Benelux

On July 9, a panel of Indian legislators will review safety in India's civil aviation industry. They have invited several government and industry officials to answer questions, with topics including Air India's recent crash. According to a draft memo for the meeting, which was seen by, India's upper house has asked airport operators and air traffic controllers, as well as airlines such Air India and IndiGo, to participate in a thorough review of passenger safety. The meeting comes in the wake of the Air India disaster on June 12, which claimed 260 lives, including 241 aboard a Boeing 787-8 jet...

There are still many airline services that have been disrupted across the Middle East as a result of the 12-day air conflict between Iran and Israel, which ended on Tuesday with a ceasefire brokered by the United States. Safety concerns and airspace closures continue to impact airline traffic in the area. Here are some airlines that have canceled flights from and to the region. AEGEAN AIRLINES The Greek airline has cancelled flights to Tel Aviv and Beirut as well as to Amman and Erbil until the early flight on September 8th. AIRBALTIC AirBaltic, a Latvian airline, announced that it had...

Israel's attacks against Iran have caused international airlines to stop flights to certain Middle East destinations because of airspace closures and safety issues. The conflict has entered a new phase after the U.S. invasion on Iranian nuclear sites Some airlines have cancelled flights to hubs such as Dubai is Qatar's Doha. Here are a few airlines that have cancelled flights from and to the region. AEGEAN AIRLINES The Greek airline has cancelled flights to Tel Aviv and Beirut as well as to Amman and Erbil until the early flight on September 8th. AIRBALTIC AirBaltic, a Latvian airline, announced that it...

China Airlines, a Taiwanese airline, said that it would spend over $2 billion on Airbus aircraft, including five A350-900 jets for long-haul routes and eight A321neos for medium- and short-haul flights. In the middle of a fleet upgrade, China Airlines split an order worth nearly $12 billion in list prices for new long-haul planes between Boeing and European rival Airbus last year. China Airlines announced to the Taiwan Stock Exchange that Air Leasing Corporation would provide five A321 aircraft at a cost $240 million. Negotiations are ongoing for the remaining three aircraft. The A350s are expected to cost less than...

On Tuesday, shares of U.S. airlines and European airlines increased while oil prices fell on the expectation that a ceasefire would be maintained between Israel and Iran. Air France KLM and British Airways' owner, Lufthansa, all saw gains between 6-10%, while Wizz Air grew by 3.2%. In the morning, Delta Air Lines, American Airlines and United Airlines all saw gains of about 4%. The U.S. president said that Israel has stopped its attack after his order to maintain a ceasefire of several hours. Iranian and Israeli media both reported that Israel had launched new airstrikes on Iran just minutes after...

Israel's attacks against Iran have caused international airlines to stop flights to certain Middle East destinations because of airspace closures and safety issues. The conflict has entered a new phase after the U.S. invasion on Iranian nuclear sites Some airlines have cancelled flights to hubs such as Dubai is Qatar's Doha. Here are some airlines that have canceled flights from and to the region. AIRBALTIC AirBaltic, a Latvian airline, announced that it had cancelled all flights from and to Tel Aviv up until September 30. AIR EUROPA Spanish airline cancels flights from and to Tel Aviv through July 31. AIR...

Israel's attacks against Iran have caused international airlines to stop flights to certain Middle East destinations because of airspace closures and safety issues. The conflict has entered a new phase after the U.S. invasion on Iranian nuclear sites Some airlines have cancelled flights to hubs such as Dubai is Qatar's Doha. Here are some airlines that have cancelled flights from and to the region. AIRBALTIC AirBaltic, a Latvian airline, announced that it had cancelled all flights from and to Tel Aviv up until September 30. AEROFLOT Aeroflot, a Russian airline, has announced that it has cancelled flights between Moscow &...

Israel's attacks against Iran has prompted international carriers to stop flights to certain Middle East destinations because of airspace closures and safety issues. The conflict has entered a new phase after the U.S. invasion on Iranian nuclear sites Some airlines have cancelled flights to hubs such as Dubai is Qatar's Doha. Here are some airlines that have canceled flights from and to the region. AIRBALTIC AirBaltic, a Latvian airline, announced that it had cancelled all flights from and to Tel Aviv up until September 30. AEROFLOT Aeroflot, a Russian airline, has announced that it has cancelled flights between Moscow &...

