February 28, 1991 |
With an end to the Gulf War imminent, international commerce--notably air travel and shipping--is beginning to show signs of life, though the recession and concerns about terrorism are expected to stifle a full-fledged recovery. Executives at airlines, hotels and travel agencies say that bookings are up slightly, largely because of hefty air fare discounts. One hotel chain said reservations surged 25% earlier this month after America West Airlines offered half-price tickets in a three-day sale.
February 15, 1991 |
Although the U.S. military had considerable experience shuttling troops and equipment between America and Europe, little consideration had been given before the Gulf conflict to transporting troops from Germany to other parts of the world. The enemy--the Soviet Union and the Warsaw Pact--was nearby, just over the border to the east. "Units in Germany never had a deployment mission," says Col. Thomas C.
February 14, 1991
Lloyd's of London slashed insurance rates for marine cargo traveling to many Middle East locations, reflecting optimism that commercial shipping won't be damaged in the Gulf War. In an effort to get the airlines back to carrying packages for the U.S. Postal Service, the Air Transport Assn. has drafted a letter to Postmaster General Anthony Frank outlining a screening system to be used by postal workers on mail bound for passenger aircraft.
February 9, 1991 |
It is a jet-age pony express, ducking Scud missile attacks to get parcels to businessmen when even the post office is closed. Toting gas masks and antidotes for Iraq's poison gas, drivers for DHL International thread their way daily through Saudi Arabia's sun-baked Eastern Province, close to the front lines of the Persian Gulf War. It is a tricky business. Air raid warnings have delayed cargo-laden DHL turboprops headed for outlying towns.
February 2, 1991 |
In a move reflecting doubts that Iraq can effectively strike commercial targets in the Persian Gulf, insurance underwriters sharply lowered premium rates Friday for marine and air cargo going into the war-torn area. Reports coming out of London indicated that Lloyd's of London, the world's largest group of insurance underwriters, cut rates by half for marine cargo going into Qatar, Bahrain and several other Gulf ports. Marine rates into Iran were cut even further--to 0.
January 22, 1991
Ships have been warned about two more MINES reported in the Persian Gulf. The U.S. Navy warned over the weekend that merchant vessels entered the waterway at their own risk due to mine and war threats. The U.S.-led coalition of ships continues to check vessels and cargoes to make sure they comply with U.N. resolutions imposed against Iraq over its Aug. 2 invasion of Kuwait.