Passengers disembark from a Uganda Airlines’ plane at an airport in Nairobi, Kenya. Reuters
The COVID-19 outbreak has devastated the global aviation sector, with passenger numbers slumping during lockdown measures as air travel demand evaporates. EasyJet follows competitors British Airways, Ryanair and Virgin Atlantic, which have all slashed staff numbers to save costs.
SriLankan Airlines, the national carrier of Sri Lanka, and Gulf Air, the national carrier of the Kingdom of Bahrain, have entered into a codeshare partnership with effect from 18th December 2019,
Etihad Airways announced an encouraging 32 per cent improvement in its core operating performance for 2019 on revenues of $5.6 billion (2018: $5.9 billion).
The resounding message from Africa’s aviation community attending this year’s buzzing Aviation Africa summit held in Addis Ababa, Ethiopia, was that all stakeholders must cooperate and collaborate to achieve a sustainable aviation future.
Dubai recorded exceptional inflows of foreign direct investments (FDIs) in 2020 with 455 projects worth Dhs24.7 billion, according to data from the Dubai FDI Monitor released by the Dubai Investment Development
Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum praised the efforts of federal and local entities for their part in Expo Dubai 2020.
Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is close to making a decision on the listing of Emirates Global Aluminium (EGA),