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Boeing to Plead Guilty in 737 Max Crashes Case

Boeing  has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a USA Justice Department investigation into two 737 MAX.

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Lufthansa to Consider Raising Stake in ITA to 90%

Lufthansa will consider raising its stake in Italy’s ITA Airways to 90%, starting from early next year, the CEO of the German airline said in an interview to international media..

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Singapore Container Port Congestion Getting Worse

Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping.

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Oman Plans to Launch New Low-cost Airline

Oman is planning to launch a new low-cost airline and interested companies have time till the first week of August to express their interest in obtaining an operating licence from.

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Global Air Cargo Rates Stay Constant Despite Lull

The global air cargo rates are holding firm during what is traditionally a quieter period for the market, boosted by continuing strong demand and high spot rates from Asian and.

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New-Age Firms Join Hands to Spur Smart Mobility in UAE

Bayanat, a specialist in artificial intelligence-powered geospatial and smart mobility solutions, and autonomous vehicle (AV) technology provider Oxa, are forming a strategic partnership to advance the development and deployment of.

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DP World Plans $3bn Investment in Africa

Dubai-based global ports operator DP World plans to invest $3 billion in the next three to five years in building new port infrastructure across Africa, international media reported. The logistics.

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UAE Tycoon Scraps Plans to Launch TV Channel in Lebanon

A wealthy Emirati businessman has scrapped plans to launch a new television channel in Lebanon, with his company alleging he and his staff had faced physical threats. Khalaf Ahmad Al.

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Uber Loses Challenge to Gig Work Law

A USA appeals court has rejected a bid by Uber and subsidiary Postmates to revive a challenge to a California law that could force the companies to treat drivers as.

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Airlines Dither to Make Full Flying Time Seatbelt Rule

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.

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