Air Freight News
Air New Zealand warns competition, slow demand will hit earnings
Air New Zealand warned that earnings will drop in the six months through June amid increased competition from US rivals and slowing corporate demand.
JetBlue, Icahn reach deal to give activist two board seats
JetBlue Airways Corp. agreed to give two board seats to Carl Icahn, heading off a potential proxy fight after the activist investor revealed a nearly…
Air Canada warns of higher costs from new agreement with pilots
Air Canada shares tumbled after the airline warned it may face higher operating costs in 2024 as it works out a new labor agreement with…
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WestJet Airlines Ltd. Upgraded To ‘B’ From ‘B-’ on improved credit metric and refinancing
Credit measures have been trending better than expected, supported by passenger traffic growth, particularly on transborder and international routes...
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Turkish Cargo is honored with two awards at Air Cargo India 2024
The STAT Times International Awards for Excellence in Air Cargo, held annually in Mumbai, India, are determined through a two-stage online voting process involving STAT…
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United adds new corporate partners to Sustainable Flight Fund that now exceeds $200 million
Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis CIB, Safran, and Technip Energies are now part of first-of-its-kind effort to reduce emissions and drive production…
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oneworld named the best global airline alliance for wines, for the 13th year in a row
For the 13th year in a row the oneworld® alliance has been named the world’s Best Airline Alliance for wines served by member airlines onboard…
Rolls ditched as Thai engine supplier in Boeing jet deal
Thai Airways International Pcl has dropped Rolls-Royce Holdings Plc as its sole supplier of next-generation widebody engines in favor of General Electric Co. — a…
Gol wins court approval to probe alleged Latam plane poaching
Bankrupt Brazilian airline Gol Linhas Aereas Inteligentes SA won court permission to investigate whether its rival Latam Airlines Group SA sought to take unfair advantage…
Boeing sees gradual 737 ramp-up while tackling factory flaws
Boeing Co. plans to build its 737 Max aircraft at a slower pace during the first half of this year as it tackles quality issues…