US President Donald Trump has criticised Warren Buffett’s decision to sell $6.1 billion of shares in the four largest US airlines in May. President Trump highlighted figures showing shares in America’s big four airlines are up amid claims recovery is on the way. Airlines faced a heavy blow when Buffett pulled his investments from the
‘Taxi’ drones to deliver bulky goods in China
A Chinese tech company will begin using drone helicopters to deliver bulky goods to residents’ houses after receiving official permission from the Chinese aviation authority to test the service in a major step to pilotless passenger transport. The company has obtained approval from the Civil Aviation Administration of China (CAAC) to use its drones in for
Zipair has made its maiden flight from Tokyo to Bangkok, however the flight carried no passengers due to the continuing coronavirus pandemic. The cargo-only flight carried machine parts and chemical products on its maiden voyage. LIVE: The inaugural international service of JAL's new LCC Zipair Tokyo is en-route to Bangkok from Narita, ironically only with
The Israeli Airports Authority (IAA) has barred El Al from performing cargo-only flights, effectively grounding the airline. The decision was made as the Israeli flag carrier has accumulated approximately $17.3 million in debt to the airport. Passenger flights in Israel remain banned due to the coronavirus, with no current date for recommencement. As Israel has
US to ban Chinese carriers from mid-June
The US Department of Transportation has banned Chinese airlines from flying to the US from mid-June in retaliation for a Chinese decision to deny US airlines from resuming flights to and from China. The order states a date of 16 June, but this could be applied sooner by President Donald Trump. The DOT order reads
A new draft proposal has been announced by administrators overseeing the finances of South African Airways, which includes a US$1.2 billion bailout loan to help the airline overcome the effects of the coronavirus outbreak. The team was given 25 days to come up with the plan in May. The proposal is just that, a request,
