Recent Posts

FedEx to buy six Boeing 767 freighters for $1.2bn

  Washington / Bloomberg FedEx Corp. is buying six Boeing 767 freighters valued at $1.2 billion as the world’s biggest cargo airline continues to modernize its fleet. The six aircraft are scheduled for delivery in fiscal 2019 and 2020, according to a FedEx spokesman. They were among the options included in a 50-jet order that FedEx placed almost a year ...

Read More »

Solar Impulse 2 over halfway mark across the Atlantic

  New York / AFP The Solar Impulse 2 aircraft passed the halfway mark of its marathon flight across the Atlantic late on Tuesday, one of the most challenging legs of its historic sun-powered journey around the world. The experimental plane, which took off from New York’s John F. Kennedy airport on Monday, is being piloted by Swiss adventurer Bertrand ...

Read More »

Escalating prices mar Egypt economic revival

  CAIRO / Reuters Egypt’s efforts to relieve a crippling dollar shortage are pushing it towards a sickly combination of rising prices and lower growth, undermining hopes for economic revival after years of political upheaval. Prices have soared since Egypt devalued its currency by 13 percent in mid-March to end speculation against the pound and ease a dollar shortage that ...

Read More »
Send this to a friend