Air Freight News
Norwegian Air hits record market value in logic-defying rally
Norwegian Air Shuttle ASA is facing its worst crisis ever and just went through a big restructuring, but the airline’s market value has never been…
Swiss watch exports plunged in April on coronavirus lockdowns
Swiss watch exports plunged the most in at least two decades as the coronavirus pandemic led to factory closures, shuttered shops and travel bans.
No green strings sttached in Lufthansa’s bailout package
Germany’s multi-billion euro bailout of Deutsche Lufthansa AG may cost the airline some precious airport slots, but one thing it won’t have to do is…
Philippines sells abandoned containers to make way for deliveries of essentials
The Philippines made good on its threat to negligent importers that it will sell overstaying containers to make way for new deliveries of essential items…
Oil trader Trafigura targets big boost to renewables portfolio
Commodities trader Trafigura Group is planning a major increase in renewable-energy investments over the next half-decade.
Pessimism among German exporters eases with economy past trough
Confidence among German exporters improved in May after officials within the country and around the world eased lockdown measures.
EasyJet CFO Findlay says he’ll leave after surviving ouster vote
EasyJet Plc Chief Financial Officer Andrew Findlay has informed the carrier that he plans to leave next year, days after facing down a demand for…
Latam Air files Chapter 11 bankruptcy, stymied by lockdowns
Latam Airlines Group SA, Latin America’s largest air carrier, sought bankruptcy court protection in New York after the Covid-19 pandemic grounded flights across the region.
I took one of India’s first flights in months. It was a pain.
As I checked in for one of the first flights in India in two months, the baggage-tag dispenser spat out five boarding passes for me.…
Signs emerge Asian airlines could take off with easing lockdowns
One notable industry yet to join the Asian equity rebound is airlines, hit especially hard by global restrictions on travel and tourism from the coronavirus…