Air Freight News
JetBlue soars most since 2020 on new CEO’s turnaround plan
JetBlue Airways Corp.’s shares jumped the most in nearly four years as its new chief executive officer detailed plans to revamp the carrier’s operations and…
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Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
Closing a significant chapter in Cathay’s history as it reaches another major milestone on its journey to rebuild
Lufthansa starts savings program as pressure holds on prices
Deutsche Lufthansa AG said it will embark on a savings program that includes phasing out about 50 older long-haul aircraft in the latter part of…
Singapore Air first-quarter profit slides as costs start to hurt
Singapore Airlines Ltd. profit fell in the fiscal first quarter from an all-time high a year ago as higher costs and lower yields continued to…
Hawaiian Air pivots to US mainland to cope with weak yen impact
Hawaiian Airlines is aiming to boost its domestic business to offset a decline in Japanese demand, due mostly to the impact from a sharp fall…
Airline’s dumped climate goal opens door for industry to follow
Air New Zealand Ltd.’s decision to ditch its 2030 emissions target suggests more airlines will also have to confront a harsh reality: There’s simply not…
Failed Australian airline Rex ditches Qantas challenge
Australian airline Rex will permanently abandon capital city services challenging Qantas Airways Ltd. and return to its roots as a small regional carrier in an…
Another Qantas rival fails, spurring calls to curb market grip
The collapse of another Australian airline — at least the fourth in as many years — highlights again the overwhelming local dominance of Qantas Airways…
India’s Akasa Air eyes flights to Asia’s tourist hotspots
India’s Akasa Air plans to add destinations across Southeast Asia and the Indian subcontinent to tap the booming demand for overseas air travel in the…
CrowdStrike falls on report Delta hired attorney over outage
CrowdStrike Holdings Inc.’s shares fell to their lowest level since December over a report that Delta Air Lines Inc. had hired a prominent attorney following…