Icelandic Cargo Airline Bluebird Nordic Shuts Down - DHL Group (OTC:DHLGY), FedEx (NYSE:FDX)

The recent recovery of the air cargo market didn't happen soon enough to save Iceland-based cargo airline Bluebird Nordic, which ceased operations late last month.  The airline, which existed for 23 years and was acquired by Lithuanian conglomerate Avia Solutions Group in 2020, surrendered its air operator certificate to the Icelandic Civil Aviation Authority and is retur

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