Airlines turn to cargo for revenue as US Senate nears industry aid vote

Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter services on passenger planes to boost revenue as the U.S. Senate neared a vote on a bill to give its carriers US$58 billion in aid, including payroll support.

"That is going to be heartbreaking for those people. This is no fault of theirs," Scurrah told the Australian Broadcasting Corp on Thursday."This is the worst airline crisis the industry has ever seen." In a win for labor, companies receiving funds cannot lay off employees before Sept. 30 or change collective bargaining agreements.

"We've shared these options with our global cargo customer base and are getting some strong interest from customers wanting to ship to and from Shanghai, Hong Kong, San Francisco, Los Angeles, Sydney and Melbourne," Air New Zealand General Manager Cargo Rick Nelson said.

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US: Stocks open higher ahead of Senate vote on stimulus bill[NEW YORK] Wall Street stocks opened higher Wednesday as markets awaited a vote on a US$2 trillion package agreed by congressional leaders to boost the US economy ravaged by the coronavirus outbreak. Read more at The Business Times.
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