Air Freight News
Transnet loss widens as lawsuit, cable theft hit operations
South Africa’s state-owned rail and ports operator said its full-year loss widened as theft and vandalism resulted in muted growth in shipments and as it…
Turkey rules out privatization of Turkish Airlines unit AJet
Turkey’s Minister of Transportation and Infrastructure, Abdulkadir Uraloglu, said there are no immediate plans to privatize Turkish Airlines or its low-cost carrier AJet.
Ethiopia Airline halts Eritrea flights in sign of faltering ties
Ethiopian Airlines Group, Africa’s biggest carrier, suspended flights to Eritrea in the latest sign of deteriorating relations with neighboring Ethiopia.
Cathay inspects Airbus A350 fuel lines after component fault
Cathay Pacific Airways Ltd.’s inspection of its Airbus SE A350 fleet is focused on deformed or degraded fuel lines in the engines of the widebody…
AirBaltic looks to raise as much as €300 million in planned IPO
Latvian flag carrier AirBaltic Corp AS plans to raise as much as €300 million ($332 million) as part of a planned initial public offering later…
Air traffic controller found asleep at Australian airport
An air-traffic controller who was found asleep at his desk in Brisbane highlights a labor shortage in the sector that still hasn’t been fully addressed,…
China’s Omoda gets 8,167% Spanish sales boost to top Tesla
Chery Automobile Co.’s Omoda outsold Tesla, Jeep and Fiat in Spain last month, a promising sign for the Chinese automaker’s ambitious push into Europe.
China responds to Canada’s EV tariffs with rapeseed probe
China will start an anti-dumping probe into rapeseed imports from Canada, with trade tensions escalating after Justin Trudeau’s government imposed tariffs on Chinese-made electric vehicles,…
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USTR set to formally approve China tariffs increase soon
The office of the US Trade Representative is set to formally approve tariff increases on billions of dollars in Chinese goods in the coming days,…
South Korea’s export momentum picks up, boosting growth outlook
South Korea’s export growth returned to a double-digit clip last month, an outcome that bodes well for the economic outlook and reflects the resilience of…