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Asia

North America

Passenger Transportation Services

Gol, a Brazilian airline, will launch new long-haul routes out of Rio using the A330.

Gol's Chief executive announced that the Brazilian airline will be using Rio de Janeiro's Galeao International Airport as its hub to receive the new Airbus A330 900 aircraft joining the fleet. Gol operated Boeing 737s exclusively until now. Celso Ferer, Gol's CEO, said that the new aircraft will be followed by a new route direct between Rio and New York beginning in July. He made this statement at an event in Galeao with Brazil's president Luiz inacio Lula. The firm released a statement later that said, "The merger between two 'key tourism and business centers in South and North America...

Passenger Transportation Services

Pentagon and FAA will conduct tests on high-energy laser anti-drone system in New Mexico

The Pentagon announced on Friday that it would 'conduct tests with the Federal Aviation Administration in New Mexico this weekend of high-energy lasers used to combat threatening drones. The Pentagon stated that "this upcoming event will address FAA safety concerns, while gathering data on the material effects of lasers on aircraft surrogates. It will also validate the functionality and safety shutoff systems for automated safety, as well as inform analyses to ensure the safety of aircrews' eyes." On February 25, the U.S. Military erroneously shot down a government-owned drone using a laser-based system. The 'FAA expanded the area around Fort...

Passenger Transportation Services

Bloomberg News reports that Boeing is close to a 500-jet order with the Trump-Xi Summit.

Bloomberg 'News, citing sources familiar with the situation, reported that Boeing is close to announcing a 500 aircraft order for 737 Max Jets. This will be announced when U.S. president Donald Trump makes his first state visit to China in 2017. According to the report, both sides are in negotiations for a widebody deal that would include 'about 100 Boeing 787 Dreamliner and 777X jets. Boeing did not respond immediately to a comment request. In afternoon trading, shares of the company rose 3.7%. Trump will visit China between March 31 and April 2. Xi is expected to visit Washington in...

Passenger Transportation Services

CNBC reports that United Airlines is suffering from the fuel price spike caused by the conflict in Iran.

CNBC reported that United Airlines CEO Scott Kirby expects to see a "meaningful impact" on the carrier's results in its first quarter due to the soaring fuel prices following a deterioration of the?war? in Iran. However, travel demand is still strong, CNBC said. The report stated that if the conflict continues, the airline may also see an impact on the second quarter. Kirby said this at a Thursday event held by a university. The price of jet fuel has risen 15% over the last week. This is adding pressure to an airline industry that's already been hit hard by the...

Passenger Transportation Services

As the conflict in the Gulf with Iran intensifies, private jets are emerging as an alternative means of escape.

Samuel Lait, who launched his pet-travel private flight firm in Dubai on Saturday, expected to receive inquiries from pet owners wanting to travel between the glitzy Gulf hub of Dubai and the United Kingdom. PetX Jets is flooded with requests from passengers of all ages - from pregnant couples to young adults - who want to leave the United Arab Emirates. Conflict has engulfed the region, forcing many countries to shut down their airspace, leaving tens or thousands stranded. U.S. and Israeli campaign against Iran entered the seventh day of its seven-day run on Friday. It threatens to escalate outside...

Transport Infrastructure

As the Iran conflict intensifies, maritime insurance premiums are on the rise

As the conflict in the 'Gulf escalates, premiums on maritime insurance for war coverage have risen -- some by over 1000% -- causing a dramatic increase in the cost of transporting energy along a vital maritime corridor. The conflict sparked Saturday by Israeli and U.S. airstrikes against Tehran has paralyzed shipping through the Strait of Hormuz. Iran said on Monday that it would shoot at any ship that tried to pass through the Strait of Hormuz. At least nine vessels in the area have been damaged since the conflict began. Ship owners can claim for any damage their vessel or...

Passenger Transportation Services

Sources say that the FAA is seeking to reduce flights at Chicago O'Hare Airport.

Sources told?that the Federal Aviation Administration has informed airlines that it plans to 'cut' a few hundred extra daily flights from Chicago O'Hare Airport 'this summer compared to what was originally outlined?last week. Sources told?that the Federal Aviation Administration has informed airlines that it wants to?cut a few hundred additional daily flights at Chicago O'Hare airport?this summer over what was outlined?? last week. The FAA announced a limit of 2,800 flights per day last week. This is down from the 3,080 operations per day that were planned for summer but still above the 2,680 flights per days in the previous...

