Air Freight News
Delta Air still sees 2022 profit as Covid slows recovery
Delta Air Lines Inc. says the rapidly spreading omicron coronavirus variant will delay a recovery in travel by 60 days and contribute to a first-quarter…
U.K. and India start negotiations on post-Brexit trade deal
The U.K. and India will kick off negotiations on a free-trade deal on Thursday, the latest post-Brexit prize for Britain as it seeks to deepen…
High coal prices to speed India’s efforts to curb imports
High seaborne prices for coal will push India to lift domestic supplies and accelerate efforts to curb imports, according to a top government official.
Singapore Air sells $600 million bond at discount to peers
Singapore Airlines Ltd. became the first carrier to tap the debt market for dollars in 2022, raising funds at a discount to peers thanks to…
Oil demand in Asia faces fresh challenge as omicron cuts traffic
Road traffic has thinned across Asia at the start of the year as the highly contagious omicron variant of the coronavirus sweeps through the region,…
Eyes on Downing Street, Truss faces tricky Brexit choice
U.K. Foreign Secretary Liz Truss enters the latest round of post-Brexit negotiations over Northern Ireland, facing a choice between picking a fight with the European…
Supply-chain chaos spurs new ETF filing to ride shipping boom
ProShares is preparing a new ETF to exploit chaos across global supply chains even as bottlenecks show signs of easing and commodities come down from…
European natural gas falls as US reassures region on supplies
European gas prices slumped for a fourth day amid easing concerns about the continent’s supply crunch.
Qantas slashes a third of capacity as omicron sweeps Australia
Qantas Airways Ltd. is cutting domestic and international flight capacity as the omicron coronavirus variant sweeps through Australia and across the globe, reversing an expected…
Maersk accelerates ocean shipping climate ambitions by decade aims to halve climate emissions by 2030 and achieve net zero emissions by 2040
Major shipping corporation Maersk has announced plans to achieve net zero climate emissions in its business by 2040, a decade earlier than the company’s initial…