Air Freight News
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Lufthansa Warns of Urgent Need for Bailout as Talks Drag On
Deutsche Lufthansa AG’s management said the need for a multibillion-euro coronavirus bailout was becoming “urgent” as talks with the government in Berlin drag on.
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U.S. Airlines Show Signs of Life After April Travel Collapse
U.S. airlines reported signs that travel demand is perking up, suggesting the beginnings of a rebound from an unprecedented collapse because of the coronavirus pandemic.
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Mnuchin Says United Complying With Virus Law Despite Layoffs
United Airlines Holdings Inc. is complying with the law as it takes $4.95 billion in federal aid yet still plans to lay off thousands workers…
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FAA Outlines Reforms Planned After Boeing 737 Max Missteps
The Federal Aviation Administration released multiple steps it plans to take to change how it reviews aircraft designs, a process that was criticized after two…
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Thai Airways to Seek Restructuring Under Bankruptcy Law
State-controlled Thai Airways International Pcl will seek a restructuring under Thailand’s bankruptcy law after tourism and travel collapsed because of the novel coronavirus pandemic.
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Qantas Says Airfares Could Jump Ninefold With Social Distancing
Qantas Airways Ltd. said putting extra space between passengers on planes could lead to a big increase in airfares and discourage people from flying.
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Delta to Pull Some Older Jets From NYC by Thinning 717 Fleet
Delta Air Lines Inc. will pare its fleet of Boeing Co. 717 jets by at least half over the next year, continuing to cull older,…
Thai Airways Closer to Rehabilitation Via Bankruptcy Court
State-run Thai Airways International Pcl is a step closer to restructuring via a bankruptcy court after a key government panel backed the plan, which is…
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Ryanair Taps U.K. Loan Program, Digs In for Slow Recovery
Ryanair Holdings Plc boosted its liquidity with a 600 million-pound ($726 million) loan backed by the U.K. government and said the coronavirus crisis will reduce…
South Africa Seeks Clout in New Airline
Pravin Gordhan, South Africa’s minister for public enterprises, is staking his own credibility and that of President Cyril Ramaphosa’s government on the creation of a…