Air Freight News
U.S. Metal Manufacturers Statement on Section 232 Aluminum Tariffs on Canada
The Coalition of American Metal Manufacturers and Users (CAMMU) issued the following statement
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LPG Markets are Back in Favor
July finished with additional signs that the LPG markets are coming back into favor, with overall offtake increasing 14% from June. Higher discharges took place…
India’s top airline to raise $534 million to combat cash drain
IndiGo, India’s biggest airline, plans to raise as much as 40 billion rupees ($534 million) by selling new shares after the coronavirus pandemic halted air…
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Qatar Airways resumes flights to Houston and Philadelphia
The national carrier of the State of Qatar will also increase frequencies to Los Angeles to daily from 12 August and double daily to New…
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China avoids top Trump aides in Hong Kong retaliatory sanctions
China said it will sanction 11 Americans in retaliation for similar measures imposed by the U.S. on Friday, but the list doesn’t include any members…
Hong Kong bankers move to suspend accounts on U.S. sanctions
Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one U.S. bank is moving to suspend accounts to avoid…
Alstom signals Bombardier rail arm losses to affect takeover
Alstom SA hinted that it may seek better terms for its 6.2 billion-euro ($7.3 billion) purchase of Bombardier Inc.’s train arm after the Canadian company…
Virus speeds up Indian steel mill’s plan to overhaul U.S. business
The coronavirus pandemic is accelerating India’s most valuable steelmaker’s plans to overhaul its loss-making U.S. operations.
Unified Gulf council backs extension of Iran arms embargo
The Gulf Cooperation Council called for the United Nations Security Council to extend an arms embargo against Iran, an effort that dovetails with U.S. efforts…
Pilot erred in India crash, aviation watchdog chief suggests
The Air India Express jet that overshot the runway on Friday, killing at least 18 people, had touched down too far along the airstrip, the…