Blow to cargo exports as Air India reduces long-haul services
Air cargo capacity out of India is expected to tighten, possibly leading to rate increases, ...
MAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
MAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
Capacity issues abound: demand outstripping supply; striking handling agents; slot scarcity at key European gateways; and now American Airlines has added some incompetency to proceedings. A scheduling glitch at the US carrier approved holiday for ALL its pilots during Christmas week.
Although AA is keeping tight-lipped on how many flights would be affected, The Guardian says the pilots’ union informed the carrier somewhere in the region of 15,000 flights were scheduled without a captain. The news has understandably left the cargo community on edge. Some forwarders have said this has only increased their worries over availability of capacity during the Christmas peak.
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