Air Freight News
Delta Air Lines suspends marketing alliance with Russia’s Aeroflot
Delta Air Lines Inc. suspended a marketing agreement with Aeroflot, Russia’s national airline, after the country invaded Ukraine.
British Airways owner IAG sees return to profit this spring
British Airways owner IAG SA said it should turn profitable from the second quarter, joining other European carriers in predicting a travel rebound in coming…
The airlines still facing risk of bankruptcy as travel returns
Stirrings of a recovery in global travel are bringing airlines back from the brink, but the rebound may come too late for several carriers still…
Ukraine war upends flights, stokes fears for staff, planes
The invasion of Ukraine shattered air travel across much of eastern Europe as carriers avoided airspace above the beleaguered country as well as neighboring nations…
Boeing, Airbus in talks for multi-jet order from Air India
Boeing Co. and Airbus SE are in talks with the new owners of Air India Ltd. about an order for a raft of new planes,…
Ukraine war upends flights, stokes fears for airline staff, jets
The invasion of Ukraine shattered air travel across much of eastern Europe as carriers avoided airspace above the beleaguered country as well as neighboring nations…
Qantas offering $3,600 stock bonuses to stem staff exodus
Qantas Airways Ltd. is offering 20,000 workers shares worth more than A$5,000 ($3,600) if they stay at the airline for another 18 months, part of…
British Airways owner IAG weighs asset sales to raise cash
IAG SA is considering several ways to raise cash while global travel remains subdued, including possible asset disposals, according to people familiar with the matter.
Omicron costs Qantas $470 million in profit as recovery delayed
Qantas Airways Ltd. said omicron is delaying the airline’s recovery and eating into earnings, with international travel wallowing at less than half normal volumes for…
Singapore Air roars back to quarterly profit on travel jump
Singapore Airlines Ltd. swung back to quarterly profit for the first time since the onset of the pandemic, helped by strong cargo demand and the…