Air Freight News
IndiGo quarterly profit drops as demand slows, fuel costs surge
India’s largest airline IndiGo posted a 12% drop in its quarterly profit weighed down by slowing demand as well as surging engine-related and fuel costs.…
Qatar Airways in talks to acquire stake in South African Airlink
Qatar Airways is in talks to buy a stake in South Africa’s SA Airlink Pty Ltd. as the Doha-based airline seeks to expand its presence…
Click to Read More
Latam Airlines US shares up 2.9% after $456 million offering
Latam Airlines Group SA’s American depositary shares climbed 2.9% in their return to the US market after a group of shareholders raised $456 million in…
United Air says workers need doctor’s note to call out sick
A United Airlines Holdings Inc. policy requiring flight attendants to provide a doctor’s note when calling in sick on certain days is being reviewed by…
Click to Read More
Latam Airlines Group shareholders raise $456 million in US IPO
A group of Latam Airlines Group SA shareholders raised $456 million in an initial public offering of American depositary shares.
Click to Read More
JetBlue goes big in Boston and New England, adds service to Manchester, NH, expands Florida routes
• JetBlue adds 20 percent more seats in New England this winter • $49 fares available to celebrate Manchester launch and new service from Buffalo…
Air France-KLM trims capacity outlook amid Olympics impact
Air France-KLM trimmed its full-year capacity outlook amid a bigger-than-expected shortfall from tourists avoiding Paris during the Summer Olympics, with the group initiating a hiring…
Airbus leapfrogs Boeing at Farnborough with major Flynas order
Saudi Arabia’s Flynas agreed to an outline order for as many as 160 Airbus SE jets, vaulting the European planemaker ahead of its US rival…
American Air slashes profit outlook after strategic misstep
American Airlines Group Inc. slashed its earnings outlook for this quarter and the full year as it works to bounce back from earlier blunders that…
RTX profit jumps as travel boom buoys demand for jet repairs
RTX Corp.’s second-quarter profit topped exceeded investor expectations as strong demand for air travel lifted the commercial aerospace units at the maker jet engines and…