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Cathay Pacific in talks with pilots over compensation in savings push

Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier, is in talks with its pilots over compensation as it seeks to cut costs after reporting its worst half-half loss in at least two decades. The airline has been in discussions with its pilots over the past few months as part of its goal to become more competitive, the company said ...

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Changi Airport plans quicker check-ins with new terminal 4

Bloomberg Your next business trip to Singapore could see you breezing even more quickly through checkpoints at the world’s best airport as early as next month. Changi Airport will start operating its newest Terminal 4 on October 31, featuring automated check-in kiosks with facial-recognition software and the use of tomography scanners, which allow laptops to remain in bags during security ...

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Income of Abu Dhabi-based commercial banks up 4.1%

ABU DHABI / WAM The net income of Abu Dhabi-based commercial banks amounted to AED9 billion during Q2 2017, a growth of 4.1 percent from AED8.64 billion during the corresponding period in 2016. Net interest income amounted to AED5.268 billion during Q2 of 2017, accounting for 58.5 percent of commercial banks’ net income in the Emirate, according to the Statistics ...

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