Transport Infrastructure

Passenger Transportation Services

Passenger Transportation Services

As pilots and cabin crew walkout, hundreds of Lufthansa flight are cancelled

On Thursday, hundreds of Lufthansa flight cancellations were made as 'pilots and attendants' went on strike. According to the company, the industrial action over pensions and other grievances caused about 800 flights to be canceled, disrupting travel plans for approximately 100,000 passengers. The company stated that this "affects our customers extremely harshly and in a disproportionate manner". It added that they expect a return to the 'normal' schedule on Friday. The departure boards in Frankfurt and Munich show that most Lufthansa flight cancellations for the day have been made, including many overseas destinations. STRIKES Called as FILM FEST and SECURITY...

Passenger Transportation Services

Sources say that CFM, the maker of jet engines, is working on a plan B to reduce fuel consumption.

Industry sources claim that the French-US jet engine manufacturer CFM is evaluating a "more conventional" "advanced-ducted" engine design, alongside its preferred option for a radical open fan concept. The industry is debating fuel-savings as well as reducing emissions. The'venture' co-owned by GE Aerospace, France and Safran, has been promoting an open-rotor, with a large fan exposed instead of a conventional casing, for the next generation of Airbus and Boeing aircraft. This would "generate fuel savings and emissions reductions of 20% in a well-publicised research program called RISE. It is also examining a design that would contain the fan inside a...

Passenger Transportation Services

American Airlines unions increase pressure on the board due to lagging profits

American Airlines has been lagging behind Delta Air Lines and United Airlines in terms of profitability for years. The unions of American Airlines are now turning this gap into an issue of governance, pressing directors to be accountable at the top. The tensions have escalated in recent days. The pilots' association has urged the board of American Airlines to take "decisive actions" and requested a board meeting. Meanwhile, the flight attendants union issued a vote of no confidence in Robert Isom, the Chief Executive Officer, and demanded a leadership change. Labor groups making public calls for a change in leadership...

Passenger Transportation Services

As pilots and cabin crew walkout, hundreds of Lufthansa flight are cancelled

On Thursday, hundreds of Lufthansa flight were cancelled as pilots and?flight attendants went on strike at Germany's biggest airline. The company has been struggling for years to reduce?costs in its?core brand. The company initially did not provide the number of passengers and connections affected, but stated that "extensive cancellations" are a result of the strike. ADV, the German airport association, estimates that 460 flights are cancelled and almost 70,000 passengers will be affected. The departure boards of Frankfurt and Munich, Lufthansa’s German hubs, showed that most flights had been cancelled, including those to overseas destinations. Lufthansa had earlier stated that...

Passenger Transportation Services

EU court advisor says Dublin airport could set a passenger limit due to capacity issues.

Dublin Airport may set a 32 million cap on passengers to 'tackle capacity problems,' said a 'European top court' adviser on Thursday. The introduction of the 'passenger limit' in 2007 as a way to reduce local traffic congestion following the approval of a second terminal sparked a debate on how Dublin Airport allocates its limited take-off and land slots. A court in Ireland then consulted the Luxembourg-based Court if Justice of the European Union (CJEU), to determine whether the passenger limits were compliant with EU legislation on airport slots, and who was allowed to decide how many flights operate and...

Passenger Transportation Services

Chinese tourists extend Lunar New Year holiday to Russia and Thailand

Travel agencies report that more Chinese tourists will?travel abroad during the extra-long Lunar New Year holiday next week, with top destinations including Russia, Australia,?Thailand, and South Korea. However, Japan has lost its shine. The Lunar New Year or Spring Festival is one of China’s longest holidays. It runs for nine days from February 15 this year, which is a day more than usual. This marks the beginning of the Year of the Horse according to the Chinese zodiac. Families from all over the world and in the United States gather to celebrate this holiday. This boosts spending at restaurants, cinemas,...

Passenger Transportation Services

El Paso flights resume after US anti-drone system prompts sudden shutdown

After U.S. aviation officials expressed grave concerns over?the safety? of commercial air traffic, the Trump administration banned air traffic for more than seven hours into and out of El Paso in Texas. Overnight, the Federal Aviation Administration abruptly closed?the nation’s 71st most-used airport. This left air travelers stranded and disrupted medical evacuation flights. FAA originally said that the airport would be closed for 10 days due to "special security" reasons. This would have been a first-ever action by a single airport. The FAA, according to anonymous government and airline officials, closed the airspace because of concerns that a laser-based Army...

