Air Freight News
Ryanair boss says the U.K. shouldn’t bail out airlines: Mail
Ryanair boss Michael O’Leary said the U.K. government should not give airlines a bailout to survive the lockdown despite rivals’ pleas for further state aid,…
Singapore Air reports its biggest-ever loss
Singapore Airlines Ltd. posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its…
EasyJet sells planes to raise cash as it slashes services
EasyJet Plc boosted cash reserves via a new round of aircraft sales as a wave of coronavirus lockdowns pushes it to deepen capacity cuts.
Japan Airlines to raise as much as $1.6 billion from share sale
Japan Airlines Co. will raise as much as 168 billion yen ($1.6 billion) via an overseas and domestic share sale, using the proceeds to reduce…
IndiGo prepares mega engine order, defying aviation gloom
IndiGo, India’s biggest airline, is in talks with Pratt & Whitney and CFM International Inc. for its next batch of jet engine orders, according to…
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US airlines September 2020 fuel use down 9% from August
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ September Fuel Cost and Consumption numbers.
Air France KLM Martinair Cargo to enhance service proposition in German market
On 2 November 2020, our ground handling agent at Frankfurt Airport, Swissport Cargo Services, opened its new, state-of-the-art warehouse.
IndiGo in talks for big engine order, defying aviation gloom
IndiGo, India’s biggest airline, is in talks with Pratt & Whitney and CFM International Inc. for its next batch of jet engine orders, according to…
Lufthansa bleeding cash with flights stunted by lockdowns
Deutsche Lufthansa AG said it needs to double operations from current levels if it’s to stem losses, delivering a stark assessment of the challenge facing…
Sorry, Boeing, the yacht had to go
A $13 million price tag for a corporate perk is pennies compared with the aerospace giant's huge debt burden, but at this point every bit…