Air Freight News
Some airlines will lose ‘shedload’ of money on oil, Ryanair says
Airlines that aren’t currently hedging their fuel bills are set to lose a “shedload” of money as a result of high oil prices, the head…
Airlines anxiously await road warrior return to office, air
Two years into the pandemic and the airline industry remains on standby for the return of business travelers.
Philippine Air president Santa Maria to step down, Star reports
Philippine Airlines Inc. President Gilbert Santa Maria is stepping down from his role in the carrier, the Philippine Star reported Sunday, citing unnamed people in…
What we know so far about potential US-EU sanctions on Russia
The U.S., U.K. and the European Union are finalizing a package of sanctions that could be imposed on Russia if it invades Ukraine, trying to…
BP’s Russian risk rises again as Ukraine crisis simmers
Of all the international oil majors, BP Plc potentially has the most to lose if the situation in Ukraine triggers a crisis between Russia and…
Sanctions are the economic weapon with a history of backfiring
As it threatens Russia with the toughest sanctions yet in the Ukraine standoff, the U.S. is potentially doubling down on a tool it’s used with…
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Lab-grown seafood on the menu for leading canned tuna maker
In the race for alternative proteins, lab-grown seafood could be next on the dinner table.
Russia sanctions bill moves closer in Senate ahead of briefings
(Bloomberg) -- U.S. senators are close to agreeing on a Russia sanctions bill that could include penalties even if President Vladimir Putin doesn’t send troops…
Aeromexico wins US court’s approval to exit bankruptcy
Grupo Aeromexico SAB won court approval to eliminate $1.1 billion in debt and hand an ownership stake to Apollo Global Management Inc., the investment firm…
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New York snowfall wraps up after storm snarls transportation
Snow will come to an end across New York City after sunset from the powerful nor’easter that snarled travel up and down the East Coast,…