Macron needs more than $17 billion to save Airbus
Recent measures may not be enough to offset the impact of the crisis on aerospace firms.
China needs deeper reform after coronavirus, European firms say
China needs to reform more and remove barriers for foreign firms if it is going to attract and keep the overseas investment it needs after…
A booming airline business: Shipping pigs to China in 747 jumbo jets
The coronavirus has wreaked havoc on commercial aviation, but Alexey Isaykin’s cargo carrier has been fully loaded. Volga-Dnepr Group has flown more than 3,000 breeding…
Argentina mulls export sweetener to bridge gap in debt talks
Argentine officials may offer warrants linked to the South American nation’s agricultural exports to close the gap with top creditors in debt restructuring talks, according…
US plans oil tanker sanctions to cut Iran-Venezuela trade
The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between…
Portugal plans up to $1.4 billion in aid for airline TAP
Portugal’s supplementary budget for 2020 includes as much as 1.2 billion euros ($1.4 billion) in aid for TAP SGPS SA after the airline had to…
American Air to put 141 planes back in service to boost flights
American Airlines Group Inc. will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than…
Governor Hogan announces new transportation leaders
Governor Larry Hogan has announced the appointment of new leaders at the Maryland Department of Transportation Maryland Port Administration (MDOT MPA) and State Highway Administration…
The African Development Bank gives $1.2 million for Ethiopia-Sudan railway study
The African Development Bank’s (www.AfDB.org) Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study for construction of…
Autonomous drone inspections move step closer after successful test
A drone has successfully inspected a 19.4 meter high oil tank on board a Floating Production, Storage and Offloading vessel. The video shot by the…
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