Air Freight News
Tata Sons submits financial bid for ailing carrier Air India
India’s largest conglomerate the Tata Group has submitted a financial bid for state-run Air India Ltd. as the government tries to sell the money-losing carrier…
American Air to invest $200 million in expanded Gol Venture
American Airlines Group Inc. signed a letter of intent to invest $200 million in Gol Linhas Aereas Inteligentes SA under a three-year deal that would…
Click to Read More
SalamAir takes delivery of the first A321neo aircraft in Oman market
To cater to its ever-expanding network, SalamAir, Sultanate's fastest-growing value-for-money airline, has taken delivery of its first A321neo aircraft. The efficient A321neo delivers high levels…
Airlines’ debt pile hits $340 billion as Covid chokes travel
Airlines are piling on more debt as surging coronavirus cases force travelers to cancel plans and stay home.
Click to Read More
Pilot error, systemic failure likely caused Air India crash
Pilot error and systemic failures probably led to the crash of an Air India Express jet last year that killed 21 people, investigators said in…
Shanghai to cancel most flights, shut schools due to typhoon
Shanghai will cancel most flights and shut some schools Monday and Tuesday as Typhoon Chanthu approaches China’s financial capital and major shipping hub.
HNA Group finds investors for airline, airport businesses
The administrators of HNA Group’s debt restructuring program have decided on strategic investors for the Chinese conglomerate’s airline and airport businesses.
Italy’s new airline may claim Alitalia brand in time for debut
Italy’s new state-backed airline, Italia Trasporto Aereo SpA, will seek to buy the Alitalia name in time for its start of service in mid-October, according…
LATAM Group receives offers for exit financing that exceed US$5 billion each and expects to recover pre-pandemic profitability by 2024
● The offers received for LATAM’s exit from Chapter 11 reaffirm the market's confidence in its business plan. ● The business plan considers the demand…
Breeze Airways™ resumes flights at New Orleans following Hurricane Ida; announces $1 million of travel commitment to rebuild and restore city
As Breeze Airways resumes flight operations in New Orleans today, restoring nonstop flights connecting the city to nine destinations across the south and midwest, the…