Air Freight News
Rolls-Royce to power green flying taxi made by Bristol startup
Rolls-Royce Holdings Plc will power a flying taxi in its first deal in the urban air mobility market.
Air India staff’s takeover bid disqualified, narrowing the field
A group of Air India Ltd. employees has been ruled out of a bidding process to take control of the loss-making national carrier, as the…
Taiwan’s exports continue growing on strong demand for chips
Taiwan added to signs the global economy is shaking off the effects of the coronavirus pandemic, with exports rising for an eighth straight month in…
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EU set to go it alone on tech tax if there’s no deal with Biden
European Union leaders are poised to affirm their commitment to a unilateral tax on tech giants if they fail to agree on a global framework…
Top carry trade gets squeezed by Taiwan dollar’s advance
The Taiwan dollar is the world’s cheapest-funding currency for carry trades, beating out favorites like the euro and the yen and attracting recommendations from Goldman…
Workhorse surges as lawmakers take aim at Postal contract
Workhorse Group Inc. rose as a House panel made plans to examine the U.S. Postal Service’s awarding of a blockbuster truck-building contract to Oshkosh Corp.…
Israeli billionaire loses Trump-granted sanction reprieve
The U.S. will end a temporary sanctions reprieve for Israeli billionaire Dan Gertler, according to the State Department, reversing a decision granted in the Trump…
Airlines and travel groups urge US to develop virus passport
U.S. airlines, joined by travel groups and labor, urged the Biden administration to take the lead in developing standards for temporary Covid-19 health credentials that…
Frontier Group revives plans to sell shares in new airline IPO
Frontier Group Holdings Inc. revived its plan to go public as expectations build for a recovery in flights after last year’s unprecedented travel collapse.
US airline flyers top 1 million-a-day pace, a pandemic rarity
U.S. airlines carried an average of more than 1 million passengers a day in the past week, the highest non-holiday total since the Covid-19 pandemic…