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Shrinking pool of future pilots keeps major airlines on edge

  New York / Bloomberg After coping with terrorism, bankruptcies and consolidation, the largest US airlines are facing a new problem: They may start running out of pilots in as soon as three years. That looming pilot deficit will soar to 15,000 by 2026, according to a study by the University of North Dakota’s Aviation Department, as more captains reach ...

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Mohamed issues resolution to merge IPIC, Mubadala

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, issued a resolution to merge International Petroleum Investment Company (IPIC) and Mubadala Development Company, Mubadala. The resolution stipulated that a joint committee be created and assigned with the ...

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Masdar, EDF joint bid for Abu Dhabi solar plant

  Bloomberg Masdar and Electricite de France SA are jointly bidding to build a 350-megawatt solar power plant in Abu Dhabi as OPEC’s fifth-largest oil producer diversifies electricity sources to meet burgeoning demand. The partners plan to make the bid “as competitive” as the record-low offer that this week won Masdar the right to build a solar facility in neighboring ...

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