Southwest sees fourth-quarter loss after flights cancellations
Southwest Airlines Co. said it expects a fourth-quarter loss as it grapples with costs associated with an operations meltdown that forced it to cancel more…
Buffett-backed BYD Trounces Tesla as China economy reopens
While shares of Tesla Inc. are melting down lately on demand concerns, Chinese rival BYD Co. is on a tear as investors applaud its record…
Key China coal importer buys Australia cargo as curbs ease
One of China’s biggest coal importers struck a deal for Australian cargoes and others are already in talks for purchases as curbs on imports from…
Marcos seeks faster airport upgrade after flight disruptions
Philippine President Ferdinand Marcos Jr. asked his Transport chief to fast-track talks with suppliers of equipment needed in the upgrade of the nation’s main airport…
Increased Chinese crude buying spooks European oil traders
China is snapping up cargoes of crude that would normally head to Europe, spooking the continent’s physical oil traders who’ve just seen imports from Russia…
What to Watch as China Gives Commodities a Wild Start to Year
Commodities are having a volatile start to the year as China’s virus tsunami and policy shifts leave investors scrambling to calibrate expectations for 2023.
Lufthansa to bring back aging A340 jets to add more first-class seats
Deutsche Lufthansa AG will return five aging Airbus SE A340 jets to service in order to boost the availability of first-class seats as travel demand…
British gas-fired power generation rose in 2022 as exports grew
Gas-fired power generation reached a three-year high in Britain last year as demand rose for the country to generate and export electricity.
Japan wants G-7 to team up against ‘economic coercion’ by China
Japan wants the Group of Seven advanced economies to take a coordinated approach this year aimed at preventing the “economic coercion” that China has applied…
WorldACD Air cargo trends for the past 5 weeks (wk 52)
End-of-year air cargo demand sees usual seasonal slump
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