Air Freight News
Saudi Arabia plans $147 billion expansion for transport sector
Saudi Arabia plans to invest 550 billion riyals ($147 billion) in transport and logistics over the next nine years as Crown Prince Mohammed bin Salman…
Fraport Receives Pandemic Compensation for Maintaining Operations at Frankfurt Airport
German and Hesse governments to provide €160 million for maintaining operational readiness at Frankfurt Airport during first Covid-19 lockdown
National Aviation Services (NAS) and Colossal Africa close on acquisition of BidAir Services
Following the acquisition, BidAir Services becomes NAS Colossal Aviation Services and is part of NAS, the largest airport services network in Africa
One airline is set to emerge from Covid stronger than ever
It’s the final Wednesday of January 2020, the coronavirus has yet to claim anyone outside of China, and Qantas Airways Ltd. Chief Executive Officer Alan…
Saudi Wealth Fund weighs new airport in Riyadh for tourism drive
Saudi Arabia is considering building a new airport in the capital city of Riyadh, according to people familiar with the matter, a facility that would…
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Port Authority of New York and New Jersey signs long-term ground lease to create new world class cargo facility at JFK
• Modern facility to be developed by Aeroterm to improve handling of millions of tons of cargo passing through the airport • Major step in…
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Top 10 airports to receive $2.4 billion in US virus relief
The top 10 U.S. commercial airports will receive almost $2.4 billion in pandemic relief funds based on a formula set by Congress earlier this year.
Canada eases border rules but draws airline chief’s condemnation
The Canadian government will loosen Covid-19 travel restrictions for fully vaccinated people amid warnings that a return to a completely open border will take awhile…
Europe air traffic reaches 50% of 2019 as recovery continues
The recovery in Europe’s air traffic has hit a new milestone as people take to the skies again for summer vacations.
Dubai Airports capacity to hit 90% of pre-virus levels by autumn
Dubai Airport, the world’s largest by international passenger numbers, expects to recover up to 90% of its pre-pandemic capacity by autumn and will reopen a…