Key Takeaways: Revenue and Profit Slide: Total Q1 revenue is projected to fall 8% year-over-year to €12.4 billion, with adjusted EBIT plummeting to €311 million. Commercial Division Struggles: Aircraft deliveries are expected to drop to 114 (down from 136), driving a 13% decline in divisional revenue. The Handover Bottleneck: A …
Read More »Cargo ship from Ukraine grounded in Istanbul’s Bosphorus Strait, traffic halted
The cargo ship MKK 1, traveling from Ukraine to Turkey, was grounded in Istanbul’s Bosphorus Strait on Monday and traffic in the strait was suspended but no damage was reported, shipping agents Tribeca said. Several tugs were among vessels sent to provide assistance to the ship, the coastguard authority said. …
Read More »Aeroflot 401 Reveals Western Efforts To Paralyze Russian Commercial Aviation
Civil aviation experts of Aerodynamic highlighted the intriguing story of Aeroflot 401 as an important example of an in-depth discussion on Russia, Ukraine and the impact of the ongoing war on global air transport.Aeroflot Flight 401 had taken off at night, in the pre-dawn hours of March 3, and quickly …
Read More »Potential industry crisis over supply chain disruptions
The executive director of the Port of Long Beach warned on Monday of an industry crisis over supply chain disruptions.Mario Cordero, the official who is in charge of the largest container port complex in the United States, said that the supply chain is definitely disrupted and has been for some …
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