Transport Infrastructure

Passenger Transportation Services

Passenger Transportation Services

Airlines cancel flights following US and Israel attacks on Iran

Global Airlines cancelled flights in the Middle East Saturday after the United States and Israel launched airstrikes against Iran, causing the region to plunge into a new conflict. Flightradar24's maps showed that the airspace above Iran and Iraq was empty on Saturday morning. The following is a list of the most recent flights by alphabetical order. AIR FRANCE KLM Air France has cancelled all flights from and to Tel Aviv, Israel and Beirut, Lebanon on Saturday. KLM has 'advanced the suspension of their Amsterdam-Tel Aviv services, cancelling the scheduled flight for Saturday. Air France-KLM's Dutch branch announced on Wednesday the...

Passenger Transportation Services

Delta Orders 34 More Airbus A321neo Jets as part of Fleet Renewal Push

Delta Air Lines announced on Friday that it will purchase 34 more Airbus A321neo aircraft as part of a plan to refresh its fleet by purchasing 'aircraft' that burn less fuel and have more premium seats. In 2029, the new planes will be arriving. Delta now has 189 A321neo aircraft on order. Delta already operates 92 A321neo aircraft and has 97 others on order. The airline has options on another 36. This is the third aircraft deal announced by the Atlanta-based carrier this year. In January, the airline ordered 30 Boeing 787-10 jets and then later added an order for...

Passenger Transportation Services

British Airways owner IAG exceeds profit expectations as premium demand boosts earnings

IAG, the owner of British Airways, reported on Friday a 'better-than-expected' annual profit, as it was able to benefit from lower fuel costs and resilience in its transatlantic core routes, especially for its premium services. European airlines are riding a strong premium demand across North Atlantic. This is a major?profit generator, while U.S. economy fares have softened. This trend is mirrored by the industry as affluent travelers continue to spend. Price-sensitive travellers are pulling back on their travels amid uncertainty over tariffs and changing demand signals in the United States. Lufthansa and Air France-KLM have both increased their premium product...

Passenger Transportation Services

German rail operator and the union reach wage agreements, averting strike

The GDL train driver's?union and Germany's Deutsche Bahn 'have reached a wage deal' on Friday. This has prevented'strikes' that had threatened to disrupt passenger and freight transportation at a critical time for the state-owned railway operator. GDL confirmed the deal early on Friday morning, saying that details would be released later in the day. The breakthrough was also confirmed by Deutsche Bahn, after months of heated negotiations?over wages and working conditions for the?10,000 employees covered by union contracts. The GDL has a list of 40 demands. These include an increase in wages of up to 8% overall, better allowances for...

Passenger Transportation Services

FAA closes Fort Hancock airspace after accidental use of antidrone laser

The Federal Aviation Administration (FAA) banned flights in an area around Fort Hancock on Thursday after lawmakers claimed that a military laser anti-drone system was used by the Pentagon to accidentally shoot down a U.S. Government drone. The FAA did not comment immediately, nor did the Pentagon. However, the FAA's notice regarding the restrictions of the airspace near Mexico border cited "special reasons for security". U.S. U.S. According to Congressional aides, the Pentagon is believed to have accidentally shot down the CBP drone near the Mexican border. This area is prone to incursions from Mexican drones that are used by...

Passenger Transportation Services

NTSB: House bill fails to provide adequate advice on mid-air collisions

The National Transportation Safety 'Board stated on Thursday that a proposed U.S. Congressional aviation safety bill fails to address the safety recommendations they issued?after a mid-air collision in 2025 near Washington killed 67 people. The NTSB said that the House's ALERT Act does not address its recommendation for requiring aircraft tracking technology, also known as ADSB. The NTSB stated that ADS-B could have prevented a collision between an American Airlines regional plane and an Army Black Hawk in 2025, which occurred near the nation's capitol. House Transportation Committee chair?Sam Graves announced on Wednesday that the ALERT Act would be taken...

Passenger Transportation Services

White House official promises 'new interest in the airline industry' after flight woes

James Blair, the Deputy Chief of Staff at the White House, vowed to show a "new level of interest" on Thursday in?the United States. After he and wife had issues with separate American Airlines flights, Blair vowed to take a "new interest" in the aviation industry. "Today, American Airlines delayed?me 2.5 hours because someone failed notice empty hydraulic liquid before it was time for the plane to go down to the runway. Blair told X that yesterday, it was apparent that they forgot to book a pilot for my wife's trip. "I am going to develop a new interest for...

Passenger Transportation Services

Brazil's Monetary Council expands airline access to the Public Aviation Fund

The Brazilian 'National Monetary Council' (CMN) announced on Thursday that it would?loosen the conditions of loans given to airlines backed up by the FNAC, a fund funded by a public entity?expected to release 778.66 millions reais in 2026. The Council is the top economic policy-making body of the country and is composed of three members: Finance Minister, Planning and Budget Minister, and Central Bank Chief. Brazil's Finance Ministry said that the changes include expanding airlines' access to FNAC for services like training pilots and aviation workers, rather than using it for only domestically produced aircraft and components. In a statement,...

Passenger Transportation Services

Virgin Australia's half-year profits exceed estimates on the back of strong demand for holidays

Virgin 'Australia posted a 20.7% increase in underlying profit for the 'half-year period' on?Friday. This was a better result than expected due to strong customer demand, and its transformation program. Australia's second largest airline reported an underlying net profit of A$278.7?million ($198.07?million) for the six-month period ended December 31. This was higher than Visible Alpha's consensus estimate of A$261.1 million and A$230.9?million a year ago. The company's airline division benefited from the strong domestic demand that occurred during the holiday period, and the progress made in the transformation program of the group has yielded more than A$200 millions in gross...

Passenger Transportation Services

Bombardier CEO: Bombardier can boost business jet sales to India in the long term

Chief executive officer?Eric Martel stated on Thursday that?India's efforts to upgrade its aviation infrastructure?will give Canada’s Bombardier an opportunity to increase?sales?of business -jets?there. Martel told reporters at Montreal that Bombardier operates around 60 jets in India. He added that the lack of infrastructure is a challenge for the company. The good news is they are spending a great deal of money right now. As far as I'm aware, they are building at least a dozen airports. "The infrastructure (investment), which will be taking place in the next few decades, will certainly 'open doors for us to grow. Mark Carney, the...

Passenger Transportation Services

Air France and others are not allowed to fight EU cargo cartel fines by the EU's top court

Air France KLM and British Airways, along with their peers, lost the fight on Thursday against EU cartel penalties totaling 776 million euros ($916 millions). This ended a saga that spanned more than two decades. The Court of Justice of the European Union, based in Luxembourg, ruled Thursday that the European Commission had the right to punish airlines who created and ran an air cargo cartel. The Court of Justice has rejected almost all of arguments presented by airlines. The Luxembourg-based court stated that only the appeal filed by SAS Cargo Group was upheld in part, due to errors made...

Passenger Transportation Services

Air France and others are not allowed to fight EU cargo cartel fines by the EU's top court

The European Court of Justice rejected on Thursday Air France KLM and British Airways, as well as almost all their competitors in their battle against fines totaling 776 million Euros that were imposed by the EU antitrust regulators nine years ago. The Court of Justice has rejected almost all of arguments presented by the airlines. The court in Luxembourg said that only the appeal filed by the SAS Cargo Group was partially upheld, due to 'errors committed by the General Court when calculating the fine imposed by this airline. In 2017, the European Commission - which is the EU's competition...

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