Air Freight News
Wizz lowers profit outlook on economic, security concerns
Wizz Air Holdings Plc lowered its profit outlook for fiscal 2024 as aircraft engine issues limit growth, and concerns grow about the impact of a…
Airbus sees significantly higher output in 2024 as demand surges
Airbus SE said it will significantly increase aircraft output next year as the European planemaker ramps up production across its model range to meet surging…
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Fear of missing out grips airlines as deal frenzy comes to Dubai
Never before have airlines placed such outsize orders as they did this year, breaking one record after another.
Airbus raises widebody output as long-distance travel booms
Airbus SE is ramping up production of its A350 widebody aircraft to meet surging demand for its most advanced jetliner, underscoring the robust recovery in…
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Aerospace sector’s growing appetite for steel threatens metal supply for the energy industry
A vigorous recovery from the global aerospace industry has increased demand for nickel, a key aircraft component prized for its corrosion resistance, high strength and…
Norse Atlantic weighs alliance options with larger airlines
Norse Atlantic ASA has been approached by two larger airlines interested in buying a minority stake in the young carrier, Chief Executive Officer Bjorn Tore…
Vietnam tax authority says Bamboo Air owes $4.2 million in taxes
A Vietnam provincial tax authority is ordering three banks to lock accounts for struggling airline Bamboo Airways JSC because of late tax payments of about…
Korean Air offers fix to win EU nod for $1.4 billion Asiana deal
Korean Air Lines Co. has offered concessions to the European Union competition regulator as it seeks approval for its 1.8 trillion won ($1.4 billion) bid…
Singapore Airlines clocks second-best quarterly profit
Singapore Airlines Ltd. delivered its second-biggest quarterly profit on record as demand for flights kept airfares elevated.
Eva Air buys 33 Airbus planes in deal valued at $10.1 billion
Eva Airways Corp. placed a major order with Airbus SE for the A350-1000 jet, extending this year’s successful run for the manufacturer’s largest widebody model…