No more iPhones for Muscovites: Apple pulls all of its products from Russia over Ukraine invasion March 2, 2022 Phone giant Apple said early this morning it has stopped selling iPhones and other popular products in Russia in response to the ongoing conflict in Ukraine. The company is one of the latest major corporations to boycott the country following the invasion ordered by Russian president Vladimir Putin last week. Fellow tech giants Google and [...]
EU considers ports closure to Russian ships March 1, 2022 The EU is reportedly considering whether to follow the UK’s example and ban Russian ships from docking at its ports. According to the Danish foreign ministry, closing its ports had been considered during Sunday’s meeting when EU foreign ministers agreed to close the bloc’s airspace following the Kremlin’s invasion of Ukraine. “Denmark is actively working [...]
Aviation expects numbers to exceed pre-pandemic levels in 2024 March 1, 2022 The aviation industry expects traveller numbers to exceed pre-pandemic levels starting from 2024. According to a forecast by the International Air Transport Association (IATA), overall numbers will reach 4 billion in 2024, 103 per cent up on 2019 levels. Even though the impact of Omicron has caused a slight shift in near-term recovery predictions, the [...]
Airspace closures hit air cargo operations leading to more supply chain issues March 1, 2022 The Ukrainian conflict has hit air cargo operations worldwide, creating even more supply chain issues, analysts and companies said. Following the EU’s decision to close its airspace to Russian aircraft and the Kremlin’s retaliation, both passenger and cargo routes have been severely disrupted. Some of the biggest airlines in Europe – including Lufthansa, Air France-KLM [...]
Maersk follows MSC and halts cargo bookings in Russia March 1, 2022 Logistics giant Maersk has followed in MSC’s footsteps and decided today to halt all cargo bookings to and from Russia. Maersk said yesterday it was considering whether to halt suspend all container bookings in Russia, following the set of restrictions imposed by the EU on Sunday night. “We are closely following the ever-evolving situation with [...]
Government releases £150m bus funding package March 1, 2022 The government has released the £150m final tranche of pandemic-related support for buses and light railway services. Part of a £2bn package set up by the government during the pandemic, the funding is expected to run until October 2022, helping more than 160 operators with services. “The funding I’ve announced today will ensure millions of [...]
Grant Shapps expresses frustration at London tube strikes March 1, 2022 Transport secretary Grant Shapps expressed today its frustration at the today’s Tube strike, which has created havoc across the whole of London. Shapps urged London mayor Sadiq Khan and Transport for London (TfL) to resolve the dispute with the National Union of Rail, Maritime and Transport Workers (RMT) as soon as possible, while calling on [...]
BA’s owner IAG commits to 40 per cent female management by 2025 March 1, 2022 British Airways’ (BA) owner IAG extendeded today its gender equality commitments, pledging to reach a 40 per cent female management target by 2025. While female representation on the group’s board stands currently at 42 per cent, since 2021 women have occupied a 33 per cent of all senior management positions in the company. The new [...]
UK becomes first country to ban Russian ships from accessing ports March 1, 2022 The UK has become the first country to pass a law banning all Russian ships from docking at its ports, transport secretary Grant Shapps announced this morning. “At London’s Foreign Office where we’ve just become the first nation to pass a law involving a total BAN of ALL ships with ANY Russian connection whatsoever from [...]
MSC halts Russian bookings as Switzerland breaks neutral position March 1, 2022 Shipping giant MSC has halted Russian bookings for cargo, as the corporate world attempts to stave off Russia’s wider operations. “MSC will continue to accept and screen bookings for delivery of essential goods such as food, medical equipment and humanitarian goods,” the world’s largest shipping firm said today. The temporary move will be implemented from [...]