Air Freight News
Apollo-rescued Aeromexico seeks an alternate lender
Grupo Aeromexico SAB is talking to prospective lenders who could replace Apollo Global Management Inc. in its bankruptcy rescue, according to people familiar with the…
Russia sold $5 billion in May as part of oil fund dollar dump
Russia sold $5 billion of U.S. currency from its oil fund in May as part of a drive to reduce exposure to the greenback and…
Castro’s negotiator waits on Biden to undo ‘cruel’ Trump policy
Donald Trump’s Cuba policies are now Joe Biden’s and they are taking a heavy toll on the Caribbean nation, according to the Cuban diplomat who…
Biden and Johnson vow to speed up opening US-U.K. travel
Joe Biden will meet Boris Johnson on Thursday ahead of the Group of Seven summit, where they will commit to resume travel between the U.K.…
Australia, Singapore working toward setting up travel corridor
Australia, which has started a flight corridor with New Zealand allowing quarantine-free travel between the countries, is working on a similar arrangement with Singapore, Prime…
Biden ‘business-like’ as Erdogan seeks a new era at first talks
Years of policy grievances and some personal history will hang over Monday’s first meeting of presidents Joe Biden and Recep Tayyip Erdogan, with expectations limited…
South Africa set to unveil strategic equity partner for SAA
South Africa’s government is set to announce that it has found a strategic equity partner for state-owned carrier South African Airways, according to three people…
United Airlines in talks to buy at least 100 Boeing Max jets
United Airlines Holdings Inc. is in advanced talks for a large narrow-body order that would include at least 100 Boeing Co. 737 Max jets as…
European airlines dragging feet on carbon curbs, group says
Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favoring an increasingly discredited offsetting program, according to climate watchdog InfluenceMap.
China approves legislation to hit back against US sanctions
Chinese lawmakers approved legislation aimed at giving the country more tools to counter U.S. sanctions in their intensifying rivalry.