Passengers wait to board a Ryanair flight at Gatwick Airport in London, Britain. Reuters
SriLankan Airlines, the National carrier of Sri Lanka and a member of the reputed oneworld alliance, commemorated Vasak at its home base, Bandaranaike International Airport (BIA), Colombo recently.
Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry’s main global body said, while predicting a modest recovery next year.
The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout.
Masdar announced on Monday that it is joining forces with the Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy,
Dubai Financial Market (DFM) on Monday hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT.
The Sharjah Chamber of Commerce and Industry (SCCI), on Monday launched Sharjah’s first Portuguese Business Council, one of the most prominent outcomes of the chamber’s business council’s initiative earlier announced to set up business councils
Global stock markets sank on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese economy rebounded faster-than-expected in the fourth quarter of 2020.