Air Freight News
Ethiopia port deal with renegade region sparks row with Somalia
Somalia recalled its envoy to Ethiopia after its landlocked neighbor signed a memorandum of understanding with Somaliland, a breakaway enclave, giving it access to the…
Ethiopia offers airline stake to Somaliland for Red Sea access
Ethiopia signed a memorandum of understanding with Somaliland, a breakaway region of Somalia, to gain access to the Red Sea in exchange for a stake…
Cathay says pilot flying-hour caps, illness led to flight cuts
Cathay Pacific Airways Ltd., grappling with flight cancellations over the holiday period that have frustrated passengers, acknowledged that pilots reaching or at their 12-month limit…
AirAsia Malaysia CEO Riad to leave role after almost 6 years
AirAsia Malaysia Chief Executive Officer Riad Asmat is leaving his role at the airline and will become a board member at AirAsia Aviation Group.
Airline stocks head for first annual gain since before the pandemic
US airline stocks weathered a domestic travel slowdown and geopolitical turmoil to notch their first yearly gain since 2019, capping a hard-fought rebound from when…
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Southwest Air pilots to vote on contract providing 50% raise
Southwest Airlines Co. pilots will vote on a proposed new contract that would boost pay 50% over the five-year term of the deal and could…
Cathay Pacific cancels some year-end flights over pilot illness
Cathay Pacific Airways Ltd. canceled some year-end flights as a precaution after illness depleted its pilot ranks already diminished in the aftermath of Covid.
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SmartLynx Airlines closes the year with a record number of operated flights
In 2023, SmartLynx Airlines, a Latvia-based airline, made 48% more flights and carried 53% more passengers than the year before. In 2023, the airline increased…
Bombardier’s white knight investor excused from bond lawsuit
Canso Investment Counsel Ltd., the bond investor that helped Bombardier Inc. try to ward off a default claim in 2021, has been excused from the…
Mexico’s AMLO inaugurates new state-controlled Mexicana Airline
Mexico’s President Andres Manuel Lopez Obrador inaugurated the state-run airline Mexicana de Aviacion on Tuesday as part of the country’s push to put domestic tourist…