Newsletter – February 28, 2019

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    Feb

    Newsletter – February 28, 2019
    AIR FREIGHT UPDATES
    Closure of Pakistan air space will increase flying time from India to Europe and US

    thehindubusinessline.com
    With Pakistan imposing a ban on flights over its air space for both India-registered airlines and also international carriers, passengers will have to brace themselves for longer hauls and perhaps some cancellations. At the moment, this ban is in force till the midnight of February 28 and there is no clarity on whether it will be extended. Read more here. 

    Air Canada temporarily suspends flights to India

    thehindubusinessline.com
    Air Canada on Wednesday temporarily suspended its flights to India due to the closure of Pakistani airspace, amid escalating tensions between the two countries. Read more here. 

    Transportation Secretary Chao announces major rule to strengthen safety provisions for lithium batteries transported by aircraft

    ajot.com
    The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Aviation Administration (FAA), today issued an Interim Final Rule (IFR) to enhance air safety by revising the Hazardous Materials Regulations (HMR) for lithium ion cells or batteries transported by aircraft. Read more here.  

    Cathay keeping its eye on growth after a soft start to 2019

    aircargonews.net
    Cathay Pacific Cargo saw a softer start to 2019 after a record-breaking 2018 but is seeing market demand “picking up gradually” after the Chinese New Year.
    Frank Yau, head of cargo sales at the Hong Kong-based carrier, writing in the Cargo Clan magazine, also announced the introduction from March of “a new structure” for his team that aims to be “more customer-centric, agile, and resilient,” although no further details were available. Read more here. 

    OCEAN FREIGHT UPDATES
    U.S. DoJ drops probe of container shipping companies

    americanshipper.com
    The U.S. Department of Justice has reportedly dropped an investigation of major container carriers that began nearly two years ago. Read more here.

     

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