Air Freight News
Vietnam tax authority says Bamboo Air owes $4.2 million in taxes
A Vietnam provincial tax authority is ordering three banks to lock accounts for struggling airline Bamboo Airways JSC because of late tax payments of about…
Korean Air offers fix to win EU nod for $1.4 billion Asiana deal
Korean Air Lines Co. has offered concessions to the European Union competition regulator as it seeks approval for its 1.8 trillion won ($1.4 billion) bid…
Singapore Airlines clocks second-best quarterly profit
Singapore Airlines Ltd. delivered its second-biggest quarterly profit on record as demand for flights kept airfares elevated.
Eva Air buys 33 Airbus planes in deal valued at $10.1 billion
Eva Airways Corp. placed a major order with Airbus SE for the A350-1000 jet, extending this year’s successful run for the manufacturer’s largest widebody model…
Air New Zealand faces prolonged Pratt & Whitney engine issues
Air New Zealand said problems with certain Pratt & Whitney engines are forcing it to make schedule changes that could impact services for as long…
Malaysia reviews airline license terms after startup’s woes
Malaysia will review conditions for granting licenses to new airlines after financial troubles forced a low-cost startup carrier to abruptly suspend its services.
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JetBlue CEO targets big airlines over low-dare Spirit travelers
JetBlue Airways Corp. wants to use its acquisition of deep-discount carrier Spirit Airlines Inc. to compete with the four major airlines, with plans to rebrand…
Riyadh Air puts final contours on major narrowbody aircraft deal
Riyadh Air is putting the final contours on a large narrowbody aircraft order that will help the new Saudi carrier expand its network and challenge…
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Alaska Airlines celebrates enhanced partnership with Condor Airlines
A codeshare agreement allows each airline to sell seats on one another's selected flights as if they were their own, putting their "code" on the…
Air France-KLM, Castlelake raise SAS refinancing to $1.2 billion
Air France-KLM and private equity firm Castlelake LP have increased their planned investment in the bankrupt Scandinavian flag-carrier SAS AB by $25 million to $1.2…