Air Freight News
Boeing’s cascade of mishaps fails to deter Wall Street backers
For a company that has been in crisis mode for as long as Boeing Co., the planemaker has some startlingly upbeat support from Wall Street.
GE Aerospace raises earnings goal on strong engine sales
General Electric Co. raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft engines and services.
JetBlue slides as Latin America woes weigh on sales outlook
JetBlue Airways Corp. said revenue this quarter will fall more than analysts expected as excess flying capacity holds down fares in Latin America, a major…
Emirates needs time to clear flood backlog as Clark says sorry
Emirates said it will need “some more days” to clear the backlog of rebooked passengers and stranded bags after the worst rainfall in 75 years…
India averts travel chaos as plane technicians call off strike
Technicians at a company that repairs and maintains Air India Ltd. aircraft have called off a strike planned for Tuesday, easing concerns that the industrial…
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Ethiopian Airlines launches a new service to Warsaw, Poland
Ethiopian Airlines, Africa's largest network operating carrier, is excited to announce the launch of new four times weekly passenger services to Warsaw, Poland via Athens.…
South Africa’s state airline seeks minority partner, loans
South Africa is seeking potential minority investors and access to capital markets and loan financing for South African Airways for more rapid expansion, following the…
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Alaska Air profit forecast signals rebound from Max woes
Alaska Air Group Inc. expects second-quarter profits will top analyst estimates, signaling that the carrier is recovering from a near-catastrophe on one of its planes…
Jet maker Embraer emerges as Brazil’s best stock on orders flow
Embraer SA’s push into a market long dominated by Boeing Co. and Airbus SE is bearing fruit in equity markets, as a flow of new…
Ryanair says Boeing taking steps to accelerate jet deliveries
Ryanair Holdings Plc said Boeing Co. has taken steps to accelerate delivery of some 737 Max jets this summer, potentially alleviating the bottleneck created from…