DUBAI / WAM The UAE Ministry of Climate Change and Environment, a leading force in global climate initiatives, hosted ministers and over 150 high-ranking officials from 50 government and private entities at the ‘Green Retreat’. This collaborative event showcased the UAE’s dedication to addressing climate change and served as a strategic precursor to the nation’s much-anticipated hosting of the Conference ...

BLOOMBERG Airbus SE will double production capacity in China of its top-selling jet in a bold bet on future demand in one of the world’s biggest aviation markets. The European planemaker will add a second final assembly line for A320 narrow-bodies at its existing factory in Tianjin, under a deal signed by Chief Executive Officer Guillaume Faury in Beijing. The ...

BLOOMBERG Southwest Airlines Co, which promised to cut bonus payments after a late-December meltdown in flight operations, boosted short-term incentive pay for its chief executive officer and chief operations officer. CEO Bob Jordan’s bonus for 2022 rose 89% to $195,720, according to a regulatory filing by the Dallas-based airline. He received more than $5.3 million in total compensation last year, ...