Air Freight News
American Air sees return to profit on summer travel demand
American Airlines Group Inc. expects a return to profit heading into the busy summer travel season after bad weather and delays linked to air traffic…
Ryanair CEO urges leadership continuity at Boeing in crisis
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co. management needs to focus on continuity as it seeks to stabilise the business, and…
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Boeing CEO upbeat on cash goal, says quality review progressing
Boeing Co. Chief Executive Officer Dave Calhoun said the embattled planemaker is making progress toward turning around its manufacturing and that it will hit its…
Airlines must now pay automatic refunds for canceled flights
Airlines will now have to provide automatic refunds to travelers if their flights are canceled or significantly altered under new US Department of Transportation rules.
Japan Airlines CEO describes weak yen as a ‘big problem’
Japan’s weak currency is a “big problem,” Japan Airlines Co. Chief Executive Officer Mitsuko Tottori said in a group interview, adding that a stronger rate…
Ryanair CEO says he’d ‘happily’ offer Rwanda deportation flights
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary weighed into the UK’s controversial plan to deport refugees to Rwanda, saying he would “happily” do the…
Boeing’s $3.9 billion cash burn adds urgency to revival plan
Boeing Co. burned through $3.93 billion in cash in the first quarter, a less dramatic drain than analysts had predicted, as the embattled planemaker continues…
Boeing’s revival roadmap put to test by dwindling time and cash
Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise to two opposing questions: Is that too little…
Boeing’s cascade of mishaps fails to deter Wall Street backers
For a company that has been in crisis mode for as long as Boeing Co., the planemaker has some startlingly upbeat support from Wall Street.
GE Aerospace raises earnings goal on strong engine sales
General Electric Co. raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft engines and services.