Employees walk past a 737 Max aircraft at Boeing factory in Renton, US. Reuters
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,
Once global regulators clear Boeing Co’s 737 MAX to fly again after deadly crashes, airlines, which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. Quickly reintegrating Boeing’s 737 MAX, a fast-selling model because of its fuel efficiency,
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.
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has launched the fifth cycle of the Dubai Smartpreneur Competition, which is open to startups offering solutions related to the Expo 2020 Dubai
Hawkamah, The Institute for Corporate Governance and the International Monetary Fund (IMF) convened the sixth high-level Central Bank Governance Forum 2020 in Dubai on Jan.21-23, 2020.
A review of the World Logistics Passport initiative, which was recently launched by the UAE, took place on the sidelines of the 50th World Economic Forum in Davos, Switzerland.