Air Freight News
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South African Airways Seeking $1.2 Billion in State Bailout
The administrators running South Africa’s embattled national airline proposed the government provide a 21 billion rand ($1.2 billion) bailout to help repay debt and resume…
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Lufthansa Bailout to Trigger Onslaught From Low-Cost Rivals
Deutsche Lufthansa AG may have won its battle for state aid, but its surrender of airport slots to appease regulators heralds heightened conflict between European…
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Emirates Group Says Job Cuts Needed With Planes Grounded
Emirates Group said it will be forced to cut jobs as the operator of the world’s largest long-haul carrier seeks to reduce costs after the…
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United Tiptoes Back to Overseas Flying With July Schedule Boost
United Airlines Holdings Inc. will add back some international flying in July, saying demand has “risen modestly” in some markets after the Covid-19 pandemic all…
Southwest Air Sees ‘Brutal Low-Fare’ Pressure in Virus Aftermath
Southwest Airlines Co. CEO Gary Kelly predicted that intense competition for passengers will create “a brutal low-fare environment” among carriers once coronavirus fears subside and…
Airlines Leave $29 Billion Aid Fund Untapped in Bet on Rebound
U.S. airlines have yet to tap $29 billion in federal pandemic relief loans as they wait to see whether the reopening of the economy revives…
TAP Air Portugal Recommences North American Service as Portugal Re-Opens Next Week
TAP Also Inaugurating 3 New Routes from Boston and Toronto to the Azores, and from Montreal to Lisbon
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Frontier Airlines announces 18 new nonstop routes for Summer 2020
Low-fare carrier Frontier Airlines today announces 18 new routes for summer 2020. The new flights beginning in June and July expand the airline’s rapidly growing…
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Mnuchin’s $29 Billion Loan Fund Untapped as Airlines Eye Rebound
U.S. airlines have yet to tap $29 billion in federal pandemic relief loans as they wait to see whether the re-opening of the economy revives…
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American Air to Cut Management, Staff 30% Amid Travel Slump
American Airlines Group Inc. will cut 30% of its management and support staff, or about 5,100 jobs, as it continues to shrink operations in response…