FedEx to cut costs, hike rates in battle against flagging demand byBloomberg News September 22, 2022 FedEx Corp. is cutting flights, deferring projects and closing offices as it seeks as much as $2.7 billion in savings...
Amazon Air cargo flights grow at slowest pace since early pandemic byBloomberg News September 20, 2022 Amazon.com Inc.’s cargo airline is growing at the slowest pace since the start of the pandemic, the latest sign that...
Germany sells full stake in Lufthansa at $760M profit byBloomberg News September 14, 2022 Germany raised 760 million euros ($760 million) from the sale of the state’s full stake in Deutsche Lufthansa AG, unwinding...
Lufthansa prepares new offer to pilots to avert two-day strike byBloomberg News September 6, 2022 Deutsche Lufthansa AG said it’s preparing an improved offer to pilots threatening to stage a two-day strike starting at midnight,...
Inflation, supply-chain issues and COVID in China to hit airfreight demand, Cathay warns byBloomberg News September 1, 2022 Cathay Pacific Airways Ltd., one of the world’s biggest airfreight operators, warned that inflation, supply-chain snags and Covid restrictions in China could...
British Airways extends cuts, scrapping 8% of winter flights byBloomberg News August 23, 2022 British Airways will scrap about 5,000 round-trip flights this winter after cancelling about 13% of its schedule this summer due...
MSC-Lufthansa could offer $853 M for ITA, Messaggero says byBloomberg News August 22, 2022 A group of investors led by container giant MSC Mediterranean Shipping Co. and German airline Deutsche Lufthansa AG could offer...
Cathay pilots offered extra pay for flights to China byBloomberg News August 19, 2022 Cathay Pacific Airways is dangling allowances of up to HK$5,000 (US $640) a flight as a sweetener for pilots rostered...
