Air Freight News
Citadel, United among lenders in $2 billion Avianca funding
The hedge fund Citadel Advisors LLC, United Airlines and a Salvadoran air mogul are among investors offering loans as part of Latin American airline Avianca…
Aeroflot restarts regular flights to Kyrgyzstan, Belarus, Kazakhstan and South Korea
Aeroflot announces that international service between Moscow and Kyrgyzstan (Bishkek), Belarus (Minsk) and Kazakhstan (Nur-Sultan) will restart over the next week. Regular service between Moscow…
Airbus CEO warns on jobs after air travel market worsens
Airbus SE Chief Executive Officer Guillaume Faury stepped up his warning that more jobs may have to be cut at the European planemaker as a…
Avianca seeks bankruptcy court approval of $2 billion financing
Avianca Holdings SA, the Latin American airline that filed for Chapter 11 bankruptcy protection in May, is now seeking court approval for financing totaling about…
FAA’s own engineers say proposed fixes to Max aren’t enough
The union representing the Federal Aviation Administration engineers overseeing Boeing Co.’s redesign of the grounded 737 Max says the government’s proposed fixes to the plane…
American to start Boeing 737 Max pilot training in November
American Airlines Group Inc. plans to distribute updated computer-based instruction to pilots for the grounded Boeing Co. 737 Max in late October, with simulator-based training…
Rolls-Royce hits 17-year low as slump deepens for airlines
Rolls-Royce Holdings Plc fell to its lowest in 17 years after detailing a plan to raise as much as 2.5 billion pounds ($3.2 billion) to…
Airbus unveils hydrogen designs for zero-emission flight
European planemaker Airbus SE unveiled three designs it’s studying to build hydrogen-powered aircraft as it races to bring a zero-carbon passenger plane into service by…
Boeing whistle-blower says proposed 737 Max fixes aren’t enough
A whistle-blower at Boeing Co. is urging aviation regulators to add additional protections to the grounded 737 Max.
Kenya Airways CEO seeks $500 million from state to survive virus
Kenya Airways Plc needs at least $500 million to ride out the coronavirus crisis after first-half revenue plunged almost 50%, Chief Executive Officer Allan Kilavuka…