Air Freight News
India considers reopening skies for commercial flights next week
India is considering allowing some domestic flights to resume on May 18 or earlier as the government looks to reopen a key part of the…
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The Federal Government and LATAM begin transportation of 240 million masks to Brazil
The Ministry of Infrastructure coordinated a special operation to bring protective equipment, purchased by the Ministry of Health, from China
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U.K. Quarantine Upends Airline Plans for Return to Flight
A U.K. plan to quarantine arriving air passengers threatens to upend the airline industry’s timetable for a resumption in flying over the coming summer months.
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Spain Says EU Airline Response Would Avoid Competition Issues
The Spanish government is pushing for a European-wide response to shore up the airline industry so that carriers face a “level playing field,” according to…
Indonesia Drafts $1 Billion Rescue Plan to Save Flag Carrier
Indonesia is finalizing a $1 billion financial bailout plan for its flag carrier to help it stave off a debt default after the coronavirus crisis…
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Avianca Files for Bankruptcy as LatAm Skies Stay Closed
Avianca Holdings SA, one of the biggest carriers in Latin America, filed for Chapter 11 bankruptcy after travel bans across the region forced the Colombian…
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Virgin Atlantic to Pitch Investors Amid Administration Risks
Virgin Atlantic Airways Ltd. will begin pitching to potential investors Monday as it seeks to avoid collapse with air travel effectively grounded and the U.K.…
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Emirates Group Profit Drops 28% as Virus Cuts Into March Income
Emirates Group, which operates the world’s largest long-haul carrier, reported a 28% decline in full-year profit as the impact of the coronavirus cut into earnings…
Italy Weighing Candidates for New Alitalia Company
The Italian government is assessing several candidates to head a new state-controlled company to run failed carrier Alitalia SpA, newspaper Il Sole 24 Ore reported…
United Air Scraps $2.25 Billion Bond Deal After Terms Disappoint
United Airlines Holdings Inc. abandoned a $2.25 billion sale of junk bonds because it wasn’t satisfied with the terms, said people familiar with the transaction.