Air Freight News
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British Airways owner IAG lures upbeat calls as travel rebounds
Analysts are scrambling to raise their stock price targets on British Airways-owner IAG SA, turning the most bullish in nearly two years amid a bounce…
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Her Royal Highness Princess Reema visits Boeing South Carolina
The Ambassador of The Kingdom of Saudi Arabia to the United States joins leadership from Saudi carriers SAUDIA and Riyadh Air to celebrate the recent…
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Airlines keep folding in India’s booming aviation market
Go Airlines India Ltd. this week became the latest victim in the battle of the skies over India. It isn’t the first high-profile carrier to…
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Grounded Go Air can fly in a week if planes not seized, CEO says
Go Airlines India Ltd., which went under citing Pratt & Whitney engine failures, is optimistic about resuming flights within seven days if the bankruptcy court…
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Go First cancels all flights until May 9th
Citing operational reasons, Go First stated that it was canceling all flights until 9 May and that a full refund will be issued to affected…
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Lufthansa grounds aircrafts; Citing similar engine issues faced by “Go First”
"Lufthansa temporarily grounds a third of its Airbus A220 fleet in Zurich due to issues with Pratt & Whitney engines," Lufthansa said in a statement…
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Air France-KLM retreats as worries mount on pace of rebound
Air France-KLM left investors guessing about the strength of its recovery, abstaining from a full-year profit forecast and trimming its capacity prediction as French air-traffic…
British Airways-owner posts surprise profit: The London Rush
IAG's investors have had a surprise “upgrade” this morning after the airline group unexpectedly posted a profit this quarter. It was driven by a bounce-back…
China’s holiday air travel boost a bright spot for battered oil
Chinese tourists returned to the skies in droves over the Labor Day holidays as people embraced travel again following the end of Covid curbs, providing…
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Pratt engine woes grounded Go First planes for 17,000 days
Faults with engines supplied by Pratt & Whitney to Go Airlines India Ltd. forced the budget carrier to keep part of its fleet of brand-new…