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North America

Passenger Transportation Services

TSX opens higher on mining gains that offset energy losses

Canada's main index of stocks edged up on Tuesday after the U.S. Gold prices and mining shares rose after President Donald Trump hinted that the Middle East conflict might end soon. At 11:03 am. At 11:03 a.m. ET, the S&P/TSX composite index was up 0.85%, at 33,473.03, with four out of ten major sectors in green. TSX Materials Index, which includes precious-metal miners, jumped by 1.6%, supported by high?gold prices, and had its best day for more than a week. Spot gold prices rose by around 1.4%. The energy stocks were also down by 0.2% due to a drop of?nearly...

Passenger Transportation Services

Spirit Airlines recalls furloughed Pilots as it Prepares to Emerge from Bankruptcy

Spirit Airlines announced on Tuesday that it had called back nearly 500 pilots who were furloughed last year as it prepares to emerge from its second bankruptcy. Last?month?the carrier reached a restructuring deal with its lenders, which would allow it exit bankruptcy before late spring or early?summer. The airline plans to focus on its routes and peak travel times where the demand is highest. Spirit Airlines said that "recalled pilots received a notice of recall on March 9, 2026. Those who accept the notice will return to duty within the timeframe specified in the Collective Bargaining Agreement." CNBC reported on...

Transportation

Gold gains and oil price declines counteract each other to boost TSX futures.

The Canadian stock index futures rose on Tuesday as the gold rally cushioned the oil price decline after President Trump said that the Middle East war could soon be over. This kept investors cautious in the resource-heavy markets. As of 5:57 a.m., March futures for the S&P/TSX Composite Index gained 0.4%. ET. U.S. Stock Futures edged upwards Tuesday, as optimism about a faster resolution of the Middle East conflict eased fears over inflation due to energy. Toronto's benchmark index closed higher on Tuesday after briefly reaching its lowest intraday levels since February 6. Trump said Monday that the conflict with...

Passenger Transportation Services

US talks to rebuild Washington Dulles Airport intensify

An official revealed that the Trump administration is in talks to reach an agreement on a multi-billion dollar rebuilding of Washington 'Dulles International Airport. Steve Bradbury, Deputy Transportation Secretary, said that the Department and the Authority running the Airport are in ongoing discussions to find a solution. Sources say that President Donald Trump met with United Airlines CEO Scott Kirby on February 25 to discuss the future of Dulles. His company is responsible for nearly 70% Dulles traffic, according to sources. Bradbury stated that "those discussions are still ongoing." Bradbury said: "Those discussions are continuing." United declined to comment. Trump...

Passenger Transportation Services

US airport security queues worsen as screeners face a missed paycheck

As the spring break travel season ramps up, airlines are becoming more concerned about the?absences of airport screeners. Houston Hobby Airport reported on Monday that lines at the standard checkpoints were averaging three hours by 2 p.m. In the past two days, longer than usual lines have been reported at several U.S. airports. Officials advised passengers to arrive three to four hours prior to their flight. On February 13, funding for the Department of Homeland Security lapsed after Congress failed reach an agreement on immigration enforcement reforms requested by Democrats. This halted funding for several government departments, including the Transportation...

Logistics

White House dismisses NTSB Board member after receiving reports of concern behavior

The White House announced on Monday that it had terminated Todd Inman, a member of the National Transportation Safety Board. This was after reports were received about his inappropriate behavior and failure to attend meetings. White?House spokesman Kush?Desai?said?Inman's removal from the NTSB was legal after receiving "highly concerning reports" of inappropriate alcohol consumption on the job. He also received reports of harassment of staff and misuse of government resources. Inman has categorically denied all allegations contained in the White House Statement. It has become increasingly apparent that this was a political hit-job. Inman stated that, "While not my original intention?...

Passenger Transportation Services

TSX drops 2% as Middle East turmoil reignites inflation jitters

Canada's major?stock index fell to a three-week-low in a broader-based sell-off on Monday. Risk sentiment was hit globally as escalating tensions erupted in the Middle East, sending crude prices soaring, increasing inflation fears. By 10:57 a.m., the S&P/TSX composite index had fallen 1.25%. ET after falling by more than 2% in the earlier session, and in line with an overall decline of more?than 1 percent across major Wall Street indexes. Iran announced that Mojtaba Khmenei would?succeed the slain father of its supreme leader. This signaled to hardliners that they remain in control and that?the war could last longer than expected....

Transport Infrastructure

Oman's Muscat airport limits private jet flights, email says

According to an email obtained by the. Charter plane operators were informed by the airport authorities on Friday that due to current crisis management measures, flights are limited to seasonal approved services. This measure is necessary, according to the airport, in order to reduce congestion and maintain acceptable capacity. Financial Times first reported the email. It 'asked all airlines and operators to cancel any slots that did not fall within the approved seasonal schedule, and to refrain from submitting unapproved flight requests up until further notice. The email stated that "the only additional flights that may be considered are those...

Passenger Transportation Services

The TSA is absent at more airports, causing security lines to reach three hours.

