Air Freight News
Volvo takes $423 million hit as Russia business halted
Volvo AB said Russia’s war in Ukraine has forced it to make provisions in the first quarter totaling 4 billion kronor ($423 million) that will…
DHL jet skids off runway, breaks up after emergency landing
A Boeing Co. 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria International airport in Costa Rica.
Kenya Airways, SAA plan investor hunt for Pan-Africa carrier
Kenya Airways Plc and South African Airways are planning a series of investor roadshows to help find a financial backer for a combined airline group…
Virgin Atlantic now won’t fly to Hong Kong until September
Virgin Atlantic Airways Ltd. won’t resume flights to Hong Kong until at least September, despite the Asian financial hub easing up on Covid-19 related rules…
As Boeing avoids Russian titanium supply, a Japanese producer Is stepping in
Japanese company Toho Titanium Co. is ramping up output of the metal used to make aircraft amid a shortfall caused by Boeing Co. and Airbus…
Spirit to engage with JetBlue over $3.6 billion takeover bid
Spirit Airlines Inc. will engage in talks with JetBlue Airways Corp. over its $3.6 billion cash takeover bid that’s threatening to disrupt a pending combination…
Drunk plane maintenance workers found in India airport crackdown
A dozen airport drivers, firefighters and even plane maintenance staff reported to work drunk in India in the first two months of the year, a…
EU backs Russian coal ban in first punch at energy revenue
The European Union agreed to ban coal imports from Russia in its first move targeting Moscow’s crucial energy revenue after reports of Russian atrocities in…
There are ‘no taboos’ on Russia sanctions, EU’s Vestager insists
A top European Union official said the bloc should keep ramping up sanctions on Russia, as some nations in the 27-nation bloc complain President Vladimir…
Congress makes Russia a pariah on trade, adds pressure on Putin
The U.S. Congress voted overwhelmingly Thursday to strip Russia’s normal trade status with the U.S. and ban imports of its gas, oil and coal, adding…