Air Freight News
GE burns more cash than expected as jet-engine unit drags
General Electric Co. burned more cash than analysts expected in the first quarter, crimping Chief Executive Officer Larry Culp’s turnaround push after recent signs of…
France plans talks on US flights as it trials vaccine passport
France said it’s moving toward a rollout of so-called vaccine passports aimed a jump-starting travel as trials start on internal flights, while planning discussions on…
Putin’s bid to ditch dollar picks up as exports move to euro
Vladimir Putin’s multi-year push to reduce Russia’s exposure to the dollar hit a major milestone as the share of exports sold in the U.S. currency…
Airline with 14,000 staff for 30 planes to cut half its workforce
Pakistan International Airlines Corp. will lay off half of its 14,000 employees, replace some of its fleet and permanently close loss-making routes in a bid…
Carbon restrictions are finally here to bend the emissions curve
If the world wants to slow global warming, advancing clean technologies won’t be enough. We have to do the hard work of cutting fossil-fuel use
Click to Read More
Lock and dam system for Honolulu? Is this just the beginning?
Hawaii Harbors Division urges study of lock and dam system for Honolulu Harbor as sea levels rise. Will others follow?
Heathrow told it can claw back $416 million in airline fees
London’s Heathrow airport will be allowed to increase airline fees on a limited basis to help it ride out the coronavirus crisis, the U.K.’s aviation…
France warns U.K. of ‘retaliation’ in post-Brexit banking
France is threatening to block regulations that would allow U.K. financial firms to do business in the European Union if the country doesn’t respect its…
Brexit deal will protect EU’s single market, Von Der Leyen says
The European Union’s post-Brexit trade accord will be instrumental in bolstering the bloc’s single market and avoiding a chaotic rupture, Ursula von der Leyen said…
Click to Read More
Shipping containers plunge overboard as supply race raises risks
Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of…