Air Freight News
The need for speed on America’s highways fulfilled with lockdowns
Confining Americans to their abodes helps keep them away from the coronavirus. It’s also distancing them from their home away from home: their cars.
Click to Read More
British Airways massive staff cuts bring fresh blow to economy
IAG SA’s plan to slash as many as 12,000 jobs at British Airways, a scale of cuts unseen since the coronavirus struck, is meeting opposition…
Click to Read More
Coronavirus delays first Commerce of World’s largest free-trade zone
The implementation of an Africa-wide free-trade agreement won’t proceed on July 1 as planned due to disruptions caused by the coronavirus outbreak, according to the…
Click to Read More
Vietnam’s rice exports ready to flow again as Premier ends curbs
Vietnam will end rice export restrictions from the start of May, bringing closure to a month-long saga that sparked fears over food protectionism and caused…
Airbus burns through $8.7 billion, warns of ‘gravest’ crisis
Airbus SE consumed an unprecedented 8 billion euros ($8.7 billion) of cash in the first quarter as Chief Executive Officer Guillaume Faury warned of the…
Southwest Air raises $4 billion with stock, bond sales
Southwest Airlines Co. raised about $4 billion by selling shares and convertible notes, stepping up a push to add liquidity as the coronavirus pandemic all…
China bets $600 billion on infrastructure to revive growth
China is trying to build its way out of the coronavirus slump.
Delta, citing planes with one passenger, wants to pare schedule
For most of April, Delta Air Lines Inc has flown just one passenger per day to and from Worcester, Massachusetts, and the company has asked…
Click to Read More
Meatpacking shutdowns force McDonald’s Canada to import beef
The threat of meat shortages from the coronavirus pandemic is hitting the golden arches.
Oil glut propels Thai shipping firm’s shares on storage demand
Prima Marine Pcl, among the world’s best-performing marine-transport companies the past month, is expanding its storage capacity as the supply glut of crude oil, gasoline…