Transportation news and more!
Log trains are running again on the Wairoa-Napier line from this weekend. Services were suspended earlier this year as a result of COVID-19’s impact on the forestry industry. KiwiRail Chief Operating Officer Todd Moyle says…
Budapest, Hungary, November 17th, 2020 – The Hungarian Government and Embraer signed today a contract for the acquisition of two new generation multi-mission transport aircraft Embraer C-390 Millennium, in its air-to-air refueling (AAR) configuration, designated…
Boeing [NYSE: BA] today released its biennial World Air Cargo Forecast (WACF), reflecting COVID-19 impacts and opportunities as well as substantial long-term demand for freighters over the next two decades. Enabled by a rebound in…
Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act). The Loan Agreement…
Boeing [NYSE: BA] expects China’s airlines to acquire 8,600 new airplanes valued at $1.4 trillion and commercial aviation services valued at $1.7 trillion over the next 20 years, reflecting an expected robust recovery following the…
Mesa Air Group, Inc. (NASDAQ: MESA) will release its fourth quarter earnings for fiscal year 2020 after the market closes on Wednesday, December 9. The company will also host a conference call to discuss the results on December 9 at 4:30…
- Air cargo carrier responding to market demand for additional cargo capacity - Demonstrates agility and innovation in business response to the pandemic Emirates SkyCargo has started utilising its Airbus A380 aircraft on select cargo…
Elbe Flugzeugwerke (EFW), the joint venture created by Airbus and ST Engineering has achieved key milestones in the A321 passenger-to-freighter (P2F) conversion programme with the delivery and entry-into-service on 2th October of the first converted…
“The name Ruakanakana is associated with a pā site beside Lake Elterwater that was occupied by the renowned chief Te Rakaitauheke of the Ngāti Kurī hapū of Ngāi Tahu.“The Main North Line runs alongside Lake…
- Financial results continue to be significantly impacted by COVID-19 and the 737 MAX grounding - Proactively managing liquidity and transforming for the future - Revenue of $14.1 billion, GAAP loss per share of ($0.79) and core (non-GAAP)*…
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