Continued progress on safe return to service of 737 MAX; resumed 787 deliveries in late March Revenue of $15.2 billion, GAAP loss per share of ($0.92) and core (non-GAAP)* loss per share of ($1.53) Operating cash flow of ($3.4) billion; cash and marketable securities of $21.9 billion Total backlog grew to $364 billion; Commercial Airplanes added 76 [...]
The dockworkers’ unlimited general strike that began on Monday morning at the Port of Montreal, Canada’s second-largest port, may be brought to an end by back-to-work legislation tabled by the federal government. A bil was due to be debated on Tuesday in the House of Commons. If passed, the bill [...]
Danish shipping conglomerate A.P. Moller – Maersk A/S announced a big upgrade to its full year guidance for the year due to the “exceptional market situation” happening in container shipping as surging demand causes supply chain bottlenecks and a shortage of shipping containers. In a trading update published late Monday, [...]
US importers to face extreme delays as container capacity overflows The number of container ships stuck at anchor off Los Angeles and Long Beach is down to around 20 per day, from 30 a few months ago. Does this mean the capacity crunch in the trans-Pacific market is finally easing? [...]
The Apollo Cargo Alliance is happy to welcome its newest member in the following strategical location: Hanoi, Vietnam We are sure this freight forwarder will contribute to the positive growth of our international logistics network.
UNWTO and IATA are working on Destination Tracker to boost Confidence in Travel The World Tourism Organization (UNWTO) and the International Air Transport Association (IATA) announce a Destination Tracker in preparation for the restart of international travel. It is the result of both organizations joining efforts to boost confidence and [...]
Airindustry issue plea to Europe’s Heads of State: Prioritise the make of a Digital Green Certificate
Airindustry issue plea to Europe’s Heads of State: Prioritise the make of a Digital Green Certificate In a joint letter sent to European Heads of State and Ministers last night, aviation bodies A4E, ACI EUROPE and ERA issued a direct appeal for urgent action and transparency in making Digital Green Certificates ready [...]
The Apollo Cargo Alliance is happy to welcome its newest member in the following strategical location: Warsaw, Poland We are sure this freight forwarder will contribute to the positive growth of our international logistics network.
Shipping Industry’s Decarbonization Program Shipping trade groups representing the vast majority of the global shipping industry are throwing their support behind a “moon-shot” proposal by governments for a $5 billion research and development fund to help accelerate zero-carbon fuels and technologies within the shipping industry. The proposal, which was submitted [...]
United Airlines resumes Flights to Croatia, Greece and Iceland as Countries Begin to Reopen to Vaccinated Travelers United is adding three new flights to its international network, giving travelers more options for summer travel by flying direct to countries that are starting to reopen to vaccinated visitors. Starting in July, [...]