Air Freight News
Virus stresses air-traffic with closures in Midwest, New York
Flights over parts of the Midwest were being rerouted Friday and the tower at one of New York’s airports temporarily closed in the latest disruptions…
Air France, Airbus lining up for government-backed bailouts
Air France-KLM and Airbus SE are poised to tap French government-backed loans as the coronavirus outbreak drains corporate cash reserves, according to people familiar with…
Trump and Mexico’s AMLO to discuss border travel restrictions
U.S. President Donald Trump and Mexican President Andres Manuel Lopez Obrador will speak Friday by phone about restricting travel across their shared border as the…
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Virus spurs American Air’s first cargo-only flights in 36 years
American Airlines Group Inc. is shifting some of its biggest idled jets to ferry just cargo -- the carrier’s first flights without passengers in nearly…
Boeing faces once-unthinkable cuts, factory outbreak, Haley uproar
As it pleads for help in Washington, Boeing Co. is mapping out a series of drastic steps it may have to take to conserve cash…
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Critical medical supplies are stuck in China with no planes to ship them
Michael Einhorn’s Chinese suppliers of masks and surgical gowns have finally restarted production. His challenge now is to find cargo space to get them to…
Norwegian Air state aid falls short as bonds hit record low
Norwegian Air Shuttle ASA secured government funding worth up to $270 million under certain conditions, keeping it alive for now while the coronavirus still threatens…
Boeing weighs deep cuts with $60 billion bailout bid pending
As it pleads for help in Washington, Boeing Co. is mapping out a series of drastic steps it may have to take to conserve cash…
Desperate airlines await bailout; Air Canada lays off 5,000
For airlines caught in the eye of the coronavirus storm, Canada’s second fiscal act can’t come soon enough.
Putin won’t bow to what’s seen as Saudi oil-price blackmail
Russian President Vladimir Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia, signaling the price war that’s roiling…