NEWS
company news
FedEx and union leaders reach agreement on pay and legacy pensions
THE executive of Air Line Pilots Association, Int'l (ALPA), has approved a tentative pilot contract reached with FedEx, reports London's Air Cargo News.The tentative contract agreement, which was reached on May 30, will now go to a membership ratification ballot, which will open on July 5...
read more
CargoLogicAir unlikely to be sold as a going concern
THE joint administrator of CargoLogicAir says the airline is unlikely to be sold as a going concern in its latest update on the company.UK-based CargoLogicAir, which operated Boeing 747 freighters, was forced to halt services after sanctions relating to the Ukrainian conflict prevented it from fl...
read more
Boeing forecasts need for 43,000 jets in its 20-year outlook
MAJOR US aircraft manufacturer Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers.Boeing expects airlines will need to buy 42,595 jets from now until 2042, up from 41,170 planes...
read more