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$1 trillion airport spree puts S’pore, Hong Kong on notice

Bloomberg For decades, Singapore and Hong Kong have reigned supreme: as key transit points connecting travellers in Asia to and from the rest of the world. But now, a $1 trillion global airport spree is threatening the status quo. About half that money is due to be spent on upgrading or building new airports in Asia, the Sydney-based CAPA Centre ...

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GCC travellers help drive record visitor numbers to Ireland

DUBAI / Emirates Business GCC visitors have helped to drive record visitor numbers to Ireland according to Tourism Ireland, the organisation responsible for promoting the island of Ireland overseas as a leading holiday destination. GCC countries are an important developing market for Ireland, contributing to a 20.6% rise in its segment for the period January to June this year. Overall, ...

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Airbus slashes superjumbo output

Bloomberg Airbus SE said it will almost halve production of its slow-selling A380 superjumbo, casting further doubt over the program’s future, while warning that engine glitches are still weighing on deliveries of the single-aisle A320 that’s due to become its largest-volume model. The A380 build rate will be reduced to eight jets a year in 2019, down from 15 this ...

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