Europe keeps Middle East flight restrictions despite Gulf recovery
European airlines will continue to face longer routings and higher operating costs after EASA renewed ...
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
Some movement in airline alliances today. Latam has applied for antitrust immunity for joint-ventures with both IAG and American Airlines. While cargo doesn’t appear to be mentioned in the deal, IAG Cargo has recently set up several freight partnerships, and Latam could be a nice fit. Separately, however, all is not well in AA’s and IAG’s alliance, oneworld. Fellow member Qatar Airways is getting understandably irritated with AA’s position on the Gulf carriers. Outspoken CEO Akbar Al Baker told media this month: “We could form our own mini-alliance if we wanted to.” Qatar Airways, of course, owns 10% of AA partner IAG.
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