Benelux



Transport Infrastructure

India fines Air India $101,350 for Airbus incident. The country says the lapse in public confidence eroded trust.

A confidential order shows that India's civil aviation watchdog fined Air India $103,350 for flying an Airbus plane without a permit eight times. The watchdog said the lapse had further eroded public confidence in 'the country's second-largest airline'. On November 24 and 25, an Airbus A320 carried passengers from New Delhi to Bengaluru, Mumbai, and Hyderabad without the mandatory Airworthiness Review Certificate (ARC), a permit issued by the regulator annually after a plane passes safety and compliance tests. Air India's internal investigation, which was?reported on in December, revealed "systemic failings" with the airline. It also acknowledged that there was a?urgent...


Transport Infrastructure

India fines Air India $101,350 for Airbus incident. The country says the lapse in public confidence eroded trust.

A confidential order shows that India's civil Aviation Watchdog fined Air India $110 350 for flying an Airbus plane eight times without an Airworthiness Permit. The lapse, the watchdog said, had 'further undermined the public's trust in the country's second-largest airline. On November 24 and 25, an Airbus A320 carried passengers from New Delhi to Bengaluru, Mumbai, and Hyderabad without the mandatory Airworthiness Review Certificate (ARC), a permit issued by the regulator annually after a plane has passed safety and compliance tests. Air India's internal investigation of the incident, published in December, revealed "systemic failings" with the airline. The report...





Transport Infrastructure

Passenger Transportation Services

Passenger Transportation Services

Etihad Airways profits soars nearly 50% as fleet, network expansion support strong demand

Etihad Airways announced a nearly 50% increase in 'net profit' to $698m last year. The 'carrier' said this on Tuesday. Increased capacity supported strong demand throughout markets and lifted the load factor. "We have invested a lot in our product and customer satisfaction. We've grown a lot and added capacity, ?...So, I'd say that it's the combination of all our efforts," CEO Antonoaldo Neves said. The Abu Dhabi airline reported that passenger numbers would increase by 21%, to 22.4 millions in 2025. Its fleet will grow to 127 aircraft, after 29 new jets have been added to the fleet during...

Passenger Transportation Services

Air India incidents such as fuel leaks reach 14-month record

A company document shows that technical incidents, such as fuel and engine oil leaks, on Air India flights, reached the highest rate for at least 14 consecutive months in January. This highlights the growing pressures placed on the carrier to revamp its operations. Since a fatal crash in which 260 people were killed last year, India's second largest?airline is under the scrutiny of India's safety regulator. Since then, it has reported many safety lapses, and admitted in December that there is a need for "urgent improvements in process discipline and communication as well as compliance culture". Air India reported 1,09...

Passenger Transportation Services

Prosecutors say that the fraud committed by a UK-based aircraft parts company caused millions of dollars in losses.

Prosecutors said that the director of a London based airline parts company sold tens of thousands of engine parts using forged documents, causing a large 'loss for aviation industry giants such as American Airlines, GE Aerospace, and Safran. Jose Alejandro Zamora Yrala (38), has admitted to defrauding AOG Technics customers and potential clients by falsifying documentation about the source and state of engine parts between January 2019 and December 2023. In 2023, the discovery of forgeries, including parts for CFM56 engine engines that power some Airbus or Boeing jets, caused planes to be briefly grounded in many countries due to...

Passenger Transportation Services

Sources say DAE Capital is close to a deal with Macquarie Airfinance to purchase aircraft leasing company.

Two industry sources have confirmed that DAE Capital, a Dubai-based aircraft lessor, is "closing" in on a deal to buy Macquarie AirFinance's leasing platform. Two firms declined to comment on a request. DAE, along with Saudi Arabia's AviLease and Qatar’s Lesha Bank, was reported to be a final contender for the Macquarie aircraft lease?assets in?January. The sale of aircraft follows a round of competitive bidding, as the demand for planes soars. Commercial planesmakers Boeing & Airbus are unable to meet demand. This has created a 'great opportunity for lessors who can sell their aircraft at premium multiples. In 2017, ?Dubai...

Passenger Transportation Services

Airbus CEO: We can develop a fighter plane alone. FCAS dispute intensifies

The head of Airbus expressed his hope that Europe can continue to develop a 'new fighter jet. But he added that the company is ready for all scenarios, including two separate French-led and German-led programs to replace FCAS. Guillaume Faury, the CEO of BFM TV in France, said that dividing the project into two aircraft was one option. However he raised questions about the extent of cooperation with broader systems. The Future Combat Air System is a 100 billion-euro ($118-billion) effort to create a fighter plane supported by armed robots and secure connections. The Future Combat Air?System is threatened by...

