Airline Industry

Air cargo market heads toward 2nd best year despite softening

An airport tug pulls a large cargo pallet in front of an American Airlines jet.

Air cargo business is slowing amid global macroeconomic pressures but 2022 is still shaping up as one of the industry’s strongest years ever with cargo revenues nearly double those before the pandemic, the International Air Transport Association said Monday. The cargo forecast was part of an upgraded outlook showing that the industry is inching closer to profitability in 2023 as passenger demand finally kicks into full gear.

The largest airline trade association said it expects cargo to continue...

https://www.freightwaves.com/news/air-cargo-market-heads-toward-2nd-best-year-despite-softening

Topsoe supports new production of sustainable aviation fuel and renewable diesel in Ontario, Canada

  • Refuel Energy chooses Topsoe solution for renewable fuel facility.
  • The facility will be built in Ontario, Canada, and will have a capacity of 3000 barrels per day.    
  • The produced fuel will supply aviation and terrestrial fuel needs and reduce CO2 emissions for the end users by up to 80%.

Refuel Energy Inc. (Refuel) has announced its plans for the construction of a 3000 barrels per day renewable fuel plant in Southern Ontario, Canada.

The proposed project, called Refuel YYZ, would supply the...

https://allaboutshipping.co.uk/2022/04/20/topsoe-supports-new-production-of-sustainable-aviation-fuel-and-renewable-diesel-in-ontario-canada/

Fresh turbulence ahead for airlines as travel chaos continues

Susannah Streeter

6 April 2022 – Since the start of 2021 airline shares have fallen back amid ongoing disruption:

  • Wizz Air down 40%,
    Ryanair down 17%,
    International Consolidated Airlines Group down 14%
    American Airlines down 10%,
    Quantas down 2%.

Brent crude hovers around $101 a barrel and is up 27% since the start of 2021

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
 
‘’Flight chaos is spreading around the world, as the school holiday rush intensifies, amid severe...

https://allaboutshipping.co.uk/2022/04/08/fresh-turbulence-ahead-for-airlines-as-travel-chaos-continues/

Oil price creeps up, Tesla shows resilience, but Covid causes fresh woes for airlines

Susannah Streeter

4 April 2022 – Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown:

‘’As the uneasy stalemate continues between Russia and European nations about energy supplies, the price of oil has crept up again today to above $105 a barrel, as worries remain about the much tighter supply of crude on world markets. The unprecedented release of US oil reserves in a drip drip daily strategy over the coming months, had lowered prices, and the two-month truce in Yemen...

https://allaboutshipping.co.uk/2022/04/04/oil-price-creeps-up-tesla-shows-resilience-but-covid-causes-fresh-woes-for-airlines/

Experience & local knowledge ease refugee aid effort

Monaco
Good Morning Monaco

Saturday, March 26, 2022

Experience and local knowledge ease refugee aid effort
Monaco resident Arthur Reynolds has had one foot in Hungary for 30 years, having bought tracts of farmland in the east of the country to plant apple trees. Usually, at this time of year…

Monaco performers come together in support of Ukraine
The Principality’s cultural icons are showing practical support for Ukraine with a series of events from which all proceeds will go to the Monaco Red Cross…

Ru...

https://allaboutshipping.co.uk/2022/03/26/experience-local-knowledge-ease-refugee-aid-effort/

Saudi Arabia reopens visa on arrival for US, UK and Schengen visa holders

Tourists in AlUla Saudi Arabia

Saudi Arabia reopens visa on arrival for US, UK and Schengen visa holders

  • Returns Saudi to pre-pandemic levels of openness
  • Visa-on-arrival available for citizens of countries eligible for e-visa
  • No proof of vaccination or PCR test required for entry
  • Quarantine requirement eliminated

RIYADH, Saudi Arabia, March 25, 2022 /PRNewswire/ — The Saudi Arabian government has reopened the visa-on-arrival program for holders of valid visas for the US, UK and Schengen area,...

https://allaboutshipping.co.uk/2022/03/25/saudi-arabia-reopens-visa-on-arrival-for-us-uk-and-schengen-visa-holders/

End of the illusion, Financial markets need stimulus to stay on, and more

End of the illusion, Financial markets need stimulus to stay on, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

28 February – 4 March 2022, Vol.13 Ed.9

Most-read Commentary

End of the illusion: Russia’s invasion of Ukraine brings down the curtain on the Europe spawned by the Maastricht treaty 30 years ago. Russian President Vladimir Putin’s aggression gravely weakens the post-cold war European consensus in three crucial spheres – energy, security and money. By...

https://allaboutshipping.co.uk/2022/03/05/end-of-the-illusion-financial-markets-need-stimulus-to-stay-on-and-more/

Travel sector recovery boosts chances that EasyJet could fly back into FTSE 100 in March reshuffle

Travel sector recovery boosts chances that EasyJet could fly back into FTSE 100 in March reshuffle

Susannah Streeter

22 February 2022

Travel sector recovery boosts chances that EasyJet could fly back into FTSE 100 in March reshuffle

The FTSE All Share Index Quarterly Review is based on closing prices on Tuesday March 1 and is due to be announced on Wednesday March 2.

  •  A flying recovery for EasyJet pushes it into a prime position to move back into the blue chip league.
  • Dechra pharma set to fall out...

https://allaboutshipping.co.uk/2022/02/22/travel-sector-recovery-boosts-chances-that-easyjet-could-fly-back-into-ftse-100-in-march-reshuffle/

Haldor Topsoe to support Indaba Renewable Fuels’ production of sustainable aviation fuel

Haldor Topsoe to support Indaba Renewable Fuels’ production of sustainable aviation fuel

·        Indaba Renewable Fuels (Indaba) will build two greenfield refineries in California and Missouri to produce Sustainable Aviation Fuel (SAF) utilizing Topsoe’s HydroFlex technology.

·        The facilities are expected to begin production of SAF in 2024 totaling. The capacity of the plants is 6500 barrels per day at each location.

·        Topsoe will also provide its H2bridge hydrogen technology for...

https://allaboutshipping.co.uk/2022/01/14/haldor-topsoe-to-support-indaba-renewable-fuels-production-of-sustainable-aviation-fuel/

The relaxation of testing rules is the late-late Christmas present for the travel industry

The relaxation of testing rules is the late-late Christmas present for the travel industry

Sussanah Streeter

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’The relaxation of testing rules is the late-late Christmas present the travel industry had been holding out for. Shares in London listed airlines lifted again today – as the rumour mills swirled that lateral flow tests would replace expensive PCRs on arrival in the UK, and pre-departure tests would be scrapped –...

https://allaboutshipping.co.uk/2022/01/05/the-relaxation-of-testing-rules-is-the-late-late-christmas-present-for-the-travel-industry/

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