Air Freight News
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Air Travel Consumer Report: December 2020, full year 2020 numbers
The U.S. Department of Transportation today released its February 2021 Air Travel Consumer Report (ATCR) on reporting marketing and operating air carrier data compiled for…
Thai Airways posts record $4.7 billion loss as debt revamp looms
Thai Airways International Pcl, the nation’s flag carrier in the middle of a debt restructuring, reported a record loss last year after the coronavirus outbreak…
Cracks in jet engines can elude inspectors, with deadly results
As regulators around the world order urgent inspections of certain Boeing Co. 777 engines after one failed dramatically over suburban Denver last Saturday, they must…
Watchdog calls FAA oversight still inadequate after reforms
The U.S. regulator that approved the flawed Boeing Co. 737 Max design has continuing weaknesses and is vulnerable to “future high-risk safety concerns,” a government…
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FAA orders high-tech inspections of engines on Boeing 777s
The Federal Aviation Administration’s airworthiness directive mandates that the titanium fan blades on certain Pratt & Whitney engines be examined immediately before they can return…
South Africa resists call for more airline funds with jets idle
South Africa resisted adding yet more billions of rand to its ongoing bailout of the country’s bankrupt national airline, sticking to the idea that a…
Airline cash burn could be double previous forecast, IATA warns
Airlines could burn through as much as $95 billion this year as new coronavirus strains lead governments to extend travel restrictions, close to double the…
Bankrupt Norwegian Air near deal to end Airbus jet deliveries
Norwegian Air Shuttle ASA is near agreement to end jet deliveries from Airbus SE as part of its restructuring, wiping dozens of orders off the…
Russian civil jet delayed to 2022 after US sanctions
Russia plans to begin manufacturing the first domestic medium-range passenger jet since the Soviet era next year, after U.S. sanctions delayed the project by as…
EasyJet’s cost of cash sinks after Johnson’s summer travel plan
The plunge in EasyJet Plc’s borrowing costs this week shows what a difference three days makes.