Air Freight News
Air Canada profit drops, weighed down by pressure on airfares
Air Canada reported a 47% drop in quarterly profit as margins were pressured by more competition and softening demand.
Boeing to redesign 737 Max door plug that sparked latest crisis
Boeing Co. is redesigning the fuselage component that blew out of a nearly new 737 Max 9 aircraft mid-flight in January, as the planemaker seeks…
Cathay places $11 billion Airbus order as net profit slips
Cathay Pacific Airways Ltd. will buy as many as 60 Airbus SE A330neo twin-aisle jets in an HK$85.5 billion ($11 billion) deal to underpin its…
Boeing’s midair blowout probed at marathon safety hearing
US safety investigators began a two-day hearing to learn more about what caused an almost-new Boeing Co. 737 Max 9 aircraft to lose a large…
Microsoft hits back at Delta in clash over system breakdown
Microsoft Corp. said Delta Air Lines Inc. turned down repeated offers for assistance following last month’s catastrophic system outage, echoing claims by CrowdStrike Holdings Inc.…
Click to Read More
U.S. airlines’ June 2024 fuel cost per gallon down 4.1% from May 2024
Aviation fuel consumption up 4.2% from pre-pandemic June 2019
Cathay Pacific nearing deal to buy dozens of widebody aircraft
Cathay Pacific Airways Ltd. is close to announcing a plan to buy dozens of twin-aisle aircraft and is favoring European planemaker Airbus SE in the…
CrowdStrike says Delta CEO ignored help offer during outage
CrowdStrike Holdings Inc. says the leadership of Delta Air Lines Inc. failed to respond to an offer for assistance in the wake of last month’s…
Click to Read More
Sustainable skies: Ethiopian Airlines’ MoU with Satarem marks a new era
Ethiopian Airlines Group has signed a Memorandum of Understanding (MOU) with Satarem America Inc. to partner on production and use of Sustainable Aviation Fuel (SAF)…
Click to Read More
Enhancing connectivity with ASEAN partners to grow the Hong Kong international aviation hub
Enhancing connectivity with ASEAN partners to grow the Hong Kong international aviation hub