Air Freight News
Ukraine war upends flights, stokes fears for staff, planes
The invasion of Ukraine shattered air travel across much of eastern Europe as carriers avoided airspace above the beleaguered country as well as neighboring nations…
Boeing, Airbus in talks for multi-jet order from Air India
Boeing Co. and Airbus SE are in talks with the new owners of Air India Ltd. about an order for a raft of new planes,…
Ukraine war upends flights, stokes fears for airline staff, jets
The invasion of Ukraine shattered air travel across much of eastern Europe as carriers avoided airspace above the beleaguered country as well as neighboring nations…
Qantas offering $3,600 stock bonuses to stem staff exodus
Qantas Airways Ltd. is offering 20,000 workers shares worth more than A$5,000 ($3,600) if they stay at the airline for another 18 months, part of…
British Airways owner IAG weighs asset sales to raise cash
IAG SA is considering several ways to raise cash while global travel remains subdued, including possible asset disposals, according to people familiar with the matter.
Omicron costs Qantas $470 million in profit as recovery delayed
Qantas Airways Ltd. said omicron is delaying the airline’s recovery and eating into earnings, with international travel wallowing at less than half normal volumes for…
Singapore Air roars back to quarterly profit on travel jump
Singapore Airlines Ltd. swung back to quarterly profit for the first time since the onset of the pandemic, helped by strong cargo demand and the…
Air New Zealand to seek capital as pandemic losses mount
(Bloomberg) -- Air New Zealand plans to raise capital by the end of next month through the issue new shares as its losses continue to…
Rolls-Royce CEO East to step down after turbulent reign
Rolls-Royce Holdings Plc Chief Executive Officer Warren East will step down at the end of this year, after leading the engine maker through a punishing…
Scandinavia’s SAS risks S&P default rating with plan to convert debt to equity
SAS AB risks a credit downgrade from Standard & Poor’s if the Scandinavian airline follows through with plans announced this week to convert debt into…