ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received …
Read More »Jet Air faces heat from India’s budget flight boom
Bloomberg Jet Airways India Ltd. was once at the forefront of India’s rapidly growing market for air travel, but a challenge from budget carriers and surging fuel prices are backing the airline into a corner. Shares of the carrier, part-owned by Etihad Airways PJSC, plunged 8.5 percent in Mumbai after the company postponed announcing its first-quarter earnings. That’s less than …
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