Air Freight News
Fitch Rates Port Authority of NY & NJ’s 221st-222nd Ser Consol Bonds ‘AA-’; Maintains Neg Watch
Fitch Ratings has assigned an 'AA-' rating to the Port Authority of New York and New Jersey's (PANYNJ) approximately $1.0 billion in total series 221st…
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U.K. Says ‘Significant Differences’ Remain in Post-Brexit Talks
The U.K. said talks with the European Union on their post-Brexit relationship continued to make little progress as both sides stepped up preparations for their…
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China’s Tough Talk on U.S. Sanctions Leaves Room to Cool Tension
By now it’s become a familiar pattern: the Trump administration takes an unprecedented action against China, Beijing vows retaliation and then life pretty much goes…
Fake Pilot Scandal Prompts U.S. to Block Pakistan’s Flag Carrier
Pakistan’s national airline has been barred from flying to the U.S. as a result of a scandal in which almost one-third of the nation’s pilots…
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Top Buyer Emirates Expects Boeing 777X to Miss 2021 Debut Target
Boeing Co.’s new 777X jet is likely to miss its planned debut next year, according to the aircraft’s top customer Emirates, which doesn’t expect to…
Europe Wrests Initiative From Trump After Stumble in Balkans
European diplomats have moved to seize back the initiative on one of their continent’s most intractable fronts after U.S. efforts under President Donald Trump for…
U.K.’s $1.8 Billion Gasoline Trade to America Hit Zero in June
Each year, Britain’s oil refineries send millions of barrels of surplus gasoline across the Atlantic to fuel America’s cars. The vital export trade appears to…
Import Collapse Turns Into a Boon for Philippines’ Currency
One consequence of the Philippines’ struggling economy is turning into a boon for its currency.
U.S. Plans Action Against France Over Taxing Tech Companies
The U.S. plans to announce further details in the long-running battle with France over taxes on technology giants including Amazon.com Inc., Alphabet Inc.’s Google and…
JetBlue Spurns Long Beach to Expand at LAX in West Coast Shift
JetBlue Airways Corp. will make Los Angeles International its primary base in Southern California, abandoning Long Beach Airport after years of tension.