Grounded Boeing 737 MAX planes at Victorville Airport in US. Reuters
Boeing Co said that it would give $100 million over multiple years to local governments and non-profit organisations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia.
Boeing Co will take until at least September to fix a newly identified problem on its grounded 737 MAX, a company official told Reuters, meaning the workhorse jet’s return to service will be delayed until October at the earliest,
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.
Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution.
Mubadala Investment Company, through its healthcare arm, has signed a memorandum of understanding (MoU) with Nirvana Travel and Tourism to formalise their intention to collaborate on projects that will support a key Abu Dhabi Vision 2030
Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Mohammed Bin Rashid School of Government (MBRSG) to jointly build a framework of excellence
German automaker Daimler plans to build Mercedes Benz branded heavy trucks in China by revamping truck plants owned by its local joint venture (JV), according to a document seen by Reuters and two sources familiar with the matter.
The Dubai International Financial Centre (DIFC) Courts on Sunday released its figures for the first half of 2019, with a total volume of 463 cases across all divisions for the first six months of 2019, a 25 per cent increase from the first half of 2018.