Air Freight News
Air France KLM Martinair Cargo to enhance service proposition in German market
On 2 November 2020, our ground handling agent at Frankfurt Airport, Swissport Cargo Services, opened its new, state-of-the-art warehouse.
IndiGo in talks for big engine order, defying aviation gloom
IndiGo, India’s biggest airline, is in talks with Pratt & Whitney and CFM International Inc. for its next batch of jet engine orders, according to…
Lufthansa bleeding cash with flights stunted by lockdowns
Deutsche Lufthansa AG said it needs to double operations from current levels if it’s to stem losses, delivering a stark assessment of the challenge facing…
Sorry, Boeing, the yacht had to go
A $13 million price tag for a corporate perk is pennies compared with the aerospace giant's huge debt burden, but at this point every bit…
World’s largest airlines lost $110bn in YTD revenue
The entire airline industry took a tremendous hit in 2020, with countries worldwide shutting down borders and limiting travel as a response to the COVID-19…
FlyDubai to start daily scheduled flights to Tel Aviv this month
FlyDubai will start scheduled flights between Dubai and Tel Aviv on Nov. 26 in line with strengthening ties between the United Arab Emirates and Israel…
Thai budget carrier Nok Air gets green light to restructure debt
Thai budget carrier Nok Airlines Pcl obtained court approval to proceed with a debt rehabilitation plan as it weathers a slump in passenger demand due…
Dutch back Air France-KLM bailout after pilots agree wage deal
The Netherlands has given final approval to a 3.4 billion-euro ($4 billion) bailout for the Dutch arm of Air France-KLM after pilots at the struggling…
Kuwait’s Jazeera Airways cuts jobs as virus slams travel demand
Kuwait’s Jazeera Airways Co. laid off another 200 employees in September as the coronavirus pandemic continued to hammer demand for air travel.
World’s best-performing airline stock is bankrupt Indian carrier
All airlines are feeling the coronavirus pinch but one that hasn’t flown since April 2019 after collapsing under a pile of debt is the world’s…