Air Freight News
South Africa defends airline bailout as state seeks partners
South Africa’s National Treasury has defended a controversial 10.5 billion rand ($641 million) lifeline for its bankrupt national airline, saying that setting it on the…
Airbus stems cash outflow, charts path through Covid crisis
Airbus SE was able to stem the outflow of cash in the third quarter, fueling the planemaker’s confidence it can emerge from the Covid-19 pandemic…
Boeing to cut 7,000 more jobs as hopes for cash comeback fade
Boeing Co. is almost doubling its planned job cuts as the coronavirus pandemic and prolonged grounding of the 737 Max jet dim prospects for a…
Boeing to cut 7,000 more jobs in jet market’s ‘new reality’
Boeing Co. is deepening job cuts as the coronavirus pandemic and prolonged grounding of the 737 Max jetliner squeeze the planemaker’s finances.
South Africa bails out airline after investor search fails
South African Finance Minister Tito Mboweni agreed to a 10.5 billion rand ($641 million) bailout for the country’s grounded national airline, after a lengthy search…
SpiceJet to fly seaplane shuttle to world’s tallest statue
SpiceJet Ltd. is starting a seaplane service connecting the city of Ahmedabad with Kevadia, site of the world’s tallest statue -- a 182-meter tribute to…
ANA’s new budget carrier faces skepticism even before it flies
ANA Holdings Inc.’s plan to launch a new low-cost carrier has doubters already, given the coronavirus pandemic’s impact on airlines worldwide and an industry trend…
Swire Pacific, Swire Properties suspend trading in Hong Kong
Swire Pacific Ltd. and Swire Properties Ltd. suspended trading of their shares in Hong Kong, pending an announcement.
Qatar Airways faces strike over examination of Australians
Qatar Airways faces an effective grounding of its planes in Sydney as workers consider striking over the treatment this month of some female Australian passengers…
Virgin Galactic hires two new pilots into its pilot corps
Virgin Galactic today announced the appointment of two new pilots into its Pilot Corps, bringing the total number of pilots to eight.