Air Freight News
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United Airlines pilots approve costliest US contract worth $10.2 billion
United Airlines Holdings Inc. pilots approved a new four-year contract that is the costliest ever at a US carrier, providing a cumulative increase in total…
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Air France-KLM’s Nordic foray gives boost to consolidation
Air France KLM’s plan to buy a stake in troubled Scandinavian carrier SAS AB gives the long-overdue consolidation of European airlines a jolt as more…
IAG returns to investment grade at S&P after profit rebound
British Airways parent IAG SA regained its investment grade credit rating from Standard & Poor’s, in a sign that efforts to rebuild the carrier’s balance…
Saudi Airlines considers debut bond sale to fund expansion plans
Saudi Arabia’s biggest airline is weighing options including a debut bond sale to fund new aircraft orders, as it prepares to almost double its fleet…
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United fuels growth plans with purchase of 110 more aircraft
United Airlines Holdings Inc. will buy 110 more aircraft that will be delivered starting in five years, extending its aggressive bets on growth and future…
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United closes in on order for Airbus A321 narrowbody jets
United Airlines Holdings Inc. is poised to announce an agreement to buy a double-digit number of Airbus SE A321 narrowbody jets, according to people familiar…
Air France-KLM taking SAS stake in $1.2 billion recapitalization
SAS AB chose Air France-KLM and private equity firm Castlelake LP to anchor a $1.18 billion investment in the bankrupt Scandinavian flag-carrier, ending a five-month…
Delta says some of its jet aircraft engines used fake parts
Delta Air Lines Inc. has discovered unapproved components in “a small number” of its jet aircraft engines, becoming the latest carrier and fourth major US…
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Japan Airlines revamps first class with luxury double-bed suites
Japan Airlines Co. bets that double beds in new first class suites will win passengers and prestige, seeking to challenge rival elite airlines in the…
Too expensive, too scarce: Doubt sets in on green aviation fuel
As the aviation industry looks to achieve carbon-neutral status by 2050, sustainable aviation fuel has emerged as the magic potion to propel airlines and manufacturers…