Air Freight News
Tensions brewing between Ethiopia, US in 737 Max crash probe
Tensions over how to characterize the findings of a probe into an Ethiopian Airlines 737 Max crash two years ago have prompted U.S. investigators to…
Aircraft leasing has a new godfather with AerCap pouncing on GE
Aengus Kelly knows a bargain when he sees one.
GE sinks as $30 billion sale of jet lessor fails to impress
General Electric Co. sank after agreeing to sell its jet-leasing business to rival AerCap Holdings NV for more than $30 billion, a deal that creates…
Ethiopia to release final Boeing Max report in ‘near future’
Ethiopia plans to release a final report on the fatal crash of a Boeing Co. 737 Max in the country in the “near future” after…
American Air borrowing $10 billion in record airline debt sale
American Airlines Group Inc. has boosted the size and cut borrowing costs on what’s now a $10 billion debt deal backed by its frequent-flyer program,…
GE sells jet lessor to AerCap in $30 billion deal to cut risk
General Electric Co. agreed to sell its jet-leasing business to rival AerCap Holdings NV, bringing together the world’s two biggest aircraft financiers in a deal…
American Air boosts debt sale to $10 billion amid strong demand
American Airlines Group Inc. has boosted the size and cut borrowing costs on what’s now a $10 billion debt sale backed by its frequent-flyer program.
Dirt-cheap flights on sale as Covid-hit airlines take on rivals
Dirt-cheap fares are popping up from airlines brave enough to expand or start out amid the Covid crisis, as they try to eke out sales…
Cathay Pacific posts $2.8 billion loss in toughest year ever
Cathay Pacific Airways Ltd. reported a net loss of HK$21.65 billion ($2.8 billion) for 2020, a period the carrier described as “the most challenging 12…
Cebu Air says it’s prepared for a slow travel recovery
Philippine budget carrier Cebu Air Inc., that’s operating at a quarter of its capacity, is prepared for a slow and longer recovery in travel demand,…