Emirates Business The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased 1.8% in January 2019, compared to the same period in 2018. This was the worst performance in the last three years. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 4.0% year-on-year in ...

Bloomberg A four-month-old Ethiopian Airlines Boeing plane en route to Kenya’s capital, Nairobi, crashed on Sunday, killing all 149 passengers and eight crew, the airline said in a statement. The crash is the second in five months involving a Max 8 after a Lion Air plane that had been delivered only 2 1/2 months earlier nose-dived into the Java Sea ...

DUBAI / WAM In 2018, Dubai external trade through the Dubai Creek made AED14.54 billion ($3.96 billion) (AED13 billion in re-exports, AED1.246 billion in exports, and AED328 billion in imports), according to Dubai Customs chief. Dubai Customs always provides support to the maritime sector towards a more diversified economy in line with the Dubai Plan 2021. This helps in facilitating ...