Passenger Transportation Services

Boeing's supply chain gains quality in significant ways

Boeing's commercial aircraft supply chain has improved in quality over the last two years, according to a Boeing executive on Wednesday. Boeing will spend 40% less time fixing supply chain problems in 2024 than it does now, Ihssane Mounir said at the Pacific Northwest Aerospace &?Alliance Supplier Conference outside Seattle. Since 2024 when Boeing increased quality control checks at Spirit AeroSystems (which makes the 737 fuselages) defects have decreased by 60%. Spirit?was both the manufacturer and installer of a 737 MAX wing door plug which blew out in mid-air on an Alaska Airlines Flight early in 2024. This led the...

Passenger Transportation Services

US companies face widening income gap as wealthy spend and budget shoppers struggle

The consumer economy in America is moving in opposite directions. This gulf in opinion is becoming more apparent among C-suite executives. Premium?brands are benefiting from wealthy customers, while value-focused companies struggle to compete with cash-strapped families. The results of companies such as Ralph Lauren, Tabby, Tapestry handbags, American Express and airlines like United and Delta exceeded expectations for the latest?quarter?. Their affluent consumers spend freely on high-margin products and services. PepsiCo has also reported that Kraft Heinz, PayPal, and PepsiCo are all under pressure from consumers who want to save money and stretch their budgets. The dynamics reflect a deeper...

Passenger Transportation Services

Lufthansa: Thursday's pilots strike was an unnecessary escalation

Lufthansa, a German airline, has criticised the unions over a planned walkout on Thursday. It said that it had no financial flexibility to meet their demands. German pilots’?union VC called a 24-hour walkout?on Friday?at Lufthansa’s main airline and freight division LufthansaCargo over pensions. The strike could affect up to tens thousands of passengers. It is also a sign that Lufthansa has been in conflict with unions for a long time, as it tries to "cut costs" and become more profitably. Michael Niggemann, the head of human resources at Niggemann Human Resources on Wednesday said that the conflict can only be...

Transportation

Fuel crisis forces Russia to suspend its airline operations and fly tourists out of Cuba

Rosaviatsia, the aviation regulator in Russia, said that Russia will 'fly its tourists out of Cuba within the next few days and then suspend all flights till a jet-fuel shortage subsides. Both airlines have said that they will only operate passenger flights in order to bring tourists home from Cuba. The?administration of U.S. president Donald Trump has declared Cuba a "unusual and exceptional threat" to U.S. security, and announced that the communist-run Island will no longer be receiving oil from Venezuela. Washington has threatened?impose tariffs on other fuel suppliers like Mexico if they continue to supply fuel to the island....

Passenger Transportation Services

Frontier's outlook for 2026 points to a potential profit from deep cost reductions

Frontier Group, the parent company of Frontier Airlines, issued a forecast on Wednesday that indicated a potential profit for '19, while analysts expected a loss. It is betting on tighter cost controls. The shares of the airline?rose by 4.4% during early trading after it announced it would cancel certain aircraft leases and delay deliveries of some jets in order to reduce capacity and conserve cash. According to the airline, a range of losses ranging from 40 cents to 50 cents per a share in 2026, adjusted, was forecast, with a 5 cent profit at the midpoint. According to data compiled...

Ground Transportation

Ground Freight

Amtrak, the US passenger rail company, sets a record for ridership and cuts losses

Amtrak, the U.S. passenger rail company, said Tuesday that it had set records for revenue and ridership in a single year. It also cut its losses by 15 percent to $598 millions and is aiming for profitability by 2028. Amtrak is a major effort in rehabilitating the infrastructure of the Northeast corridor between Boston, Massachusetts and Washington. It is expanding service throughout the United States by purchasing new Acela trains with higher speeds and replacing regional trains from next year. Amtrak reported that in the twelve months ending September 30, it had 34,5 million trips made by customers, an increase...

Transportation

Whaleboat sinks into river in Congo, killing at least 107 people

According to a government internal report viewed by us on Friday, at least 107 people died when a whaleboat caught blaze in the west of Democratic Republic of Congo. In a memo, the Ministry of Social Affairs stated that 146 people were missing after the boat, which was a narrow double-ended open vessel, caught fire near Malange Village in Lukolela Territory on Thursday night. The note stated that rescue teams recovered 209 survivors after the vessel burnt and drifted downriver. The fire destroyed the cargo and 15 riverside houses. The search operations continued Friday, with community volunteers and naval personnel...

Ground Transportation

As inventories shrink, premiums for copper contracts on the nearby LME soar.

The premiums for copper contracts near London Metal Exchange have increased to their highest level since October 2022 due to low inventories, large cash contracts and warrants held by traders. The title document that confers ownership on metal is a warrant. Tom-next, also known as the premium or backwardation that is charged for purchasing copper tomorrow and then selling it the next day, is currently trading at above The price of a metric tonne is $48. This compares to a $2 discount at the beginning of the week. The premium for the cash Copper Contract over the Three-Month Forward It...

Passenger Ground & Sea Transportation