Air Freight News
EU sees chance of timely resolution in U.K. post-Brexit talks
The European Union’s Brexit negotiator said talks with the U.K. could prompt a timely resolution depending on political goodwill, but offered no evidence of a…
Turk team visits Iran to defuse industry-battering gas crisis
Turkey slashed electricity supplies to industry after Iran announced a temporary halt in natural gas exports, disrupting production and sending markets plummeting.
Mexico maintained oil hedge size despite AMLO’s plan to curb exports
Mexico’s program to guarantee income from 2022 oil production was similar in size to previous years, a signal the country is not yet ready to…
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Living with Covid proving tough for a gridlocked world economy
The surging omicron variant is complicating the recovery for a world economy that continues to be wracked by supply chain chaos, worker absenteeism and faltering…
Carlyle-backed Cepsa, IAG unit Iberia team up in green push
Oil producer Cepsa SA and IAG SA’s Spanish unit are forming a partnership to develop clean fuel for airlines.
U.K. says airlines must fly more, stirring industry anger
Britain will compel airlines to use 70% of takeoff and landing slots this summer to boost competition after the coronavirus crisis, angering carriers still struggling…
Giant Dangote oil refinery begins production in 3rd quarter
Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year.
China blasts US as bullying’ with ‘wanton’ flight suspensions
China accused the U.S. of “bullying” over its decision to suspend dozens of flights from America by Chinese airlines, underscoring lingering tensions between the world’s…
High food prices dash India’s hopes to curb cooking oil imports
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production.
Goldman says Russia conflict could curb gas flows indefinitely
Russian natural gas flows to Europe could be curtailed for “an indefinite period” if the nation’s new pipeline project to Germany is hit by sanctions…