Air Freight News
Virgin Australia creditors lose almost everything under Bain
Unsecured creditors of Virgin Australia Holdings Ltd. will lose almost all their money under a A$3.5 billion ($2.5 billion) deal to sell the collapsed airline…
Delta warns of 1,941 pilot job cuts on grim travel outlook
Delta Air Lines Inc. will furlough 1,941 pilots in October because it sees little chance of improvement in the bleak outlook for commercial flying over…
Delta plans to follow United with debt backed by loyalty program
Delta Air Lines Inc. is preparing to issue new debt backed by its frequent-flyer program, the latest to use miles to help boost liquidity amid…
Delta Air Lines to Fly Ontario, California to Seattle
Southern California’s Ontario International Airport (ONT) will soon offer air travelers a new option to reach Seattle-Tacoma International Airport (SEA) when Delta Air Lines service…
Qantas Drops International CEO With Overseas Flights Grounded
Qantas Airways Ltd. scrapped the executive role overseeing international services because those flights will be grounded for at least another year.
Delta sets plans to resume some global flying cut by pandemic
Delta Air Lines Inc. laid out plans to resume 50 international routes later this year and next that have been grounded by the collapse in…
Emirates nears deal on Boeing jets with 777X timing unresolved
Emirates has decided on its preferred mix of new Boeing Co. wide-body planes, with the focus likely to be on smaller aircraft rather than jumbo…
American Airlines drops flights to 15 smaller US cities
American Airlines Group Inc. plans to cease flights to 15 smaller U.S. cities because of low demand, beginning the first phase of dropping markets from…
Singapore Air goes through half of cash raised in two months
Singapore Airlines Ltd. has burned through half of the S$8.8 billion ($6.4 billion) it raised through share sales in just two months, highlighting how carriers’…
South Africa in talks with keen investors in state airline
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand…