A Ryanair aircraft in Frankfurt, Germany. Agence France-Presse
The chief of Europe’s Ryanair Holdings warned the impact of the prolonged grounding of Boeing’s 737 MAX on the airline’s growth plans may start to spill over to next summer if the airplane is not flying again by November.
Ryanair reported a 21 per cent drop in quarterly profit on Monday as price wars in several European markets drove ticket prices lower, but it stuck to its annual profit target as passengers continued to spend on onboard extras.
Virgin Australia Group went into voluntary administration in late April as the global aviation industry came to a halt amid international border closures designed to slow the spread of coronavirus.
Nationwide said its measure of house prices fell by 1.7% last month from April, the biggest decline since February 2009. In annual terms, prices rose by 1.8%, slowing from 3.7% in April.
Under the directives of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and General Supervisor of the Dubai:
The Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports and the Middle East’s largest industrial zone, broke ground for a new dedicated Truck Plaza, comprising refuelling and rest facilities with the Industrial Zone.