Air Freight News
Delta returns to bond market weeks after $3.5 billion sale
Delta Air Lines Inc. is returning to the bond market within weeks of its last visit, looking to support its liquidity and repay outstanding debt.
Garuda wins approval for debt extension, easing cash crunch
Indonesian flag carrier PT Garuda Indonesia won approval from investors to extend the maturity of a $500 million sukuk, easing a cash crunch as the…
Travel to Europe will be allowed again starting July 1
The European Union plans a “gradual and partial” easing of a ban on most travel to the bloc as of July 1, a top official…
After rollicking start, Cathay Pacific shares return to Earth
After surging the most in more than a decade, Cathay Pacific Airways Ltd. shares reversed course and closed down 1%, a day after the carrier…
Macron needs more than $17 billion to save Airbus
Recent measures may not be enough to offset the impact of the crisis on aerospace firms.
American Air to put 141 planes back in service to boost flights
American Airlines Group Inc. will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than…
Boeing’s 787 delivery drought shows crisis brewing behind rally
Boeing Co. didn’t sell or deliver any of its marquee 787 Dreamliner jets in May, a reminder that the U.S. planemaker is still enveloped in…
Delta is in talks to delay $300 million Gol loan payment
Delta Air Lines Inc. is in talks to let Gol Linhas Inteligentes SA postpone payments on a $300 million loan for which the U.S. carrier…
Airline bailouts point to greener travel—and higher fares
Europe’s $36 billion of airline bailouts could herald a shift to lower-emission travel as countries impose environmental strings on aid. Those requirements may also mean…
Airline industry forecast to suffer record $84 billion loss
Airline losses are surging to unprecedented levels expected to be more than three times those following the 2008 global economic slump, according to the industry’s…