Air Freight News
Italy’s ITA Airways gets new state funding as sale process slows
Italy is preparing to give ITA Airways a further cash injection, as the newly elected right-wing government reviews plans to sell the state-controlled carrier in…
South Africa seeks to end security threat to key coal rail line
South Africa’s state-owned Transnet Freight Rail said it will meet with community leaders and police in an effort to end disruptions to a key export…
Taiwan exports fall slightly as trade weathers cooled demand
Taiwan’s exports nearly averted contraction in October, holding up much better than expected as the trade-dependent economy attempts to weather an intensifying global slowdown and…
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Companies commit to buying super-green cement in corporate climate club
PepsiCo Inc., Apple Inc. and Rio Tinto Plc are among the newest members of a corporate buyers club that have now committed $12 billion to…
Kenya Airways files notice to end pilots pact, union recognition
Kenya Airways Plc terminated its recognition of a collective bargaining agreement with a pilots’ union as a labor dispute that has left thousands of passengers…
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Russia sends oil thousands of miles through Arctic circle again
Russia sent its second-ever crude oil shipment east through the Arctic Circle toward China, a route that could one day give the country a faster…
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Cathay Pacific set to name customer boss Lam as next CEO
Cathay Pacific Airways Ltd.’s board is planning to meet Wednesday to vote on appointing long-time manager Ronald Lam as the airline’s new chief executive officer,…
Traders clamor for Middle East oil amid Russia uncertainty
Many of the world’s oil refineries are rushing to try and guarantee supplies of Middle East crude for next year, fearful of what’s to become…
UK-EU Northern Ireland deal ‘doable’ by year-end, Coveney says
Rishi Sunak’s rise to power in the UK presents a new opportunity to resolve its standoff with the European Union over Northern Ireland’s trade arrangements,…
Taiwan exports set to fall again on plummeting Chinese demand
(Bloomberg) -- Taiwan likely recorded its worst export growth in nearly three years as the global slowdown intensifies and demand from China continues to drop,…