Air Freight News
Southwest to become second US airline applying for relief
Southwest Airlines Co. intends to apply for federal aid, becoming the second U.S. carrier saying it will seek government assistance after being battered by a…
Oil rebounds on China crude buying and Trump’s diplomatic push
Brent oil surged as China planned to start buying up cheap crude for its strategic reserves, while U.S. President Donald Trump said he thought Saudi…
The virus is bending most markets. Will renewable energy break?
It’s worth watching the disruption playing out in a few corporate sustainability markets to see how bad things will get.
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EasyJet Founder escalates fleet row with challenge to board
EasyJet Plc’s founder has called for a shareholder meeting to oust one of the discount airline’s directors, following through on a threat to remove the…
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Boeing expected to announce voluntary buyouts to all employees
Boeing Co. is expected to announce voluntary buyouts in a message to its 161,000 employees on Thursday, according to a person familiar with the plans.
Deal shows virus-hit airlines can sell debt but cost steep
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…
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…