Air Freight News
Ryanair sees travel rebound threatened by European lockdowns
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said steps aimed at containing spiraling coronavirus infection rates in Europe are putting the region’s travel rebound…
SpiceJet plans Covid rebuild with capital raising, cargo split
SpiceJet Ltd. is reducing liabilities and considering raising capital after the damage caused by Covid-19, and has agreed compensation from Boeing Co. for the grounding…
Air Canada agrees to $4.5 million settlement over refunds
Air Canada has agreed with U.S. aviation regulators to pay $4.5 million to settle charges that it didn’t properly give refunds to U.S. travelers when…
Virgin Atlantic sees strong Christmas, but summer tough to call
Virgin Atlantic Airways Ltd. Chief Executive Officer Shai Weiss said the U.K. carrier is set for a bumper Thanksgiving and Christmas but can’t predict how…
Thanksgiving travel to challenge airlines as demand returns
Air traffic for the Thanksgiving holiday is expected to approach pre-pandemic levels and travelers are likely considering their plans with some dread, given fresh memories…
American, JetBlue ask to toss ‘defective’ DOJ antitrust suit
American Airlines Group Inc. and JetBlue Airways Corp. asked a federal judge to throw out a U.S. Justice Department lawsuit challenging the airlines’ agreement to…
Ryanair’s O’Leary attacks rival airlines over carbon emissions
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary rekindled a war of words with the discount carrier’s full-service rivals, saying the single biggest step people…
Virgin Atlantic said to be in talks for $540 million fundraising
(Bloomberg) -- Virgin Atlantic Airways Ltd. is in discussions with its shareholders about a 400 million-pound ($540 million) capital injection, according to a person familiar…
Boeing buyers’ ire builds as 787 disruptions pass 13-month mark
Frustration is mounting for customers waiting to take new Boeing Co. 787 Dreamliners -- planes caught in a regulatory and production quagmire that has halted…
Mystery $100 million cash shows up at Platinum’s Wesco Air
(Bloomberg) -- Wesco Aircraft Holdings Inc. left bondholders scratching their heads this week when the struggling aerospace supplier added about $100 million of cash to…