Air Freight News
Huawei swivels to software, clean energy as sales dive again
Huawei Technologies Co. pledged to step up investment in software and digital power technology, seeking to overcome U.S. sanctions that dragged sales to a fifth…
Vietnam asks China to reopen its border gates, VnExpress reports
Vietnam’s Ministry of Industry and Trade urged China’s Guangxi region to reopen its border gates with the Southeast Asian country and extend customs clearance hours…
Cathay cargo halt to hit Hong Kong prices, Morning Post reports
Hong Kong consumers will face higher prices for fresh produce, daily necessities and electrical goods over the coming weeks as a result of Cathay Pacific…
Philippine Air exits bankruptcy with option to tap financing
Philippine Airlines Inc. received approval to tap $150 million in additional financing and plans to cut its debt by $2 billion, after winning approval last…
Hong Kong is increasingly shut off as inbound flights drop
Hong Kong is becoming increasingly shut off from the outside world because of its strict Covid-19 policies as the city imposes a raft of flight…
South Korea exports gain as annual shipments reach record
Gains in South Korea’s exports in December helped push the value of shipments to an annual record, as global demand held up through multiple waves…
Late order flurry vaults Airbus past Boeing for 2021 crown
A year-end order bonanza for Airbus SE has swept away the lead built up by Boeing Co. and put the European planemaker in position to…
India’s current account slips back to deficit on wider trade gap
India’s current-account balance slipped back into a deficit last quarter as the nation’s trade gap widened.
Airlines ask FCC to delay 5G wireless rollout in emergency bid
The top airlines trade group filed an emergency request with the Federal Communications Commission Thursday asking for a delay in the rollout of new 5G…
Shilling plunges the most since 2015 as Kenya’s imports jump
Kenya’s currency fell the most in seven years and its benchmark stock index became Africa’s worst performer in 2022 after Russia’s war in Ukraine raised…