Air Freight News
Aeromexico plunges on tender offer in bankruptcy restructuring
Grupo Aeromexico SAB holders will be offered one Mexican cent per share ahead of the company’s exit from Chapter 11 restructuring proceedings. The stock fell…
Latam Air creditors slam bankruptcy plan, tout Azul offer
Latam Airlines Group SA’s official low-ranking creditor group is unhappy with the Chilean carrier’s bankruptcy exit proposal, arguing a sale to rival Azul SA could…
US FAA selects WestJet official to head its safety division
The U.S. Federal Aviation Administration has selected an official at a Canadian airline to head its safety division as it works to enact broad changes…
Airbus triumph in Qantas deal strikes blow at Boeing and Max
Airbus SE’s domination of a multi-billion dollar aircraft order from Qantas Airways Ltd. struck a blow to a resurgent Boeing Co. and its 737 Max…
Qantas CEO downplays Omicron threat with upbeat view on recovery
Qantas Airways Ltd. Chief Executive Officer Alan Joyce is optimistic about a recovery in air travel even as coronavirus variant omicron sweeps across major markets…
Airlines say US aid critical to survival during pandemic
Airline executives and lawmakers gave a full-throated defense for the $54 billion in U.S. aid that helped shield the industry from the ravages of the…
Air France will restore 90% of usual US capacity for holidays
Air France-KLM said its French arm will lift U.S. capacity to around 90% of pre-pandemic levels for the year-end holidays after the Biden administration eased…
Southwest says i’s a leisure world’ as road warriors stay home
Southwest Airlines Co. has high hopes for capturing business traffic once road warriors are back in the air, but it’s not planning for that anytime…
The omicron variant Is chipping away at worldwide air travel
Just as global air traffic appeared to be getting closer to pre-pandemic levels, the omicron variant has grounded planes once more, stalling the recovery.
Japan Airlines awards 5-year extension to CHAMP
Japan Airlines and CHAMP Cargosystems have extended their highly successful partnership for a further five years.