Spirit Air again rejects JetBlue after hostile takeover bid
Spirit Airlines Inc. rebuffed a hostile $3.3 billion takeover offer from JetBlue Airways Corp., setting the stage for a potentially contentious vote by shareholders on…
Realterm appoints Grieb Inal to Board of Directors
Realterm announced today that Karen Grieb Inal has been appointed to the firm’s Board of Directors. Inal has had a long and distinguished career in…
Action on fuel vital to stop transport collapse and secure decarbonization
IRU, the world road transport organisation, has launched a 17-point emergency plan for governments to tackle rising fuel prices and their impact on transport networks,…
Panama President aims to restart China trade talks immediately
Panama President Laurentino Cortizo said he intends to immediately restart negotiations with China over a free trade agreement, after conversations were put on hold during…
Federal Railroad Administration releases 2021 fiscal year enforcement report
The Federal Railroad Administration today released its Annual Enforcement Report summarizing regulatory compliance inspections and audits that FRA or state inspectors participating in FRA’s rail…
Singapore Air says business travel is climbing its way back
Business travel is returning for Singapore Airlines Ltd., with forward bookings accounting for a similar proportion of ticket sales as before the Covid pandemic now…
India’s Go First plans IPO in July as air travel rebounds
Go First, India’s No. 2 airline, is planning to raise 36 billion rupees ($464 million) through an initial public offering in July as air travel…
Hong Kong Airlines asks pilots to take leave on reduced pay
Hong Kong Airlines Ltd. has asked pilots to take several months leave on sharply reduced pay as Covid-19 lockdowns in China snarl supply chains, weakening…
Indonesia lifts palm oil export ban in relief to global market
Indonesia, the world’s biggest shipper of edible oils, lifted a ban on palm oil exports in a move that will bring relief to the global…
Shanghai lockdown easing doesn’t mean end to shipping snarls
China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply-chain congestion, according to a major shipping…
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