Commercial airlines in the world weighed how long they would suspend Middle East flights on Monday as the conflict, which had already cut off many major flight routes, entered a new stage after the U.S. launched an attack against key Iranian nuclear sites. Tehran also vowed that it would defend itself. Since Israel's strikes against Iran began on June 13, the airspace that stretches from Iran, Iraq and the Mediterranean Sea has been virtually empty. Airlines have diverted, cancelled and delayed flights due to safety concerns and airspace closures. The aviation industry's concern about the region has escalated with the...

Commercial airlines in the United States and around the world were debating Monday how long they would suspend flights to the Middle East after the U.S. attacked Iran. Singapore Airlines, a major airline in Asia, called the situation "fluid", cancelling flights to Dubai after a security evaluation. Flight tracking website FlightRadar24 shows that there is no space in Iran, Iraq or Syria, and the Middle East route is now more important than ever for flights between Europe, Asia and Russia. Air France KLM announced on Sunday that they had cancelled all flights from and to Dubai and Riyadh for Sunday...

According to the government directives that were reviewed on Saturday, India's aviation regulator has warned Air India about "repeated serious violations" in relation to pilot duty schedules and oversight. Air India was ordered by the Directorate General of Civil Aviation to remove three executives from their crew scheduling roles – a divisional Vice President, a Chief Manager of Crew Scheduling and a Planning Executive – for lapses related to flights between Bengaluru and London on May 16-17 that exceeded the pilot flight limit of 10 hour. The order of June 20 cited "systemic failings in scheduling protocols and oversights", and...

Investors downplayed inflation fears as they awaited clarity about a possible U.S. intervention in the conflict. The White House announced on Thursday that President Donald Trump would make a final decision within the next two week, increasing pressure on Tehran to return to the negotiation table. The German 10-year yields that serve as a benchmark for the entire euro zone fell by 2.5 basis points to 2.49% and are expected to finish the week at 4.5 basis points lower. Money markets have priced in the deposit facility rate of the European Central Bank at 1.77% for December, as opposed to...

Bookrunners reported on Tuesday that a company controlled by Advent International, a private equity firm, had offered institutional investors an approximately 3.5% stake in the parcel locker firm InPost. AI Prime & Cy S.C.A., a company owned by Advent. InPost offered 17.5 millions shares through an accelerated placement at 13.25 euros per share. This represents a discount by 6% from Monday's closing prices of 14.1 euro in Amsterdam. The bookrunner stated that once the placement is completed, AI Prime will hold a stake of around 6,5% in InPost. In September 2024, the company sold a 4% stake to InPost at...

U.S. importers rely on customs brokers more and more to keep up with the ever-changing policies of President Donald Trump. The industry said that the booming demand for assistance in processing foreign products has increased the cost of these services, which adds another cost to tariffs. Customs brokerages, which were until recently an unrecognized branch of the import industry, now handle all the paperwork required to process shipments, calculate tariff bills, and calculate the paperwork. Brokers interviewed by said they were raising their fees. Major logistics companies like Memphis, Tennessee based FedEx, and Germany based DHL have also added staff...

Isaac Del Toro, of UAE Team Emirates - XRG, continued his excellent form in the Giro d'Italia by winning stage 17 on Wednesday with a perfectly timed sprint. The Mexican's stage win was his first of the race and allowed him to extend his overall lead. The 155 km route from San Michele all'Adige in Italy to Bormio on Tuesday was not as punishing, but it featured two tough climbs -- Passo del Tonale (passo del mortirolo) and Passo del Tonale -- totalling 3,800 metres. Del Toro, the youngest man in the field at the end of this final ascent,...

Polish businessman Michal Solowow has actually made an offer to purchase regional broadcaster TVN from Warner Bros Discovery Inc, according to his MS Galleon fund, while media group WP Holding has actually likewise made a bid, a source acquainted with the matter stated. Reuters reported in December that Warner Bros Discovery was dealing with advisers at JPMorgan on the sale of TVN Group. Two sources said in December that TVN Group, which includes 24-hour news channels TVN24 and TVN24BiS, could be valued at more than 1 billion euros ($ 1 billion) in a sale. At the invitation of JPMorgan and...

