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MSC-Lufthansa could offer $853 M for ITA, Messaggero says
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
Cathay Pacific Airways is dangling allowances of up to HK$5,000 (US $640) a flight as a sweetener for pilots rostered...
Heathrow extends capacity curb until end of October
London Heathrow airport extended a capacity cap through the end of the summer season as the UK’s biggest hub contends...
The French backwater transforming Airbus jets to feed cargo boom
A little-known French airfield is emerging as a center for the fast-track transformation of Airbus SE passenger planes into freighters...
Apollo-led group to buy Atlas Air for $2.9B
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....
Logistics firm Terra Worldwide explores $1 B sale
Terra Worldwide Logistics, a closely-held provider of logistics services, is exploring a sale amid consolidation in the industry, according to...
Taiwan logistics firm Morrison Express weighs $1 billion sale, sources say
Morrison Express Corp., a Taiwanese logistics company, is considering a sale of the business amid interest from potential buyers, according...
Saudi Arabia plans air cargo roadshows to lure Amazon, DHL
Saudi Arabia plans to stage a number of roadshows in the next 12 to 18 months as it seeks to...
Alphabet’s Wing develops fleet of new drones for more efficient package delivery
Alphabet Inc.’s Wing subsidiary has developed a fleet of new drone prototypes designed to more efficiently deliver packages ranging from...
Amazon and NY Port Authority scrap Newark Airport deal
Amazon.com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility...
Zipline’s drone-delivery service approved as air carrier by FAA
A drone-delivery company that has made thousands of medical drops in Africa, including distributions of Covid-19 vaccines, was approved by...
DHL warns supply chain won’t recover to pre-Covid days in 2023
Port congestion should ease next year as new container vessels are delivered and demand from shippers softens from pandemic highs,...
Walmart plans $3.99 drone deliveries in six states by year-end
Walmart Inc. and partner DroneUp LLC plan to expand their drone-delivery hubs to 34 locations in six states by year-end,...
