Air Freight News
Stricken airlines risk clash with EU in bid to avoid refunds
Airlines grappling with their biggest peacetime crisis face a European Union legal headache after offering customers vouchers instead of immediate refunds for flights canceled amid…
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Trump Says He May Restrict Flights From New York Over Virus
President Donald Trump said his administration is weighing whether to halt flights from some of the cities hardest hit by the coronavirus outbreak -- including…
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Boeing Max return at risk in major work-from-home challenge
Of all the twists that have complicated the ungrounding of Boeing Co.’s 737 Max, this one might be the strangest: A global pandemic is keeping…
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Overflowing oil tanks have traders eyeing rail cars for storage
Oil companies are turning to rail cars to stash the crude they can’t sell, as the world runs out of places to store a growing…
American Air blunder forces carrier to cut leave offer in half
American Airlines Group Inc. botched its offer of paid time off to some pilots, forcing the carrier to pull back offers for 1,200 slots and…
Deal shows virus-hit airlines can sell debt but at steep cost
A bond deal by South Korea’s biggest airline showed that while carriers pummeled by the coronavirus pandemic can still sell debt, they will need to…
Trump to meet with oil executives reeling from price drop
Oil company executives reeling from a massive drop in prices were set to meet with President Donald Trump Friday as the administration seeks ways to…
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Pelosi joins critics of Mnuchin’s airline stock-for-aid plan
Leading House Democrats criticized the conditions the U.S. Treasury Department has proposed for providing emergency payroll-assistance grants to airlines, joining a growing backlash by industry…
CT Port Authority, State of Connecticut’s OPM, New England Central Railroad announce agreement to support future growth
The Connecticut Port Authority (the Authority), the Office of Policy and Management (OPM) and New England Central Railroad, Inc. (NECR), a subsidiary of Connecticut-based Genesee…
Boeing Max return at risk in ultimate work-from-home challenge
Of all the twists that have complicated the ungrounding of Boeing Co.’s 737 Max, this one might be the strangest: A global pandemic is keeping…