Air Freight News
Virgin Atlantic narrows loss, sees return to profit next year
Virgin Atlantic Airways Ltd. narrowed its full-year loss and said the shortfall will shrink further in 2022 as coronavirus concerns fade and travel to the…
Ryanair narrows forecast, sees loss of up to $440 million
Ryanair Holdings Plc narrowed the range for its annual loss as Europe’s biggest low-cost carrier turns the page on a year disrupted by the coronavirus…
Lufthansa CEO is optimistic Italy will agree to ITA proposal
Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said he’s optimistic Italian authorities will back the airline’s joint bid for Italian flag carrier ITA Airways…
Click to Read More
NTSB is helping China decipher black box clues to 737 crash
The U.S. National Transportation Safety Board has been helping Chinese officials download two black-box recorders that were damaged in the mysterious crash of a Boeing…
US team has arrived in China to help fatal jet crash probe
A seven-person team sent by the U.S. National Transportation Safety Board has arrived in China to help the investigation into last month’s crash of a…
Click to Read More
Alaska Air cancels over 100 flights as pilots picket airports
Alaska Air Group Inc. canceled more than 100 flights on Friday as the carrier’s pilots picketed at five West Coast airports amid negotiations over a…
Rome could be Lufthansa’s fifth hub, CEO tells Corriere
Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said Rome could become the group’s fifth hub with the acquisition of new Italian flag carrier ITA…
Click to Read More
Russia is jamming commercial planes’ satellite navigation, French safety official says
Russia’s military has been jamming satellite navigation systems used by commercial aircraft since the invasion of Ukraine, highlighting the need for robust alternatives, according to…
Airlines’ rally stands on shaky ground as investors scamper
Airline stocks managed to outperform the S&P 500 Index in the first quarter as economies reopened and people started traveling again, but prospects for a…
Click to Read More
AerCap files $3.5 billion of insurance claims on Russia jets
AerCap Holdings NV, the world’s largest aircraft-leasing firm, is seeking about $3.5 billion from insurers related to jets and engines stuck in Russia following the…