Air Freight News
Air Canada markets junk-bond portion of $5.4 billion refinancing
Air Canada has started the marketing of high-yield bonds in U.S. and Canadian dollars, the largest portion of its $5.35 billion refinancing announced last week.
South Africa’s Mango Airlines to seek bankruptcy restructuring
South Africa’s Mango Airlines will enter a local form of bankruptcy protection, according to the head of its parent, South African Airways.
Heathrow CEO sees U.K. ready to let In vaccinated Americans
London Heathrow airport Chief Executive Officer John Holland-Kaye said he expects Britain to announce that it’s opening up to Americans fully vaccinated against Covid-19 by…
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Shanghai mega-ports shuttered as Typhoon In-Fa slams East China
Typhoon In-Fa, the powerful storm battering regions around Shanghai, has forced some of the world’s biggest shipping ports to halt operations until at least Tuesday.
WTO holiday from vaccine equity talks draws calls for action
An urgent global effort to rebalance the inequity between rich, vaccinated nations and poor nations sliding further into pandemic misery is colliding with an immovable…
Airports in Europe ask for another year of looser bond terms
Major airports in Europe are asking investors for a break from debt obligations for the second time since the height of the coronavirus pandemic.
Oil majors hunt for one last big discovery along coast of Brazil
The world may be turning its back on fossil fuels, but in cash-starved, resource-rich nations like Brazil, oil remains king.
Ryanair flexes muscles to build post-pandemic lead over rivals
Ryanair Holdings Plc intends to pump more capacity into European markets in the coming months, keeping ticket prices low so it can overpower weaker rivals…
TSMC mulls German, Japan plants to diversify supply chain
Taiwan Semiconductor Manufacturing Co. is in the early stages of considering a new chipmaking plant in Germany, Chairman Mark Liu told shareholders on Monday.
Nigerian court convicts 10 men under new anti-piracy law
A Nigerian court convicted 10 men of piracy under a new law designed to thwart maritime crime in the Gulf of Guinea.