BLOOMBERG Deutsche Lufthansa AG is fighting a landmark ruling that toppled the European Union’s approval for its €6 billion ($6.6 billion) German recapitalisation at the height of the Covid-19 pandemic. Europe’s biggest network carrier said it filed an appeal at the EU Court of Justice against the May 10 judgment by a lower tribunal, which backed claims by Ryanair Holdings ...

BLOOMBERG US aviation regulators announced two new steps to tighten the process of approving airliner designs, actions required by Congress after crashes on Boeing Co 737 Max aircraft killed 346 in 2018 and 2019. The Federal Aviation Administration’s (FAA) policy changes will take effect in 30 days after the public and industry have a chance to comment on them, the ...

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, highlighted the importance of collective action and collective finance to strengthen sustainable development and called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives. Almheiri addressed the G20 Environment and Climate Sustainability Ministerial Meeting in Chennai, India, where ...