Latest News
-
LATAM is looking for Embraer deliveries quickly to add 30 new Brazil destinations
LATAM Airlines expects to receive its E195-E2 aircraft from Embraer "relatively soon" and to be able to add up to 30 new Brazilian destinations, according to a Friday statement by an executive. LATAM Brasil CEO Jerome Cadier said that a significant portion of the aircraft would be delivered by the end the year and another portion by 2027. The airline will decide in six months what routes the jets will serve. The Brazilian subsidiary of LATAM, a Chilean company, is the No. The No. 1 airline in terms of market share. The carrier announced Monday that it had placed a firm order of 24 E195E2 aircraft with options to purchase another 50. Both firms celebrated a major milestone with the deal. Embraer received a long-awaited Brazilian order for its second generation jets, while LATAM added regional planes to their fleet of Airbus narrowbodies, and Boeing widebodies. AIRBUS CONTEST Cadier revealed to the world last year that LATAM is considering a move. purchasing smaller jets Embraer's E2 aircraft and Airbus' A220 are direct competitors for the segment of up to 150 seats. Cadier said that the A220 was more spacious and had a longer range. This would have brought it closer to LATAM's existing narrowbody aircraft. The smaller E2, with 136 seats, is better suited for the Brazilian market. He said that the E2 was a good fit for the E2 when you consider the distances between cities and the demand of those cities. If there were many big cities, the A220 might be a better option. Cadier didn't provide any further details on destinations LATAM might add to its domestic schedule. EXPANSION PLANS LATAM expects that it will continue to expand its workforce, and is aiming for a similar level of hiring in 2024, which includes pilots and cabin staff members, this year. The company invested in a new hangar for heavy maintenance, worth 40 million reais (7.49 million dollars), at its Sao Carlos facility. The facility was opened on Friday, one day after the rivalry between Azul and Gol had ended. Talks on a merger This would have made LATAM the largest airline in Brazil by market share. Cadier stated that the merger would not have caused concern, since the antitrust watchdog CADE likely would have placed restrictions on the deal. He said, "We never thought of a scenario where a merger like this would be approved if mitigation measures were not taken."
-
Ukraine: Drone incursions by Russia part of West pressure plan
The Ukrainian spy agency claimed that Russia intentionally flew drones in the airspace over NATO member Poland to test the response of the alliance, increase fatigue among member states due to its war against Ukraine, and put more pressure on the west. After NATO jets shot down Russian drones which entered Polish airspace between September 9-10, it sent a written assessment. Unidentified drones disrupted air traffic in Denmark this week. This assessment was limited to the incident that occurred in Poland. The agency stated that "Such hybrid operation likely aim to increase the pressure on Ukraine's Western partner, which could lead to: Reduced assistance for Ukraine, particularly military aid." Russia denied it intended to target anything in Poland using drones while it was attacking Ukraine. Donald Trump, the U.S. president, said immediately after the incident that the drones could have ended up in Poland by accident. The Ukrainian spy agency has ruled out this as the reason for the jamming of electronic systems and drones by Russia. UAVs (drones), not only from Ukraine, but also from Belarus, entered Poland. "Some UAVs penetrated as far as 100 km (60 mi) into Polish territory - well beyond the ranges of Ukrainian electronic warfare systems", it said. The Ukrainian agency also highlighted the large number - about 20 - of drones involved in the incident. According to the Ukrainian agency, one of the models was the Gerbera decoy, which used by Russia indicated that it did not intend to strike anything. 'PART OF BROADER PLAN In recent weeks, tensions on NATO's east flank have increased with Russia. In addition to the Polish incursion last week, Estonia also accused Russia of sending in three fighter jets, while Romania came close to shooting down drone. The Kremlin had earlier said on Friday that the threat to shoot down Russian military aircraft over Europe was reckless and aggressive, and marked an escalation in tensions near Russia's borders. The Ukrainian agency did not address the recent incidents but said that "this incident (in Poland), is part of Russia’s larger plan to expand its aggression into the countries bordering Ukraine". It is a warning for NATO and a test to see how they respond to attacks against member states. The aim is to intimidate Polish citizens. The report found that there were 10 drone violations in Moldovan airspace this year and 14 drones crashed on Romanian soil during attacks against nearby port infrastructures in Ukraine. It said that "violations of airspace in countries adjacent to Ukraine have become systemic during Russian combined air strikes on Ukrainian civilians and critical infrastructure." (Reporting and editing by Howard Goller; Tom Balmforth)
