Air Freight News
Boeing lines up $35 billion in funds as strike hammers finances
Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and…
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US judge orders Boeing, DOJ to detail diversity policy before deciding on plea
A federal judge on Tuesday ordered Boeing and the U.S. Justice Department to detail the impact of diversity and inclusion policies on the selection of…
All flights into Europe must avoid Russia for fair competition, Lufthansa says
Europe needs to ensure that airlines flying into the continent avoid Russian airspace to provide a level playing field in the industry, German airline group…
European airlines grappling with plane delivery delays
European airlines are grappling with delivery delays from planemakers Airbus and Boeing, they said at a conference on Wednesday, although budget carrier Ryanair noted the…
Airbus to cut up to 2,500 jobs in defence and space, sources say
Airbus plans to cut up to 2,500 posts in its Defence & Space division after spiralling losses on satellite projects, two people familiar with the…
European airlines demand ‘level playing field’ with Chinese rivals
European airlines urged Brussels on Wednesday to do more to secure a level playing field in the industry, complaining that Chinese rivals enjoy a huge…
Ryanair to cut traffic estimate for next year due to plane delivery delays
Ryanair will have to revise down its passenger traffic estimates for next year because of expected aircraft delivery delays from Boeing, the budget airline's group…
Wizz Air confirms Airbus deliveries until end of 2025
Wizz Air has confirmation of its Airbus deliveries until the end of 2025, the airline's chief executive said on Tuesday, despite questions over whether the…
US imposes $4 million penalty against Lufthansa over treatment of Jewish passengers
The U.S. Transportation Department said Tuesday it is imposing a $4 million penalty against Lufthansa for discriminating against Jewish passengers from New York through Frankfurt…
Boeing enters $10 billion credit agreement with banks
Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources…