BLOOMBERG IAG SA raised its full-year earnings outlook after reporting a surprise profit in the typically weak first quarter, highlighting how the airline industry has rapidly bounced back from the depths of the pandemic slump. The parent company of British Airways and Iberia now expects operating profit to exceed the upper end of its previous guidance, which called for a …

BLOOMBERG Go Airlines India Ltd, which went under citing Pratt & Whitney engine failures, is optimistic about resuming flights within seven days if the bankruptcy court restrains lessors from taking back its aircraft. The airline, controlled by billionaire Nusli Wadia’s group, has enough funds to sustain operations on a cash-and-carry model for about 10 days, Chief Executive Officer Kaushik Khona …

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) unveiled its first line-up of international keynote speakers, researchers and specialists participating in the specialist technical sessions and panel discussions to be held during the first Middle East and North Africa Solar Conference 2023, organised by Dewa from November 15-18. The conference is the first scientific and technical conference of its …