Air Freight News
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LATAM increases its cargo transport capacity after receiving the second 767 of its growth plan announced in 2021
• With this aircraft, the company closes Q1 with 13 cargo planes and increases its cargo offer by nearly 10%. • It will initially serve…
Penske Logistics honored by General Motors with multiple supplier of the year awards
Penske Logistics’ work in the automotive sector has been recognized by long-time customer General Motors, with a pair of 2021 Supplier of the Year awards,…
Kenya Airways plans fuel hedges after prices stabilize
Kenya Airways Plc’s board gave approval for the carrier to hedge prices for more than 35% of its fuel needs and is in talks with…
Air Canada plots capacity increase as demand recovers
(Bloomberg) -- Air Canada said it’s poised to recover most of its pre-pandemic capacity this year, issuing a bright outlook for travel as the nation…
Billionaire Friedland secures rail deal to tap Guinea iron ore
A mining company controlled by billionaire Robert Friedland has secured access to a Liberian railway that opens the way for it to tap vast iron…
Putin says gas exports to be halted if payments not made in rubles
Russia will halt gas supplies to buyers from ‘unfriendly’ states unless they switch to payments in rubles from April 1, President Vladimir Putin said, the…
Quitting Russia LNG proves tough as nation’s exports stay strong
Russia’s liquefied natural gas exports have remained strong since the invasion of Ukraine, highlighting how buyers from France to Japan are reluctant to halt deliveries…
Abu Dhabi’s Spanish refiner aims to be global hydrogen behemoth
(Bloomberg) -- Cepsa SA, the Spanish refiner controlled by Abu Dhabi’s sovereign wealth fund, announced a sweeping clean-energy strategy as the European oil industry races…
Qantas places burden of cleaning up aviation on sustainable fuel
Qantas Airways Ltd. said sustainable aviation fuel is the only immediate way to decarbonize flying, placing much of the burden of cleaning up aviation on…
Ryanair targets billion-euro profit as demand defies higher oil
Ryanair Holdings Plc is targeting at least 1 billion euros ($1.1 billion) in profit for the coming year as pent-up demand buoys summer sales and…