Air Freight News
American airports that binged on debt see travel slowly revive
Americans are slowly starting to fly again, which signals a positive turnaround for owners of the more than $120 billion of municipal debt sold by…
New operator concession for El Salvador Airport Cargo Terminal
Munich Airport International (MAI), the German based airport management and consulting firm, and EMCO, a Honduran construction company, have been awarded a concession to develop…
Australia in talks with Japan, South Korea on reopening travel
Australia has held discussions over plans to reopen international travel with nations including Japan, South Korea and Singapore, though remains cautious over easing measures to…
American Airlines plans move to Beijing Daxing International Airport in March 2021
American Airlines Group Inc. is moving flights to the biggest airport in the world: the new Beijing Daxing International Airport (PKX) when service returns from…
Cebu Air to raise $500 million, reduce fleet and network
Philippine budget carrier Cebu Air Inc. plans to raise $500 million by selling preferred stock and bonds, joining airlines worldwide in trying to increase capital…
Airports may not fully recover until late 2024 according to Fitch
Fitch expects the traffic level recovery speeds to vary regionally due to differences in traffic profiles - including whether flights are for business or leisure…
MAI successfully supported PAI in taking over operations of Toncontin International Airport
Palmerola International Airport (PIA) has now become the new airport operator of Toncontín International Airport in Tegucigalpa, Honduras.
Singapore races to open borders, warning its future is at stake
Singapore is exploring ways to safely open its borders after the coronavirus outbreak led to record losses at the nation’s flag carrier and decimated traffic…
San Miguel boss Ang to start airport construction, eyes airline
San Miguel Corp. will start work this month for a Philippine airport that’s scheduled to start servicing Manila in five to six years, President Ramon…
The Dubai-Istanbul route, once rammed with flights, stays silent
For years, passenger jets have darted back and forth between Istanbul and Dubai, the two main hubs connecting airline passengers in the Middle East with…