Air Freight News
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Air France-KLM surprise profit beat lifts shares to 5-year high
Air France-KLM reported better than expected annual results that sent its shares to a five-year high on Thursday after the airline benefitted from tight cost…
Air France-KLM ready to meet Portuguese government’s conditions for TAP privatisation
Air France-KLM has had positive discussions with the Portuguese government about its possible participation in a privatisation of flag carrier TAP, and would agree to…
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Europe’s airlines pivot to bite size M&A deals to limit cost, regulatory burden
Europe's major airlines are targeting smaller deals and tie-ups after facing regulatory push-back against full mergers, focusing on minority stakes to strengthen their position against…
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Ethiopian Airlines to commence new flight service to Porto in Portugal
Ethiopian Airlines, the largest airline in Africa and one of the fastest-growing airline brands in the world, is proud to announce the commencement of a…
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CPaT announces new contract with Algeria’s flag carrier, Air Algérie
CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, today announced they have been awarded a new contract with…
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British Airways owner IAG profit beats estimates, plans share buyback
British Airways owner IAG reported a 27% jump in annual operating profit on Friday, beating market expectations as it curbed costs and growth in its…
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Japan’s ANA taps Boeing, Airbus, Embraer in 77-jet order
Japan's ANA Holdings said on Tuesday it planned to place a company-record order for up to 77 aircraft to replenish its fleet and take advantage…
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Brazilian airline Azul to go ‘back to basics’ after challenging 2024
Brazilian airline Azul expects to go "back to basics" and be able to focus more on its operations this year, Chief Executive John Rodgerson said,…
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American Airlines says its flight diverted to Rome after security concern
An American Airlines flight from New York to New Delhi was diverted to Rome on Sunday due to a security concern later determined to be…
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Airlines warned as Chinese navy holds live-fire exercises off Australia
Australia's Foreign Minister Penny Wong raised concerns with her Chinese counterpart on Friday over inadequate notice given by the Chinese navy of a rare live-fire…