Air Freight News
HNA Units Say $10 Billion in Funds Misused by Shareholders
Three listed companies of China’s HNA Group Co. said shareholders and affiliates misappropriated at least 63 billion yuan ($9.8 billion) of funds, deepening the woes…
U.S. airlines renew job warnings as United sees 14,000 at risk
United Airlines Holdings Inc. notified 14,000 employees that their jobs will be at risk in April after the second round of federal payroll support expires,…
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Trudeau cancels flights to curb virus; Air Canada falls
Canadian Prime Minister Justin Trudeau is introducing sweeping new restrictions on international travel in a bid to stem the spread of new variants of Covid-19…
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American Air unit grounds most jets for door inspections
An American Airlines Group Inc. unit that operates regional flights has grounded most of its fleet to conduct inspections on aircraft doors.
Southwest Air knocks industry optimists: ‘We’re not in control’
Southwest Airlines Co.’s chief executive officer had blunt words for industry peers who have predicted that carriers will stop bleeding cash this year, saying it…
American Airlines unit grounds most jets for door inspections
An American Airlines Group Inc. unit that operates regional flights has grounded most of its fleet to conduct inspections on aircraft doors.
Germany cartel office probes Lufthansa on condor complaint
Germany’s cartel office opened an antitrust probe into Deutsche Lufthansa AG after leisure airline Condor complained about the termination of a commercial agreement between the…
Most of the world’s pilots are no longer flying for a living
More than half of the world’s airline pilots are no longer flying for a living, according to a worldwide survey highlighting how the Covid-19 pandemic…
Silk Way West Airlines announces its inaugural flight to Narita, Japan
Silk Way West Airlines announces the inauguration of a new twice-weekly service to and from Tokyo Narita Airport, with the first flight set for the…
EasyJet hunkers down as travel curbs wipe out flight demand
EasyJet Plc said it expects to fly at no more than 10% of normal capacity during the current quarter and withheld guidance for the year…