Air Freight News
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Lufthansa travelers face upheaval as ground crews strike again
Germany is set to face new travel disruption next week as labor union Verdi calls for a one-day warning strike of Lufthansa AG ground personnel…
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Airlines’ chief pleads for more green fuel to save air travel
The head of global airlines’ biggest trade group implored oil producers to make more low-emissions aviation fuel, warning the future of commercial air travel depends…
Lufthansa faces EU warning shot over $350 million ITA deal
Deutsche Lufthansa AG’s €325 million ($350 million) investment in Italian carrier ITA Airways is under threat from European Union merger watchdogs unless it fixes a…
Singapore plans sustainable fuel levy that will push up airfares
Singapore plans to introduce a levy on air fares to pay for sustainable aviation fuel, an early sign of how the industry’s decarbonization efforts will…
Air New Zealand warns competition, slow demand will hit earnings
Air New Zealand warned that earnings will drop in the six months through June amid increased competition from US rivals and slowing corporate demand.
JetBlue, Icahn reach deal to give activist two board seats
JetBlue Airways Corp. agreed to give two board seats to Carl Icahn, heading off a potential proxy fight after the activist investor revealed a nearly…
Air Canada warns of higher costs from new agreement with pilots
Air Canada shares tumbled after the airline warned it may face higher operating costs in 2024 as it works out a new labor agreement with…
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WestJet Airlines Ltd. Upgraded To ‘B’ From ‘B-’ on improved credit metric and refinancing
Credit measures have been trending better than expected, supported by passenger traffic growth, particularly on transborder and international routes...
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Turkish Cargo is honored with two awards at Air Cargo India 2024
The STAT Times International Awards for Excellence in Air Cargo, held annually in Mumbai, India, are determined through a two-stage online voting process involving STAT…
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United adds new corporate partners to Sustainable Flight Fund that now exceeds $200 million
Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis CIB, Safran, and Technip Energies are now part of first-of-its-kind effort to reduce emissions and drive production…