ATSG is slated to become a private company now that investment firm Stonepeak has agreed to acquire it in an all-cash transaction valued at $3.1 billion.

Mexico has become the ninth country to forge a memorandum of understanding (MOU) with Argentina to liberalize air services between the two countries.

Air Canada is bracing for higher unit costs in 2025 after forging contract-related adjustments to show a better-than-anticipated cost performance for this year.