Bloomberg A low-cost, low-fare carrier such as Spirit Airlines Inc. makes its living on passenger fees. That those fees, known as non-ticket revenue, dropped by more than $2 per passenger in the first quarter, compared to a year ago, might suggest a shift in travellers’ tolerance for additional charges. Spirit blames its sagging fee tally on low fares; travellers ...
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Bangkok’s ‘chaotic charm’ under threat
Bangkok / AFP For nearly a century, Thanuan has watched history sweep through the bustling maze of alleyways that make up Bangkok’s Chinatown, one of the city’s few districts yet to be devoured by malls and high-rise condos. But change is coming — and fast. A new metro service will soon plough straight into the heart of the historic quarter, ...
Read More »Meet the next sport of the modern age: Drone racing
HAWTHORNE, Calif. / AP Decked out in high-tech goggles, pilot Steve Zoumas dives low and sees the final gate zooming toward him — a 20-foot-tall metal-framed box ringed with neon. Boom! His sight goes black. The crowd lets out a collective “Whoa!†as pieces of his aircraft, which has just smashed into a concrete barrier, go flying. Zoumas is just ...
Read More »Mitsumi: Diversifying with strong vision
Our Correspondent/ Emirates Business MITSUMI is an authorised distributor for leading global IT hardware and software brands. It was found in Nairobi, Kenya, in 1996. However, over the past19 years, the company has established 10 warehouses and eight service centers in Africa and a strategic motherhub warehouse located in Jebel Ali, Dubai. While earning a good name in the ...
Read More »Dr Batra’s world’s largest homeopathic corporate
Our Correspondent / EMIRATES BUSINESS Dr Batra’s — the name that represents excellence and commitment to the health services sector — the pioneering force that aims at building values for patients, employees, partners and for the society, at large. The fundamental business strategy of Dr Batra’s is to innovate, to excel at whatever is created and to build a ...
Read More »Business excellence awardees feted
DUBAI / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and HH Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai International Marine Club, on Tuesday attended the 22nd Business Excellence Awards ceremony hosted by the Department of Economic Development(DED) in Dubai and honoured 42 winners of the Dubai Quality Award, ...
Read More »UAE President directs National Reading Law
ABU DHABI / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has given directions to start the legislative procedure of drafting a UAE National Reading Law, which aims to ensure the sustainability of all government efforts to consolidate reading in the UAE for all ages, as well as identify the key responsibilities of government ...
Read More »UAE, Egypt discuss ways to boost economic ties
DUBAI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, met with Tarek Kabil, Egyptian Minister of Trade and Industry, to discuss ways of consolidating existing economic partnerships between the UAE and Egypt, and overcoming the various challenges facing investors and businessmen, as part of efforts to promote mutual economic and trade interests and relations. During the meeting, ...
Read More »Jafza’s trade with Amsterdam reaches US$732mn in 2015
DUBAI / WAM The number of Dutch companies represented in the Jebel Ali Free Zone, Jafza, has grown steadily over the past few years, up to 105 companies in 2016, while Jafza’s trade with the Netherlands has seen continuous growth, exceeding more than US$732 million in 2015. Ibrahim Mohamed Al Janahi, Jafza Deputy CEO and Chief Commercial Officer, expressed ...
Read More »Shurooq highlights growth of Sharjah’s real estate at MEIS 2016
DUBAI / WAM Sharjah Investment and Development Authority, Shurooq, highlighted growth of Sharjah’s Real Estate Sector at Middle East Investment Summit (MEIS) 2016, held at Dubai International Financial Centre. Among the statistics being highlighted by Shurooq at MEIS 2016 were 2014 figures that revealed a 20% growth in Sharjah’s real estate market transactions when compared to 2013, with total ...
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