Air Freight News
Buffett-backed truck stop to buy ethanol plant as recovery eyed
A sprawling truck stop chain partly owned by Warren Buffett’s Berkshire Hathaway Inc. is buying an ethanol plant just as the beleaguered industry may be…
EasyJet hunkers down as travel curbs wipe out flight demand
EasyJet Plc said it expects to fly at no more than 10% of normal capacity during the current quarter and withheld guidance for the year…
Ryanair seeks to topple Lufthansa’s rescue at EU court
Ryanair Holdings Plc sought to shoot down Germany’s multi-billion euro bailout for Deutsche Lufthansa AG, asking a European Union court to cancel EU approval.
China’s binge on Iranian oil in focus following tanker seizures
An increase in Iranian oil exports to China has received some unwanted attention in recent days and is now prompting fears of a clampdown.
New Zealand says ally Australia should ‘show respect’ to China
New Zealand has suggested that its close ally and neighbor Australia should follow its lead in treating China with respect in order to mend strained…
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DP World advances in Israel port bid as Turkish firm faces check
Israeli officials have cleared United Arab Emirates port operator DP World to move forward in the privatization of Israel’s largest port but have kept Turkey’s…
Chevron, Reliance meet with US officials to discuss Venezuela
Chevron Corp. and Reliance Industries Ltd. are meeting with U.S. State Department officials to request a rollback of some of the previous administration’s restrictions against…
American Airlines surges after mention in Reddit stock forum
American Airlines Group Inc., the most shorted major U.S. carrier, surged after a mention on Reddit’s Wall Street Bets forum.
Boeing’s 777X charge, 787 woes make Max the key to turnaround
Boeing Co.’s turnaround is riding on the slender wings of its 737 Max after its newest jetliner was delayed by another year and manufacturing defects…
Delta CEO sees ‘great bargains’ spurring spring travel rebound
Delta Air Lines Inc. expects low ticket prices to be widely available as vaccines begin to corral the coronavirus pandemic over the next 90 days,…