Air Freight News
Boeing shares slump as Wells Fargo cuts to rare bearish view
Boeing Co. slumped on Tuesday as Wells Fargo & Co. lowered the planemaker to a sell-equivalent recommendation, saying it’s hard to see any upside in…
Cathay Pacific inspects Airbus A350 fleet amid engine issues
Cathay Pacific Airways Ltd. said it’s being forced to cancel some flights because of a “precautionary” inspection of its entire Airbus SE A350 fleet after…
Lufthansa fits jets with lead weight to balance out first class
Aerospace engineers have spent the better part of a century trying to cut weight from aircraft to save on fuel. Deutsche Lufthansa AG is now…
What is the issue with Cathay Pacific’s A350 Rolls-Royce engines?
Hong Kong's Cathay Pacific Airways said on Tuesday it had inspected its entire Airbus A350 fleet after the in-flight failure of a component in an…
Airlines suspend flights as Middle East tensions rise
Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space.…
Turkey rules out privatization of Turkish Airlines unit AJet
Turkey’s Minister of Transportation and Infrastructure, Abdulkadir Uraloglu, said there are no immediate plans to privatize Turkish Airlines or its low-cost carrier AJet.
Ethiopia Airline halts Eritrea flights in sign of faltering ties
Ethiopian Airlines Group, Africa’s biggest carrier, suspended flights to Eritrea in the latest sign of deteriorating relations with neighboring Ethiopia.
Cathay inspects Airbus A350 fuel lines after component fault
Cathay Pacific Airways Ltd.’s inspection of its Airbus SE A350 fleet is focused on deformed or degraded fuel lines in the engines of the widebody…
AirBaltic looks to raise as much as €300 million in planned IPO
Latvian flag carrier AirBaltic Corp AS plans to raise as much as €300 million ($332 million) as part of a planned initial public offering later…
Cathay Pacific Airways inspects A350 fleet after identifying engine component failure
By Joanna Plucinska and Tim Hepher (Reuters) -Hong Kong's Cathay Pacific Airways said on Monday it had started inspecting all its Airbus A350 jets after…