Singapore Airlines’ flight crew at an airport in Sydney, Australia. File/Agence France-Presse
Singapore Airlines said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.
Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshare agreements as well as cargo and aircraft maintenance, the companies said.
Hotel occupancy rates of Singapore have climbed to their highest in over a decade as travellers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.
World stocks remained on course for their best month ever on Friday as recent vaccine progress, Joe Biden’s US presidential election win, hopes for further stimulus, a commodity surge and descending dollar all lifted the spirits.
Ras Al Khaimah: Ras Al Khaimah International Airport (RAK Airport) on Friday welcomed the first scheduled SpiceJet passenger flight, with the aircraft’s arrival heralding the commencement of both a new phase of operations for the UAE transport
The UAE has taken a leadership role in the Middle East region in technology adoption in real estate sector. Dubai has largely been responsible for changing the mindset when it comes to adopting new technologies.