Air Freight News
Bankrupt Sri Lanka still seeking more oil and fuel imports
Bankrupt Sri Lanka is seeking more energy imports as it tries to get an International Monetary Fund Program in place by mid-June.
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Venture Global to build US LNG export plant as demand booms
Venture Global LNG is moving ahead with a second liquefied natural gas export terminal on the Gulf Coast after arranging $13.2 billion of financing, a…
EU working on gas deal with Egypt, Israel to shore up supply
The European Union is working on a deal to import Israeli gas through Egypt as the bloc rushes to reduce its reliance on Russian supplies.
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IndiGo’s billionaire founder partners UPS for logistics venture
The biggest shareholder of India’s largest airline, IndiGo, teamed up with United Parcel Service Inc. to tap the South Asian nation’s growing logistics market.
Qantas pilots warn safety risks loom as air travel rebounds
Qantas Airways Ltd.’s pilots union has warned of looming risks to flight safety -- from crew fatigue to looser landing rules in Australia -- as…
Hong Kong’s exports surprisingly improve, but China curbs hurt
Hong Kong’s exports surprisingly ticked up in April, though trade with China continued to be hit as the country’s Covid restrictions intensified and disrupted trade.
Saudi Arabia’s making $1 billion from oil exports every day
Saudi Arabia’s oil exports reached $30 billion in March, the highest in at least six years, driven by a rally in oil prices and rising…
Richest Asian Adani Says Ukraine War Exposed Overswing on Green Tech
Gautam Adani, Asia’s richest man who built his empire on coal-led businesses, said the world’s headlong rush into “nascent” green energy solutions has undergone a…
Rolls-Royce CEO says supply chain a daily cause for concern
Rolls-Royce Motor Cars Ltd. is concerned ongoing supply chain issues could prolong waiting lists that already stretch into the second half of next year for…
Pakistan considers gas import deal with countries including Russia
Pakistan said it is considering to sign a liquefied natural gas purchase agreement with various countries including Russia as it seeks to secure supply and…