Set course for Baghdad – but it's costly and challenging for air freight shippers
Steep rates and jacked-up insurance premiums make Baghdad-bound airfreight a costly enterprise, with excessive bureaucracy ...
PLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW PG: STABLE YIELDAAPL: GAUGING EXPECTATIONSXOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS
PLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW PG: STABLE YIELDAAPL: GAUGING EXPECTATIONSXOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS
Following the independence referendum in the Kurdish Kirkuk region of Iraq, which saw 90% of Iraqi Kurds vote to create a new country, flights into the area’s two international airports – Erbil and Sulaymaniyah – will cease from Friday afternoon. The decision follows a decree from Iraq’s government in Baghdad. Major Gulf carriers such as Etihad and Qatar, as well as Turkish Airlines, have said they will comply with the ruling. Erbil is a key freighter hub serving Kirkuk’s oil industry.
Comment on this article