Maersk Line's Robbert Van Trooijen says Q2 net profit fell due to low freight rates, but the company managed to utilize its assets more efficiently.
A trio of American airlines saw mild swings in trading Tuesday, after reporting July traffic data.
JDA Software's majority owner, buyout firm New Mountain Capital LLC, has already explored a sale of the company to private equity firms, and there is no certainty its latest talks with Honeywell will result in a deal, the people said on Monday. Honeywell, New Mountain Capital and JDA Software declined to comment. JDA Software, based in Scottsdale, Arizona, provides...
A jet operated on behalf of DHL faced thunderstorms and poor weather upon landing in northern Italy early Friday.
The online retail giant plans to lease 40 aircraft to speed up deliveries and take more control of the process.
July 28- Boeing Co could end production of its iconic 747 aircraft, as the world's biggest plane maker faces falling orders and pricing pressure, according to a regulatory filing. "On the 747 program, we decided to reduce future production expectations and revenue assumptions to account for current and anticipated weakness in the air cargo market," Chief...
Minh Phuong Dang built MP Logistics from scratch, and welcomes the competition Vietnam's growth will bring.
WASHINGTON, July 25- The United States and Mexico agreed to put into force a new air transportation agreement that is expected to boost travel and clear the way for any city to have direct airline service to the neighboring nation, the U.S. Transportation Department said on Monday. The agreement will allow "increased market access for passenger and cargo...
MP Logistic's Minh Phuong Dang says she's confident that local "know-how" gives domestic logistics players an added advantage.
Boeing announced it will take three charges totaling $2.05 billion as part of its second-quarter earnings. Its stock dropped in after-hours trading.
Boeing's newest aircraft, the 737 Max, was on display to the public for the first time this week at the Farnborough Airshow.
Virtual reality and streaming content from sites like Netflix is the future of in-flight entertainment, industry leaders told CNBC.
China and Russia are aiming to take on Boeing and Airbus in the narrowbody plane segment, the most popular type of aircraft for carriers.
Europe's Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, to prevent a glut of unsold planes.
Russian plane maker Sukhoi unveiled the world's first private jet kitted out specifically for sports teams at the Farnborough air show on Tuesday.
FARNBOROUGH, England, July 12- Bravo Industries LLC, a Brazil- based logistics firm, has agreed to buy 10 LM-100J commercial freighter aircraft from Lockheed Martin Corp, the two companies announced on Tuesday. Bravo's Logística division, which consists of Bravo Cargas and Bravo MRO, plans to operate the turboprop LM-100J for air cargo operations in Brazil, the...
3D printing satellites in outer space might sound like the stuff of sci-fi movies, but that's exactly where the aerospace industry's biggest players are heading.
Qatar Airways is "seriously" talking to Boeing about buying a "large number" of its 737 Max aircraft, just weeks after it canceled its first order for Airbus's rival plane.
Virgin Atlantic signed a deal to buy 12 Airbus A350-1000 aircraft as part of a $4.4 billion order which will help the British-based airline modernize its fleet.
Flight delays are annoying, but technology designed to automate everything from air traffic control to baggage check-in could make them a thing of the past.