Stay updated with breaking news from போஸ்டல். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
3 Min Read WASHINGTON (Reuters) - The U.S. government warned it could limit flights by Hong Kong-based carriers that got a leg up on U.S. rivals after the Asian financial hub imposed quarantine rules that forced U.S. cargo carrier FedEx Corp to move some crews to San Francisco. Slideshow ( 2 images ) The U.S. Transportation Department (USDOT) issued an order on Tuesday requiring Hong Kong-based Cathay Pacific Airways Limited to file flight schedules for all U.S. flights within seven days to determine if any are “contrary to applicable law or adversely affect the public interest”. The USDOT order was issued in reaction to rules issued by Hong Kong in January requiring locally based air crews to quarantine when returning there from international locations, but exempted flights between Hong Kong and Anchorage, Alaska’s biggest city.
By Reuters Staff Slideshow ( 2 images ) PARIS (Reuters) - Aircraft leasing giant AerCap’s acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned on Wednesday. “We understand that the situation of the leasing companies is difficult,” IATA Director General Alexandre de Juniac told Reuters. “But combining the two to have a big player (in) a very dominant situation is not good news for us.” The world’s two largest aircraft lessors announced plans last week to combine, with Ireland’s AerCap agreeing to pay more than $30 billion for GECAS, the air finance business of General Electric.
By Reuters Staff Slideshow ( 2 images ) PARIS (Reuters) - Aircraft leasing giant AerCap’s acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned on Wednesday. “We understand that the situation of the leasing companies is difficult,” IATA Director General Alexandre de Juniac told Reuters. “But combining the two to have a big player (in) a very dominant situation is not good news for us.” The world’s two largest aircraft lessors announced plans last week to combine, with Ireland’s AerCap agreeing to pay more than $30 billion for GECAS, the air finance business of General Electric.
CL Educate Ltd, Viji Finance Ltd, Zenith Exports Ltd and MTAR Technologies Ltd are among the other losers in the BSE's 'B' group today, 16 March 2021. CL Educate Ltd, Viji Finance Ltd, Zenith Exports Ltd and MTAR Technologies Ltd are among the other losers in the BSE's 'B' group today, 16 March 2021. Patel Integrated Logistics Ltd tumbled 12.28% to Rs 20 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 57328 shares were traded on the counter so far as against the average daily volumes of 15003 shares in the past one month. CL Educate Ltd crashed 9.98% to Rs 90.7. The stock was the second biggest loser in 'B' group.On the BSE, 54591 shares were traded on the counter so far as against the average daily volumes of 17000 shares in the past one month.
The chairwoman of the House Oversight and Reform Committee on Friday demanded the U.S. Postal Service (USPS) release a contract it awarded to Oshkosh Corp that could be worth $6 billion to build up to 165,000 next-generation delivery vehicles.
The Transportation Security Administration said it screened 1.357 million U.S. airport passengers on Friday, the highest number screened since March 15, 2020 as air travel begins to rebound from a pandemic-related drop.
U.S. Postmaster General Louis DeJoy told lawmakers the Postal Service needs about $8 billion to electrify its forthcoming delivery vehicles fleet to the "maximum extent" operationally feasible.
Airbus is canvassing airline support for a potential freighter version of its A350 passenger jet, targeting a key stronghold of U.S. rival Boeing as e-commerce lifts demand for transported goods, people familiar with the matter told Reuters.