Air Freight News
IBA forecasts 10% increase in Chinese New Year airline seats from 2020
The total number of scheduled airline seats to China during the seven-day period leading up to and following Chinese New Year (22nd January - 5th…
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First JetBlue flights from Manchester, New Hampshire take off today
New England’s leading leisure carrier, today announced it has officially launched service from Manchester-Boston Regional Airport (MHT), complementing its focus city operation at Boston Logan…
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Union investigates claims that Boeing is sending work to non-union locations
Boeing's engineering union is formally investigating claims from its members that the company is moving work to non-union locations in the United States and overseas.
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American Airlines forecasts weak 2025 profit on costly labor deals
American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts signed last year, sending…
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Lufthansa Airlines ‘not there yet’ on profitability, says CEO
Lufthansa Airlines aims to be profitable again but still has a ways to go despite the initial success of its restructuring plan, CEO Jens Ritter…
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US Senate Committee advances Trump nominee to head Transportation Department
The U.S. Senate Commerce Committee voted to advance President-elect Donald Trump's nominee to head the U.S. Transportation Department.
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United Airlines fourth quarter profit ahead of expectations
United Airlines (UAL) today reported full-year and fourth-quarter 2024 financial results. The company had full-year pre-tax earnings of $4.2 billion, with a pre-tax margin of…
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Airlines including Lufthansa cautiously plan to resume some Middle East flights
Germany's Lufthansa Group is set to resume flights to and from Tel Aviv in Israel from Feb. 1 and Wizz Air restarted its London to…
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Air Europa hires PJT Partners to increase capital, raise debt
Spanish airline Air Europa has hired adviser PJT Partners to raise cash through debt, and possibly a capital increase, to pay back debt owed to…
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U.S. aero group open to select tariffs supporting natl security, industry
The largest U.S. aerospace trade group on Friday opened the door to discussions on specific tariffs, after incoming President-elect Donald Trump suggested slapping duties on…