Air Freight News
Norwegian Air hits record market value in logic-defying rally
Norwegian Air Shuttle ASA is facing its worst crisis ever and just went through a big restructuring, but the airline’s market value has never been…
No green strings sttached in Lufthansa’s bailout package
Germany’s multi-billion euro bailout of Deutsche Lufthansa AG may cost the airline some precious airport slots, but one thing it won’t have to do is…
EasyJet CFO Findlay says he’ll leave after surviving ouster vote
EasyJet Plc Chief Financial Officer Andrew Findlay has informed the carrier that he plans to leave next year, days after facing down a demand for…
Latam Air files Chapter 11 bankruptcy, stymied by lockdowns
Latam Airlines Group SA, Latin America’s largest air carrier, sought bankruptcy court protection in New York after the Covid-19 pandemic grounded flights across the region.
I took one of India’s first flights in months. It was a pain.
As I checked in for one of the first flights in India in two months, the baggage-tag dispenser spat out five boarding passes for me.…
Signs emerge Asian airlines could take off with easing lockdowns
One notable industry yet to join the Asian equity rebound is airlines, hit especially hard by global restrictions on travel and tourism from the coronavirus…
India’s Maharashtra to start domestic flights with fewer planes
India’s Maharashtra, home to the nation’s financial hub Mumbai, will resume commercial flights on Monday with reduced domestic services as the state struggles to contain…
Pakistan jet hit runway, took off again before crashing
It was supposed to be another regular flight on one of Pakistan’s busiest domestic routes between its two biggest cities.
Bain Capital plans second-round bid for Virgin Australia
Bain Capital LP is preparing a second-round proposal to become the owner and operator of Virgin Australia Holdings Ltd., the U.S. alternative asset manager said…
Pilots said engines lost power before Airbus crashed in Karachi
A Pakistani airliner crashed into a residential neighborhood of Karachi, killing all but two people on board after pilots reported losing power from both the…