WorldACD weekly air cargo trends (week 24)
Year-on-Year tonnage decline eases to -4%
‘Bikini Airlines’ and its billionaire battle a buyout fund
It’s been nearly a year since the billionaire known as Madam Thao had four Airbus A321s grounded on the tarmac in Vietnam.
Boeing’s biggest supplier suspends output after strike vote
Boeing Co.’s biggest supplier suspended production after union workers voted to strike, a surprise development that risks disrupting the planemaker’s plan to lift output of…
Cathay’s Covid rebound gathers pace with new forecast
Cathay Pacific Airways Ltd. expects to report a profit for the first six months of 2023, finally emerging from the most damaging period in its…
Nikola cites ‘foul play’ in fire at EV maker’s headquarters
Nikola Corp. suspects “foul play” after an early-morning fire broke out at its Phoenix headquarters that affected several of its electric big rigs.
Airbus outsells Boeing as focus shifts from buying to building
Airbus SE came in ahead of Boeing Co. at this week’s Paris Air Show in the closely watched contest for airplane orders thanks to a…
FAA mandates air-traffic training after recent near-collisions on airport runways
Air-traffic controllers across the US will receive new monthly safety training sessions to address the spike in serious near-collisions on airport runways earlier this year.
Port of Brownsville hosts groundbreaking ceremony for 118-acre business park
The nation’s only deepwater seaport located on the U.S.-Mexico border, the Port of Brownsville, held today a groundbreaking ceremony for its latest economic development project,…
United States announces major resolution on key trade issues with India
Underscoring the close bilateral economic and trade relationship, the United States and India will terminate six WTO disputes; India will remove retaliatory tariffs on select…
MSC: Rotation change on Far East to Pacific Northwest and USA services
MSC announced a port rotation change on its Chinook Service as from week 28 effective from the sailing of vessel MSC DAMNA, voyage number UK328A,…
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