Delays to the certification of Boeing’s 777X long-haul aircraft are costing billions and infuriating top customer Emirates, but the US manufacturer is banking on the model as air traffic rebounds. While still in its testing phase, the world’s largest passenger jet flew for the first time outside the United States this week at a major …
Emirates airline said it was on the path to recovery from the Covid pandemic on Wednesday as six-month losses dropped by more than a half from a year earlier. The Dubai-based carrier posted an April-September loss of $1.6 billion, compared with $3.4 billion during the same period in 2020. “Across the group, we saw operations …
Emirates Airline On ‘Recovery Path’ As Losses Cut By Half Read More »
FILE PHOTO: A screen in the Dubai Stock Exchange in Dubai, United Arab Emirates, November 8, 2020. REUTERS/Abdel Hadi Ramahi March 24, 2021 By Hadeel Al Sayegh DUBAI (Reuters) – Firms in the United Arab Emirates are increasingly seeking fast-track listings in New York through mergers with special purpose acquisition companies (SPACs), posing a fresh …
SPACs cause headache for Emirates bourses struggling to attract listings Read More »
