Air Freight News
Meloni running out of time to save Alitalia’s cash-strapped successor
Prime Minister Giorgia Meloni is running out of time to salvage ITA Airways, the successor to serial loss-maker Alitalia. If her bid to cut a…
American Airlines plunges after CEO admits misjudging demand
American Airlines Group Inc. slashed profit and revenue expectations as its top executive acknowledged that the carrier misjudged domestic demand heading into the crucial summer…
American Air cuts profit outlook as commercial chief departs
American Airlines Group Inc. disclosed the departure of its chief commercial officer and cut its profit guidance heading into the crucial summer travel season, unsettling…
Gol parent company starts talks with Azul for possible deal
The controlling shareholder of Gol Linhas Aereas Inteligentes SA has started talks with Azul SA.
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Memorial Day air-travel boom highlights thriving jet fuel demand
Roshni Sharma is one of the many American travelers opting against the traditional road trip this Memorial Day weekend and choosing instead to fly.
Bombardier plots defense against lawsuit over 2018 stock tumble
Bombardier Inc. said it plans to “vigorously defend itself” against a shareholder lawsuit after the Superior Court of Quebec authorized the class action case to…
Gol looks to raise $1.5 billion in new equity to repay financing
Brazilian airline Gol Linhas Aereas Inteligentes SA plans to raise $1.5 billion in fresh equity to repay its existing debtor-in-possession financing and shore up its…
Azul, Gol deal to connect flights is a step toward combining
An agreement between Azul SA and Gol Linhas Aereas Inteligentes SA to connect their flight networks is the first step toward the companies consolidating, according…
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WestJet adds more flights to Latin America, Caribbean after Sunwing deal
WestJet Group plans to increase its presence in Latin America and the Caribbean and introduce planes with more seats after buying a competitor.
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The WestJet Group CEO von Hoensbroech outlines strategic achievements and calls for series of affordability measures
• Soaring Together: the airline's strategic growth report offers nationwide update on being the home carrier of the west, leading in leisure coast-to-coast and safeguarding…