Air Freight News
Click to Read More
IAG gets EU warning shot over €400 million Air Europa deal
IAG SA’s €400 million ($428 million) takeover of Air Europa risks being derailed for a second time, unless the firms fix a list of anticompetitive…
Click to Read More
Air China orders homegrown C919s in challenge to jet duopoly
Air China announced plans to buy 100 Comac C919 airliners, a major boost to the home-grown planemaker seeking to disrupt the commercial aircraft duopoly locked…
Click to Read More
Southwest Air pulls out of four airports in growth slowdown
Southwest Airlines Co. is slowing growth, ending service at four airports and offering voluntary leaves to address “significant challenges” stemming in part from reduced deliveries…
It’s a “lessors’ market” says IBA, as engine lease rates and market values escalate
IBA experts predict a 40 per cent increase in shop visits from 2024 to 2025
Southwest Air is considering ditching unassigned seating
Southwest Airlines Co. may ditch open seating, a classic hallmark of its business model, to offer assigned spots and premium seats in a bid to…
Lufthansa slated to boost EU offer to save €325 million ITA deal
Deutsche Lufthansa AG is expected to submit a fresh round of concessions to European Union regulators over its planned €325 million ($348 million) investment in…
Air Canada upgraded to ‘BB’ from ‘BB-’ on lower sustained debt
Ongoing debt reduction through 2024 facilitated by strong discretionary cash flow generation combined with a more favorable outlook for travel demand, contribute to Air Canada's…
Click to Read More
Boeing prosecutors aim to decide criminal charge by early June
The US Justice Department could decide by the first week of June whether to tear up its controversial deferred-prosecution agreement with Boeing Co., according to…
Wizz Air narrows full-year profit target amid engine issues
Wizz Air Holdings Plc narrowed its net income guidance for the full year as the budget airline faces aircraft groundings because of engine issues on…
AirAsia plans new listing with $1.4 billion merger of units
AirAsia announced a 6.8 billion ringgit ($1.42 billion) deal to create a new, listed entity that will simplify its operations by combining its various airline…