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Page 10 - Iata News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Air freight rates spike amid Red Sea crisis and in run-up to Lunar New Year

Companies are turning to more expensive air cargo as Houthi rebels up shipping attacks in the Red Sea and to stock up before eight-day holiday next month

NELSON AMENYA: Why it is time to democratize African airlines

Traders start sending goods by air as Red Sea shipping crises worsens

Customers are increasingly looking into multi-modal routes, such as shipping by sea into the Middle East and then onwards to Europe by air

Boeing s latest MAX problem creates more headache for airlines

A cabin blowout at 16,000 feet and the grounding of over 170 Boeing jets amplify airlines frustrations with the planemaker s safety and supply issues. Alaska and United Airlines, with 70% of the MAX 9 fleet, cancel flights as provisional checks reveal loose bolts, potentially delaying the return to service. Boeing CEO Dave Calhoun acknowledges mistakes, anticipating a challenging period. Industry insiders suggest growing discontent with Boeing s repeated problems and production delays, urging airlines to explore alternative suppliers for risk reduction.

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