Air Freight News
Southwest Air cuts flight schedule again to smooth operations
Southwest Airlines Co. trimmed its flight schedule for the second time since August, cutting back on fourth-quarter flying as it struggles to hire enough workers…
United Air goes all-in on new flights abroad, holds line in US
(Bloomberg) -- United Airlines Holdings Inc. is looking ahead to a time when international profits are more lucrative than in the past even as numerous…
U.K. pushes for tougher airline-emissions goals at COP26 summit
The U.K. is leading a push to get more countries to sign up to net-zero goals in aviation as part of the COP26 climate talks…
Boeing forecasts 20-year Middle East commercial jet and services market valued at more than $1.4 trillion
Commercial fleet expected to more than double to serve passenger and cargo demand
British Airways owner’s stock rally hit by fuel, Covid headwinds
British Airways parent IAG SA’s shares are wiping out much of the past month’s gains on growing concerns about fuel prices, Covid-19 infections and a…
Thai AirAsia parent seeks to raise $540 million in fresh capital
Asia Aviation Pcl, the operator of Thailand’s biggest budget carrier Thai AirAsia Co., plans to raise as much as 17.9 billion baht ($535 million) from…
Jet fuel price surge is clouding U.S. airlines’ recovery plans
Jet fuel prices are surging above pre-pandemic levels, an ominous headwind for airlines plotting a recovery from more than a year of losses. Despite lackluster…
United Airlines posts smaller loss after variant wrecks profit plan
United Airlines Holdings Inc. posted a narrower loss than analysts had expected as a dip in demand from a summer surge in the coronavirus delta…
Chinese tycoon takes on Cathay with new airline in Hong Kong
A new airline with ties to Beijing is trying to muscle into Hong Kong, a patch long dominated by stalwart Cathay Pacific Airways Ltd.
AirAsia X proposes paying creditors 0.5% of $8 billion owed
AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of the more than $8 billion total debt they are owed and terminate…