transportation-sector
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In inflation-hit Germany, massive strike over pay to cripple transport
Date: March 27, 2023
By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in Germany was set to begin early Monday, crippling mass transport and airports in one of the biggest walkouts in decades as Europe’s largest economy reels from soaring inflation. In the hours running up to the strike, both sides dug in their heels,...
India resists calls for more air access in drive to be global aviation force
Date: March 22, 2023
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, with its aviation minister urging domestic carriers to fly long-haul and help establish new hubs as it seeks to recapture control of Indian travel from foreign rivals. It is also asking aerospace companies...
Portuguese airline TAP swings to profit earlier than expected
Date: March 21, 2023
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising revenue and lower staff costs offset soaring fuel prices, the state-owned company said on Tuesday. TAP said it made a net profit of 65.6 million euros ($70.4 million) in 2022 compared with a net...
Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels
Date: March 14, 2023
(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected passenger traffic to keep improving in 2023 but stay below pre-pandemic levels, following the lifting of COVID-related travel restrictions. The group, which operates at 31 airports around the world and counted more than 48 million passengers in 2022, expects 2023 passenger traffic to come...
Britain delays major rail project HS2 as costs soar again
Date: March 9, 2023
LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern England after the cost of the massive project, known as HS2, soared yet again. In the latest blow to a project designed to modernise Britain’s rail network and add capacity on busy tracks, the government...
Best paying jobs in transportation
Date: March 8, 2023
Best paying jobs in transportation Transportation is a major industry in the modern world, offering myriad career opportunities and generously paying jobs. With advances in technology and infrastructure, transportation has become even more important for global trade and operations. As such, many of the highest paying jobs are within this sector that involve managing complex...