Air Freight News
Billionaire Sawiris backs $4.7 billion signature takeover
Egyptian billionaire Nassef Sawiris agreed to accept a sweetened $4.7 billion takeover offer for Signature Aviation Plc, a step toward ending the fight for control…
United plane showers debris near Denver after engine failure
A Boeing 777-200 operated by United Airlines made an emergency return to Denver International Airport on Saturday following an engine failure that rained debris on…
United announces plans to begin new daily nonstop service between Boston Logan and London Heathrow
United Airlines today announced plans to expand its global route network with new, nonstop service between Boston Logan International Airport and London Heathrow. This new…
Malaysian court separates out Airbus in AirAsia X creditor talks
Malaysia’s high court ordered that struggling budget carrier AirAsia X Bhd’s largest creditor Airbus SE be separated out from other stakeholders in restructuring talks for…
Cathay crew to work 21-day stints to avoid quarantine
Cathay Pacific Airways Ltd. is taking extreme measures to cope with new rules that will require flight crew to quarantine in Hong Kong from Saturday,…
WestJet to temporarily suspend service to four domestic stations
Today, WestJet announced it will temporarily suspend operations to St. John's, N.L., London, Ont., and Lloydminster and Medicine Hat, Alta., as of March 19, until…
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American Air, JetBlue push ahead with Northeast US alliance
American Airlines Group Inc. and JetBlue Airways Corp. kicked off the first phase of a marketing alliance in the northeastern U.S. even though several states…
U.K. airlines urge Johnson to lay out path for travel reopening
The U.K. airline industry stepped up a campaign to persuade Prime Minister Boris Johnson that travel should be included in his plan to reopen the…
Air France-KLM expects bailout in weeks as cash burn mounts
Air France-KLM is poised to get a fresh government bailout after burning through 2.1 billion euros ($2.5 billion) in the final quarter of last year…
Airbus cautious on 2021 after cementing cash flow turnaround
Airbus SE generated 4.9 billion euros ($5.9 billion) in cash during the fourth quarter, while issuing cautious guidance on the pace of its recovery from…