Air Freight News
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FIS Air Freight Report August 17, 2020
No change in terms of the lack of direction in the market this week, near term pricing remains unpredictable - however the general sense of…
China expects trade deal talks with US to take place soon
China confirmed plans to talk with U.S. officials soon to review progress on their preliminary trade deal, a rare engagement between the world’s largest economies…
Trump urges UN to renew Iran sanctions in blow to 2015 deal
President Donald Trump said he would call on the UN Security Council to restore all nuclear-related sanctions on Iran, an attempt to kill off the…
Singapore Air goes through half of cash raised in two months
Singapore Airlines Ltd. has burned through half of the S$8.8 billion ($6.4 billion) it raised through share sales in just two months, highlighting how carriers’…
South Africa in talks with keen investors in state airline
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand…
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US ends pacts with Hong Kong on extradition, shipping tax
The U.S. suspended its extradition treaty with Hong Kong and ended reciprocal tax treatment on shipping with the former British colony, the latest salvo in…
Britain’s meandering track to trade after Brexit
The U.K. is running out of time to strike new deals with its trading partners.
Ships skipping Hong Kong for re-fueling due to strict virus rules
Ships are skipping Hong Kong for re-fueling after the city implemented strict quarantine regulations at its port to curb the spread of the coronavirus, leaving…
Qantas reports $1.96 billion loss and sees more pain to come
Qantas Airways Ltd. reported its first loss in six years and predicted it won’t make money in the next financial year as travel restrictions due…
Haftar to allow limited Libya oil exports to ease power gap
Libya could export oil again, but only temporarily.