Qantas employees take selfies at Sydney Airport in Australia. File/Reuters
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials.
Qantas Airways, which hopes to buy planes this year for record-breaking 21-hour flights between Sydney and London has two hurdles left to overcome: getting pilots and Australia’s aviation regulator to agree to unprecedented duty times. Airlines around the world are planning
Airlines including British Airways, Qantas and KLM said they were suspending flights over the Strait of Hormuz in line with a ban by US authorities, after Iran shot down a US drone.
Australia’s airlines are taking measures to save from cut-throat competition in the aviation industry, especially in the domestic sector. Margins at Australian airlines have been squeezed by fuel costs and weakness in consumer spending,
The automobile industry in India is the world’s fourth largest. India was the world’s fourth largest manufacturer of cars and seventh largest manufacturer of commercial vehicles in 2019.
Saudi Arabia transferred a total of 150 billion riyals ($40 billion) from the Saudi Arabian Monetary Authority’s foreign exchange (forex) reserves to the Kingdom’s Public Investment Fund in March and April.
The Sharjah Chamber of Commerce & Industry (SCCI), and Sharjah Islamic Bank (SIB) recently held a virtual joint meeting to discuss the latest developments of the impact of the new coronavirus (COVID-19) on the economy and explore avenues of the mutual cooperation to stimulate businessmen.