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WorldACD Weekly Air Cargo Trends (week 19) - 2024

AJOT | May 17, 2024 | Air Cargo | General

Asia Pacific tonnages partially rebound following Labour Day dip...

AECOM takes home the win for Engineering Excellence

AJOT | May 17, 2024 | Intermodal | Rail

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China international air traffic builds on back of Visa tweaks

Bloomberg | May 17, 2024 | Air Cargo

China’s international air passenger traffic recovered to over 80% of pre-Covid levels in April, reflecting efforts by Beijing to attract more overseas visitors to the nation’s shores and a growing propensity of Chinese to travel abroad after the pandemic.

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Ryanair, Wizz Air face a bumpy summer: EMEA earnings week ahead

Bloomberg | May 17, 2024 | Air Cargo

Ryanair Holdings Plc and Wizz Air Holdings Plc cap off an earnings season that has so far seen more than half of companies tracked by Bloomberg Intelligence beat estimates.

China processed less crude oil with apparent demand fall most

Bloomberg | May 17, 2024 | International Trade

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Airfares can only keep rising due to supply chain problems

Bloomberg | May 16, 2024 | Air Cargo

Passengers will see little respite from soaring air fares as carriers face a shortage of planes, labor and spare parts that will prevent them meeting booming travel demand.

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Sugar drops to 18-month low on large production in top exporter

Bloomberg | May 16, 2024 | International Trade | Commodity

Sugar dropped to an 18-month low in New York as a productive start to the season in Brazil, the world’s top exporter, is fueling bets that markets will remain well supplied this year.

United says FAA eases flight curbs as safety review advances
Air Cargo
Bloomberg | Top Story | May 16, 2024

United says FAA eases flight curbs as safety review advances

United Airlines Holdings Inc. said it can begin the process to add new planes and routes again after the Federal Aviation Administration indicated it would ease restrictions, a sign of progress after a series of safety issues led to a clampdown on the carrier’s operations.
IMF knocks Biden’s China tariffs as risk to US, world growth

Bloomberg | May 16, 2024 | International Trade

Azul CEO touts M&A as fix for Latin America’s troubled airlines

Bloomberg | May 16, 2024 | Air Cargo | Airlines

Spirit Aero to cut jobs after Boeing slows down 737 output

Bloomberg | May 16, 2024 | Air Cargo | Airlines

Biden open to easing sanctions on billionaire Gertler in return for Congo exit

Bloomberg | May 16, 2024 | International Trade | Commodity

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Brainard says tariffs needed to avoid ‘China shock’ in US

Bloomberg | May 16, 2024 | International Trade

President Joe Biden’s top economic adviser on Thursday offered a forceful defense of new tariffs on Chinese imports, calling them necessary to avoid economic turbulence from unfair trade practices that threaten to undo recent manufacturing and job gains.

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New regulation leaves DoC holder with fuel liabilities risk, says OceanScore

AJOT | May 16, 2024 | Green Shipping

Implementation of the FuelEU Maritime regulation from 2025 presents an accountability dilemma for shipping as it is currently the Document of Compliance (DoC) holder that will be held responsible for fuel selection and could therefore face...

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United Cargo adds capacity to WebCargo by Freightos’ booking platform, extending cargo sales portal capabilities

AJOT | May 16, 2024 | Air Cargo | Technology

)--Freightos, the vendor-neutral booking and payment platform for the international freight industry, is pleased to expand the collaboration between WebCargo by Freightos and United Cargo.

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Red Sea disruption is splitting global LNG trade in regions

Bloomberg | May 16, 2024 | Energy | Maritime | Bulk

It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea separating the Arabian Peninsula and Africa, testament to how violent attacks there have upended global energy trade.

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The WestJet Group starts non-stop service between Calgary and Iceland

AJOT | May 16, 2024 | Air Cargo | Airlines

With the departure of the sold-out WestJet Flight 38, WestJet marks its seventh direct connection to Europe from its global hub in Calgary this summer

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