Air Freight News
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Lion Air considers reviving $500 million Indonesian IPO, sources say
PT Lion Mentari Airlines is considering reviving an initial public offering in Jakarta that could raise as much as $500 million, according to people familiar…
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Boeing faces US safety investigation over 737 midair blowout
The Federal Aviation Administration opened a formal investigation of Boeing Co.’s aircraft production operations following last week’s accident on one of its passenger jets, escalating…
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Delta Air walks back 2024 profit goal on higher costs, wages
Delta Air Lines Inc. backed away from its 2024 profit target as persistently high costs counter the gains from a rebound in international travel.
Airbus sets sales record in 2023 amid surging aircraft demand
Airbus SE set a sales record in 2023 by racking up more than 2,000 net orders, as airlines splashed out on purchases amid surging demand…
Alaska Air cancels all Boeing 737 Max 9 flights through Jan. 13
Alaska Air Group Inc. is grounding all flights by Boeing Co. 737 Max 9 aircraft over the next three days as it awaits instructions from…
Brazil airline Gol’s parent company meets creditors for new funds, restructuring
The parent company of Brazil’s Gol Linhas Aereas Inteligentes SA and Colombia’s Avianca is meeting creditors to kickstart negotiations in a bid to fix its…
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Boeing CEO fights back tears and admits ‘our mistake’ in 737 address
(Bloomberg) -- Boeing Co. Chief Executive Officer Dave Calhoun fought back tears as he said the planemaker must own up to its shortcomings as it…
What plane am I booked on? Boeing blowout puts flyers on edge
Hotel: check. Rental car: check. Plane tickets? Hold on... which aircraft am I on?
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Boeing CEO Calhoun to press safety message at all-hands meeting
Chief Executive Officer Dave Calhoun will call on Boeing Co. workers to focus on safety as the top priority at an all-hands meeting on Tuesday,…
Flyers on Mexico’s new airline have some planes all to themselves
Two weeks into its operations, Mexico state airline Mexicana de Aviacion’s slow ramp-up has allowed some passengers the experience of private travel.