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United pivoting from passengers to cargo-only into Dulles

Commercial airlines are taking a big financial hit amid the coronavirus pandemic. Orders to stay at home and socially distance have all but stopped passenger air travel, but some carriers, like United Airlines (NASDAQ: UAL), are pivoting.

Before the pandemic, United would mingle cargo and passengers, but it hadn’t flown cargo-only planes since 2000, said Chris Busch, the airline’s managing director of cargo. But in the last month, United has flown more than 20 passenger-free overseas flights, totaling at least 160,000 pounds of cargo, to Dulles International Airport, where it maintains a hub and employs some 1,100. Across its network, United has flown 560 cargo-only flights, carrying 9,350 tons of goods, since March 19.

The cargo it carries has generally shifted from electronics and clothing pre-pandemic to medical supplies and equipment, such as face masks, pharmaceuticals and hazmat suits. It’s often bound for laboratories, but in some cases makes its way to front-line health care workers,…

Read the full story from the Washington Business Journal.

Dulles airport leaders clarify who will pay for $22B, 15-year makeover

After President Donald Trump announced a more than $22 billion makeover of Dulles International Airport, questions quickly followed: Would taxpayers end up footing the bill? Or travelers? Metropolitan Washington Airports Authority leaders addressed the questions during a meeting Wednesday at which the board approved the first $15.5 billion piece of the project. "There have been statements out in the public that this is tax money. This is not tax money," MWAA President and CEO Jack Potter said. Funding will come from airport revenue sources such as parking fees and concession sales, along with airline payments, passenger facility charges and $14.2 billion in municipal bonds, said Andy Rountree, WMAA's chief financial officer.
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