Air Freight News
AirAsia weighs raising $234 million via rights issue
AirAsia Group Bhd. is considering raising about 1 billion ringgit ($234 million) through a rights issue after an external auditor raised concerns about its viability,…
South African Airways labor unions accept severance packages
Labor unions and representatives of non-unionized managers and ground staff at South African Airways agreed to accept voluntary-severance packages before the state-owned carrier’s proposed restructuring.
Boeing has settled almost all Lion Air crash-death claims
Boeing Co. said it settled 90% of the wrongful death claims filed in a U.S. court over the 2018 crash of a 737 Max jet…
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United Airlines sees risk of stalled rebound on virus surge
United Airlines Holdings Inc. warned employees that a jump in coronavirus infections in parts of the South and West is jeopardizing a nascent recovery for…
Fake pilots, fatal crash, virus expose Pakistan’s broken airline
For decades Pakistan International Airlines Corp. stood for a resurgent post-colonial nation, flying the flag from New York to Tokyo. Now the airline is struggling…
Kenya Airways pilots offer going on unpaid leave in jobs tussle
Kenya Airways pilots warned the carrier against cutting jobs and offered to go on unpaid leave to help mitigate the impact of the Covid-19 outbreak…
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Tyler to lead American Airlines as President of Cargo
American Airlines announced that Jessica Tyler has been named President of Cargo and Vice President of Airport Excellence, leading the teams responsible for the success…
Delta, Southwest lay groundwork to take federal loans if needed
Delta Air Lines Inc. and United Airlines Holdings Inc. are among major airlines that may tap a federal loan program as the industry copes with…
Rolls-Royce’s Boeing 787 engine in new safety alert over cracks
Rolls-Royce Holdings Plc faces a fresh issue with the Trent 1000 turbine that powers Boeing Co. 787 Dreamliner jets, adding to the list of design…
Lufthansa starts reducing fleet, cutting jobs after state rescue
Deutsche Lufthansa AG will cut 20% of managerial positions and accept no more than 80 planes from its current order book as it slashes spending…