Transport & Logistics

Iran and Oman still working on details of an agreement on the waterway

The acquisition follows parent Chandra Asri’s purchases of Cycle & Carriage and Esso’s Singapore petrol stations

Jet fuel prices, which has more than doubled, has affected the carrier’s margins

Project will commence in Q4 2026, and span seven years

The incidents highlight a persistent shortage of air traffic controllers at Australia’s busiest airport

It comes months after the carrier and its budget unit posted a record annual loss of US$2.33 billion

Efforts to recoup soaring fuel costs through higher fares fall short, the latest quarterly results of regional carriers show

Traffic remains below normal levels

Nearly 1.5 million battery EVs have been registered in Europe so far this year