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Saudia gets new chairman

  DOHA / Reuters Saudi Arabia appointed a new chairman of Saudi Arabian Airlines (Saudia) by royal decree in a management shake-up. Ghassan bin Abdulrahman Al Shabal was appointed chairman of the board of directors of the state-owned airline, said Saudi state news agency (SPA). Shabal will replace Sulaiman Al Hamdan, according to the airline’s website. SPA said representatives of ...

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The best and the worst performing airlines of 2016

  Bloomberg For those who insist that traveling is all about the journey, we say this: It really depends on which carrier you’re flying. Aside from variations in cabins and service quality, there’s the major concern of how likely you are to get delayed. Fly on the wrong airline and your odds of a delay are as high as 55 ...

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China’s biggest money fund braces for more liquidity shocks

  Bloomberg China will face more frequent liquidity shocks this year, according to the manager of the nation’s biggest money-market fund, which plans to hold extra cash to protect against the risk of rising redemptions. The government’s efforts to curb risk in the financial system and support the sliding yuan are likely to ‘over-stretch a rope that’s already tight,’ said ...

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