Air Freight News
Oil advances on optimism sparked by historic US-China truce
Oil rose to the most in more than a week as the preliminary trade truce between the U.S. and China fanned optimism about economic growth.
FAA’s assumptions in Boeing 737 Max approval faulted by experts
Decades-old assumptions about how pilots would behave and a failure to grasp the complexity of a new flight-control system plagued the design certification of Boeing…
XPO jumps most since August after CEO seeks to break up company
XPO Logistics Inc. jumped the most in five months after the trucking and warehouse operator said it’s considering the possible sale or spinoff of four…
EU calls Trump trade tactics short-sighted, focused on election
The European Union’s new trade commissioner criticized U.S. President Donald Trump’s tariff pressure as a short-sighted strategy that’s motivated by a desire to get re-elected…
S. African Airways to sell nine planes to accommodate new fleet
South African Airways has put some of its aircraft up for sale to accommodate the new Airbus A350-900s the airline recently added to its fleet,…
Southwest pulls 737 Max from flights until June, joining US rivals
Southwest Airlines Co., the largest operator of the Boeing Co. 737 Max, is joining U.S. rivals in removing the grounded plane from its flight schedule…
Trade deal is a real buzz kill for the US’s top soy rival
Donald Trump’s trade deal may have been short on details about Chinese agriculture purchases, but one thing seems clear: Brazil’s two-year, non-stop soybean bonanza will…
Southwest pulls Max from flights until June, joining US rivals
Southwest Airlines Co., the largest operator of the Boeing Co. 737 Max, is joining U.S. rivals in removing the grounded plane from its flight schedule…
Pegasus sinks as curbs on its hub seen as boosting rival airport
Shares in Pegasus, Turkey’s biggest discount airline, fell after the country’s civil aviation authority limited new flights at its Istanbul home base in a decision…
Amazon $1 billion investment in India not a favor, minister says
India’s trade minister Piyush Goyal criticized Amazon.com Inc. and welcomed an investigation into the e-commerce giant’s possible “predatory pricing and unfair trade practices.”