Passenger Transportation Services

Air France-KLM announces record operating profit for the year as premium business booms

Air France-KLM announced on Thursday that it had achieved a record operating profit in 2025. This sent its shares up by 6.8%, as the company's strategy to offer a premium experience to customers was successful despite continuing cost challenges. The demand for premium services has increased among European airlines, despite the fact that the number of Europeans who travelled to the United States dropped last year. Air France-KLM reported that growth was particularly strong on transatlantic routes. This is especially true for premium cabins, after the group made significant investments in upgraded airport lounges, faster Wi-Fi and a revamped First...

Passenger Transportation Services

Airbus adopts split solution to FCAS faltering fighter programme

Airbus will'support' a two fighter solution for Europe’s faltering FCAS?fighter program if the governments ask, said Chief Executive Guillaume Faury on Thursday. The comments made during a presentation of results follow a dispute that erupted between Airbus (which represents Germany and Spain) and French partner, Dassault Aviation, over the leadership of a core warplane component of a planned system for fighters and drones. Rivalries have arisen over the extent to which Dassault should be in control of the core fighter component or pillar. This has led to speculation that the project may be divided into two parts. Faury, an analyst,...

Passenger Transportation Services

Air France-KLM reports record operating profit of 2 billion euros as the premium business booms

Air France-KLM reported stronger-than-expected full-year results ?and a record operating profit ?on Thursday, as ?its strategy ?of offering a premium customer experience bore fruit despite ongoing cost challenges. The demand for premium services has increased at European airlines, despite the fact that the number of Europeans who travelled to the United States dropped last year. The outlook for 2026 has been relatively modest, as there are many economic concerns. Ben Smith, Chief Executive of our airlines, said that they had carried more than 100 million passengers and achieved an operating result in excess of 2 billion Euros - the first...

Passenger Transportation Services

Airbus softens output goal amid Pratt & Whitney engine delays

'Airbus' lowered its main jet production goal?on Thursday citing "significant shortages of engines" from one of its main suppliers, RTX unit Pratt & Whitney. During the same time, it reported a 17% increase in core fourth-quarter profit. The largest planemaker in the world now targets an output rate for narrowbody jets of 70 to 75 per month by the end next year. This will stabilize at 75?per month after 2027. It predicted that the monthly rate would increase to?75 by 2027 from 60 currently. Airbus and engine maker Pratt & Whitney have been at odds over delays for several months....

Passenger Transportation Services

Europe attracts Chinese and Indian tourists to replace American tourists

Chinese and Indian tourists are'set to' make up for any potential slowdown of growth in U.S. travelers to Europe this coming year, according data released on Wednesday by the European Travel Commission. International arrivals into the continent will rise by 6.2%. The first signs of a slowdown are the strong U.S. Dollar and the economic resilience in North America. A study by the European Travel Commission, an industry group, showed that Americans are less interested in travelling to Europe than they were in 2025. This trend is driven by geopolitical instabilities and worsening economic conditions. Travellers from the Americas are...

Passenger Transportation Services

Survey shows that Europe is losing its hold on American travellers and wooing Chinese and Indian travellers.

According to a study published by the European Travel Commission on Wednesday, Chinese and Indian tourists will'make up' for any potential slowdown of growth by U.S. travelers to Europe in this year. International arrivals are expected to increase by 6.2%. The strong dollar and the economic strength in North America are driving the slowdown of the boom in American travel to Europe after the pandemic. A study by the European Travel Commission, an industry group, showed that Americans are less likely to travel to Europe in 2026 than they were in 2025. This trend is driven by geopolitical instabilities and...

Passenger Transportation Services

Rolls-Royce engine dispute casts doubt on United's A350 order

United Airlines has revealed a dispute between the engine manufacturer Rolls-Royce and its long-delayed Airbus A350 purchase. This is 'the latest twist in a long-running saga of jet procurement. The A350 order dates back to 2009, one year before United Airlines merged with Continental Airlines. Continental Airlines was a Boeing champion and had exclusive ties with Boeing. The A350 contract was restructured later, but it has been deferred and changed numerous times. In a filing to the regulatory authorities late Thursday night, the airline stated that it was in dispute with the engine manufacturer Rolls-Royce, and did not give investors...

