Air Lease gets $329 million in insurance payout for jets stranded in Russia
Aircraft lessor Air Lease Corp said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft…
Airbus says next jet ‘evolutionary not revolutionary’
Airbus CEO Guillaume Faury said on Tuesday the planemaker's next single-aisle jet would be "evolutionary rather than revolutionary", but that this could include an open-rotor…
Trump says he will soon announce tariffs on autos, aluminum, pharmaceuticals
U.S. President Donald Trump said on Monday he will in the very near future announce tariffs on automobiles, aluminum and pharmaceuticals.
US jet fuel imports surge as Nigeria’s Dangote refinery pushes barrels west
U.S. jet fuel imports are set to hit a two-year high in March after Nigeria's Dangote refinery pushed barrels to North America, which should lower…
WorldACD Weekly Air Cargo Trends (week 11)
Global air cargo rates and demand edged slightly further upwards in the second full week of March, with Middle East & South Asia (MESA) the…
Stonemont Financial Group sells Building 400 at Lakeland Commerce Center
348,740-square-foot warehouse occupied by LG Electronics has sold to a client of MetLife Investment Management, LLC
US may exclude sector-specific tariffs on April 2, reports say, but situation fluid
U.S. President Donald Trump is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2, the Wall Street Journal and…
Trump’s fees on Chinese ships will hurt US companies, maritime executives to tell hearing
President Donald Trump's plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will…
US turns to Brazil for eggs and considers other sources during bird flu outbreak
The U.S. has almost doubled imports of Brazilian eggs once used only for pet food and is considering relaxing regulations for eggs laid by chickens…
US retailers haggle with suppliers after Trump tariffs
U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and…
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