Air Freight News
Wizz Air chief’s $137 million bonus faces shareholder test
Wizz Air Holdings Plc faces an investor showdown Tuesday over plans to pay its founder 100 million pounds ($137 million) if he can turn the…
GE jumps as aviation revival spurs company to lift cash outlook
General Electric Co. climbed as growth in the jet-engine division prompted the company to raise its cash outlook, fueling optimism that improving air travel will…
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Cathay Pacific introduces premium economy to Dubai as it welcomes the Airbus A350-900
Increased comfort and space, as well as a sense of understated luxury, shines through Cathay Pacific’s Premium Economy Class on the A350-900
Boeing releases first sustainability report, charting path to sustainable aerospace
Boeing today released its first Sustainability Report. In the report, the company shares its vision for the future of sustainable aerospace, establishes broad sustainability goals…
Boeing’s turnaround after 737 Max crisis threatened by talent exodus
After calamity and years of restrained ambition under cost-obsessed executives, the company that was once a factory of dreams is losing workers to SpaceX and…
Air Canada markets junk-bond portion of $5.4 billion refinancing
Air Canada has started the marketing of high-yield bonds in U.S. and Canadian dollars, the largest portion of its $5.35 billion refinancing announced last week.
South Africa’s Mango Airlines to seek bankruptcy restructuring
South Africa’s Mango Airlines will enter a local form of bankruptcy protection, according to the head of its parent, South African Airways.
Ryanair flexes muscles to build post-pandemic lead over rivals
Ryanair Holdings Plc intends to pump more capacity into European markets in the coming months, keeping ticket prices low so it can overpower weaker rivals…
EU talks with US on vaccine passports making little progress
Negotiations between the European Union and the U.S. to recognise each other’s vaccination passes are struggling to make headway due to the absence of a…
Where can you fly right now? Delta surge pops Asia’s travel bubbles
Air-travel corridors have largely been a letdown as nations constantly change rules and close borders to contain outbreaks.