Air Freight News
Europe’s cheap airline stocks fail to get a peak season boost
The high season for summer travel has been abysmal for European airline shares so far.
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NAV AERO expands its global cargo GSSA network with the addition of CRS Spain
NAV AERO is expanding its global GSSA network with CRS Airlines Representatives Spain, a key General Cargo Sales Agent in the Iberian Peninsula. This step…
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Southwest Air adopts poison pill to counter activist Elliott
Southwest Airlines Co. has adopted a shareholder rights plan to defend against a push for a leadership overhaul and other changes by activist firm Elliott…
Alaska Air flight attendants are set for 32% increase in pay
Alaska Air Group Inc.’s unionized flight attendants are in line to get an average pay increase of 32% as part of a new “record contract”…
Short sellers target Air Canada as costs rise, travel demand weakens
Short sellers are targeting Canada’s biggest publicly traded airline as investors expect rising operational costs and weaker post-pandemic consumer demand to weigh on growth.
Wizz President Carey leaves, making way for three promotions
Wizz Air Holdings Plc President Robert Carey has departed the airline, paving the way for promotions of three executives across the Hungarian budget carrier.
Pakistan aims to retain stake in state airline after sale
Pakistan plans to retain a stake in state-owned Pakistan International Airlines to benefit from an increase in value after the sale.
Lufthansa gets EU nod for ITA deal in win for Italy’s Meloni
Deutsche Lufthansa AG’s €325 million ($350 million) investment in Italy’s ITA Airways won approval from the European Union, allowing Prime Minister Giorgia Meloni to offload…
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Alaska Airlines launches historic routes to La Paz and Monterrey, Mexico from Los Angeles
Alaska Airlines is expanding their options with nonstop service to two international destinations
Greece’s first helicopter airline takes off, with €160 flights to the islands
Hoper will offer flights to 11 destinations—letting you get from Athens to Mykonos in minutes rather than hours.