Home>News>
19 05, 2020

Emirates to cut 30.000 jobs as part of survival strategy

2020-05-20T09:08:51+02:00

Dubai-owned group seeks government support The world’s biggest long-haul carrier could shrink a payroll that stood at 105,000 in March by as much as 30% as it reduces costs [...]

Emirates to cut 30.000 jobs as part of survival strategy2020-05-20T09:08:51+02:00
18 05, 2020

May and June to be critical indicators for U.S. Cargo demand

2020-05-19T22:38:39+02:00

Experts are cautiously positive as blank sailings decrease Arrival schedules for May and June are set. U.S. ports will see double-digit declines in inbound capacity. Whether carriers will keep [...]

May and June to be critical indicators for U.S. Cargo demand2020-05-19T22:38:39+02:00
15 05, 2020

Hapag-Lloyd hit harder by Q1 cost raises than by Covid-19

2020-05-15T15:43:17+02:00

German container line states that it will remain financially healthy For the first quarter of 2020, Hapag-Lloyd recorded earnings before interest and taxes (EBIT) of $176 million (€160 million), [...]

Hapag-Lloyd hit harder by Q1 cost raises than by Covid-192020-05-15T15:43:17+02:00
14 05, 2020

Maersk records highest amount of idled fleet capacity in 10 years

2020-05-14T11:05:56+02:00

Shipping giant warns for sharp contraction in demand in the following months “Our expectation is that we will see demand significantly down in the second quarter, maybe as much [...]

Maersk records highest amount of idled fleet capacity in 10 years2020-05-14T11:05:56+02:00
12 05, 2020

Emirates reports 32nd consecutive year of profit in 2019

2020-05-13T08:43:07+02:00

Airlines determined to keep serving customers in a post-corona world The Emirates Group today announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to [...]

Emirates reports 32nd consecutive year of profit in 20192020-05-13T08:43:07+02:00
11 05, 2020

Air France-KLM publishes first quarter financial results

2020-05-08T17:03:01+02:00

Airline group expects recovery to take several years The globally imposed travel restrictions to counter the spread of the coronavirus has negatively influenced Air France KLM Groups financial results [...]

Air France-KLM publishes first quarter financial results2020-05-08T17:03:01+02:00