Air Freight News
Frontier Group revives plans to sell shares in new airline IPO
Frontier Group Holdings Inc. revived its plan to go public as expectations build for a recovery in flights after last year’s unprecedented travel collapse.
US airline flyers top 1 million-a-day pace, a pandemic rarity
U.S. airlines carried an average of more than 1 million passengers a day in the past week, the highest non-holiday total since the Covid-19 pandemic…
American Air borrowing $7.5 billion in loyalty-backed debt
American Airlines Group Inc. is kicking off a $7.5 billion sale of bonds and leveraged loans backstopped by its frequent-flyer program, capitalizing on low borrowing…
Lufthansa embraces rail alternative amid emissions pressure
Deutsche Lufthansa AG and German state railway Deutsche Bahn AG will cooperate on express-train services that could replace short-haul flights amid heightening concern about aviation’s…
Senior plans to add hundreds of staff for Airbus A320 ramp up
Aerospace supplier Senior Plc said it expects to hire several hundred new staff in the second half of this year as major customer Airbus SE…
GE nears deal with AerCap to create behemoth aircraft lessor
General Electric Co. is nearing an agreement to combine its jet-leasing business with Ireland’s AerCap Holdings NV, said people familiar with the matter, in a…
U.K. aviation industry calls on Johnson for more financial aid
Heathrow airport, unionized workers and ground-handling staff issued a joint plea to U.K. Prime Minister Boris Johnson for more state funding to help the aviation…
Airline insiders sell most shares in three years amid rally
Airline executives and directors sold $49.9 million of stock in February, the most in three years, as industry shares posted a record rally fueled by…
United, British Air sound alarm on Alliance data breach
British Airways, United Airlines Holdings Inc. and Singapore Airlines Ltd. were among carriers affected by a cyberattack that hit the Star and Oneworld alliances, exposing…
Boeing CEO makes $21 million on paper, pockets just $269,321
Boeing Co. Chief Executive Officer Dave Calhoun got total compensation of $21 million last year, but his take-home pay was a small fraction of that…