Air Freight News
Rolls-Royce experiences a unique kind of hell
The jet-engine maker has plenty of cash and liquidity, but its liabilities are sky high.
Airbus drought worsens with third month of zero jet orders
Airbus SE failed to secure any aircraft orders for a third month this year, as the collapse in global air travel battered demand for new…
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United Air warns 36,000 US employees that jobs are at risk
United Airlines Holdings Inc. notified 36,000 U.S. employees, or 45% of the workforce, that their jobs are at risk after federal payroll aid expires at…
As governments lift lock-down measures, Ethiopian announces resumption of regular service
Ethiopian Airlines, Africa’s largest airline is resuming service to Dubai further to the ending of the lock-down and its opening for leisure travelers as of…
Airbus union in UK calls for French, German style job support
Airbus SE’s main U.K. union called for “French and German style intervention” in the aerospace industry to avoid the loss of thousands of aerospace industry…
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…