Air Freight News
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International Windship Association and the Micronesian Center for Sustainable Transport establish Pacific Wind Propulsion Hub
By formalizing their partnership, the two organizations will build upon past collaborative efforts to establish and expand the hub. They will develop a local ecosystem…
Recognize that sales terms may have crucial safety implications warns TT Club
With the primary goal of ensuring the safety of the global supply chain, international freight insurer TT Club draws attention to the critical question of...
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SBTi approves Hactl emissions reduction targets
Hong Kong’s largest independent cargo handler – has had its targets for science-based greenhouse gas emissions reductions approved by the Science Based Targets initiative (SBTi)...
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US invests $553 million in Adani’s Sri Lanka port to curb China’s influence
The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam Adani, as New…
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Hyundai’s Supernal to build plant in US to make first flying electric taxis
Hyundai Motor Group, the world’s third-biggest automaker by sales, plans to build a facility in the US where its air mobility division Supernal will make…
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Fleetio ranked 459th Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™
Fleetio, a leading fleet maintenance management software-as-a-service (SaaS) company, today announced it ranked 459th on the Deloitte Technology Fast 500™, a ranking of the fastest-growing…
Vietnam tax authority says Bamboo Air owes $4.2 million in taxes
A Vietnam provincial tax authority is ordering three banks to lock accounts for struggling airline Bamboo Airways JSC because of late tax payments of about…
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Russia to keep grain export quota high after another bumper crop
Russia is looking to keep its seasonal grain export quota at an elevated level that’s unlikely to curb shipments, following another bumper wheat harvest.
Korean Air offers fix to win EU nod for $1.4 billion Asiana deal
Korean Air Lines Co. has offered concessions to the European Union competition regulator as it seeks approval for its 1.8 trillion won ($1.4 billion) bid…
Singapore Airlines clocks second-best quarterly profit
Singapore Airlines Ltd. delivered its second-biggest quarterly profit on record as demand for flights kept airfares elevated.