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...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
...While Chem Pluto is Liberia-flagged and Japanese-owned, the Dutch operator Ace Quantum Chemical Tankers is linked to Israeli shipping magnate Idan Ofer, according to Lloyd's List, a shipping publication....
...Is urban transport really winner-take-most? Until we see more evidence, we’ll continue to see Uber as a fast growing, moderately profitable transport company....
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...The purchase was done in stages, with Berkshire initially buying a 38.6 per cent interest in 2017 for $2.8bn before spending a further $8.2bn last year for another 41.4 per cent, boosting its total stake...
...Shares in Spirit closed 47.1 per cent lower, while those of JetBlue rose 4.9 per cent. JetBlue and Spirit said in a statement they disagreed with the ruling and were evaluating their next steps....
...Boeing customers are closely watching to see whether the issues around the Max 9 impact its wider order book for the narrow-body plane, which has a backlog of 4,777 aircraft and has been beset by delivery...
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...Arch rival UPS has dropped 4 per cent over the same period while the S&P 500 index has risen 16 per cent....
...Its dominant position in ride-hailing was dented when the regulator placed the group under investigation shortly after its $4.4bn blockbuster IPO last June....
...The scandal “has shaken the foundations of the certification system and concerns trust in Japan’s manufacturing sector,” said transport minister Tetsuo Saito....
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...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...The oil and gas driller announced on Thursday that it would sell itself to Exxon for $4.9bn. Both buyer and seller painted Denbury as an emerging star in carbon capture technology....
...At Netwealth, for example, just 4 per cent of clients are in sustainable portfolios....
...The 2.4-metre lander is designed to fall on to its side once it touches down on a slope to stabilise its position....
...About 4,000 taxis are now available for hire through Uber’s app in Spain....
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...Immediately they meet the confusing universe of collective investments, comprising more than 4,500 open-ended funds, plus almost 400 investment trusts. There’s simply too much choice....
...After Didi was placed under investigation days after its blockbuster $4.4bn IPO in June 2021, competitors emerged to capitalise on the 18-month period when it was unable to sign up new customers....
...Lyft’s shares edged up nearly 4 per cent on the news in after-market trading, but are still down 87 per cent from their price at the time of the company’s IPO in 2019....
...I thought a single potted tobacco plant at £4 was a try-on until I moved to an even bigger garden centre and found one there for £5....
...The average US domestic airfare in the third quarter of 2022 cost $384 — 4 per cent lower than the same period in 2019, adjusted for inflation, but nearly 13 per cent higher than the third quarter of 2021...
...Shares of European peers Delivery Hero and Just Eat also rose, by 9.6 per cent and 8.4 per cent respectively....
.... ©2022 Nikkei Inc. All rights reserved....
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