Carrier’s enterprise valuation today is just four times operating profit, whereas in 2019 it was nine times
Ship anchored outside Strait of Hormuz taken by ‘unauthorised personnel’
US retail giant builds last-mile stockrooms in repurposed space to fend off Amazon grocery push
Round-trip bus ticket from New York City to MetLife Stadium reduced from $80 to $20
Brussels seeks to replicate air travel bookings for trains, ferries and coaches
Low-cost air travel may be a thing of the past as rising fuel prices tip carriers into another crisis
Current liquidation and prior restructuring procedure have cost more than $110mn combined
Proposal likely to trigger backlash from airline industry and the US
Middle East conflict is driving many Asian nations in particular to turn to the fossil fuel
Companies locked in a ‘confidence game’ with consumers to persuade them to book
Governments are implementing repatriation and quarantine procedures for people leaving MV Hondius
Tanker carrying LNG throws energy lifeline to Islamabad
Premier League club to face Paris Saint-Germain on May 30 in Budapest
Airlines have managed to avoid greater turbulence because jet fuel hasn’t actually run short — yet
CFO Victor Vial says world trading routes will be permanently reshaped after the conflict
Working on an oil tanker under sanctions was a job like any other — until they ended up in the line of fire
Pakistan cancelled plans to buy cargoes on spot market because it expected Gulf shipments to resume
Operator of bright green e-bikes and scooters plans US listing this year
IAG seeks to recoup about 60% of higher costs through savings and fare increases
World’s second-largest container shipping line says costs have increased by $500mn per month
Dubai airline says it has restored most flights after conflict closed airspace and sent jet fuel prices soaring
Also in this newsletter: New rail ticket rules, and how to spend Europe’s defence boom
Rising cost of kerosene is ‘normal part of airline business’, says document
Tony Fernandes says robust regional demand for travel means Asian carriers are faring better than budget US airlines
Hantavirus outbreak has killed three passengers on ship, which is en route to Tenerife
