Air Freight News
Saudi Arabia plans $147 billion expansion for transport sector
Saudi Arabia plans to invest 550 billion riyals ($147 billion) in transport and logistics over the next nine years as Crown Prince Mohammed bin Salman…
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Investigators to begin underwater search for downed Hawaii jet’s black boxes
U.S. investigators plan to begin scanning the sea bed off Hawaii in search of the wreckage of a Boeing Co. 737-200 that went down after…
Airlines to be Charged more for polluting in EU green push
Airlines in the world’s biggest carbon market will eventually have to pay for all the pollution from their planes as the European Union strengthens its…
Indonesia to import oxygen tanks as health system struggles
Indonesia plans to start importing oxygen tanks as the country battles a fresh wave of coronavirus infections that has overwhelmed its medical system.
OPEC+ shows no sign of healing rift just before talks resume
Just hours before the resumption of talks, OPEC+ still hadn’t resolved the increasingly bitter split between Saudi Arabia and the United Arab Emirates that’s blocking…
Airbus Delivered More Than 70 Jets in June to Beat 2020 Tally
Airbus SE delivered more than 70 jets in June, one of its best months for handovers since the start of the pandemic, according to people…
E-commerce fixer for Egypt mom-and-pop stores gets funds to grow
An Egyptian e-commerce business linking traditional retailers with suppliers of products such as food and groceries plans to expand in North Africa and the Gulf…
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Daimler, Volvo, Traton form $593 million truck charging venture
Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across…
Sydney Airport gets $17 billion offer in bet on travel rebound
Sydney Airport received a A$22.3 billion ($17 billion) takeover offer from a group including IFM Investors in what would be Australia’s largest acquisition and one…
High oil prices send US refiners scouring for alternatives
Skyrocketing crude oil prices have prompted cash-strapped U.S. refiners to look for alternative ways to maximize gasoline production during the peak of the summer driving…