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Alex Lennane

FAA issues guidance for passenger cabins carrying freight

Alex Lennane

There has been some concern, possibly competition-related, from freighter operators about whether the rules on carrying cargo on passenger aircraft are as thorough as they are for freighters. But the new US safety alert includes information on weight, balance, fire suppression and dangerous goods â€...

Alex Lennane

CNBC interview: American Airlines CEO Doug Parker

Alex Lennane

He also talks about whether the market is now close to the bottom (“it certainly feels like it”), how the carrier will manage its fleet (retirements of older aircraft), moving cargo in passenger seats, and missing out on low oil prices. Worth a read. Read more... ...

Alex Lennane

Schiphol: cargo keeps flowing during the Covid-19 outbreak

Alex Lennane

It is now seeing 360 cargo flights a week, up 100 since before the crisis. Noting that “close cooperation is very important now,” the airport said that its “main focus is making sure that the current skeleton network is maintained and freight demand accommodated, especially medical supplies an...

Alex Lennane

Capitalists or cronyists? Life after Covid-19

Alex Lennane

He argues that the “capital structure of private firms is meant to balance upside and downside”, and that airlines in the US spent $45bn on buybacks and now want a $54bn bailout, “disincentivising other firms (eg, Berkshire Hathaway) that have built huge cash piles foregoing cur...

Gavin van Marle

Covid-19 also brings a heightened risk of fraud

Gavin van Marle

“These are perfect circumstances for the fraudster, given that your ordinary business processes are disrupted and under strain,” it warned. “The exposures are arguably heightened further since the focus of the authorities naturally lies elsewhere – and reduced legitimate work may induce more...