AviationFeaturedKenya Airways to ground 90 percent of its fleet following Coronavirus threatInternational Finance Business DeskMarch 24, 2020 by International Finance Business DeskMarch 24, 2020 Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order... Read more
AviationFeaturedAirbus to stop production in France and SpainInternational Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The planemaker will temporarily suspend production to implement stringent health and safety conditions... Read more
AviationcoverstoryMagazineWho will bring the world to Africa?International Finance Business DeskMarch 18, 2020April 2, 2020 by International Finance Business DeskMarch 18, 2020April 2, 2020 With South African Airways collapsing into bankruptcy, the fight for dominance among African airlines has one clear winner – Ethiopian Airlines... Read more
AviationFeaturedEtihad to transfer all its Beijing flights to Daxing International Airport in JuneInternational FinanceMarch 12, 2020March 18, 2020 by International FinanceMarch 12, 2020March 18, 2020 Flights to and from Abu Dhabi and Beijing, and flights to and from Beijing to Nagoya will be moved to Beijing's iconic airport in June... Read more
AviationFeaturedJeju Air to acquire majority stake in rival Eastar Jet for $45.6 mnInternational FinanceMarch 2, 2020March 18, 2020 by International FinanceMarch 2, 2020March 18, 2020 The acquisition marks the latest restructuring efforts in South Korea’s aviation industry... Read more
UncategorizedLow-cost carriers to boost the Middle East aviation marketInternational FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 Low-cost carriers are driving growth, with a record of 9.3 percent increase in seat capacity last year, according to Centre for Aviation... Read more
UncategorizedChina aviation market growth affected by the coronavirusInternational FinanceFebruary 19, 2020March 18, 2020 by International FinanceFebruary 19, 2020March 18, 2020 The country’s aviation market has moved from third to 25th position, behind Portugal... Read more
AviationFeaturedSharjah Airport sees 13.6 mn passengers in 2019International FinanceJanuary 29, 2020March 18, 2020 by International FinanceJanuary 29, 2020March 18, 2020 The airport is expected to increase its capacity to 20 million passengers annually by 2025... Read more
AviationFeaturedInvestors reportedly show interest to buy beleaguered Malaysia AirlinesInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities... Read more
FeaturedReal EstateSharjah’s real estate transactions in 2019 touch Dh24.2 billionInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 3,328 properties spanning 46.3 million square feet in area were sold in Sharjah last year... Read more