Airlines are showing more interest in turbulence prediction technology after two headline-grabbing incidents in recent weeks, but are holding back from making passengers stay in seatbelts at all times, according to global airline body IATA. A dramatic loss of altitude on a Singapore Airlines flight last month led to dozens of injuries and the first
Messe Frankfurt Middle East, the organisers of Logimotion, a pioneering new event for the international logistics industry, held an advisory board meeting last week to outline the key priorities for the upcoming event, which will take place from December 10-12 at the Dubai World Trade Centre. According to research, Dubai’s logistics industry is a significant
Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers’ confidence in flying, a top executive at rival Airbus has said. Christian Scherer, CEO of Airbus’ Commercial Aircraft business, told international media that the issues were “a burden for the entire industry”. “Boeing’s problems could cause more
As the number of wealthy families has grown worldwide, the number of Single Family Offices (SFOs) has also increased, from an estimated 6000-7000 worldwide just five years ago to around 10,000-15,000 today. Creating a bespoke entity to manage the complex, unique needs of a multi-generational household makes sense from many perspectives, and not just financially.
Dubai-based legal firm Habib Al Mulla and Partners will open an office in Moscow as the firm seeks to serve UAE investors in Russia. The firm, which said it is the first UAE legal firm in Russia, plans to service Emirati businesses and investments venturing into the Russian market and beyond. The new office in
China’s flagship economic cooperation programme is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to lending, investment and trade data. Chinese leaders have been citing the billions of dollars committed to new construction projects and record two-way trade as evidence of their commitment to assist with the continent’s
Leading UAE-based smart and green facilities management (FM) company Farnek, has received an award from Neutral Fuels for a significant reduction in the amount of carbon emissions generated by its transport fleet. Farnek made a commitment to transition to Neutral Fuels’ B7 blend biodiesel in 2023 and consumed more than 400,000 litres of B7 biodiesel
Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said, part of the Gulf carrier’s drive to expand its network in Africa. “We are at the final stage of an equity investment in an airline in the southern part of Africa,” Badr Mohammed Al Meer said on a panel
Aircraft delivery delays from Boeing are “extremely annoying” and cost Lufthansa lots of money, but the USA planemaker should be able to resolve its problems, the German airline’s CEO said in a newspaper interview. Lufthansa CEO Carsten Spohr was direct when asked by Switzerland’s Neue Zuercher Zeitung how badly recent setbacks at Boeing and subsequent
Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline. The company will split A$20 million between more than 86,000 customers who booked tickets on the