-
The future of Serbia's oil supply is unclear as US sanctions loom
Sources told AFP that Serbia has enough crude oil and fuel to meet its demand for the near future, but the U.S. Sanctions set to take effect on October 1, cast a cloud over the nation's energy security in the long term. The Russian-owned NIS oil company said it had sufficient crude and fuel stock after Serbian president Aleksandar Vucic announced that the U.S. wouldn't extend a waiver of sanctions originally announced in January. NIS has not disclosed inventory levels or the length of time supplies will last. Four sources with knowledge of the situation said that the refinery can operate for up to two months, and still provide enough refined products to meet demand. Gazprom, a Russian company, owns 44.9% of NIS. A Gazprom investment unit has 11.3% and the Serbian Government 29.9%. Uncertainty about long-term energy security NIS is Serbia's sole oil refinery, and it supplies around 80% or more of the country's gasoline and diesel, as well as 90% of its jet fuel and heavy oil demand. The U.S. announced sanctions against Russia's oil industry on January 10, but they had been repeatedly delayed. Foreign banks could stop dealing with NIS once they become enforced. This would leave domestic banks without the necessary capacity. According to a Serbian fuel industry insider who requested anonymity, "Authorities must immediately ensure NIS access to domestic financial market and then, within the next two months, do whatever is necessary to keep Pancevo refinery operating." There is no other alternative to the refinery for the market supply. NIS is owned by Russia's Gazprom, Gazprom Neft and Gazprom. In an earlier report, it was reported that NIS struggled to find oil traders in other countries, and its former clients sought alternative fuel suppliers at home due to the impending sanctions. JANAF PIPELINE AFFECT The crude oil for NIS' Pancevo refinery, which has a capacity of 4.8 million tons/year, is transported via Croatia's JANAF pipe. JANAF confirmed Friday that it will have to stop supplying NIS once the sanctions come into effect. However, they will ask the U.S. Office of Foreign Assets Control to extend their licence. Vladislav Veselica is a JANAF member who said that NIS must now provide evidence for why the license should be extended. He said that the lawyers of the company in the U.S. will file for an extension on Friday. NIS represents more than 30% JANAF revenue. Reporting by Ivana Skularac, Robert Harvey and Edward McAllister Editing by Gareth Jones and Edward McAllister
-
Russian fuel crisis leads to long queues, headaches and frustration for motorists
The long line of cars outside Sevastopol's petrol station, a port in the Russian-controlled Crimea region, revealed to drivers in Russia how difficult it is in this time of rising gasoline prices. In recent weeks, Ukraine increased drone attacks against Russian refineries and terminals for export. Motorists have felt the impact. Alexander Semin said that he waited 40 minutes in Sevastopol to fill up his tank the day before, but he claimed he wasn't "panicked." The Izvestia, citing the fuel producers' union, reported that shortages of fuel and disruptions in gasoline supply have been reported across Russia for over a month. Sergei Aksyonov acknowledged the issue in a video on Thursday, but assured motorists the gasoline stations will be fully stocked with all types within two weeks. Locals in Nizhny Novgorod, a historic city along the Volga River, thousands of kilometers north of Crimea were also experiencing the same problems. A taxi driver, who identified himself only as Alexei, said that there was no 95 or 92 petrol at either gas station. Later it appeared, and then again disappeared." The local governor of the region east from Moscow stated this week that the disruptions are due to problems in the supply chain. He reassured residents that the issues will be resolved soon. Alexei Zlobin, a Crimean driver, said that the shortages in Crimea required some creativity. He suggested that if you are having problems with petrol, take a cart. (Reporting from Sevastopol, Nizhny Novgorod. Writing by Lucy Papachristou. Editing by Hugh Lawson.
