Air Freight News
Port of Oakland debt ratings affirmed by Fitch
Fitch Ratings has affirmed its ratings on Port of Oakland debt.  The agency last week announced the following ratings for Port bonds:
Royal Jordanian suspends Rome flights over virus concerns
Royal Jordanian Airlines suspended its flights from Amman to Rome starting Wednesday until further notice to protect travelers from the rising number of coronavirus cases…
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South Africa raises bailout for stricken airline to $1.1 billion
South Africa almost doubled the level of funding for the national airline to 16.4 billion rand ($1.1 billion), cash that will go toward supporting a…
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Levi’s CEO urges innovation in addressing RILA conference
Innovation is critical to the success of retailers at a time when consumers may well be buying less, according to the top executive of Levi…
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Heathrow says halting new runway would be ‘financial suicide’
London Heathrow airport stepped up its defense of a $20 billion third runway, saying a government decision to block the project would amount to “financial…
South Korea’s virus-hit currency may heighten Trump’s ire
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Boeing dangles funds for Max simulator sessions ahead of return
Boeing Co. is in talks with prominent customers about funding simulator training on the 737 Max once it’s cleared to fly again, in a bid…
Jet Air creditors to ask curt to extend liquidation deadline
Creditors of Jet Airways India Ltd. are seeking court action to save the bankrupt carrier from liquidation as a key deadline looms.
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Lufthansa freezes hiring as coronavirus outbreak squeezes demand
Deutsche Lufthansa AG is adopting a package of cost-saving measures, including a hiring freeze, as the economic fallout of the coronavirus starts to bite. The…
Johnson’s freeport idea is full of holes
British freeports wouldn’t be the same as America’s Foreign-Trade Zones. It’s far from clear that the costs would be worth it for business and the…