Employees walk past a 737 Max aircraft at Boeing factory in Renton, US. Reuters
Boeing Co will take until at least September to fix a newly identified problem on its grounded 737 MAX, a company official told Reuters, meaning the workhorse jet’s return to service will be delayed until October at the earliest,
Once global regulators clear Boeing Co’s 737 MAX to fly again after deadly crashes, airlines, which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. Quickly reintegrating Boeing’s 737 MAX, a fast-selling model because of its fuel efficiency,
Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution.
The Dubai International Financial Centre (DIFC), a leading financial hub in the Middle East, Africa and South Asia (MEASA) and home to the largest, most advanced financial innovation ecosystem in the region,
Dubai Land Department, DLD, has said that the real estate sector significantly contributed to GDP growth in the Emirate.
The direct contribution of travel and tourism to the Middle East’s GDP is predicted to rise by 4.2 per cent per annum to $133.6 billion by 2028 — driven in part by additional tourists to the region as a result of mega-events,