Air Freight News
Aeroflot Group Announces Operating Results for March 2020
Aeroflot PJSC announced the operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for March and 3M 2020.
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A record-breaking shipment bound for American soil
American Airlines ships more than 115,000 pounds of seeds to US farmers for a busy planting season
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With ‘Virtually Zero’ Air Travel, Southwest Warns of Pay Risk
Southwest Airlines Co. has to prepare for the risk of becoming a “drastically smaller” company, and Chief Executive Officer Gary Kelly told employees he’d prefer…
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South African Airways Warns of Managed Job Losses or Liquidation
South African Airways administrators delivered a stark choice to those opposing their plan to fire the entire workforce and sell assets: It’s either that or…
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Delta Air Lines Seeks $3 Billion in Bonds, Loan on Shutdown
Delta Air Lines Inc. is seeking to raise $3 billion from loans and bonds as it grapples with a global travel shutdown caused by the…
Finding a Buyer for Virgin Australia Is a Job Worth $127,000
Restructuring experts expect to be paid just A$200,000 ($127,000) for the monumental task of finding a buyer for Virgin Australia Holdings Ltd., the highest-profile airline…
Boeing Sued By Kuwaiti Company Trying to Recoup $336 Million
A Kuwaiti aviation leasing company sued Boeing Co. for the return of $336 million that it paid in advance for 40 of the still-grounded 737…
Delta Air Lines Seeks $3 Billion in Bonds, Loan Amid Travel Halt
Delta Air Lines Inc. is seeking to raise $3 billion from loans and bonds as it grapples with a global travel shutdown caused by the…
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Virgin Atlantic’s Co-Owner Raises Specter of Administration
The co-owner of struggling Virgin Atlantic Airways Ltd. said it’s unable to invest more and raised the possibility that Richard Branson’s U.K. airline could face…
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Virgin Atlantic resumes Shanghai cargo services
Virgin Atlantic Cargo has become the first British airline to resume scheduled services to China, operating three flights a week from Heathrow Airport to Shanghai.