Big Three US airline cargo revenues continue to shrink alongside margins and rates
Unveiling its numbers yesterday, American Airlines was the last of the Big Three US passenger ...
XOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMERED
XOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMERED
American Airlines is looking to increase its market share on transpacific routes to China by buying a stake in China Southern. While the deal has not yet been confirmed, it appears the US carrier is eyeing a $200m stake in the airline, which is worth about $10bn at market value, notes ATW. China Southern, which yesterday suspended stock trading, said it would reveal an “important strategic cooperation deal within five working days”.
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
US ports re-open as ILA and USMX extend master contract - and negotiations - to January
Another round of staff lay-offs at Flexport
Vessel bunching on USEC slow to clear, as ILA shapes new 'strategy'
Comment on this article