-
Drone anxiety in Denmark is highlighted by the 'Shining Star in the Sky'
Billund Airport, Denmark's second largest airport, was briefly closed early Friday morning following a report about illegal drone activity. Police later identified the drone as "a star in the skies," amid increased concern over drone sightings across Denmark. In the past 24 hours, there have been more than 500 reported drone sightings in Denmark. These incidents come after the closure of Copenhagen Airport on Monday night, Scandinavia's biggest airport, because drones were involved in what Danish Prime Minister Mette Fredericksen described as "the most severe attack against Danish critical infrastructure up to now." The drones were then spotted at Aalborg and Esbjerg airports, as well as at Sonderborg and Skrydstrup, forcing authorities to scramble for a solution. Defense Minister Troels Poulsen stated that Denmark lacks the tools necessary to combat such incursions. He noted that Denmark does not possess a ground-based system of air defence and suggested even advanced measures may struggle to deal with the type drones observed. Flemming Sndorff, 60, a consultant in the field of work environment, expressed his concern over the preparedness of the country. "I am worried because we don't have any defence. We don't have anything. We have nothing. "We can't just start shooting drones down with shotguns", he said. The government's response has been criticized, especially since Denmark has pledged to increase military spending in this year. This includes plans to acquire long range weapons capable of hitting targets deep within Russia. Why should we buy these new weapons systems if we can't even defend Danish airspace?" Noa Redington, a political analyst, said that there is a growing gap between what the government says and what actually happens. According to a poll conducted by Danish TV2 this week, half of Danes have become more concerned with the security of the country following the drone sightings. Authorities have asked the public to help law enforcement by documenting any suspected drone activity. They advise them to take photos and videos of incidents without zooming to preserve context. Next week, Denmark, the current EU Presidency, will host European Leaders in Copenhagen. Ulf Kristersson, the Swedish Prime Minister, offered to send anti-drone gear to Denmark in advance of the meeting. Frederiksen was also criticized for her absence from the meeting this week, as she traveled to Greenland. Redington stated that the woman had not been clear in her communication. The government faces a major risk if the consensus on defence policy is challenged. (Reporting by Soren Sirich Jeppesen, Stine Jacobsen, Louise Rasmussen, and Tom Little. Jacob GronholtPedersen (Writing; Hugh Lawson, Editing)
-
Southwest Airlines pays $18.5 Million for employees' Military Leave
Southwest Airlines has agreed to pay $18.5m to settle a class-action lawsuit accusing it of not providing paid leave for employees who take short-term military leaves. On Thursday night, a preliminary settlement was filed in the federal court of San Francisco. The judge must approve it. Southwest denied employees pay for military leave of 14 days or less, even though they were paid for other absences, such as sick leave, jury duty, and bereavement leaves. Southwest violated federal law that protects military personnel from discrimination in civilian jobs. Court documents show that approximately 2,791 eligible Southwest workers would receive an average of $4,421, once legal fees up to a third of the settlement fund have been deducted. Southwest will also pay up to 10 paid days of short-term military leaves per calendar year between 2026 and 2030. Court documents show that the Dallas-based carrier, which denied wrongdoing, believes that military leave isn't comparable to other forms or leave, but settled in order to avoid the cost and risk of litigation. Southwest has not yet responded to a request for comment. In 2019, a San Francisco judge approved an agreement worth up to 18,8 million dollars for almost 2,000 Southwest Pilots who were also denied paid leave due to short-term military duty. Huntsman v Southwest Airlines Co., U.S. District Court for the Northern District of California No. 19-00083. Reporting by Jonathan Stempel, New York; Editing by Franklin Paul
-
Russia to ban partial diesel exports until the end of the year, but traders claim that there will be little impact.
The Russian government is planning to implement a partial export ban of diesel until the end the year in order to combat shortages after a series of drone attacks by the Ukrainians on Russian refineries. However, traders expect the measure to not have a significant impact on fuel flow. The Russian restrictions will only apply to exporters that do not produce fuel or whose export share is low. Around three quarters of diesel exported by producers are sent via North and South Pipelines, which respectively lead to Baltic and Black Sea Ports. These volumes are not limited. The new restrictions do not apply to the exports of non-producing diesel by Central Asian countries that have also signed intergovernmental agreements on fuel shipment with Russia. Russia plans to restrict the export of oil and petroleum products to reduce fuel shortages across the country. Industry sources claim that Russia will produce almost 86 millions metric tons (about 31 million tons) of diesel by 2024. The Russian government has already introduced an export tariff of 50,000 rubles ($598) for non-producers, which has led to a decline in fuel supplies and a worsening of margins for traders. On the St Petersburg Exchange, diesel wholesale prices are around 70,000 roubles a ton. According to analysts' estimations, the decline in Russia’s diesel exports could reach 0-2% and will be closer towards zero, said a trader, who declined to name himself due to the sensitive nature of the issue. Another trading source stated that "the ban will not lead to any influx of Diesel Fuel into the domestic market."
