Air Freight News
Air France-KLM CFO rejects any talk of carrier’s breakup
Air France-KLM Chief Financial Officer Frederic Gagey rejected any talk of a breakup of the Franco-Dutch carrier, saying the decade-and-a-half-old union will help the company…
Oil poised for worst month since March with growing virus curbs
Oil is set for its largest monthly decline since March as a resurgent pandemic forces tighter restrictions, signaling weaker demand for auto and aviation fuel.
Boeing supplier says new jet may hinge on success of Max return
Boeing Co.’s decision on whether to launch a new, midrange jetliner is likely to hinge on the success of the 737 Max as it returns…
Click to Read More
Brexit sparks a battle over Chinese bikes as U.K. ends EU levies
British bike manufacturers are warning they face competition from a wave of cheap Chinese imports after Brexit as the U.K. abandons European Union anti-dumping rules.
Taiwanese growth rebounds on export boom and domestic stimulus
Taiwan’s economy expanded at its fastest pace in more than two years, with the quick control of the Covid-19 pandemic and the benefits of U.S.-China…
Daimler invests in lidar startup to bolster self-driving truck effort
Daimler AG’s truck unit is investing in a laser-sensor startup to bolster its development of self-driving trucks in the U.S. less than a week after…
Click to Read More
Hong Kong takes formal WTO action On U.S. ‘Made in China’ order
The Hong Kong government is taking formal action at the World Trade Organization against the U.S. over pending regulation that the city label goods manufactured…
British Airways owner trims expenses with furloughs, job cuts
IAG SA said state furlough programs and outright job cuts helped hold down operating costs in the third quarter, helping the owner of British Airways…
China focuses on building its own core tech as U.S. curbs supply
China said it needs to build its own core technology because it can’t rely on buying it from elsewhere, as the Communist Party laid out…
Click to Read More
Berlin’s $7 billion airport finally opens in the depths of a crisis
The project’s history — an eight-year delay, automatic doors that lacked electricity, too-short escalators — is an embarrassing tale for Germany.