Air Canada has operated 4,000 all-cargo flights since launching into the cargo-only-flight business in March 2020. The milestone was reached with flight of AC 7227 — operated with a B777-300 — from Toronto to Lima. The flight carried an assortment of freight from around the world including pharmaceuticals, water purifying equipment and vehicle parts. Lucie Guillemette, executive VP and chief commercial officer, said: “Air Canada Cargo has emerged as an outstanding performer during the Covid-19 crisis and was a key player in transporting medical equipment including PPE to Canada early on. It is impressive that the cargo team re-engineered its business model and network for cargo-only flights in March and has now successfully operated 4,000 such flights onboard both mainline widebody aircraft, as well as seven transformed widebody aircraft enabling cargo transport in the cabin." <br/>
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LOT Polish Airlines will receive a financial support package worth hundreds of millions of euros as it wrestles with a crisis caused by the Covid-19 pandemic, Polish media has claimed. LOT will receive PLN 2.8b (E631.4m) in an aid tranche, of which PLN 1b is to be allocated to increasing the company's share capital. Another PLN 1.8b will be allocated from the Polish Development Fund for a liquidity loan. As the global passenger demand for air travel continues to slump, LOT has carried four times less passengers than in the previous year, reported the newspaper Dziennik Gazeta Prawna. Krzysztof Moczulski, an airline spokesman, said that the company, which had seen a 25-30% growth in the number of travellers recent years, has suffered a massive drop in traffic in 2020. "According to the latest data, this year we should handle about 3m passengers," he said.<br/>
Cash-strapped Air NeZ must pay NZ$40,000 for a "serious" breach of NZX rules covering the disclosure of material information. The NZ Markets Disciplinary Tribunal has found the airline earlier this year didn't release market-sensitive information when it became aware of it and making information public before informing the NZX. In its ruling the tribunal details information released about the impact of Covid-19 on the airline leading up to the afternoon of June 5 when Air NZ chief executive Greg Foran told staff, Airpoints members and "selected media" about a three-phase plan for the next 800 days. The three phases were labelled Survive, Revive, and Thrive. A key facet of the Survive phase was Air New Zealand's plans to further reduce its labour costs. This release was not announced via NZX's market announcement platform (MAP). Instead, it was released sequentially to staff, to selected media, and to New Zealand-based Airpoints members between 12.46pm and 3.26pm on the afternoon of 5 June. Story has details.<br/>