Transportation

US approves Wizz Air's application to fly between the UK and US

The U.S. The 'U.S. Transportation Department granted tentative approval on Thursday for Wizz Air, a budget airline that operates flights between the UK and 'U.S. The UK subsidiary of Wizz Holdings applied for a foreign carrier permit in January to begin operating flights between the UK and the US "as quickly as possible." USDOT announced that it had tentatively approved the application but would give opponents 21 days to submit objections, which it will then consider before making a decision. Wizz Air UK has requested permission to launch passenger services under the 2020 Air Transport Agreement, also known as the...

Transport Infrastructure

Travel and airline groups warn about risks to air travel as partial shutdown continues

Major?U.S. Airlines and travel groups warned Thursday that a partial government shutdown would snarl the air traffic just as spring break, a busy season for U.S. travelers, approaches. The funding for the Department of Homeland Security lapsed in February after Congress failed reach an agreement on immigration enforcement reforms requested by Democrats. This halted funding for several government departments, including the Transportation Security Administration. Around 50,000 TSA airport screeners work without pay. As the'shutdown' continues, more workers may be unable to or unwilling to report to work due to financial hardship. Chris Sununu is the CEO of Airlines for America,...

Passenger Transportation Services

US House Committee wants travel companies to provide answers on AI pricing

The chairman of the U.S. House Oversight Committee asked the CEOs?of?five major companies, including Uber, Lyft, and?Expedia? on Thursday to disclose whether they used surveillance pricing of customers to increase costs. In letters to companies, Republican Chair James Comer expressed concern that the use of highly personalized consumer data and the growth of surveillance pricing algorithms could create opportunities for companies to "weaponize personal data" and increase their profits at the expense providing transparency to consumers. Surveillance Pricing is a pricing strategy that uses a consumer's data, such as their browsing history, location, and shopping habits, to set individualized algorithmic...

Passenger Marine Transportation

Main union: Seafarers may refuse to sail in the Mideast Gulf region

The leading shipping and labour groups have said that seafarers are entitled to refuse to sail on ships traversing the Middle East Gulf, which includes the Strait of Hormuz. This is because the threat level in the region has been raised to the highest level. As the U.S. war against Iran intensifies, around 300 ships are anchored both sides of the Strait. Nine ships have suffered damage since?February 28 and one seafarer has been killed. According to the International Bargaining Forum, a group of mariners, commercial shipping companies, and maritime unions, reached a negotiated agreement on Thursday. Seafarers can refuse...

Passenger Ground & Sea Transportation

McKesson names Sysco CFO Cheung as Vitalone retires

Kenny Cheung, the finance director at food distributor Sysco, will succeed Britt Vitalone. Vitalone has been with the firm for more than 20 years and served as its CFO for eight of those years. He will continue to serve as a strategist, supporting the transition, as well as the planned separation of the business. Evercore ISI analyst Elizabeth Anderson said that today's announcement had a "feeling of an end of an era" to it. She added that Vitalone helped McKesson navigate through the COVID-19 disruptions as well as the opioid litigation settlements. The shares of the largest U.S. drug distributor...

Europe

Passenger Transportation Services

Wizz Air UK receives green light to operate charter flights between the UK and US

Wizz Air announced that it had received permits on Friday to fly to the United States from the United Kingdom. This will allow the budget airline to offer charter flights. However, it does not currently have plans to provide regular commercial services. The airline will offer 'charter flights' for European soccer teams and fans who are attending the?World Cup as well as tour operators organizing?group trips in the U.S. Airlines on both sides of the Atlantic remain optimistic about the visitor numbers this year. The World Cup matches will be played in 10 U.S. States, including Missouri and Massachusetts. Wizz...

Passenger Transportation Services

As the Middle East conflict escalates, airlines cancel flights

The global air travel industry is still severely affected by the war in Iran, which forced the closures of major Middle Eastern hubs such as Dubai, Doha and Abu Dhabi. This left tens or thousands of passengers stranded worldwide, disrupting thousands flights. The following is a list of flights alphabetically arranged by airline. AEGEAN AIRLINES Greece's largest airline has suspended flights from and to Tel Aviv, Beirut and Erbil until early morning arrivals on March 13. Flights to and out of Dubai and Abu Dhabi will be suspended until evening arrivals on March 12 and flights from and to Riyadh...

