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From flagship to scrapyard: First Airbus A380s to get broken up

Bloomberg Two of Airbus SE’s flagship A380 superjumbos are headed for the scrapheap after a search for new operators failed to secure firm bids. Negotiations with British Airways, Iran Air and Hi Fly, a Portuguese charter specialist, ended with no deals struck, German investment fund Dr. Peters, which manages the planes, said in a statement to shareholders. The double-decker jets, ...

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UAE agri areas to be surveyed using drones

DUBAI / WAM The Ministry of Climate Change and Environment (MoCCAE) is introducing a new project to survey and map agricultural areas using unmanned aerial vehicles or drones. MoCCAE invited several professional drone companies in the UAE to carry out the pilot phase of the project. Commencing in the second week of June, this phase will include surveying and mapping ...

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Hamriya FZ, Indian oil firm ink investment deal

SHARJAH / WAM Saud Salem Al Mazrouei, Director of the Hamriya Free Zone Authority and the Sharjah International Airport Free Zone Authority, signed an investment agreement with Ramesh Parekh, Chairman of Gandhar Oil Refinery India, to establish an integrated project to produce white oil, liquid paraffin, hydraulic liquid, transformer oil, rubber processing oil, motor oil and industrial oil. The agreement ...

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