-
Asian spot LNG prices decline on tepid demand, ample inventories
The price of Asian spot liquefied gas fell this week due to a lacklustre market. Prices are expected remain low as Chinese gas production and ample stocks limit the interest in spot purchases. Average LNG price for delivery to North-east Asia in November Industry sources estimate that the price per million British Thermal Units (mmBtu) was $11.20, down from $11.50/mmBtu in the previous week. Go Katayama is an LNG and gas analyst with data analytics firm Kpler. He said that Asian LNG prices will remain somewhat bearish through next week due to increased domestic gas production, higher underground storage withdrawals in China, and abundant regional LNG inventories. Katayama said that the upward revisions of China's domestic gas production estimates for September to December 2025 combined with the higher forecasted underground storage withdrawals from November are likely to replace additional spot LNG demand, and put downward pressure on Asian prices. EUROPEAN Prices Keep to Tight Range Prices in Europe were slightly higher on Friday morning, but still within the recent tight range. The gradual end of maintenance season in Norway has increased supply, while strikes in France have reduced LNG deliveries. The disruption caused by the strikes at French LNG Terminals will likely last until the end of September. The strike has led to a rise in the price of gas in France, and sellers have been forced to move cargoes to LNG terminals around northwest Europe. Katayama stated that Kpler has a stable outlook on the TTF front month contract for the coming week. This is because ample LNG and pipeline supply will help balance the gradual decline in renewable generation, and the lower Algerian piped flow to the EU. Lack of competition in Asia has reduced the urgency for European market players to purchase winter goods. Orbify, a data intelligence company, reports that 32 vessels will be heading to Europe in the next 14-days with 1,30 million cubic meters LNG. S&P Global Commodity Insights estimated its daily North West Europe LNG Marker price benchmark (NWM) for cargoes to be delivered in November ex-ship on September 25 at $10.954/mmBtu, a $0.65/mmBtu reduction from the November futures prices at the TTF Hub. Spark Commodities rated the October price as $10.517/mmBtu. Argus rated the price at $10.681/mmBtu. Xiaoyi Deng of Argus reported that in Egypt, LNG-laden vessels formed queues this week outside floating storage units due to scheduling problems at the terminals. Spark Commodities analyst Edward Armitage said that the U.S. front month arbitrage to North-East Asia via Cape of Good Hope still encourages U.S. cargoes for delivery to Europe. The global LNG freight rate for the Atlantic fell to its lowest level in five months, $21,500/day. Pacific rates have also weakened for the fifth consecutive week to $25,250/day. Marwa Rashad reported. Mark Potter (Editing)
US tightens licenses for truck drivers who are not citizens after Florida crash
After a fatal accident in Florida and an audit by the government, the U.S. Transportation Department announced Friday that it would issue an emergency regulation restricting commercial driver's licenses for non-U.S. nationals.
Non-citizens won't be eligible for a driver's license unless they comply with new rules, such as an employment-based Visa, and submit to a federally mandated immigration status check. Sean Duffy, Transportation Secretary, is also taking enforcement action against California to stop it from issuing commercial driver's licenses to foreigners. Duffy stated that "licenses for dangerous foreign drivers to operate an 80,000-pound vehicle are often issued illegally."
A spokesperson for the Governor of California said that the commercial drivers in the state "had a fatal accident rate nearly 40% lower than the national average." Texas, the only state that has more commercial drivers, has a rate nearly 50% higher than California.
In August, Marco Rubio, the Secretary of State of the United States announced that the United States would immediately suspend the issuance all worker visas to commercial truck drivers. The previous order, which stopped new visas from being issued to non-citizens but allowed those already in the country to get a commercial license, has now tightened the rules. California has 30 calendar days to comply, or else the Trump administration withholds federal highway funds. The first year will see nearly $160 millions withheld and then doubled. Duffy stated that more than 25 percent of California's commercial licenses granted to non-U.S. residents were issued in an improper manner. This is just the latest in a long series of conflicts between the Trump Administration and California over federal funding for transportation.
Duffy cited a Federal Motor Carrier Safety Administration (FMCSA) audit as evidence that "the combination of a catastrophic inability of states to comply with the law, and a broken systems has created an immediate hazard for American travelers." Duffy stated that the audit revealed drivers who had valid licenses long after their legal presence in the U.S. ended. Duffy said that Colorado, Pennsylvania South Dakota Texas and Washington had licenses which did not comply with federal regulations. The audit is not yet available. Duffy warned last month that USDOT would withhold federal funds from California, Washington and New Mexico until they adopted English proficiency requirements.
Todd Spencer, President of the Owner-Operator and Independent Drivers Association, praised the actions taken to stop the issuance commercial licenses for non-residents. Spencer stated that "loopholes" in the program allowed unqualified drivers to drive on America's highways. This created unnecessary safety risks both for professional drivers as well as motorists.
According to some groups, the United States is in need of up to 80.000 truck drivers. According to Florida and U.S. authorities, the federal investigation was prompted after a fatal Florida accident involving a truck driver of Indian descent who didn't speak English nor had legal authorization to enter the United States. He was issued a California license. The English proficiency standard for truckers had been in place since the early 1970s. However, Trump's April executive order reversed 2016 guidance which said that inspectors shouldn't remove commercial drivers from service if they only have a lack of English. In 2023, the Federal Motor Carrier Safety Administration reported that approximately 16% of U.S. drivers were born abroad. Reporting by David Shepardson, Editing by Chizu nomiyama and Lisa Shumaker
(source: Reuters)