Air Freight News
US judge rejects Boeing plea deal in fatal crashes
A U.S. federal judge on Thursday rejected Boeing's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, faulting a…
US seeks comment on airline passenger cash compensation proposal
The U.S. Department of Transportation said on Thursday it was seeking public comment on whether airlines should be required to pay passengers cash compensation when…
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Southwest Airlines raises fourth-quarter unit revenue forecast on travel demand uptick
Southwest Airlines on Thursday raised its forecast for fourth-quarter revenue per available seat miles, benefiting from improved pricing and a rebound in domestic travel demand.
American Airlines raises Q4 adjusted earnings forecast
American Airlines lifted it fourth-quarter adjusted earnings forecast on Thursday, banking on resilient travel demand and an overall improvement in pricing power.
Senator blast airlines at oversight hearing over rising fees
Senators on Wednesday harshly criticized rising airline fees for luggage and seat assignments, saying carriers are looking for new ways to extract more money from…
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Airbus to cut 2,043 jobs in Defence and Space, sources say
Airbus is cutting 2,043 jobs in its Defence & Space businesses, or 6% of the divisional workforce, drawing back slightly from an earlier target of…
Delta Air Lines Inc. upgraded to ‘BBB-’ on expectation for stronger-than-forecast credit measures
• S&P Global Ratings expects Delta Air Lines Inc. will generate sustainably stronger credit measures than we previously forecast, supported by its steady margin expansion…
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By the numbers: American Airlines wraps up 2024
As we make our final descent on 2024, American Airlines will have flown more than 2.1 million flights across 1.8 billion miles — enough to…
JetBlue forecasts smaller 2024 revenue dip as domestic travel demand picks up
JetBlue Airways said on Wednesday it expects a smaller-than-expected drop in its 2024 revenue as domestic travel demand rebounded following the U.S. presidential election.
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Cathay Pacific adds Munich and Brussels to its European network
Cathay Pacific has announced that it will be launching direct flights to Munich for the very first time as well as returning to Brussels in…