30 04, 2021

Boeing’s 2021 First-Quarter Results

2021-04-30T16:18:35+02:00April 30th, 2021|

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 [...]

29 04, 2021

Port of Montreal strike

2021-04-30T16:13:48+02:00April 29th, 2021|

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 [...]

28 04, 2021

Maersk Upgrades Full-Year profits by Billions

2021-04-30T16:10:59+02:00April 28th, 2021|

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, [...]

27 04, 2021

Trans-Pacific Containermovements deteriorating, brace for shipping ‘tsunami’

2021-04-27T11:53:46+02:00April 27th, 2021|

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? [...]

26 04, 2021

UNWTO and IATA are working on Destination Tracker to boost Confidence in Travel

2021-04-27T11:34:50+02:00April 26th, 2021|

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 [...]

23 04, 2021

Airindustry issue plea to Europe’s Heads of State: Prioritise the make of a Digital Green Certificate

2021-04-23T10:16:22+02:00April 23rd, 2021|

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 [...]

22 04, 2021

Shipping Industry’s Decarbonization Program

2021-04-22T14:06:47+02:00April 22nd, 2021|

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 [...]

21 04, 2021

United Airlines resumes Flights as countries begin to reopen to vaccinated travellers

2021-04-20T14:38:58+02:00April 21st, 2021|

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, [...]

20 04, 2021

Chennai outranks other ports as most expensive Indian port for containers with $2,220 per 20 ft

2021-04-20T10:08:03+02:00April 20th, 2021|

Chennai outranks other ports as most expensive Indian port for containers with $2,220 per 20 ft Between June 2020 and March 2021, the average used 20 ft container prices across the ports of Chennai, Mundra and Nhava Sheva rose from $1,106 to $1,755, an increase of 58 percent due to [...]

19 04, 2021

Cathay Pacific’s Traffic Figures For March 2021

2021-04-19T11:27:01+02:00April 19th, 2021|

Cathay Pacific’s Traffic Figures For March 2021 Cathay Pacific today released its traffic figures for March 2021 that continued to reflect the airline’s substantial capacity reductions in response to significantly reduced demand as well as travel restrictions and quarantine requirements in place in Hong Kong and other markets amid the [...]

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