Air Freight News
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CMA CGM faces windfall taxes to ease pressure on French public finances
Plans by the new French government to reduce the nation’s alarming budget deficit through public spending cuts and “temporary and exceptional” tax hikes, is set…
J.B. Hunt beats third-quarter profit on improved intermodal volumes
U.S. trucking firm J.B. Hunt Transport Services reported third-quarter profit above Wall Street estimates on Tuesday, helped by improving volumes in its largest segment, intermodal.
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Musk’s SpaceX sues California panel, alleges political bias over rocket launches
Billionaire Elon Musk’s SpaceX has sued a California commission in federal court, accusing panel members of political bias in blocking the space venture company from…
Delta to pause flights between New York and Tel Aviv through March
Delta Air Lines said on Tuesday it will pause its flights between New York's JFK airport and Tel Aviv through March, due to escalating conflict…
FAA opens audit into runway incursion risks at 45 busiest US airports
The Federal Aviation Administration said Tuesday it is opening an audit into runway incursion risks at the 45 busiest U.S. airports after a series of…
United Airlines sees stronger profit, unveils $1.5 billion share buyback program
United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power.
Boeing lines up $35 billion in funds as strike hammers finances
Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and…
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US judge orders Boeing, DOJ to detail diversity policy before deciding on plea
A federal judge on Tuesday ordered Boeing and the U.S. Justice Department to detail the impact of diversity and inclusion policies on the selection of…
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Canada labour minister proposes new mediator for Montreal port workers strike
Canada's Labour Minister Steve MacKinnon on Tuesday proposed the appointment of a special mediator for a 90-day period for Montreal port workers strike.
Wisk Aero partners with Airservices Australia as it readies air taxi launch
Boeing-owned Wisk Aero said on Tuesday it has partnered with government agency Airservices Australia to study how air taxis and other autonomous aircraft can be…