Alstom is in advanced talks to buy Bombardier’s rail unit
French train maker Alstom SA is in advanced talks to acquire the rail business of Bombardier Inc., according to people familiar with the matter, as…
3PL Market - 9% growth forecast from 2020 to 2026
Third-party logistics service providers are significantly pushing the transformation of the supply chain management system, which has attracted the attention of the retail industry.
Norwegian Air deepens cutbacks in long-haul flights
Norwegian Air Shuttle ASA deepened planned cuts in its long-haul network that are aimed at returning the troubled low-cost carrier to profitability this year.
Australia extends coronavirus entry ban from mainland China
Australia will extend its ban on people entering the country from mainland China due to the coronavirus for an extra week, Prime Minister Scott Morrison…
Indonesia to cut airline fees to support tourism amid coronavirus outbreak
The Indonesian government stepped in to support the country’s aviation and tourism industries to limit the damage the coronavirus outbreak has inflicted on airlines.
China Aircraft Leasing may order Airbus A321XLR, A220 planes
China Aircraft Leasing Group Holdings Ltd. is considering ordering long-range jets from Airbus SE’s A320neo family of aircraft, reflecting a trend of airlines looking to…
Big oil warned White House China trade deal was unrealistic
Industry leaders privately warned the Trump administration that the U.S. will struggle to produce the oil, gas and other energy products that China has committed…
Former United CFO raises $125 million for startup US airline
A new budget airline created by a former United Airlines executive has raised $125 million in funding and plans to start service before the end…
US weighs higher tariff ceilings in bid for more sway over WTO
The U.S. is weighing a plan to increase its long-standing ceiling on tariffs in a move meant to trigger a renegotiation of relationships with fellow…
CEOs, lawmakers sound alarm on heightened Canadian rail protests
Escalating protests against a Canadian natural gas pipeline are putting shipments of grain, propane, lumber and consumer goods in jeopardy and prompting consternation among executives…
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