Passenger Ground & Sea Transportation

Passenger Ground & Sea Transportation

Dutch court rules that Uber drivers are self-employed

By Charlotte Van Campenhout AMSTERDAM - On Tuesday, a Dutch court overturned a ruling from 2021 that classified all Uber drivers as employers, and stated that each driver 'can be treated independently entrepreneurs. The Amsterdam court said that six drivers who joined the ride-sharing company in its appeal were self-employed and not employees. This is because they invested in their vehicles, had the freedom to decide their working hours, and could accept or refuse rides. Uber's spokesperson stated that the ruling was a "clear victory" for thousands of Dutch drivers who have fought to protect their status as "independent workers"...

Passenger Ground & Sea Transportation

KLM runs out of deicing fluid in Amsterdam

Dutch airline KLM announced on Tuesday that they were running out of fluid to remove the ice from planes at Amsterdam's Schiphol Airport where cold weather had caused thousands of flight cancellations in the last five days. KLM's 25 de-icing vehicles have been continuously in use at its Amsterdam hub. They consume around 85,000 litres of heated water?and glycol per day to clear away snow and ice from departing aircraft before takeoff. The Dutch airline Air France-KLM announced that since Friday, KLM has de-iced aircraft at Schiphol round-the-clock using de-icing liquid delivered daily. Stock levels are low due to extreme...

Passenger Ground & Sea Transportation

Travel chaos caused by power failure in the Channel Tunnel

A power failure caused the suspension of train services in the Channel Tunnel, which connects Britain with continental Europe. This has created chaos during peak travel times for winter holidays. A fault in overhead power supply caused a 'disruption' that disrupted plans for thousands of?passengers? in London, Paris and Amsterdam, during the busiest week of travel of the year. Eurostar, the high-speed rail operator, posted a statement at 1530 GMT on its website stating that the tunnel of 50 km (31 miles) was partially reopened. Services were gradually resumed. It warned passengers, however, that the fault continued. Eurostar said that...

Transportation

Logistics

Logistics

Aberdeen votes against InPost's $9.2 billion takeover by FedEx

The British money manager Aberdeen will vote against a proposed 7,8?billion euros ($9.25 billion),?takeover by a consortium led?by FedEx of the parcel locker company?InPost, claiming that the offer undervalues it materially. According to LSEG 'data, the firm holds a 0.2% share in InPost. It urged InPost to reconsider its support for the "unjustifiably" low 15.60 euros cash offer per share. According to an excerpt from a letter, Matthew Peacock is a research analyst with Aberdeen Investments. He said that the offer was opportunistic and aimed to exploit a temporary drop in the share price to the detriment of long-term shareholders....

Logistics

Bpost avoids fine in Belgian newspaper distribution procurement case

Belgian postal operator Bpost, publishers DPG Media, Mediahuis and distributor PPP were 'held liable' for rigging public procurements for newspaper distribution, said the Belgian Competition Watchdog on Friday. Bpost, who had notified the authorities following an internal audit in 2022 that revealed signs of malpractice, would receive full immunity from any fines as part of a leniency program, said the regulator. The investigation cost Dirk Tirez, the then-CEO of the postal group, his job. In a press release, the regulator stated that the common goal of the companies was to make sure that bpost would receive the newspaper distribution concession...

Logistics

Bpost avoids fine in Belgian newspaper distribution procurement case

Belgian postal operators Bpost and DPG Media, as well as Mediahuis, were 'held liable' for rigging public procurements?for distribution of newspapers. This was announced by the Belgian competition watchdog on Friday. Bpost, who had notified the authorities following an internal audit in 2022 that revealed signs of malpractice will be exempt from all fines as part of a leniency program, according to the regulator. Dirk Tirez's job was ultimately cost by the investigation. The regulator stated in a?press?release that the common?objective was for the companies to work together in order to make sure that bpost would be awarded the 2023-2027...

Logistics

FedEx and Advent-led consortium will buy parcel locker company InPost for $9.2 billion.

The companies announced on Monday that a consortium led by FedEx investors and InPost investors had agreed to purchase the parcel locker business in a deal worth 7.8 billion euros ($9.2 billion). This will allow InPost to expand its reach throughout Europe, while giving FedEx the opportunity to access the locker network. The 15.60 euro offer price per share is a 17% premium over InPost's Friday closing price, but below InPost 2021 IPO's 16 euros. The Amsterdam-listed shares opened at a 14% increase, trading at highs of May 2025. Hein Pretorius is the chair of InPost’s supervisory board. He told...

