Air Freight News
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Swiss WorldCargo adds more cargo destinations to its network
Following the recent launch of its network of cargo flights, Swiss WorldCargo will add several additional routes to its current schedule:
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American Air to put A330-200s into storage on demand collapse
American Airlines Group Inc. will move its Airbus SE A330-200 fleet into long-term storage at least until 2022 as the carrier has no use for…
United Airlines announces proposed senior secured notes offering
Today, United Airlines, Inc. ("United") announced that it intends to commence a private offering to eligible purchasers of $2.25 billion in aggregate principal amount of…
Wizz Air targets UK push with Gatwick slots coming free
Wizz Air Holdings Plc is plotting a major expansion at London Gatwick airport as rival carriers pull back, paving the way for the Hungarian low-cost…
Singapore Air soars most since 1987 on hopes of easing lockdowns
Singapore Airlines Ltd.’s shares surged the most in more than three decades on bets that ongoing fund raising will help the carrier survive as lockdown…
Ethiopian Airlines ready to be savior to fellow African carriers
Ethiopian Airlines Group is prepared to come to the rescue of stricken carriers around Africa, even as the continent’s biggest airline deals with its own…
Tiny Cape Air paved way for JetBlue, Spirit to exit big cities
The U.S. Transportation Department on Tuesday allowed JetBlue Airways Corp. and Spirit Airlines Inc. to halt flights to several large U.S. cities through September, thanks…
Delta Air thins out cabins further, going beyond the Middle Seat
Delta Air Lines Inc. is taking social distancing beyond keeping some middle seats off limits, saying it will cap sales at 50% in first class…
ETF traders defy Buffett’s warning about airlines
Investors in exchange-traded funds are brushing off billionaire Warren Buffett’s dire warnings on the airline industry.
Virgin Atlantic to cut third of its workforce, quit Gatwick
Virgin Atlantic Airways Ltd. plans to eliminate 3,150 jobs, or about a third of the workforce, and shutter its London Gatwick hub to ride out…