Air Freight News
Malaysia Airlines posts its first profit in over a decade
Malaysia Airlines reported its first annual profit in over a decade as strong demand and elevated airfares propel a rebound for the troubled airline.
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Japan Airlines to buy 42 new planes from Airbus and Boeing
Japan Airlines Co. will buy 42 new Boeing Co. and Airbus SE jets in a multibillion dollar order to expand its international network amid rising…
Petrobras lifts LNG imports to offset major pipeline maintenance
Brazilian state-controlled oil company Petrobras is turning to liquefied natural gas imports this month to secure supplies while it carries out maintenance work at a…
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Airbus inks $14 billion deal with Korean Air as Boeing snubbed
Korean Air Lines Co. passed over embattled Boeing Co. — typically the carrier’s top aircraft supplier — to order 33 Airbus SE A350 wide-body jets…
South Korea early export data show growth momentum continues
South Korea’s early exports continued to grow in March as semiconductor and ship sales jumped, offering more confidence for policymakers targeting a faster economic expansion…
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Japan’s exports rise for third straight month led by autos
Japan’s exports grew for a third consecutive month on the back of robust shipments of vehicles, offering support for the economy as domestic demand remains…
Yemen’s Houthis tell China, Russia their ships won’t be targeted
The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according to…
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Norfolk Southern bolsters executive team as it faces activist fight
Norfolk Southern Corp. hired John Orr as its new chief operating officer, bolstering the railroad’s executive ranks as it faces pressure from an activist shareholder…
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American Airlines Cargo ships record number of ‘living works of art’ globally
The carrier transports koi carp from Japan to collectors in US and Europe
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Boeing sees massive cash drain as 737 Max episode takes toll
Boeing Co. predicted a massive cash drain for the first quarter as regulatory scrutiny and slower output of its 737 Max jetliner following a January…