Air Freight News
Ryanair sees demand snapping back in time for summer surge
Ryanair Holdings Plc is gaining confidence that travel will make a strong comeback this year as concern about the omicron variant of Covid-19 fades in…
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Self-driving tech startup TuSimple in talks to work with Foton
Self-driving tech startup TuSimple Holdings Inc. is in talks to join forces with one of the country’s premier commercial vehicle manufacturers to create heavy-duty trucks…
EU sees window of opportunity for Brexit deal closing next month
The European Union’s Brexit negotiator told lawmakers behind closed doors that a window of opportunity to strike a deal with the U.K. will close late…
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GE gets partial win in turbine fight against Siemens Gamesa
General Electric Co. won a partial victory in its bid to use a U.S. trade agency to hobble Siemens Gamesa Renewable Energy SA’s wind business…
U.K. Vertiport startup sells stake to Hyundai’s flying-taxi arm
Urban-Air Port, a U.K. startup designing hubs for flying taxis, agreed to sell a minority stake to South Korean automaker Hyundai Motor Co.
Russia’s ruble resumes slide after Biden’s sanctions warning
The Russian currency and bonds retreated, trimming a rebound earlier in the week after U.S. President Joe Biden said he thinks Moscow will “move in”…
United Airlines says Covid surge to cut 2022 capacity, pressure costs
United Airlines Holdings Inc. expects a delayed recovery in air travel this year as the coronavirus resurgence pressures business and leisure travel, slowing the carrier’s…
Biden says it’s ‘uncertain’ whether China tariffs will be lifted
President Joe Biden said that he’s not ready to lift tariffs his predecessor imposed on Chinese imports, despite calls from U.S. businesses to relieve the…
China discloses Iranian oil imports as nuclear talks drag on
China disclosed its first Iranian oil imports in a year amid talks between between Tehran and world powers aimed at reviving a nuclear accord that…
Qantas clash with unions intensifies on move to scrap crew deal
Qantas Airways Ltd. applied to end a pre-pandemic agreement with cabin crew as it seeks more flexibility on rostering to recover from the Covid crisis,…