Live Breaking News & Updates on Airfrt

FedEx appoints new CFO

FedEx Corp on Monday appointed former CEO of Atlas Air Worldwide John Dietrich as chief financial officer, effective Aug. 1.

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Georgia to resume flights to Russia this week, drawing EU and Ukrainian criticism

Georgian Airways will resume direct flights to Russia from Saturday, the country's civil aviation authority said, drawing criticism from Ukraine and the European Union.

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Logistics firm DSV eyes recovery in global trade volumes

Denmark's DSV , the world's third-largest freight forwarder, on Thursday predicted a recovery in global trade volumes after the firm surpassed profit forecasts in the first quarter despite seeing lower volumes and freight rates.

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BOC Aviation awarded $406.2 mln over planes stuck in Russia

A U.S. judge on Tuesday ordered Russia's largest cargo airline to pay aircraft lessor BOC Aviation Ltd $406.2 million after being declared in default on leases for three Boeing 747-8F planes following Russia's invasion of Ukraine.

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Dubai government considering Emirates IPO - airline president

The Dubai government is considering an initial public offering of Emirates airline, the flagship carrier's President Tim Clark said on Monday, as authorities work to boost activity on the local stock market.

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