to 2030 for Fix

One of the worst near-disasters in U.S. history, pilots of an Air Canada flight from Toronto to San Francisco missed a notice about a closed airport runway buried in 27 pages of Notams and other bulletins.

Photo: Bloomberg

Boeing-DOJ ‘Sweetheart Deal’ Decried by Victim’s Wife

The proceedings mean that, for the first time, the company will be formally charged in court in relation to the two crashes, and will have to plead guilty or not guilty.

Photo: Bloomberg

Airfreight Operators Favor Regional Airports Over Hubs

Regional airports are benefitting as manufacturers and logistics middlemen look for faster paths to factories.

Greenville-Spartanburg International Airport. Photo: Greenville-Spartanburg International Airport District

Amazon Air Launches in India, Defying Slowdown Fears

Demand for air cargo has cooled, with the sector projected to slow down further this year.

Photo: Bloomberg

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