Avianca Group announces first quarter 2024 financial results
• The Group posted $272 million in EBITDAR, at a 21.5% margin. • Liquidity position remains strong at $971 million. • The Company’s continued commitment…
Biden paves way for US corn to profit from green jet fuel
President Joe Biden’s administration issued long-awaited guidance on the production of green jet fuel, paving the way for US corn ethanol producers to profit from…
Proxy adviser Glass Lewis urges vote against Boeing CEO
Influential proxy adviser Glass Lewis & Co. is recommending Boeing Co. shareholders vote against the reelection of three directors, including Chief Executive Officer Dave Calhoun,…
Spirit Aero, Airbus near critical talks on fate of supplier
Spirit AeroSystems Holdings Inc. and Airbus SE are dispatching senior executives to a meeting in New York in the coming days to chart a path…
Air France-KLM looks to cut costs as first quarter loss widens
Air France-KLM will freeze the hiring for support staff as part of a cost-cutting drive after reporting a wider first-quarter operating loss amid higher expenses,…
WestJet connects Edmonton to one of the world’s busiest global hubs with its first flight to Atlanta
Departure of inaugural flight unlocks a world of opportunity for inbound tourism and investment attraction to Alberta's capital city
Lufthansa, Air France seek savings after disruptions hurt profit
Deutsche Lufthansa AG and Air France-KLM are embarking on a cost-cutting drive after the European airlines suffered higher first-quarter losses in the wake of strike…
Bonza has planes repossessed, cancels flights, AFR says
Budget Australian airline Bonza, owned by 777 Partners, had its fleet repossessed by creditors and cancelled flights on Tuesday, the Australian Financial Review reported.
Qatar Airways renews partnership with UNHCR to support communities in need
The national airline of the State of Qatar, and UNHCR, the UN Refugee Agency extend their partnership for another two years from 2024 through 2025
American Air dropping some global flights on Boeing 787 delays
American Airlines Group Inc. is cutting some international flights and reducing the frequency of others because beleaguered planemaker Boeing Co. won’t deliver as many widebody…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
