Falling plane values, e-commerce rise fuels boom in converting passenger planes to freighters

By Jamie Freed, Ari Rabinovitch and Allison Lampert SYDNEY/JERUSALEM/MONTREAL (Reuters) – From Air Canada to China’s CDB Aviation, airlines and leasing firms are rushing to permanently convert older passenger jets into freighters, betting on a boom in e-commerce as the

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Two key GOP senators propose $28.8 billion in airline assistance to avoid job cuts

2/2 © Reuters. Federal Aviation Administration (FFA) oversight of aircraft certification hearing on Capitol Hill 2/2 By David Shepardson WASHINGTON (Reuters) – Two key Republican senators on Monday introduced legislation that would authorize $28.8 billion in payroll assistance to avoid

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Iran blames Ukrainian jetliner shootdown on miscommunication, misaligned missile battery  

A report released Saturday by Iran’s Civil Aviation Organization blames the shootdown of a Ukrainian jetliner on a misaligned missile battery and miscommunication between troops and their commanders. The report comes months after the Jan. 8 crash near Tehran that killed

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