IAG Cargo reports a 28.1% year-on-year increase in revenues
IAG Cargo, the cargo division of International Airlines Group, saw its cargo revenues reach new highs last year on the… Read More »
Accor: 20 Percent Decline in Int’l Biz Travel “Could Probably Last Forever”
After a nearly €2 billion net loss in 2020, the Accor Group recovered for an €85 million net profit for… Read More »
US’s Eastern Airlines secures first cargo deal
Eastern Airlines has announced the signing of an agreement with Flexport to operate its future 777 Express Freighter aircraft out… Read More »
US’s Atlas Air executes $200mn share buy-back
Atlas Air (5Y, New York JFK) parent Atlas Air Worldwide Holdings has authorised a new USD200 million share buyback programme,… Read More »
Ukraine closes airspace as Russia invades
The State Enterprise of Air Traffic Services of Ukraine (UkSATSE) issued a Notice to Airmen (NOTAM) closing the Ukrainian airspace… Read More »
Washington sanctions Russia’s VEB-Leasin
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the Russian state-owned development bank VEB… Read More »
Taiwan’s China Airlines eyes A330 replacement
Even though its immediate focus is on prioritising its successful cargo operations, China Airlines (CI, Taipei Taoyuan) is studying a… Read More »
DHL Express introduces a new route between Ho Chi Minh City and the US
DHL Express has introduced a new route between Ho Chi Minh City in Vietnam and the US as bilateral trade… Read More »