Air Freight News
Apollo provides $700 million debtor-in-possession loan to SAS
Private equity firm Apollo Global Management has provided $700 million in financing to SAS AB as the Scandinavian airline tries to regain its financial health.
Startup Norse Air bets on London-NY boom surviving slowdown
Startup airline Norse Atlantic ASA, which begins UK-New York flights Friday, said it will rely on strict cost control and the strength of Europe-US travel…
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U.S. cargo and passenger airlines add 6,775 jobs in June 2022 for new COVID-19 pandemic high
Employment remains 3.2% above pre-pandemic June 2019
Late-night egg attack shows traveler fury at Qantas CEO
(Bloomberg) -- The black and white security camera footage is clear enough to make out a hooded figure on a tree-lined Sydney street. The person…
Cathay optimistic on outlook as Hong Kong eases travel rules
Cathay Pacific Airways Ltd. signaled a stronger second-half outlook even as Chief Executive Officer Augustus Tang told staff Hong Kong’s status has been hammered by…
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Boeing resumes 787 deliveries with overdue jet for American Air
Boeing Co.’s shares climbed after American Airlines Group Inc. took delivery of the first 787 Dreamliner since US regulators approved the planemaker’s plan to address…
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Boeing gets green light to deliver 787s after FAA approval
Boeing Co. is poised to resume deliveries of its 787 Dreamliner jets as soon as Wednesday, according to people familiar with the matter, almost two…
Thai Air’s $2.3 billion capital-raising plan led by Government
Thai Airways International Pcl will receive key financial support from the government for its 80 billion baht ($2.3 billion) capital raising and debt-to-equity swap plan…
Wizz Air’s Abu Dhabi venture set to resume Russia flights
Hungarian discount carrier Wizz Air Holdings Plc’s Gulf venture plans to resume flights to Russia even as sanctions imposed over the invasion of Ukraine continue…
Air New Zealand to bring Boeing 777s out of US desert storage
Air New Zealand Ltd. is bringing more Boeing Co. 777-300 widebody aircraft out of storage to help cater to a faster-than-expected rebound in travel demand.