Alitalia’s flight attendants at an airport in Rome. Reuters
Lufthansa may permanently ground more jets to emerge leaner from the coronavirus pandemic, the German airline group said, as it reported a record 6.7 billion euro ($8.10 billion) loss for 2020.
For a year expected to mark a turning point for pandemic-stricken European airlines, 2021 is off to a rough start. A resurgence of COVID-19 lockdowns has killed off a fragile bookings upturn, executives and analysts said,
Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up Covid-19 vaccination campaigns and control virus variants, an industry group said on Wednesday.
The global investment platform, Investopia, has revealed one of the key outcomes of its annual conference held on March 2-3, 2023 in Abu Dhabi, which is the entry of international Italian companies into the UAE market through partnership agreements under the umbrella of its annual conference.
Thailand’s central bank (CB) raised interest rates by 25 basis points (bps) on Wednesday, as it attempts to bring inflation back within target while the economic recovery gathers pace against rising global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise
Adnoc Logistics & Services (Adnoc L&S) has unveiled its Integrated Logistics Services Platform (ILSP), one of the largest turnkey offshore logistics offerings in the world that enables coordinated end-to-end management of logistics and maritime operations at its base in Mussafah, Abu Dhabi.
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, successfully concluded its trade mission to Uzbekistan, Kazakhstan and Kyrgyzstan last week. During the mission, the chamber facilitated over 430 B2B meetings between representatives of