ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Airbus books slew of lost orders as deliveries lag output
Bloomberg Airbus SE suffered a surge in order cancellations last month as Norwegian Air Shuttle ASA scrapped narrow-body jet purchases and a wave of coronavirus lockdowns pushed back expectations for a revival in air travel. The European planemaker lost 92 commitments in February, it said in a statement, 88 of them from the Scandinavian discounter, which is seeking to restructure …
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