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27.03.26 - 03:06
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China′s airlines add 2,900 flights to Europe as Russia access pays dividends (SCMP)
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China's airlines are expected to add nearly 2,900 more China-Europe flights to their summer schedules compared with last year, analysts said, as the US-Israel war on Iran hands them an even greater competitive advantage over other global carriers.
Unlike many Western airlines, Chinese carriers can fly directly through Russian airspace to Europe rather than taking a lengthy detour, allowing them to offer quicker flights, save on fuel and avoid sending planes over the Middle East.
The number of......
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26.03.26 - 23:15
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United Airlines CEO Warns Summer Airfares Will Spike, Tells Travelers To Book Now (ZeroHedge)
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United Airlines CEO Warns Summer Airfares Will Spike, Tells Travelers To Book Now
United Airlines CEO Scott Kirby told ABC News on Wednesday that the month-long U.S.-Iran conflict and the resulting spike in jet fuel prices are set to push domestic summer airfares higher.
Kirby told ABC that ticket prices will have to rise by 20% to offset the more than 80% jump in jet fuel prices since the conflict began late last month. He said travelers should lock in their ticket prices now, before fares move higher.
Jet Fuel NY Buckeye MOC (New York Buckeye Pipeline jet fuel benchmark)
In a separate report, Bloomberg cited data from research firm Alton Aviation showing that long-haul summer airfares have surged. In particular, June fares on key Asia-Pacific-to-Europe routes are up 70% from a year ago, with some routes experiencing even steeper increases: Hong Kong to London, up 560%; Bangkok to Frankfurt, up 505%; and Sydney to London, up 429%.
Data from the research firm Cirium show that demand for summ...
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26.03.26 - 16:34
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US Postal Service Plans 8% Fuel Surcharge As Iran War Raises Transport Costs (ZeroHedge)
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US Postal Service Plans 8% Fuel Surcharge As Iran War Raises Transport Costs
By Eric Kulisch of FreightWaves,
The U.S. Postal Service is seeking permission to impose a fuel surcharge on parcel products for the first time ever to cover soaring transportation costs for gasoline and diesel fuel, which have jumped more than 30% since the invasion of Iran by the United States and Israel nearly a month ago.
Parcel shipments would be charged an 8% fee, on top of their regular transportation charge, if the fee is approved.
The quasi-private agency on Wednesday sought permission from the Postal Regulatory Commission for a time-limited price adjustment on parcel shipments because of rapidly changing market prices for fuel. It would be the first time in its history that the Postal Service has applied a fuel fee, a common practice with private carriers like DHL, FedEx and UPS.
The Postal Service also said that the temporary surcharge would help it transition to a permanent mechanism for imposing surchar...
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26.03.26 - 05:36
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How the Iran War is Affecting the Shipping Industry (Bloomberg)
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Raymond Peter, Managing Director at Bernhard Schulte Shipmanagement, says the company's top priority is ensuring the safety of crew members on board its vessels as tensions linked to the war involving Iran continue to rise. He speaks on the sidelines of the APAC Maritime Conference in Singapore. (Source: Bloomberg)...
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26.03.26 - 05:24
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Cambiaso Risso′s Bjork on Iran War Impact on Shipping Insurance (Bloomberg)
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Amanda Bjork, Head of Claims at Cambiaso Risso Asia, says the risk level in the Strait of Hormuz is “very high.” The company is a global insurance and reinsurance broker specializing in marine and shipping risks. She spoke to "Bloomberg: The Asia Trade" from the sidelines of Asia-Pacific Maritime 2026. (Source: Bloomberg)...
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26.03.26 - 05:18
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Malaysia′s Orkim On Iran War Impact on Shipping (Bloomberg)
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Sin Bi Cheah, CEO of Malaysian‑based Orkim Group, discusses the impact of the Iran war on the shipping industry. The company transports clean petroleum products and liquefied petroleum gas. He speaks with Paul Allen from the sidelines of 'Asia-Pacific Maritime 2026.' (Source: Bloomberg)...
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