Air Freight News
Turkey eyes ‘build and operate’ model for planned Istanbul Canal
Turkey is planning to adopt a “build and operate model” for a planned $15 billion waterway across Istanbul that’s been criticized by environmentalists, Transportation Minister…
VietJet signals move for Airbus A330 jets with Rolls engine deal
VietJet Aviation JSC indicated that it plans to establish a fleet of Airbus SE A330 jets for flights beyond Asia after signing a service deal…
American Air’s canceled flights portend messy holiday travel
The razor-thin staffing that contributed to thousands of canceled U.S. passenger flights in October doesn’t bode well for smooth holiday travel.
TDLC approves joint venture agreement between LATAM Group and Delta Air Lines
The decision of Chile’s Tribunal for the Defense of Free Competition that approves the extrajudicial agreement between LATAM, Delta and the National Economic Prosecutor's Office…
Chinese market Is what Africa needs next, says Uganda leader
China needs to give U.S. or European-style market access to Africa as the next step in fostering a strong economic relationship, Ugandan President Yoweri Museveni…
Thai Air seeks $1.5 billion to keep flying as tourists return
Thai Airways International Pcl plans to raise as much as 50 billion baht ($1.5 billion) in new capital as the flag carrier expands flights with…
Russia and India face biggest trade losses from carbon prices
Not all countries are equally well placed to compete in a low-carbon world, with Russia and India set to be among the biggest losers, according…
South Korea exports post double-digit gains despite global challenges
South Korea’s exports posted solid gains in October, but cooling momentum in its manufacturing sector highlighted challenges to the global trade recovery from supply chain…
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China’s economy weakens as power crunch, Covid rules hurt
China’s economy showed signs of further weakness in October as power shortages and surging commodity prices weighed on manufacturing, while strict Covid controls put a…
AirAsia X shares sink as much as 21% amid going concern doubt
AirAsia X Bhd.’s shares dived by the most in more than a year after the long haul budget airline was officially categorized as a financially…