Air Freight News
Cathay bullish on prospects as profit soars to 13-year high
Cathay Pacific Airways Ltd. expects its strong recovery from the Covid crisis to continue through the rest of the year after the carrier announced its…
IBA forecasts oversupply of 737-800 P2F aircraft
IBA, the leading aviation market intelligence and consultancy company, has revealed there are signals of potential oversupply of the Boeing 737-800 passenger to freighter (P2F)…
Thai Airways and Turkish Air plan to partner on Asia-Europe flights
Thai Airways International Pcl and Turkish Airlines signed a memorandum of understanding Tuesday with the aim of forming a joint-venture partnership and working together on…
Jazeera Airways reports KD6.27 million (US$20.37m) net profit for first half 2023
• Strong passenger growth of 2.1 million, load factor up by 4.1% to 78.1% • Group revenues at KD97.8 million (US$317.85m), up 26.1% • Board…
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Ethiopian Air-backed carrier to start in Nigeria by October
An airline established by Ethiopian Airlines Group in partnership with institutional investors and the Nigerian government plans to start operations in the West African nation…
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Cathay unseats Singapore Air as stock winner on travel revival
A reversal in the fortunes for shares of Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. may extend further as Hong Kong’s flagship carrier springs…
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Southwest pilots lose bid to be freed from contract talks
Southwest Airlines Co. pilots were denied a request to halt contract talks with the carrier, a step that could have brought them closer to a…
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Spirit Air expects more groundings as Pratt engine fallout grows
Spirit Airlines Inc. has grounded seven planes due to problems with its Pratt & Whitney engines and the carrier expects to take more aircraft out…
Cathay Pacific nears lease deal for 18 Airbus A321neos
Cathay Pacific Airways Ltd. is closing in on a deal to lease 18 of Airbus SE’s largest single-aisle aircraft to bolster its short-haul fleet, according…
Airlines slash prices to convince Americans to vacation closer to home
JetBlue Airways Corp., Alaska Air Group Inc. and other US carriers expected the post-pandemic travel boom to send ticket prices soaring this summer. Instead, they’re…