Passenger Transportation Services

As the conflict in the Gulf with Iran intensifies, private jets are emerging as an alternative means of escape.

Samuel Lait, who launched a private flight company specializing in pet travel on Saturday in Dubai, expected to receive inquiries from owners interested to travel with their animals between the glitzy Gulf hub of Dubai and the United Kingdom. PetX Jets is flooded with requests from a wide range of 'passengers, from young adults to pregnant couples to elderly people, who want to leave the United Arab Emirates. Conflict has engulfed the region and forced countries to shut down their airspace, leaving tens and thousands of people stranded. U.S. and Israeli campaign against Iran entered the seventh day of its...

Western Europe

Middle East

Passenger Transportation Services

Qatar Airways will operate flights to Europe from Doha as the air traffic remains shut

Qatar Airways will operate a few return flights from Doha, Qatar to Europe this Saturday. However, commercial flights are still suspended due to the U.S. and Israel war on Iran that has closed Qatari airspace. Since the conflict escalated last Thursday, these flights are the first state-owned airlines to leave Doha. They will fly to London, Paris?, Madrid?, Rome?, and Frankfurt. Commercial flights were suspended because of the closure of Qatari Airspace. There was also a lack of air traffic in much of the Gulf region. Dubai, which is the busiest international airport, has been largely closed for the seventh...

Passenger Transportation Services

As flights to the Middle East cease, governments plan repatriations

Commercial flights have been grounded in some parts of the Middle East due to an escalating conflict after U.S. and Israeli attacks on Iran. This has left foreigners stranded and prompted governments to plan for repatriations. Here is what government officials, airlines and governments have said regarding repatriation plans. AUSTRIA Austria's Foreign Ministry?said that it had helped 117 vulnerable citizens leave the UAE and Israel through neighbouring countries and planned a charter flight for?170 passengers from Muscat on 4 March. It warned, however, that travellers would have to take land departures at their own risk. BULGARIA GullivAir and Bulgaria Air,...

Passenger Transportation Services

As flights to the Middle East cease, governments plan repatriation

Commercial flights have been grounded in some parts of the Middle East due to an escalating conflict after U.S. and Israeli attacks on Iran. This has left foreigners stranded and prompted governments to plan for repatriation. In alphabetical order, here is what government officials and representatives have said about the repatriation plan: AUSTRIA Austria's Foreign Ministry said that it has helped 117 citizens leave the UAE via Israel and neighbouring countries. It is planning to launch a charter flight for 170 passengers from Muscat, on 4 March. BULGARIA GullivAir and Bulgaria Air, as well as 'the State Aviation Operator', returned...

Passenger Transportation Services

As the Iran conflict intensifies, maritime insurance premiums are on the rise

As the Gulf conflict intensifies, premiums on maritime insurance for war coverage have risen -- some by as much as 1000%. This has led to a dramatic increase in the cost of transporting energy along a crucial maritime corridor. The conflict sparked Saturday by Israeli and U.S. airstrikes against Tehran has 'paralyzed' traffic through the Strait of Hormuz - a major shipping chokepoint. Iran said on Monday that it would shoot at any ship trying?to pass' and nine vessels have been damaged in the area ever since the conflict started. Ship owners can claim for any damage their vessel or...

Passenger Transportation Services

As the Iran conflict intensifies, maritime insurance premiums are on the rise

As the Gulf conflict intensifies, premiums on maritime insurance for war coverage have risen -- some by more than 1,000% -- driving up the price of transporting energy along a crucial maritime corridor. The conflict sparked Saturday by the Israeli-U.S. strikes on?Tehran, a major shipping chokepoint, has paralyzed all traffic through Strait of Hormuz. Iran said on Monday that it would shoot at 'any ship' trying to pass. At least nine vessels in the area have been damaged since the conflict began. Ship owners can claim for any damage their vessel or cargo may suffer due to conflict or terrorism....

Passenger Transportation Services

Lufthansa's 2026 forecast is murky because of Middle East tensions, but 2025 results are impressive.

