Syrianair has issued a tender to sell one of its aircrafts. Western sanctions mean the list of potential buyers is small.
A shortage of oil products is leading to a steep increase in public transport fares across Syria. In Aleppo, Damascus and other major cities, ticket prices are increasing by around 50 percent, eating into the population’s meagre purchasing power.
The Syrian Cabinet has agreed to extend for five years the contract with the company managing the container terminal of Lattakia’s port, a local daily has reported.
The Damascus Countryside governorate has granted a 3.5-hectare property to an unidentified investor as part of a contract to build an alternative-energy bus station outside the capital. But the plan does not seem realistic in light of technical and logistical constraints.
A decision by Panama will allow thousands of Syrian sailors onboard ships that raise its flag, according to the Syrian Ministry of Transport.
Syria’s two airlines have headed in opposite trajectories in recent weeks, possibly partly because of the rift between Rami Makhlouf and the Syrian president.
An 80-km section of the M4 highway was reopened on May 25 between the towns of Tal Tamer and Ayn Issa, enabling a resumption of passenger and cargo traffic.
Traffic at the Lattakia port container terminal dropped in 2019 for the first time in four years, indicating a negative trend in Syria’s trade activity.
The US Treasury's Office of Foreign Assets Control (OFAC) has announced a settlement with SITA Airline Technology, an IT company providing services to the airline industry, over a breach of sanctions imposed on countries including Syria.
The Ministry of Transport has eased licensing conditions for airlines, paving the way for more investors to get involved in the sector.
Despite the announcement last week of the reopening of Aleppo International Airport, no commercial flight has yet been recorded at the airport.
Al-Ahliah Transport, one of Syria’s largest land transport companies, admitted in its annual financial statements that it owed an increase in its revenues last year to transporting members of the armed forces.
Despite reports that Conviasa, also known as Venezuelan Airlines, will start flying to Damascus next month, the Syrian government is still struggling to draw international airlines back to the country.
The Syrian government has taken two decisions to facilitate transport with Iraq and Jordan and boost trade with these two countries as well as with the Gulf.
The government has frozen the assets of two businessmen affiliated with Cham Wings over claims that they owe millions of dollars in unpaid bills.