Air Freight News
EasyJet gets new loans, will sell planes to ride out virus
EasyJet Plc boosted its cash reserves to ride out the coronavirus pandemic, saying it now has sufficient resources to see it through the end of…
Europe’s largest port warns virus impact to become more severe
The coronavirus is set to further damage trade in the coming months, threatening supply chains and upending commerce like never before, according to the head…
Cathay passenger traffic just 1% usual after ‘drastic’ drop
Cathay Pacific Airways Ltd. expects passenger numbers to stay below 1,000 a day this month compared with the usual 100,000 as it operates at just…
Etihad to operate reduced network of passenger flights from May
Abu Dhabi’s Etihad Airways plans to operate a reduced network of scheduled passenger services from May as the carrier gradually ramps up operations that were…
VietJet lenders agree loan repayment delays for plane purchases
VietJet Aviation JSC said it has reached agreements with domestic and international lenders to delay repayments on about 80% of loans for its aircraft purchases…
Kenya plans to allow corn imports as supplies set to run out
Kenya may need to import some corn, its main staple food, after about two months when the agriculture ministry projects current supplies will begin to…
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Crunch time for world’s supply chains to deliver masks and meat
Covid-19 is about to put the global trading system through its most dramatic stress-test since World War II, with supply lines for essential food and…
Indian refiner seeks to halve Saudi oil imports as tanks fill
Bharat Petroleum Corp. is seeking to cut its crude oil imports from Saudi Arabia by as much as half in May, frustrating the Middle Eastern…
Virgin Australia stock suspended as restructuring talks extend
Virgin Australia Holdings Ltd. stock was suspended in Sydney as discussions over a potential financial restructuring for the airline continue.
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US weighs paying drillers to leave oil in ground amid glut
The Trump administration is considering paying U.S. oil producers to leave crude in the ground to help alleviate a glut that has caused prices to…