Lufthansa reported better results than expected for its 2025 financial period as it was able to manage costs more effectively and maximize profits through a stricter financial management. Lufthansa has reported a 2 billion euro adjusted operating profit ($2.32 billion) compared to a projected 1.9 billion euro by an?Lufthansa compiled analyst poll. This is up from the?1.6 billion euro adjusted operating profit in 2024. The German airline group reported an operating profit margin of 4,9%, up from 4,4% in 2024. Lufthansa hopes to increase operating margins to 8-10% by 2030, up from a?4.4% level in 2024. However, strikes like the...

Passenger Transportation Services

The war in Iran enters its sixth day.

Residents described the U.S. and Israeli campaign against Iran as intensifying on Thursday, while Iran vowed retaliation anywhere in response to a U.S. strike on a ship thousands miles away from the battle 'zone. The abrupt postponement in Iran of the planned three-day'mourning period for the slain Supreme leader Ali Khamenei has disrupted apparent plans to quickly anoint Khamenei’s 'hardliner son' as his successor. "Today's worse than yesterday" They are attacking northern Tehran. We are stuck. It is like a war zone. Mohammadreza (36), a phone call from Tehran, said, "Help us", with a shaking voice, as Israel's latest wave...

Passenger Ground & Sea Transportation

After blast, a suspected hull rupture has been reported on a crude tanker near Iraq port

Sonangol Marine Services, a U.S.-based representative of Sonangol Marine Services, said that the hull of the Bahamas flagged crude tanker Sonangol Namibe was likely to have been breached following a blast when it was anchored near Iraq’s Khor al Zubair Port. A small vessel unknown approached the vessel on March 5 at 1200 local time. Sonangol Marine Services issued a statement saying that "the'small boat' approached the port-side of the tanker and a loud boom was heard a few moments later." The crew reports that the port ballast tank is leaking water, which indicates some type of hull rupture. However,...

Passenger Transportation Services

Sky News reports that the first UK flight to Middle East will be delayed until Thursday.

Sky News reported that a British flight to repatriate UK citizens after the Middle East war broke out did not take off on time from Oman as planned. The flight has now been rescheduled later Thursday. Could not confirm the report immediately. The British Foreign Office didn't immediately respond to an outside of'regular office hours? request for comment. The Foreign Office said that British nationals, their partners or spouses, and children were welcome to take the flight. Priority was given to the most vulnerable. Sky News reported that an unidentified passenger who was scheduled to fly on the flight said,...

Passenger Transportation Services

Airline share prices rebound after a resumption of Middle East flights

Airline shares recovered on 'Thursday, as more flights left the Middle East. This provided some respite for carriers who had lost billions in value due to the U.S. and Israeli strikes against Iran earlier in the week. The government has been scrambling for flights out of the Middle East to accommodate tens and thousands of citizens who have been stranded due to the U.S.-Israeli conflict against Iran. This conflict has caused the closure of most of the airspace in the region because of the threat of missiles striking passenger planes. Dubai, the busiest airport in the world, handles over 1,000...

Transport Infrastructure

Marsh, an insurance broker, meets with US officials to discuss restoring Gulf maritime commerce amid the Iran War

Insurance broker Marsh announced on Wednesday that it met with U.S. officials in order to discuss solutions for restoring the maritime trade amid the escalating conflict in 'the Middle East. This waterway is a crucial chokepoint between Iran & Oman and transports about a fifth (or a fifth of the global trade in crude oil & liquefied gas). The shipping through the Strait has been slowed down significantly after Iranian attacks on commercial vessels. This raises concerns about a prolonged disruption of global energy supplies. Marsh, who helped establish an international insurance facility for Ukrainian commerce in 2023, welcomed a...

Passenger Transportation Services

Swiss to fly from Oman in order to assist stranded Omanis

Swiss International Airlines announced on Wednesday that it would be operating an Airbus A340 out of Oman on a Thursday to 'help stranded travellers return to Switzerland during the Middle East conflict. Swiss, a Lufthansa subsidiary, announced that those who would be on board were people with a Swiss ticket but unable to travel to Zurich because of the conflict. Also, Swiss nationals registered in Oman as their residence will also be allowed to board. Swiss stated that this measure was intended to give Swiss citizens the opportunity to return home. According to the latest estimates of the Swiss Foreign...