Some?U.S. airports saw their security line wait times increase to three hours on Sunday. Airports were closed for three hours on Easter Sunday due to the absence of Transportation Security Administration (TSA) workers during a partial shutdown of the government and increased spring break travel. Houston Hobby Airport reported a line of 3.5 hours at one point, and three hours at 4 pm EDT. Louis Armstrong New Orleans International Airport stated: "TSA has a shortage at the security checkpoint which is causing longer than average lines." It is advised that passengers with flights scheduled for today arrive at least three...

Logistics

NTSB Board member Inman claims he was terminated by the White House

On 'Sunday, a Republican member of the U.S. National Transportation Safety Board claimed that he had been fired by the White House on Friday without explanation. Todd Inman was a former chief staffer to Transportation Secretary Elaine Chao in President Donald Trump's initial term. He had been a member of the NTSB from April 2024. Inman was the board member on the scene at the American Airlines collision with an Army helicopter near Reagan Washington National Airport in January 2025 that 'killed 67 persons and the November crash of the UPS cargo plane taking off from the Louisville, Kentucky airport...

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...

Europe

Passenger Transportation Services

Stellantis Jeep taps Toyota's Bosch-backed firm for hybrid and extended range technologies

CNBC reported on Tuesday that Jeep maker Stellantis is using automotive suppliers Blue Nexus and Bosch to develop its 'new hybrid SUVs. The report said that Stellantis uses Blue Nexus technology in its extended-range electric vehicles and Bosch technology in its newly launched Jeep Cherokee. Stellantis spokesperson told Blue Nexus that they were a supplier to Jeep Cherokee, Bosch and the upcoming Grand Wagaoneer EREV Jeep SUV. They did not provide any further information. Stellantis has launched the Grand Wagoneer EREV and Jeep's Cherokee EREV in North America this year, as it seeks to gain market share in its historically...

Passenger Marine Transportation

Ship tracking data shows that a Greek-operated oil tanker carrying Saudi cargo passes through Hormuz.

According to analysis of ship tracking platforms such as 'Kpler' and 'Lloyd's List' Intelligence, a Greek-operated tanker sailed across the Strait of Hormuz on Monday with a cargo of Saudi Arabian crude oil and India listed as its destination. Hundreds of ships are anchored on both sides of the strait as the U.S. and Israel war against Iran continues. The oil and shipping markets are watching for any signs of increased sailings through this critical waterway, through which most of the world's crude oil passes. MarineTraffic data showed that the Shenlong Suezmax, a tanker with a 1 million-barrel capacity, had...

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...

Western Europe

Middle East

Passenger Transportation Services

Qantas increases fares on international flights as fuel prices rise due to the Mideast conflict

Qantas Airways announced on Tuesday that it would increase fares for its international flights 'this week' due to the'surge' in jet fuel prices caused by the Middle East conflict. In a press release, the Australian flag carrier said that it would be considering increasing capacity on existing routes to?Europe in the months ahead. The U.S. and Israel war on Iran 'has sent oil prices soaring, upending travel around the world and sparking fears of a travel slump. Due to the closure of airspace and capacity constraints, airfares on Asia-Europe routes are already higher. Air New Zealand's competitor, Qantas, announced an...

Passenger Transportation Services

Air New Zealand suspends its FY26 forecast due to rising jet fuel prices in the Middle East

Air 'New Zealand suspended their fiscal 2026 'earnings projections?on Tuesday, citing the?escalation in conflict in the Middle East as well as unprecedented volatility on global jet fuel markets. New Zealand's Flag?Carrier forecast that second-half earnings would be?flatter or weaker than first?half, in its interim results published last month. It had posted a loss of NZ$59 million before tax. Air NZ stated in a statement that the conflict in the Middle East had led to extreme volatility on jet fuel markets since then. Jet fuel prices have increased sharply in recent days, from $85-$90 per barrel before the conflict. Fuel is...

Passenger Transportation Services

As the Middle East conflict escalates, airlines cancel more flights

The global air travel industry is still severely affected by the Iran war, which forced the closures of major Middle Eastern hubs such as Dubai, Doha, and Abu Dhabi. This left tens and thousands of passengers stranded and thousands of flights disrupted. The following is a list of the most recent flights by airline alphabetically: AEGEAN AIRLINES The largest Greek carrier has cancelled flights from Tel Aviv to Baghdad, Erbil, and Beirut through the early morning arrivals on March 25, and flights from Beirut to Erbil. Flights to Dubai, Abu Dhabi and Riyadh are cancelled until evening arrivals on March...

Passenger Transportation Services

Airline stocks hit by oil price spike and intensifying Iran war

Oil prices are surging and the U.S.-Israeli conflict with Iran is intensifying. This has hammered the airline stocks in Asia, putting more pressure on airlines already operating within a tight airspace. Travellers scrambled to avoid the Middle East conflict. Oil prices have risen by 20% on Monday morning, the highest level since July 2022. This is due to fears about a tightening supply and prolonged disruptions in shipments. Stranded passengers are paying huge sums to get out of the Middle East. They have to make last-minute trips to the airport or travel overland to hubs that are less affected. Sometimes...

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,...