Air Freight News
US trade deficit narrowed in January as imports declined
The overall U.S. deficit in goods and services trade shrank to $45.3 billion in January, from $48.6 billion in the prior month, according to data…
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Infineon deal scrutiny raises trade threat to Europe tech firms
U.S. officials are dragging Europe’s technology industry more deeply into a trade war with China, threatening the region’s ability to create its own semiconductor giants.
EU hits Egyptian raw material with tariff aimed at Chinese firm
The European Union imposed a tariff on an industrial material from Egypt in a dispute involving Chinese interests.
Airbus posts first order blank in a year as virus spreads
Airbus SE logged zero orders in February, the first such drought in 13 months, as airlines held back on new commitments at a time when…
Boeing redress lifts Turkish Airlines profit to record in 2019
Turkey’s flagship carrier posted record profit in 2019, thanks to a one-time gain incurred due to compensation for grounded and undelivered Boeing 737 Max aircraft.
Hogan says he’s the ‘type of guy’ to prod an EU-US trade thaw
What’s behind the effort to ease trade tensions between the European Union and the U.S.? “I’m just that kind of guy,” EU Trade Commissioner Phil…
Erdogan risks sanctions with April date for activating Russian S-400s
Turkey will activate its Russian-made S-400 missile-defense systems in April, President Recep Tayyip Erdogan said, possibly setting his country on a collision course with its…
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Globalization faces a bend-but-won’t-break crisis on coronavirus
Globalization is going through its biggest stress test since the 2008 global financial crisis and its aftermath. But if you want to understand why the…
Finnair says flight refunds to take a month due to virus impact
Finnair Oyj said the coronavirus outbreak has led to so many flight cancellations that it’s taking about a month to refund passengers.
Return of neutral-zone oil another supply headache for OPEC+
Oil exports from the neutral zone between Kuwait and Saudi Arabia will resume from next month, adding more supply just as OPEC tries to cut…