IATA fights back as India hits major foreign airlines with tax evasion allegations
Foreign airlines operating out of India are in the crosshairs of its regulatory authorities over ...
As UK regional carrier Flybe went into liquidation this morning, following low demand on top of already challenging finances, IATA predicted global revenue losses for the passenger business of between $63bn and $113bn.
Its previous prediction, for ‘just’ $29.3bn, was based on a scenario that confined the impact of coronavirus to markets associated with China.
Now it has spread to more than 80 countries, travel restrictions and low demand have become a global phenomenon.
IATA said it could not yet estimate the impact ...
$1.5m China-built ship charge would bring return of US port congestion
Carriers warn of cargo disruption due to strikes at Munich Airport
Carriers put on a brave face amid further decline in ocean spot rates
MSC switches bigger box ships to higher-paying trades in 'landmark' move
Business calls for end to French port strikes, but unions plan more
Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
Taiwan and South Korea lines don't fear US levy on Chinese ships
Expect a shift in airfreight market as ecommerce changes tack
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