Air Freight News
Thai Air seeks $1.5 billion to keep flying as tourists return
Thai Airways International Pcl plans to raise as much as 50 billion baht ($1.5 billion) in new capital as the flag carrier expands flights with…
Russia and India face biggest trade losses from carbon prices
Not all countries are equally well placed to compete in a low-carbon world, with Russia and India set to be among the biggest losers, according…
South Korea exports post double-digit gains despite global challenges
South Korea’s exports posted solid gains in October, but cooling momentum in its manufacturing sector highlighted challenges to the global trade recovery from supply chain…
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China’s economy weakens as power crunch, Covid rules hurt
China’s economy showed signs of further weakness in October as power shortages and surging commodity prices weighed on manufacturing, while strict Covid controls put a…
AirAsia X shares sink as much as 21% amid going concern doubt
AirAsia X Bhd.’s shares dived by the most in more than a year after the long haul budget airline was officially categorized as a financially…
China’s big 3 airlines slump after Covid outbreaks bash earnings
China’s three main airlines slid in Monday morning trade in Shanghai and Hong Kong in the wake of disappointing earnings announcements.
Why your Christmas ornaments are about to get more expensive
This year, the Chinese city of Yiwu -- the world’s biggest hub for the manufacture of plastic reindeer, twinkle lights and other Christmas paraphernalia --…
Isolated China is cracking under the strain of keeping Covid out
China has been able to beat back successive waves of Covid-19 thanks to the widespread deployment of snap lockdowns, strict quarantines and some of the…
American blames 1,000-plus canceled flights on weather
American Airlines Group Inc. canceled more than 1,000 flights this weekend and blamed weather, particularly high winds earlier this week in Dallas, for the disruption. 
Powell risks rerun of 1960s inflation from confusing jobs market
In the late 1960s, U.S. economic policy makers misjudged how hot they could run the jobs market without fanning inflation. The miscue paved the way…