Air Freight News
American Air CEO says bankruptcy is an option he won’t consider
American Airlines Group Inc.’s top executive sought to shut down persistent rumors that the debt-laden carrier could be forced into bankruptcy during the coronavirus travel…
Boeing begins cutting workforce with 6,770 layoffs in US
Boeing Co. unveiled the first and deepest of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their…
SAA administrators see reasonable chance of rescuing airline
The administrators of South Africa’s bankrupt state-owned airline said they see a “reasonable prospect of rescuing” it.
Lufthansa board holds up rescue in protest of EU slot demands
Deutsche Lufthansa AG’s supervisory board held off on accepting a bailout from Germany, raising the stakes in a tug-of-war with the European Union over antitrust…
Airlines are gathering momentum for a short haul
One of the few sectors left behind in the sharp April rebound has finally taken off. European airlines have rallied hard in the past few…
Quarantine-free flights from Australia could start within weeks
An air-travel corridor between Australia and New Zealand could be trialed within weeks, a key test of how international flights worldwide can resume while the…
Air France-KLM seeks to cut staff, French capacity in revamp
Air France-KLM has started talks with unions to reduce staff as part of a restructuring to be unveiled in the coming months -- a plan…
Ryanair maps growth plan with 737 Max jets while rivals shrink
Ryanair Holdings Plc is planning to rekindle growth after the coronavirus crisis by negotiating incentives with traffic-starved airports and betting on the return of Boeing…
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…