Air Freight News
Air France Readies Plan for 8,300 Voluntary Job Cuts
Air France plans to offer about 8,300 staff incentives to leave the airline, in a bid to cut costs without stirring a political backlash after…
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Lufthansa Pleads With Investors to Back $10 Billion Bailout
Deutsche Lufthansa AG issued a plea to investors to turn up and vote for a 9 billion-euro ($10 billion) bailout package or risk tipping Europe’s…
Norwegian Air Jumps After Boosting Capacity for Summer Travel
Norwegian Air Shuttle ASA jumped after an easing of travel restrictions allowed it to reopen dozens of European routes.
Hundreds of Beijing Flights Canceled After Virus Flare-Up
More than 1,200 flights in and out of Beijing were canceled Wednesday, state media reported, as the Chinese capital wrestles with a fresh coronavirus outbreak…
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South African Airways Needs $1.5 Billion in State Funding
South African Airways’ administrators proposed the government put up at least 26.7 billion rand ($1.5 billion) to rescue the carrier after years of losses and…
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AirAsia Eyes Durian Flights as Part of Farm-to-Table Food Push
Asia’s biggest budget airline AirAsia Group Bhd. is mulling flying thorny, pungent durians around the region as part of a plan to use its trucks…
Portugal Estimates It Will Give TAP a Loan of 950 Million Euros
The Portuguese government estimates the loan it will provide to airline TAP SGPS SA will be of 950 million euros ($1.1 billion), Finance Minister Joao…
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Boeing Max Return in Europe Risks Delay Over Travel Rule
The return of Boeing Co.’s 737 Max to European skies is at risk of additional delays because of U.S. coronavirus travel restrictions that have hindered…
U.S. Expands Flights from Chinese Airlines to Four Per Week
The U.S. government will allow Chinese airlines four flights a week into its airports, an expansion following China’s announcement it would permit the same number…
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United expects to have approximately $17 billion in available liquidity by September 2020
New, proposed $5 billion MileagePlus transaction, combined with available CARES Act funding, provides even more flexibility to navigate the most disruptive financial crisis in the…