Top- News zum Sektor Transport

 

The investment firm behind several now-defunct aiirlines faces a string of financial and legal problems....

The NSR offers its participants unprecedented opportunities in the current environment of disrupted logistics chains and traditional routes being blocked by areas of military and political tensions, the EEF Executive Secretary stressed...

Orient Overseas International Ltd. warned that freight rates may come down as seasonal demand wanes and new container ships enter service, amplifying the pain of higher fuel costs....

American Airlines revealed a number of new European routes for next summer....

American Airlines Group Inc. will add seven new international routes next year as the carrier expands its network and deploys more of its newest long-range aircraft....

American is adding seven routes to its 2027 schedule, with the majority heading to smaller European cities from its Philadelphia hub or from New York City....

A crisis in one narrow passage has disrupted an industry that carries about 80 percent of the world's trade....

Qantas shares jumped 4% after the airline reported full-year earnings and introduced new business-class seats amid strong demand for premium travel....

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India's Crude Import Bill Surges As Hormuz Shipping Rates Soar Authored by Tsvetana Paraskova via OilPrice.com, India's crude oil import bill has soared since the Iran war choked Middle Eastern oil supply, raised benchmark crude prices, quadrupled freight rates, and boosted insurance on a single Strait of Hormuz voyage to never-before-seen highs. India has been paying elevated prices to import Middle Eastern crude not only because of the spike in oil prices, but also due to the surging costs to bring supply from the nearest region from which it can import crude. The freight rates on the key route from Ras Tanura on Saudi Arabia's Persian Gulf to India have soared by more than 400% since February 28, when the war began, and Iran closed off the Strait of Hormuz. The rate for shipping crude on a very large crude carrier (VLCC) from Ras Tanura to India surged by 411% to $4.34 a barrel in August, from just $0.85 per barrel before the war, according to data compiled by Indian outlet Financial Exp...

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South African airlines are making contingency plans for a potential jet-fuel shortage after problems at a Sasol Ltd. refinery threatened supplies....

United Airlines will add 10 new destinations next year — the largest international expansion in the Chicago-based company's nearly 100-year history. The airline announced Tuesday that it will introduce nonstop flights to Okinawa, Japan; Toulouse, France; Luxembourg City, Luxembourg; Marseille, France; Ibiza, Spain; Valencia, Spain; Terceira, Portugal; Ljubljana, Slovenia; Olbia (Sardinia), Italy; and Catania (Sicily),......

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The search for the pilot and small charter aircraft that crashed into the ocean is still ongoing....

The Danube is at critically low levels along Bulgaria's section of the river, with restrictions introduced along its entire course....

As tourism booms across Japan, United Airlines is continuing to expand its offerings to the country, with new routes planned for Okinawa and Osaka....

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Omani FM hopes the two countries will 'soon announce' a joint temporary transit corridor through the Strait of Hormuz....

United Airlines Chief Executive Officer Scott Kirby discusses the largest international expansion in the company's history, the strength he sees in both customer demand and the US economy, and plans to offset increased oil prices. The carrier will now fly to 10 more destinations in Europe and Asia. Kirby speaks to Bloomberg's Lisa Abramowicz from United's hub at Newark Liberty International Airport in New Jersey. (Source: Bloomberg)...