Dutch postal operator PostNL cut its 2024 operating earnings projection for the second time on Monday, with its top executive mentioning less seasonal mail than expected in December and an unsustainable organization model. The Amsterdam-listed stock fell 3.2% in early trading. Slow to broaden their parcel networks and at times in financial difficulty, traditional postal services in Europe are having a hard time to keep up with competitors from other parcel locker firms such as Poland's InPost and Amazon. Immediate action to change the USO responsibilities (universal. service commitments) as well as a financial contribution from. federal government are inevitable...

Poland's InPost will invest an extra 600 million pounds ($ 731 million) by 2029 to broaden its operations in the UK, the UK federal government stated on Thursday. This will bring the parcel locker company's total investment in the UK to 1 billion pounds, supporting approximately 12,000 brand-new tasks, the government said in a declaration. InPost plans to broaden its network of automated lockers and logistics facilities in the country, the business said in a. declaration on Friday. The lockers, dubbed automated parcel devices or APMs, allow. customers to gather or drop off plans when it matches them. Britain is...

Parcel locker company InPost reported on Tuesday a 20% rise in fourthquarter volumes, driven by both its home market Poland and abroad. InPost, which aside Poland runs in eight countries, delivered 322.1 million parcels in the quarter, that included the hectic holiday. The business runs one of the most significant networks in Europe of pick-up drop-off (PUDO) points and automated lockers, dubbed automated parcel devices or APMs, that permit clients to gather or drop off plans when it suits them. InPost said that it added a record number of more than 11,500 APMs in 2024, bringing its network to 46,977...

European shares were on course to post their worst week in three months on Friday, as U.S. Presidentelect Donald Trump's comments about prospective tariffs on the European Union even more startled investors currently stressed about the rate outlook. The pan-European STOXX 600 index fell 0.8% by 0812 GMT, trading at its lowest in nearly a month and on course for its most significant weekly decrease considering that early September. Trump stated that the EU should acquire U.S. oil and gas to offset its remarkable deficit with the world's biggest economy, or face tariffs. All the major European subsectors remained in...

U.S. Postmaster General Louis DeJoy protected plans to buy a rising number of electric delivery lorries and said he did not plan to return funding allocated for zeroemission models without legislation from Congress. In 2023, Congress provided USPS $3 billion as part of a $430. billion environment expense to buy EVs and charging infrastructure--. consisting of $1.2 billion for electrical cars. It prepares to purchase. some 66,000 electrical cars by 2028. DeJoy stated at a U.S. Legislature hearing on. Tuesday that the EV purchase strategy makes service sense for USPS. Reuters reported recently that Donald Trump's shift. group is thinking...

Donald Trump's transition group is considering canceling the U.S. Postal Service's agreements to energize its delivery fleet, as part of a wider suite of executive orders targeting electric cars, according to three sources knowledgeable about the strategies. The relocation, which could be unveiled in the early days of Trump's administration that begins on Jan. 20, is in line with Trump's project guarantees to roll back President Joe Biden's. efforts to decarbonize U.S. transportation to combat environment. change-- a program Trump has actually stated is unnecessary and possibly. damaging to the economy. Reuters has previously reported that Trump is preparing to....

Donald Trump's transition group is considering canceling the U.S. Postal Service's contracts to amaze its shipment fleet, as part of a more comprehensive suite of executive orders targeting electric automobiles, according to three sources acquainted with the strategies. The move, which might be revealed in the early days of Trump's administration that begins on Jan. 20, remains in line with Trump's project assures to roll back President Joe Biden's. efforts to decarbonize U.S. transportation to combat environment. modification-- a program Trump has stated is unneeded and possibly. harming to the economy. Reuters has previously reported that Trump is planning to....

Donald Trump's transition group is thinking about canceling the United States Postal Service's. agreements to electrify its shipment fleet, as part of a broader. suite of executive orders targeting electrical lorries, according. to 3 sources knowledgeable about the strategies. The relocation, which might be revealed in the early days of. Trump's administration that starts on Jan. 20, is in line with. Trump's campaign promises to roll back President Joe Biden's. efforts to decarbonize U.S. transportation to combat environment. change-- an agenda Trump has stated is unneeded and potentially. damaging to the economy. Reuters has formerly reported that Trump is planning...