Air Freight News
Qantas profit falls on cost of fixing damaged reputation
Qantas Airways Ltd. said full-year profit fell as the airline invested more to repair its battered reputation and air fares declined.
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Saudia Group concludes a successful Hajj season 1445H
Driven by the synergy of Saudia Group’s Companies
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Aeromexico celebrates 90 years by unveiling a new image on its aircraft
• The new design of the fleet, including the iconic the Caballero Aguila, is proof of the evolution of the airline, which is celebrating nine…
SAS emerges from Chapter 11 with fresh capital, new chair
After a two-year-long bankruptcy process, Scandinavia’s flagship airline SAS AB is now under the ownership of Air France-KLM and private equity firm Castlelake LP, with…
Canada’s Flair Airlines discusses balance sheet restructure
Canada’s Flair Airlines Ltd. is in talks to raise funds that would help ease the debt burden at the budget carrier beset by aircraft repossessions,…
Air China, China Southern latest to take C919 jets from Comac
China’s Comac is poised to hand over the first of two single-aisle C919 jets to new operators Air China Ltd. and China Southern Airlines Co.,…
[Freightos Weekly Update] Canada rail strike averted, but ILA action looms
Canada’s rail worker lockout was ended by government order last week, sending the parties to binding arbitration. The anticipation and one-day shutdown led to some…
China jet fleet to more than double on travel boom, Boeing says
China’s commercial jet fleet will more than double in the next 20 years, putting it on course to be the world’s largest air travel market,…
Elliott ups stake in Southwest Air, advancing overhaul push
Elliott Investment Management has increased its equity stake in Southwest Airlines Co. to 9.7%, nearing the amount needed to call a special shareholder meeting at…
Aeromexico will fly from Cancun to Miami
• Aeromexico will offer a non-stop daily flight beginning Dec. 19, 2024. • With this new route, Aeromexico will fly 10 daily flights to Florida,…