AviationFeaturedIATA: Airlines need $250 bn bailout package to survive Covid-19 outbreakPritam BordoloiMarch 18, 2020March 19, 2020 by Pritam BordoloiMarch 18, 2020March 19, 2020 Global air travel down by 94 percent... 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
AviationFeaturedEmirates suspends flights to 30 destinations amid Covid-19 pandemicPritam BordoloiMarch 17, 2020 by Pritam BordoloiMarch 17, 2020 The carrier will stop flying to Turkey, Jordan, Lebanon, Iraq, Cyprus, Malta and Portugal... Read more
BankingFeaturedGulf central banks cut rates to tackle slowdown caused by Covid-19Pritam BordoloiMarch 17, 2020March 18, 2020 by Pritam BordoloiMarch 17, 2020March 18, 2020 The Fed recently slashed its interest rates to nearly zero... 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
AviationFeaturedEtihad Airways to fly its Boeing 987-9 Dreamliner jet to ViennaPritam BordoloiMarch 10, 2020March 10, 2020 by Pritam BordoloiMarch 10, 2020March 10, 2020 Etihad will fly daily to Vienna in Austria from December 1, 2020... Read more
AviationFeaturedDubai Airports establish Airport Operations Control Centre for smooth operationsInternational FinanceMarch 6, 2020March 18, 2020 by International FinanceMarch 6, 2020March 18, 2020 The facility’s realtimeDXB platform will monitor airport operations in real-time and process millions of data across two airports... Read more
AviationFeaturedCoronavirus may lead to losses of $4.9 bn for Middle East airlinesPritam BordoloiMarch 6, 2020 by Pritam BordoloiMarch 6, 2020 With new coronavirus cases being reported in the Middle East, passenger numbers are expected to drop by 23%... Read more
AviationFeatured2020: Coronvairus to see African airlines lose $40 mn in revenuePritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 Many African airlines such as EgyptAir, RwandAir and Kenya Airways have suspended flights to China... 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