Air Freight News
Ethiopian expands its global hub - Addis Ababa Bole International Airport, unveils its new Aviation Infrastructure blending modernity with bio safety
Ethiopian Airlines Group, the Largest Aviation Group in Africa has announced that it has successfully completed a new passenger terminal at its hub Addis Ababa…
Virgin Atlantic launches first-ever Pakistan routes to fill void
Virgin Atlantic Airways Ltd. announced its first new routes since the start of the coronavirus crisis, saying it will serve Pakistan for the first time…
Rolls-Royce posts $7 billion loss as crisis roils jet demand
Rolls-Royce Holdings Plc suffered a record half-year loss after the coronavirus crisis grounded jetliner fleets and said it plans to sell assets to help weather…
Europe’s discount carriers look to gain share as rivals shrink
Even as the coronavirus pandemic hammers airlines around the world, discount carriers in Europe including Ryanair Holdings Plc and Wizz Air Holdings Plc are looking…
China’s air travel recovery shows power of vast home market
China’s biggest airlines could provide some much-needed encouragement for an aviation industry starved of good news when they report earnings later this week.
Air New Zealand sees back-to-back losses as crisis persists
Air New Zealand reported its first full-year loss in 18 years and said it is unlikely to return to profit soon as the coronavirus pandemic…
White House weighs help for airline workers if no stimulus deal
White House chief of staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs if Congress doesn’t provide…
AirAsia X seeks debt help with flights unlikely until 2021
AirAsia Group Bhd.’s long-haul arm said it needs to reach agreements with major creditors to restructure outstanding debt as it faces “severe liquidity constraints” that…
Branson clears crucial hurdle in rescue of Virgin Atlantic
Billionaire Richard Branson cleared a crucial obstacle on the tortuous journey to rescue his flagship airline, hobbled by the coronavirus pandemic.
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American Air sees 19,000 job cuts once US payroll aid expires
American Airlines Group Inc. will cut 19,000 workers once federal payroll aid expires as scheduled on Oct. 1, capping a 30% workforce reduction since the…