Air Freight News
Ruble whipsawed as exporter dollar sales can’t offset rout
The ruble headed for a third day of losses, sinking as low as 110 per dollar, as Russia pressed on with its invasion of Ukraine…
Shell is said to continue purchasing Russian oil and gas
Shell Plc, Europe’s largest oil company, is continuing to purchase oil and gas from Russia in the wake of the country’s invasion of Ukraine, according…
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Biden bans Russian aircraft in US skies in response to Ukraine
President Joe Biden has closed U.S. airspace to Russian aircraft, joining most European nations and Canada in response to the invasion of Ukraine, he said…
United Air joins US peers in avoiding Russian airspace
United Airlines Holdings Inc. will stop flying over Russia for its daily flights to India, becoming the last major U.S. passenger carrier to withdraw from…
OPEC+ makes modest supply hike as Russia turmoil lifts price
OPEC and its allies agreed another modest revival in supplies for April at a low-key meeting that was overshadowed by the market turmoil unleashed by…
Ryanair, Wizz join Ukraine relief push with aid, refugee flights
Ryanair Holdings Plc said it will help airlift medical supplies bound for Ukraine, while fellow discounter Wizz Air Holdings Plc has offered 100,000 free tickets…
Ryanair says fuel hedging to help it ride out Ukraine impact
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said fuel hedging and cost curbs will give his company an edge over rivals this summer as…
Commodities jump most since 2009 as Ukraine war threatens supply
Commodity prices soared the most since 2009 as Russia’s invasion of Ukraine threatens key supplies of energy, crops and metals that were already tight as…
Latin America not suited to pump more amid $100 oil, Russia risk
Output across the region is set to barely budge this year.
Oil industry stirs blowback after weaving war into US lobbying
The U.S oil and gas industry is seizing on the market turmoil sparked by Russia’s invasion of Ukraine to demand the Biden administration take steps…