Air Freight News
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Cathay Pacific to launch direct flights connecting Hong Kong and Riyadh
Strengthening Hong Kong’s role as an important hub for the Belt and Road Initiative
Operating in a war zone, a Lebanese airline tries to keep flying
Lebanon’s national carrier is no stranger to operating in a conflict zone. Back in 2006, an Israeli air strike destroyed the runways of Beirut–Rafic Hariri…
American Air flight attendants union rejects pay hike offer
The union for American Airlines Group Inc. flight attendants rejected a company offer of an immediate 17% pay raise and increased profit sharing and urged…
Turkish Airlines gets into parts production amid supply snags
Turkish Airlines is branching out into manufacturing of aircraft components including seats and engine parts as the carrier seeks to leverage its giant order book…
S&P cuts Spirit Airlines’ debt to CCC on cash crunch concerns
S&P Global Ratings downgraded the debt of Spirit Airlines Inc. deeper into junk status by cutting it to CCC from CCC+, citing an expected cash…
Ryanair loses fight over Spain’s €10 billion Covid aid
The European Union’s competition enforcers were right to approve a €10 billion ($10.9 billion) Spanish bailout fund to support companies hit by the coronavirus pandemic,…
American Air offers flight attendants immediate 17% pay hike
American Airlines Group Inc. has offered flight attendants an immediate 17% pay raise and increased profit sharing, an unusual move amid contentious contract talks.
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Cathay and Singapore Airlines to collaborate on sustainability initiatives
Cathay and Singapore Airlines (SIA) have signed a Memorandum of Understanding (MoU) to collaborate on a broad range of sustainability initiatives.
Pakistan Air bidder says partnership better than stake sale
A bidder for Pakistan International Airlines has suggested the government seek a partner rather than sell stake in the carrier.
Airfares set to moderate in economy cabin at least, CEOs say
After more than a year of eye-watering airfares post-Covid, there’s some good news for fliers this summer, at least for those traveling in economy —…