Air Freight News
Airbus readies suppliers for next step in A320 ramp up
Airbus SE has told suppliers to be ready for a ramp up in production of its best-selling A320 narrow-body jet series to as many as…
Putin moves to quit open skies as Russia looks to Biden summit
President Vladimir Putin moved to withdraw from the Open Skies treaty already abandoned by the U.S., as Russia said it hopes summit talks with President…
Lufthansa working with banks on $3.7 billion capital raise
Deutsche Lufthansa AG is working with banks on a plan to raise about 3 billion euros ($3.7 billion) in equity to help repay its state…
Qantas selling fly-me-to-the-moon tickets as Covid drags on
Fly me to the Supermoon is the latest offering in airlines’ merry-go-round of flights to nowhere, with Qantas Airways Ltd. promising a night of cosmic…
Lufthansa working with banks on $3.7 billion capital increase
Deutsche Lufthansa AG is working with banks on a plan to raise around 3 billion euros ($3.7 billion) in equity to help repay last year’s…
IndiGo to raise $409 million in strategy reversal on virus surge
IndiGo, one of Asia’s biggest budget airlines, plans to raise 30 billion rupees ($409 million) by selling shares as a worsening spike in Covid-19 infections…
Air Canada pleads with Trudeau for plan to relax travel rules
Flush with bailout funds, Air Canada called on the government of its home country to lay out a plan for reopening borders as vaccination progresses.
New airline’s plan to hire college kids on flights gets pushback
After decades of starting successful airlines and dreaming up new ways to operate them, David Neeleman is again plotting a different course, this time for…
British Airways owner subdued on impact of U.K. travel restart
British Airways parent IAG SA reported mounting losses and said it’s expecting only a gradual recovery in travel from the coronavirus pandemic as the U.K.…
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Replacement of aircraft makers will be brutal, reveals IDTechEx
The replacement of aircraft makers will be brutal - no not Airbus and Boeing, the other big names, starting with those making light aircraft, then…