Bottlenecks and price hikes as airlines now avoid Iran airspace
Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in ...
KNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEAL
KNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEAL
Pakistan has reopened its airspace, triggering airlines to announce schedule changes. According to The Hindu, Air India has lost some R4.9bn ($71m) since the beginning of the month, due to full and then partial closure of the Pakistani airspace for overflights. The carrier said it would re-launch its Delhi–Amritsar–Birmingham route on August 15. United Airlines said in its quarterly earnings call that it would resume its daily service from Newark to Delhi and Mumbai on September 6, and also plans to open a third route, to Delhi from San Francisco in December.
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