BLOOMBERG United Airlines Holdings Inc suffered a temporary grounding of its aircraft nationwide due to a software update that caused a “widespread slowdown” in its technology systems. The Chicago-based carrier requested the grounding for its main operation and regional after its aircraft were unable to contact flight dispatchers using normal means, according to a posting on the Federal Aviation Administration’s …

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) has announced that it has successfully priced a $650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s Green Bond Framework. Following an extensive global investor roadshow, the green bond priced at a spread of 125 bps above US treasuries …

DUBAI / WAM Arabian Travel Market (ATM) will convene its 31st edition at Dubai World Trade Centre (DWTC) on May 6-9, 2024, under the theme of “Empowering Innovation: Transforming Travel Through Entrepreneurship”. With exhibitors from the fields of aviation, accommodation, hospitality, attractions, technology and more, ATM 2024 will explore how innovators in the travel and tourism space are working to …