Air Freight News
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Virgin Galactic’s SpaceShipTwo Completes First Flight from Spaceport America
SpaceShipTwo goes solo in New Mexico airspace
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Second Boeing 777X Completes First Flight
Boeing conducted a productive and successful first flight of the second 777X airplane. Capt. Ted Grady, 777X project pilot, and Capt. Van Chaney, 777/777X chief…
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Alaska Airlines to require face masks for frontline employees and flyers
To align with the Centers for Disease Control (CDC) recommendations and to keep employees and guests safe, face masks will be mandatory for guests starting…
Ryanair Cuts 3,000 Jobs, Challenges $33 Billion in State Aid
Ryanair Holdings Plc will cut 3,000 jobs and said it will challenge some 30 billion euros ($33 billion) in state aid being doled out to…
IAG’s Iberia, Vueling Tap $1.1 Billion in New State-Backed Loans
Spanish airlines Iberia Lineas Aereas De Espana and Vueling Airlines SA have signed separate loan agreements for a combined 1 billion euros ($1.1 billion) to…
Ryanair to Cut 3,000 Jobs, Challenge $33 Billion in State Aid
Ryanair Holdings Plc will cut 3,000 jobs and said it will challenge some 30 billion euros ($33 billion) in state aid being doled out to…
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Boeing Rules Out Federal Aid After Raising $25 Billion of Bonds
Boeing Co. sold $25 billion of bonds in the largest offering this year, eliminating the need for more cash as the coronavirus pandemic upends the…
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United Airlines Sees Cash Burn Easing on Virus-Era Cost Cuts
United Airlines Holdings Inc. will wrestle its average daily cash burn down to no more than $45 million in the second quarter as the carrier…
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American Air Focuses on U.S. Aid While Rivals Sell Bonds, Equity
American Airlines Group Inc. is doubling down on government aid even as rivals expand their funding sources with sales of shares and bonds.
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Lufthansa Running Out of Bailout Road as Germany Sets Terms
Germany’s government has set out a unified position on a bailout for Deutsche Lufthansa AG, with the airline group expected to accept a significant state…