Air Freight News
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Air China resumes daily flights between Beijing and Munich
After an interruption of more than three years, the last Asian long-haul carrier has returned to Munich Airport following the pandemic.
JetBlue slashes profit outlook on slowing domestic demand
JetBlue Airways Corp. slashed its full-year profit forecast over signs of a slowdown in domestic demand, becoming the latest carrier to warn of a shift…
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Has America’s air travel boom peaked?
The air travel boom in the US appears to be fading.
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Surf Air’s rough debut serves as cautionary tale for direct listings
Going public via direct listing can be a bit of a gamble. For Surf Air Mobility Inc., it proved to be more like a spin…
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IAG Cargo reports revenues for H1 2023
Today, IAG Cargo, the cargo division of International Airlines Group (IAG) reported its financial results for H1 2023. The business reported commercial revenues of...
Surf Air falls 37% from debut price in direct listing
Surf Air Mobility Inc. began trading at $5 a share and fell 37% from there in the first significant direct listing in the US in…
British Airways, Air France stay upbeat on prospects for 2023
Two of Europe’s largest airline groups gave an upbeat outlook for the rest of the year, saying demand remains strong as leisure travelers continue to…
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American Air, pilots reach agreement on revised union contract
American Airlines Group Inc. and negotiators for its pilots union reached a preliminary agreement on revisions to a proposed contract, including higher pay and benefits…
Southwest hits profit estimates, faces continued rising costs
Southwest Airlines Co. fell after warning of higher-than-expected costs, pressuring the carrier’s earnings and countering gains from a surge in early-summer travel.
UK regulator takes action against Wizz Air over customer refunds
The UK’s Civil Aviation Authority has taken enforcement action against Wizz Air Holdings Plc after many passengers complained about the carrier failing to reimburse them…