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Abu Dhabi Transfers Etihad Ownership to Sovereign Wealth Fund
Abu Dhabi said it will transfer ownership of state carrier Etihad Airways to sovereign wealth fund ADQ in an effort...
Airbus Wins First Third-Party Mission for Giant Beluga Cargo Jet
Airbus SE is poised to carry out its first cargo flights for an external client using a fleet of giant...
Cathay Pacific Plans Jet Orders as Hong Kong Airport Expands
Cathay Pacific Airways Ltd. is in talks with Boeing Co. and Airbus SE about expanding its fleet, seeking to bounce...
FedEx to Cut Costs, Hike Rates in Battle Against Flagging Demand
FedEx Corp. is cutting flights, deferring projects and closing offices as it seeks as much as $2.7 billion in savings...
Apollo-led group to buy cargo-hauler Atlas Air for $2.9 billion
An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion,...
Apollo nears $3.2B takeover of Atlas Air Worldwide
An investor group led by Apollo Global Management Inc. has agreed to acquire airfreight company Atlas Air Worldwide Holdings Inc....
Boeing Reverses Cash Drain, Signaling Progress in Turnaround
Boeing Co. generated $81 million in cash from its operations during the second quarter, sharply reversing its heavy cash use...
Boeing Mulls a 787 Freighter as Tougher Air Pollution Rules Loom
Boeing Co. hinted that it’s considering a cargo-hauling version of its 787 Dreamliner to eventually replace 767 freighters, whose engines...
