Latest news on the aviation and airfreight industry
Lufthansa Technik restarts building of $40M hangar
Lufthansa Technik Philippines resumed construction of its US$40-million hangar in Pasay Hangar…
October 7, 2021
2 minute read
Airlines to cut losses to $52B in 2021 on cargo, domestic travel demand
Net industry losses are expected to reduce to $11.6 billion in 2022…
October 5, 2021
4 minute read
Bicol International Airport ready for domestic operations Oct 7
Construction of the Bicol International Airport (BIA) is now 92.56% complete BIA…
October 4, 2021
2 minute read
PAL gets US court’s nod to access $505M financing
Philippine Airlines received US court approval to access its debtor-in-possession (DIP) financing…
October 4, 2021
3 minute read
Largest retailers securing air cargo capacity amid strong holiday peak
Average Asia outbound airfreight rates are on a pronounced sequential upswing heading…
October 4, 2021
4 minute read
Groups seek end to restrictions on transport workers to avert supply chain chaos
Global road, air and sea organizations and unions appealed to governments to…
September 30, 2021
4 minute read
CMA CGM orders two Boeing 777 freighters
First direct order for the group’s airfreight division 777 freighters will support…
September 30, 2021
2 minute read
PAL parent company hikes capital to P30B
The Board of Directors of PAL Holdings, Inc. approved an increase in…
September 29, 2021
2 minute read
Expanded Zamboanga airport inaugurated
The Department of Transportation and Civil Aviation Authority of the Philippines inaugurated…
September 28, 2021
1 minute read
PH, India sign air services pact
The Philippines and India have signed a new air services agreement (ASA)…
September 28, 2021
2 minute read
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