US Postal Service chief DeJoy steps down
Postmaster General Louis DeJoy, who led efforts to restructure the money-losing U.S. Postal Service for nearly five years, has resigned effective immediately, the agency said…
Qantas CEO says Project Sunrise flights to start in 2027
Australia's Qantas will start Project Sunrise ultra-long-haul flights in early 2027 after receiving the first of 12 dedicated Airbus A350-1000 aircraft at the end of…
Trade of Venezuelan oil to China stalls after new Trump order
Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump's order threatening tariffs on countries buying from Caracas created…
China’s commerce minister meets with Boeing Global president
China's Commerce Minister Wang Wentao met with President of Boeing Global Brendan Nelson on Tuesday, and called on the planemaker to deepen cooperation with China's…
Shell raises shareholder distributions and LNG sales target, trims spending
Shell on Tuesday pledged to return more cash to shareholders on the back of higher LNG sales, mainly via buybacks, trimmed its investments through 2028…
Schneider Electric to invest over $700 million in US to power AI boom
Schneider Electric said on Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid tariff threats that…
How Russian energy trade might change if sanctions are eased
As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one…
CargoTech: Providing meaningful recommendations to navigate volatile markets
Speed, precision, and clarity are needed to successfully navigate today’s highly volatile air cargo market: three factors that form the basis of CargoTech’s growing portfolio…
Air Lease gets $329 million in insurance payout for jets stranded in Russia
Aircraft lessor Air Lease Corp said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft…
Airbus says next jet ‘evolutionary not revolutionary’
Airbus CEO Guillaume Faury said on Tuesday the planemaker's next single-aisle jet would be "evolutionary rather than revolutionary", but that this could include an open-rotor…
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