Tag: Air Transport

Lufthansa profit weighed by slowing US growth

Lufthansa on Friday posted first-quarter results that fell badly short of expectations. The company failed to dispel continued worries about slowing economic growth and an ongoing pay dispute with pilots and flight engineers.

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SAirGroup restructures cargo division

SAirGroup, the troubled parent of Swissair, on Thursday announced a major restructuring of its cargo operations and simultaneously upgraded freight to a core activity as it struggles to restore its financial health following disastrous investments in other European airlines

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UPSs’ filed petitions against DHL

United Parcel Service today announced it has received overwhelming support from elected officials and labor leaders nationwide for its petition to revoke the Foreign Air Freight Forwarding License (FAFF) of DHL Worldwide Express

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