Air France-KLM massive losses reignite cultural tensions in group
Air France-KLM reported a net loss of €1.8 billion in the first quarter. Ben Smith, the CEO of the Franco-Dutch airline group, will begin discussions with French unions on staff cuts. The financial crisis rekindled tensions between employees of the two airlines. The carrier recorded an operating loss of €815 million over the first three months of the year. Passenger traffic fell by 20.1% and unit revenue by 6.9%.
MoreIATA: Governments must ‘cut red tape’ to bridge capacity shortfall
By Rachelle Harry In its latest air cargo analysis, IATA has drawn attention to the capacity crunch — a knock-on effect of the coronavirus pandemic — and it has urged governments to “cut the red tape” when it comes to measures being taken to reduce the capacity shortfall. Alexandre de Juniac, IATA’s director general and chief executive, explained: “At present, we don’t
MoreAirAsia launches blockchain-based cargo booking platform
Teleport, AirAsia’s logistics division, has launched Freightchain — a new digital air cargo platform operated using blockchain. Freightchain enables freight forwarders and shippers to instantly book and confirm cargo on any of AirAsia’s 247 aircraft “without the need to go through traditional time-consuming sales or email channels”. The platform facilitates on-demand bookings in real-time
MoreExpress Air Freight in Times of Corona
With constantly changing flight schedules and passenger flights coming to a near standstill, time:matters, the expert for Special Speed Logistics is experiencing a challenging phase. To best master the business hurdles resulting from COVID-19, the company is continuously developing its flexible and customized global transport solutions. Just one example of many: To secure the transport of stem cells, the company convinced airline
More25 Million Jobs at Risk with Airline Shutdown
25 Million Jobs at Risk with Airline Shutdown Geneva – The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. Globally, the livelihoods of some 65.5
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