Dubai: New travel restrictions in the US – the world’s biggest aviation market – will deal a major blow to airlines, especially those in the UAE. The US is the latest to announce tougher travel restrictions to control the spread of COVID-19 virus. President Joe Biden on Thursday issued an executive order directing federal agencies to require
New York: Boeing Co. set a target of designing and certifying its jetliners to fly on 100 per cent sustainable fuels by 2030 amid rising pressure on planemakers to get serious about climate change. Regulators currently allow a 50-50 blend of sustainable and conventional fuels, and Boeing said Friday it would work with authorities to raise
Dubai: One route at a time – that’s how the UAE’s latest budget airline intends to build a network. “We base the decision on the prospect of Wizz Air Abu Dhabi over the long run,” said Jozsef Varadi, Wizz Air’s CEO during an interview with Gulf News. “The pandemic is obviously a disturbing factor –
London: Government bailouts for the European carrier industry are coming to fruition after France and the Netherlands vowed as much as 11 billion euros ($11.9 billion) to spare Air France-KLM, and Germany’s Lufthansa AG heads into a urgent week to work out a comparable measured salvage. The lifelines to the region’s two biggest carriers by
Toulouse: Airbus SE boss Guillaume Faury cautioned workers that the planemaker is “draining money” and necessities to immediately reduce expenses to adjust to a fundamentally contracting aeronautic trade. With airline customers fighting to survive and unable to accept new aircraft, Airbus is juggling its delivery schedules while reassessing its long-term outlook for the aerospace industry,
Additionally IN THIS PACKAGE Hong Kong penguins chill during pandemic while carers stay at work past 40 hours COVID-19: BMW drops its next supercar because of pandemic crunch COVID-19: Mercedes-Benz vehicle plants effectively restart creation Bahrain opens second field clinic for COVID-19 patients in Sitra island Dubai: Qatar Airways is intending to cut a critical
Just government backing can guarantee endurance of a larger part of worldwide transporters Distributed: May 01, 2020 16:00 Reuters American aircrafts It will take a couple of more weeks for air travel to continue in some structure. In any case, bearers worldwide will require liberal assistance from governments to endure. Picture Credit: AP Likewise IN
Taken care of’s choice to buy bonds facilitated liquidity that permitted Boeing to raise $25b Distributed: May 02, 2020 09:42 Bloomberg 200501 Boeing A specialist strolls past a Boeing 737 MAX fly at a Boeing plane assembling plant Wednesday, April 29, 2020, in Renton, Washington. As of late Boeing to raised $25 billion from private
Air payload transporter working with Government of New Zealand to offer load limit Distributed: May 02, 2020 11:44 Bay News Web Report 1.1294884-3812657392 Emirates SkyCargo has reported that that will dispatch four week by week freight administrations to New Zealand from May 3, 2020. Picture Credit: Gulf News Archive/Supplied Dubai: Emirates SkyCargo has reported that
he world has changed’ for the avionics business says Buffett Distributed: May 03, 2020 08:21 Reuters 1.1043932-3620811415 A US Airways Group Inc. Express Embraer 170 fly grounds at Ronald Reagan National Airportin Arlington, Virginia, US. Berkshire Hathaway Inc sold its whole stakes in the four biggest U.S. aircrafts in April, Chairman Warren Buffett said Saturday