Air Freight News
EU-U.K. showdown: What would blocking vaccine exports mean?
Even as the U.K. sets records for Covid-19 vaccines administered in a day, the European Union’s inoculation campaign continues to sputter, while member countries face…
EU to propose targeted Eritrea sanctions over Ethiopia conflict
The European Union plans to impose targeted sanctions on several individuals in Eritrea for their alleged role in human-rights abuses and atrocities in northern Ethiopia,…
IAG falls most since 2020 lockdown on summer travel doubts
British Airways parent IAG SA led a decline in European aviation stocks on concern that a third wave of Covid-19 in Europe and comments from…
EgyptAir plans Africa growth while seeking $300 million support
EgyptAir is looking to expand in Africa as air traffic recovers from the pandemic, even as the carrier seeks more than $300 million in additional…
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America’s corn belt looks like it’s safe from US-China spat
High-level talks between officials from Beijing and Washington may have broken down into bickering, but American farmers are still selling boatloads of corn to Chinese…
Taiwan’s export orders keep soaring on robust tech demand
Taiwan’s exporters overcame a traditional lull over the Lunar New Year holiday to continue their strong start to the year as overseas demand for their…
Singapore calls US-China talks ‘step in the right direction’
Singapore’s deputy prime minister praised the renewed but rocky dialogue between U.S. and China under the Biden administration and called on the competitors to chart…
South African Airways is solvent. Now it needs a plan to fly
South African Airways administrators are preparing to wrap up work on the dormant state airline after more than 15 months, yet questions over its future…
Weak inflation adds to risk of further drop in Singapore dollar
The Singapore dollar is vulnerable to retesting a four-month low, with signs that benign inflation and a gradual economic recovery will keep the central bank…
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Goldman, BMO to provide $8.6 billion bridge loan on CP Rail deal to buy Kansas City Southern
Bank of Montreal and Goldman Sachs Group have committed to an $8.6 billion bridge loan for Canadian Pacific Railway Ltd. to help finance the purchase…