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...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...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....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
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...Technical specialists from the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport accidents, will be poring over every inch of the door...
...Christian Keller, head of economics research at Barclays, said high levels of spare capacity, slowing demand and robust non-OPEC+ supplies have so far contained concerns about a material disruption to oil...
...Berkshire, whose related interests include car insurer Geico and dealership Berkshire Hathaway Automotive, was regarded as a vote of confidence in the US economy and more particularly in the traditional transport...
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...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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...Additional reporting by Dylan Loh A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Along with falling sales at Tesla and BYD, the world’s two biggest sellers of battery-powered vehicles, it is a sign of trouble for the crucial shift towards green transport in the 21st century....
...Keller Rinaudo Cliffton, Zipline chief executive, declined to comment on the company’s exemption request, but said he was encouraged by the FAA’s other actions this week....
FAA recommends inspections of aircraft with same kind of door plug as Alaska Airlines plane involved in blowout
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