Logistics

Wall Street Journal, February 9,

These are the most popular stories from the Wall Street Journal. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. A consortium consisting of the U.S. private equity firm Advent International, the logistics company FedEx and investment companies A&R & PPF have agreed to buy Polish parcel delivery provider InPost. The deal is worth $9.22 billion. Innovent Biologics, a Chinese drugmaker, has partnered with Eli Lilly to develop a new treatment that could earn?upwards of $8.5 billion through milestone payments. - Grocery giant Kroger is planning to hire Greg Foran as its new chief executive....

Logistics

InPost reports 30% rise in fourth-quarter parcel volumes

InPost, a parcel?locker provider, reported on Wednesday that its fourth-quarter delivery volumes rose by a record?30% compared to the previous year. The company said that the growth was due to a strong business-to consumer growth, and momentum on its international markets. This was supported by strategic acquisitions made in Britain and Spain. InPost?also?said a special comittee continues to evaluate the?indicative?offer for all of its shares that it received from a?party unnamed, as announced on?6th January. The company reported that in Poland, the fourth-quarter volume rose by 5%, reaching a record high of 220.2 millions parcels. This was largely due to...

Logistics

European shares continue to rise after record-breaking rally, despite tensions

European shares rose?on?Tuesday, with indexes from Germany and Spain reaching record highs. Investors were confident about the economy despite increasing geopolitical tensions. STOXX 600, the pan-European stock index, ended 2018 with its biggest gain since 2021. This was largely due to falling interest rates and increased defence spending. Analysts say that while returns this year may not be as great, there is still room for growth. Matthew Sherwood is a senior global economist with Economist Intelligence Unit. There's still a cautious optimism. There are also things in motion that support growth. Goldman Sachs increased its 12-month target price for the...

Logistics

InPost shares soar after a group announces an acquisition proposal

InPost, a parcel locker company, said that it received a proposal on Tuesday for the potential acquisition of its entire shares. This pushed its share price sharply upwards. InPost declined to disclose the identity of the person who approached them, and said that it was not certain that the proposal would lead to a deal. The spokesperson for the company declined to comment. The company has never publicly stated that it was looking for a purchaser. InPost shares were up 16% as of 0823 GMT,? bringing the market value to approximately 6.7 billion euro ($7.86billion). On Monday, the company's stock...

Logistics

European shares continue to rise after record rally

The European stock market remained stable on Tuesday after a strong surge in the previous session. Higher precious metal prices lifted stocks of basic resources. The rally has remained resilient, as investors continue to rely upon expectations of economic strength despite increasing geopolitical tensions after U.S. attacks on Venezuela. The pan-European STOXX 600 index has gained 0.3% by 0814 GMT. This is a day after gains from defence and energy shares have propelled the index past 600 points for the first time. The index of basic resources rose by 1%, due to the higher price of precious metals. The?DAX in...

Logistics

Onley, a Scottish cyclist, signs with INEOS Grenadiers

The British team announced on Tuesday that Scottish rider Oscar Onley would join INEOS Grenadiers at the start of the?2026 season, after he had agreed to a transfer from Dutch outfit Picnic 'PostNL. The Kelso 23-year old has been one of the brightest cycling talents since turning pro at 19. He underlined his potential with a 4th-place finish in this year's tour de France, the youngest rider among the top 10. Onley stated in a press release that he was "proud" to join the Grenadiers for a long time. It will also be a British team that races when the...

Logistics

How the EU intends to crackdown on low-value ecommerce goods from China

The European Finance Ministers agreed to move forward the customs duty on low-value parcels until next year to combat cheap Chinese ecommerce imports through online platforms such as Shein and Temu. The European Union has taken action to address the concerns of Europe about cheap imports from e-commerce. What is the problem? For parcels of e-commerce arriving in the EU, there is a "de minimis exemption" from customs duties. Customs exemptions allow online platforms such as Shein, Temu and AliExpress to deliver clothes, accessories, and gadgets directly from Chinese factories to consumers at a rock-bottom price. Last year, the number...

Logistics

InPost, a parcel locker company, trims its annual earnings forecast

InPost, a Polish parcel locker company, reported on Friday a 24% increase in its core earnings for the third quarter. However, it lowered its expectations for the full year citing increased investments in Britain. Analysts had expected a quarterly adjusted earnings of 1.02 billion zlotys, or $291 million. InPost now expects to see its adjusted EBITDA grow by a midteens percentage, as opposed to its previous forecast of a low to midtwenties percent growth. The forecasts of annual group revenue and volume remained unchanged. In the third quarter of 2018, the company delivered 351,5 million parcels. This is a 34%...