The risk sentiment was boosted on Thursday by a drop in?oil and a pause?in the global debt selloff following the?U.S. The Federal Reserve announced a much-anticipated interest rate increase. Most regional stock exchanges followed suit. The pan-European STOXX 600 index rose 0.5% by 830 GMT to 640.21. Germany's DAX rose 0.5%. Travel stocks led the way, rising 0.8% on the back of a decline in oil prices. Airlines like Ryanair and Lufthansa also saw gains, increasing by 1.1% and 1,2% respectively. Shares of BMW, Renault, and Volkswagen each rose around 1%. Brent crude futures remain above $100, but crude prices...

Ukrzaliznytsia, the Ukrainian state railway operator, said 'on Thursday that Russia had damaged a bridge in Odesa, affecting Ukraine's ability to transport grain into its Danube river ports. The company didn't say how badly damaged the bridge was or when it happened. Russia has been attacking it almost weekly since the beginning of the war. After Russian attacks, 90% of Ukraine's exports were handled by Black Sea?ports. Ukraine operates three river port?on the Danube. Cargo can be delivered either via the damaged bridge or through Moldova, which has limited transit capacity. Ukrzaliznytsia reports that around 3,000 grain wagons currently heading...

Indonesian rescuers will try to right the passenger ship which capsized in the Java Sea at the weekend. Strong?currents, big waves and persistent?currents prevent them from doing an underwater search of the overturned vessel for the 129 missing people. The 'Virgo -Transport 8' was carrying 243 passengers on a 20 hour voyage from Surabaya, East Java, to Banjarmasin, South Kalimantan. It capsized early Sunday morning due to bad weather. Six people were killed and 108 survived, a number that has not changed since the Sunday incident. Mohammad Syafii, chief of the national rescue agency, told a late-night press conference that...

Robert Isom, CEO of American Airlines, said that high fuel prices may force the airline to reduce capacity despite the fact that strong demand and increased revenue have offset the cost. Isom, speaking at a Morgan Stanley Conference, said that he was "really happy" with American's forecasted revenue growth of between 16% and 19% for the third quarter. He also predicted that the majority of recent revenue gains would be durable. Comments from the airline industry highlight the pressure that is being placed on them as another increase in fuel prices will test how much the increased cost can be...

Flydubai, the airline of Dubai, expects to return to full capacity before the end of the year. This is as airlines 'across the region' recover from the impact of the Iran War. Ghaith al Ghaith, CEO of Arabian Travel Market, said to the media that by the end of the year, "we will go back to 100 percent, and maybe even more, because we'll be getting more planes." Ghaith said that Flydubai, Emirates sister airline, operates at 85% of its current network capacity. Its load factor (which measures how well a?airline fills available seats) is "good". Flights in the Middle...

On Wednesday, Prime Minister Andris Kulbergs announced that a U.S. judge had 'accepted' the request of Latvian carrier airBaltic to restructure its debt and enter Chapter 11 under U.S. bankruptcy law. This means that airBaltic can: immediately access funding; begin the restructuring; and review its obligations to creditors. "Work continues,"?Kulbergs stated in a social media X post. The?airline didn't immediately respond to a?request for comment. AirBaltic, which is majority owned by the Latvian Government, filed for Chapter '11 protection on Monday in order to 'cut its debt pile after the Iran War increased financial pressure. The company said that it...

According to two documents and officials, a number of agreements are expected to be announced by U.S. and Vietnamese corporations next week, involving energy, technology, aviation, and financial firms, as?Vietnam leader To Lam visits New York. Vietnam has been negotiating commercial agreements for months, most of which will be non-binding. This is part of its strategy to appease Washington, as the Trump administration threatens new tariffs against the Southeast Asian nation that relies heavily on exports. A note of internal planning lists 29 agreements which could be announced in New York on 23 September at a conference attended by To...

Families of 129 missing people are becoming more frustrated and desperate as the search and rescue operations continue to be hampered by persistent bad weather, heavy seas, and heavy seas. The Virgo 'Transport?8' was carrying 243 passengers on a voyage of 20 hours from Surabaya, East Java, to Banjarmasin, South Kalimantan. It capsized early Sunday morning in bad weather. The official death toll on Wednesday was six, with 108 people rescued, and 129 still unaccounted for. This number has not changed since Sunday. "I hope that we will use our advanced military equipment. We buy them to help the people,...

Four people with knowledge of the matter claim that Boeing is nearing the completion of a delayed order to purchase 150 737 MAX aircraft after Turkish Airlines threatened to walk away from a high-profile contract over a dispute with engine manufacturer CFM. Three people have confirmed that the deal is now on track and could be signed as soon as next week. The agreement, which was part of a package containing 225 jets, had been delayed by a disagreement regarding the airline's demand for a industrial deal on maintenance of engine. Boeing and GE Aerospace's and France Safran's joint-ownership of...

A senior executive said on Tuesday that Emirates is well-prepared to deal with higher fuel prices and is trying to avoid passing on the rising costs to its customers. This is as airlines struggle to cope with the impact the Iran War has had on the fuel market. Adnan Kazim, the airline's chief commercial officer and deputy president, said in an interview that the company's position is "half protected and half open" to the market. He?added, "We are reducing the price as much as we can today due to the high costs of operation." Travel was disrupted earlier this year...

Aena, the airport operator, reported that 34.9 million passengers travelled through its Spanish 'airports' in August. This is 4.7% more than in a similar month last year. The growing number of tourists in Spain is a testament to its resilience, even as the airline industry struggles with geopolitical instability and labour shortages. * The number of passengers in the first eight months of 2026 was 225.5 million. This is 4.1% more than one year earlier * Adolfo Suarez-Barajas Airport in Madrid remained the busiest airport of Spain. Josep Tarradellas Barcelona El Prat?and Palma de Mallorca followed. * The number of...

Rizky Apriliansyah, who was sleeping on the top deck of the Virgo transport 8, the ferry which capsized in 'Indonesia Java Sea on a saturday morning, was woken up by friends at 1 a.m. to urge him to get a life jacket. Rizky said that the ship was already pointing roughly 30 degrees left at the time. He and his friends fled their room in panic. Rizky was a waiter aboard the vessel and recalled waves of up to 3-4 metres hitting it multiple times. This caused the ship to list even more. He said that no alarm had been...