FedEx, UPS shares sink on ‘watershed’ Amazon logistics move
U.S. transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor...
Air Canada pulls 2026 outlook on rising jet fuel costs
Air Canada suspended its full-year 2026 financial guidance because of the surge in jet fuel prices caused by the war...
Airbus profit drops as earnings collapse at main jet unit
Airbus SE suffered a steep profit drop in the first three months of the year as aircraft deliveries slowed to...
California jet fuel woes deepen as Asia flows hit decade low
Jet fuel exports from Asia to California are at the lowest point in at least a decade, adding another pressure...
Boeing narrows cash burn in first quarter as deliveries rise
Boeing Co. reported lower-than-expected cash outflow as it delivered the most aircraft in the first quarter since 2019, continuing its...
FAA orders O’Hare flight cuts amid American, United turf war
The US Federal Aviation Administration ordered airlines to slash flights at Chicago O’Hare International Airport this summer to prevent overscheduling...
Lufthansa pilots union calls for 2 more strike days this week
The union representing Deutsche Lufthansa AG pilots is calling for two more days of strikes later this week, extending challenges...
FedEx CFO Dietrich to step down after spinoff of Freight unit
FedEx Corp. Chief Financial Officer John Dietrich will step down after the courier completes a planned spinoff of its freight...
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