Cabin crew of Qantas at an airport in Perth, Australia. Agence France-Presse
Qantas Airways will cut its international capacity by nearly 25% over the next six months and delay an order for Airbus A350 planes as part of sweeping changes in response to a coronavirus-led plunge in passenger demand.
Australia’s Qantas Airways picked Airbus over Boeing as the preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, dealing the US planemaker its latest setback this year.
Qantas 747s carried more than 250 million people in almost half a century of service, including Queen Elizabeth II and every Australian Olympic team since 1984.
China’s factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance and extreme weather weighed on business activity,
Trade in medical goods registered growth of 16.3 per cent in 2020 - compared with 4.7 per cent growth in 2019 when the COVID-19 pandemic was just starting,
Al Aliyo HydroFarms, a hydroponic fodder farm in the UAE, has inaugurated two warehouses in the Sharjah Food Park of Hamriyah Free Zone Authority (HFZA) with initial investments estimated at Dhs9 million.