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Saudi Arabia hosts Future Aviation Forum 2022

Saudi Arabia hosted the Future Aviation Forum in Riyadh on May 9 and 10. The event brought together the leaders to resolve...
LATAM Airplane Take-off by Lukas Souza (Source: Unsplash)by

LATAM Airlines Receive Backing from Unsecured Creditors for Bankruptcy Exit

LATAM Airlines announced that it received unsecured creditors' backing for the chapter 11 bankruptcy exit on 6 May 2022.

Air Traffic Controllers and PANSA Sign Pact in Poland

After months of negotiations, The Polish Air Navigation Services Agency (PANSA) and representatives of air traffic controllers reached an agreement on wages...

LOT Airlines Incur Huge Losses Due to COVID-19

The COVID-19 pandemic had a significant impact on the global economy, changed the aviation sector and many airlines experienced losses. The International...
shift5

Shift5 Raises $50 Million To Prevent Cyber Attacks on The Transport System

Often, when we think about the security of systems, cyber risks in transportation never cross our minds. However, there's an electronic network...
Air Asia Planes Parked

Air Asia Want To Rename Itself As Capital A Bhd

Malaysia's leading low-cost airline Air Asia Group plans to change its name to Capital A Bhd. The Companies Commission of Malaysia has...
Cathay Pacific Logo on Tail

Cathay Pacific to Record a $720-783 million Loss for 2021

Cathay Pacific, the flagship airline from Hong Kong, is expected to incur losses between $720 million and $783 million for 2021.
Airport

Whopping $17 Billion Bid for Sydney Airport

Investors have made a $17 billion offer to purchase the gateway to Australia, Sydney Airport (SYD). Once concluded, it...
Three Flag Carrier Airways Logos in Southeast Asia from Left to RIght : Thai Airways, Garuda Indonesia, and Malaysia Airlines.

Southeast Asia’s Flagship Airways On Rough Path to Recovery

COVID-19 has hit the revenues of the three flagship airways in Southeast Asia because the number of passengers traveling has dropped.

Recent Articles

Roe vs Wade Reversal May Impact Telemedicine in US

Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Most Popular

Singapore Tops The List Of The Smart City Index 2021

The key of becoming beautiful Lion Island- a must-see destination
Bumble

Fruitz, France’s Dating App is Acquired by Bumble

Bumble Inc (NASDAQ: BMBL), in its first-ever acquisition, acquired a French dating app, Fruitz, as it is trying to strengthen its presence...

Investors Turn to Vegan-Focused Venture Capital

The quest for alternative food sources is at an all-time high, partly due to an expanding population and in part due to...
Federal Reserve Chairman Jerome Powell Cryptocurrencies

Fed’s Powell: Cryptocurrencies Are ‘Vehicles for Speculation’

Cryptocurrencies are primarily for making bets on price increases and have not reached the status of payment mechanisms, Federal Reserve Chairman Jerome...

CNN Streaming Service to Shut Down a Month After Launch

The newly formed media giant, Warner Bros Discovery (WBD), announced the closure of CNN+ on April 30. The decision marks an end...