Air Freight News
Airbus scores widebody jet wins in two Boeing-leaning markets
Airbus SE secured two major orders from the flagship carriers of Japan and South Korea, giving the European manufacturer a strategic win in markets that…
Cathay Pacific releases traffic figures for February 2024
Cathay Pacific today released its traffic figures for February 2024, which showed strong travel demand throughout the month, in particular during the Chinese New Year…
Pakistan Airlines extends gain to 600% on privatization progress
Shares of Pakistan International Airlines rallied to a record as the government’s bid to sell the state-owned carrier made progress.
Saudia set to move out of Riyadh to make room for new airline
Saudi Arabia’s flag carrier will gradually move out of Riyadh’s airport to make room for the kingdom’s newest airline, allowing it to focus on its…
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Japan Airlines to buy 42 new planes from Airbus and Boeing
Japan Airlines Co. will buy 42 new Boeing Co. and Airbus SE jets in a multibillion dollar order to expand its international network amid rising…
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Airbus inks $14 billion deal with Korean Air as Boeing snubbed
Korean Air Lines Co. passed over embattled Boeing Co. — typically the carrier’s top aircraft supplier — to order 33 Airbus SE A350 wide-body jets…
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Boeing sees massive cash drain as 737 Max episode takes toll
Boeing Co. predicted a massive cash drain for the first quarter as regulatory scrutiny and slower output of its 737 Max jetliner following a January…
Airline SAS wins court approval on $1.2 billion restructuring
Scandinavian airline SAS AB won bankruptcy court approval on a debt restructuring funded by a $1.2 billion investment anchored by Air France-KLM and private equity…
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Boeing needs more focus on safety and quality, FAA chief says
Boeing Co. needs to shift its focus from the business of making planes toward safety in the wake of recent findings on lapses surrounding the…
Lufthansa sees strike related costs bulging to 250 million euros
Deutsche Lufthansa AG has seen strike-related costs balloon to 250 million euros ($271 million) since the start of the year after a series of walk-offs…