Air Freight News
US LNG exporters await damage impact as storm passes
Along with millions of Americans, much of the Gulf Coast’s energy infrastructure is at risk from Hurricane Laura’s “unsurvivable storm surge” that could inflict more…
EU trade chief Hogan quits amid storm over breach of virus rules
The European Union’s trade chief, Phil Hogan, stepped down after growing criticism that he broke virus regulations in his native Ireland.
Rolls-Royce posts $7 billion loss as crisis roils jet demand
Rolls-Royce Holdings Plc suffered a record half-year loss after the coronavirus crisis grounded jetliner fleets and said it plans to sell assets to help weather…
Nigeria’s dollar crackdown risks stoking illegal trading
Nigeria’s all-out effort to defend its currency by targeting importers and exporters with tougher regulations risks pushing more currency traders to the black market and…
Europe’s discount carriers look to gain share as rivals shrink
Even as the coronavirus pandemic hammers airlines around the world, discount carriers in Europe including Ryanair Holdings Plc and Wizz Air Holdings Plc are looking…
China Belt and Road plans for Australia face veto under new law
Prime Minister Scott Morrison is seeking new powers to veto or scrap agreements that state governments reach with foreign powers, in a move aimed at…
China’s air travel recovery shows power of vast home market
China’s biggest airlines could provide some much-needed encouragement for an aviation industry starved of good news when they report earnings later this week.
Air New Zealand sees back-to-back losses as crisis persists
Air New Zealand reported its first full-year loss in 18 years and said it is unlikely to return to profit soon as the coronavirus pandemic…
Fortress wins California approval for Vegas rail reimbursement
A company backed by Fortress Investment Group’s private-equity funds got the go-ahead Wednesday from the California Infrastructure and Economic Development Bank to get reimbursed for…
Click to Read More
Eighty years after Hindenburg, startup pitches hydrogen flight
A former Airbus executive thinks he has a solution to the airline industry’s carbon problem