Air Freight News
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Baby-formula makers tell Biden they foresaw dire shortages
President Joe Biden defended his administration’s response to a national baby formula shortage, saying he acted as soon he became aware of the crisis in…
Nestle is in talks with US on more formula shipments, CEO says
Nestle SA is in talks with the US to deliver more baby formula after the world’s largest food company helped kick off emergency shipments amid…
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Air Charter Service’s Jet Card offering sees huge growth in first quarter of 2022
Air Charter Service’s Empyrean Jet Card offering has had a buoyant first quarter of its 2022 financial year in which it saw a 64% increase…
WFS launches ‘Our Sustainable Flight path’ to steer responsible growth 
Worldwide Flight Services (WFS) has launched ‘Our Sustainable Flight Path’ to steer the next level of its Environmental, Social & Government (ESG) strategy and support…
Surf Air to go public via SPAC deal at $1.42 billion value
Surf Air Mobility Corp., a membership-based private plane operator, has agreed to merge with a blank-check company in a deal that will give the company…
Challenge Group joins The Air Charter Association
Challenge Group is the new member of The Air Charter Association and wishes to actively contribute to its activities. The company thus joins the leading…
Qantas buys Alliance in $553 million charter flight deal
Qantas Airways Ltd. agreed to buy the rest of Australia’s Alliance Aviation Services Ltd. in a deal valuing the company at A$763 million ($553 million),…
Aeroflot may buy Airbus jets, tapping EU sanctions workaround
Aeroflot PJSC is looking at purchasing eight leased Airbus SE jets after the European Union provided a mechanism for financiers to dispose of some planes…
Commerce Department identifies first Belarusian and more Russian aircraft exported to Belarus and Russia in violation of US export controls
The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has publicly identified 10 additional aircraft in likely violation of U.S. export controls,…
EU sanctions tweak allows some plane owners to sell to Russia
An amendment to European Union sanctions last week created a potential path for some aircraft financiers to sell jets held in Russia to the airlines…