Air Freight News
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Cleo advances risk management agenda for CIOs with latest platform updates
Cleo announces platform updates to improve risk management and enterprise scalability.
Southwest Airlines slows growth plans again with costs rising
Southwest Airlines Co. again trimmed growth plans for this quarter in response to rising costs and an industrywide glut of flights that’s pulling down fares.
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Biden’s natural gas plan coming soon as industry mounts lobbying blitz
The Biden administration is set to unveil plans within days for intensifying environmental scrutiny of applications to export natural gas, potentially stalling massive planned projects…
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ASML’s China sales surged despite secret Dutch deal with US
A secret agreement between the US and the Netherlands last year to limit ASML Holding NV’s deliveries to China didn’t stop a surge in sales…
Most of Russia’s war chips are made by US and European companies
Russia imported more than $1 billion of advanced US and European chips last year, despite restrictions intended to stop President Vladimir Putin’s military getting hold…
Wizz Air expects capacity to remain flat amid jet groundings
Wizz Air Holdings Plc expects capacity to remain subdued as the discount carrier faces disruptions from grounded aircraft and a tougher economic climate.
US plans ‘bigger picture exam’ of Boeing issues, Buttigieg says
The Biden administration will undertake a wide-ranging review of oversight and quality control at Boeing Co. after the planemaker’s latest missteps, Transportation Secretary Pete Buttigieg…
US, UK to sanction Houthis as they vow to continue ship attacks
The US and UK are set to sanction senior Houthi militants as the Iran-backed group continues its attacks on vessels passing through the Red Sea,…
Russia sees its natural gas exports recovering on higher shipments to China
Russia expects its pipeline gas exports to recover by almost a fifth this year, partially offsetting the loss of most of its European customers through…
American Air sees 2024 profit above analyst expectations
American Airlines Group Inc. expects profit this year to beat Wall Street’s estimates as it benefits from strength in demand for international flights and improved…