Air Freight News
SpiceJet furloughs 150 crew amid financial woes, lean season
SpiceJet Ltd. is putting 150 cabin crew on temporary leave without pay for three months as the embattled Indian airline tries to raise capital from…
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Cathay agrees to buy back warrants from the Hong Kong SAR Government
Completion of the buyback is expected to take place on the tenth business day after the date of the agreement, after which the warrants will…
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Air Travel Consumer Report: June 2024
The U.S. Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of June 2024…
China’s top airlines post losses, hit by slow international travel and domestic oversupply
BEIJING (Reuters) - China's leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic…
Vistara brand to cease in November as airline merger proceeds
India cleared the last roadblock to national carrier Air India Ltd.’s merger with smaller rival Vistara, approving a S$360 million ($276 million) investment by Singapore…
Brazil’s Azul says it prioritizes commercial solutions after report over debt options
SAO PAULO (Reuters) - Brazilian airline Azul stated on Thursday that a recent Bloomberg report saying the company was weighing options to address approaching debt…
Embraer’s aircraft delivery delay seen 1 to 2 months, shorter than peers’ times, CFO says
Brazilian planemaker Embraer's average delay to deliver aircraft is around one to two months, the firm's chief financial officer said on Thursday, highlighting
Air NZ chief says engine dramas to hamper flights for years
Air New Zealand Ltd. Chief Executive Officer Greg Foran said the engine problems that have grounded a significant number of the airline’s jets will hamper…
Factbox: 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.…
United Air raises Alaska-Hawaiian merger concerns with DOT
United Airlines Holdings Inc. has raised concerns with the Biden administration over how the pending $1.9 billion merger of Alaska Air Group Inc. and Hawaiian…