Air Freight News
Emirates to resume flying A380 superjumbos to London, Paris
Emirates plans to restart flying Airbus SE A380 superjumbos to London and Paris from next month as the world’s biggest long-haul airline ramps up operations.
AAAE applauds inclusion of airport investment in House infrastructure proposal
American Association of Airport Executives (AAAE) President and CEO Todd Hauptli issued the following statement regarding the release of comprehensive infrastructure investment legislation – The…
American Air to raise $1.94 billion in share, convertible deals
American Airlines Group Inc. is set to raise $1.94 billion by selling equity and convertible bonds later this week after increasing the size of both…
Lufthansa misses deadline for staff cost cut deal with unions
Deutsche Lufthansa AG missed its deadline to secure union backing for lowering labor costs, underscoring the challenge the German carrier faces to rebound from the…
South African Airways bailout plans emerge from private investors
South Africa’s government received proposals from private financiers interested in investing in a restructured state airline.
American Airlines to raise $2 billion from share, convertible sale
American Airlines Group Inc. is set to raise $2 billion selling shares and convertible bonds after increasing the size of both offerings, according to people…
Germany dares Lufthansa’s billionaire top shareholder to scuttle bailout
Germany stood by its 9 billion-euro ($10 billion) bailout plan for Deutsche Lufthansa AG, daring the airline’s disgruntled top shareholder to shoot it down at…
Qatar Airways global network increases to more than 270 weekly flights to over 45 destinations
The national carrier of the State of Qatar continues to maintain its position as the largest international carrier in the world, operating over 270 weekly…
Aeroflot Group announced operating results for May 2020
Aeroflot PJSC announced operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for May and 5M 2020[1]. 5M 2020 Operating…
Lufthansa’s Fate Will Affect Thousands of German Savers Holding Its Debt
The outcome of a proposed bailout of flag carrier Deutsche Lufthansa AG that’s meeting resistance from its largest shareholder, will impact the savings of thousands…