Bloomberg Ryanair Holdings Plc predicted that its customers will embrace Boeing Co’s stricken 737 Max jetliner once the model returns to service after being grounded in the wake of two air crashes in five months. “We see no indication yet from passengers of any concern about the Max aircraft,” Chief Executive Officer Michael O’Leary told Bloomberg TV in an interview ...

Bloomberg Indonesia signalled it may ground Boeing Co’s 737 Max until next year, underscoring the challenges faced by the US planemaker as it races to get its fastest-selling jet back in the air after two fatal crashes. Even when the US Federal Aviation Administration (FAA) clears the plane, Indonesia will make its own decision after reviewing the proposed fixes, Director ...

Bloomberg US airline investors may see the three legacy carriers perform differently in the near future, Morgan Stanley analyst Rajeev Lalwani wrote in a note. United Continental Holdings Inc is likely to see upside to earnings, while American Airlines Group Inc may observe a cost reset from labour, Lalwani said. Shares of Delta Air Lines’s has finally started getting some ...

Bloomberg Niki Lauda, the Austrian race-car driver who survived a near-fatal crash to win three Formula 1 world championships and went on to found his own airline, has died, German news agency Deutsche Presse-Agentur (DPA) reported. He was 70. Lauda died in his sleep surrounded by family, a family spokeswoman told DPA in a statement. He received a lung transplant ...

Bloomberg Nordstrom Inc has set a date for the opening of its Manhattan flagship location as construction continues on the department-store chain’s biggest-ever bet. The retailer plans to throw open the doors of its seven-story, 320,000-square-foot store on West 57th Street on October 24, a spokeswoman for Nordstrom confirmed. With Nordstrom and rival Neiman Marcus both coming to town in ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, said that the UAE’s social cohesion has made it an international model of cultural dive- rsity, as over 200 nationalities live together in the country. In a statement marking World Day for Cultural Diversity for Dialogue and Development celebrated annually on May 21, She- ikh Nahyan said ...

Bloomberg Oil rose after Saudi Arabia and other Opec+ members signalled their intention to keep supplies constrained, while US President Donald Trump ratcheted up tensions with Iran. Futures in New York jumped as much as 1.7%, before paring some of those gains. Saudi Energy Minister Khalid Al-Falih urged members of Opec+ gathered in Jeddah to “stay the course” on output ...

Dubai / Emirates Business Dubai will host 40 global travellers for a ‘one-of-a-kind’ summer extravaganza as part of #BeMyGuest campaign by Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism). The multi-award-winning programme featured an exclusive social gamification component, inviting Bollywood icon Shah Rukh Khan to help him solve clues around the city in a mysterious, six-part mini-series. With the ...

DUBAI / WAM To promote the values of tolerance and giving, the Telecommunications Regulatory Authority (TRA), launched a series of charitable initiatives during Ramadan, including “A dirham of culture… a kantar of happiness”, “Al Mir Al Ramadani”, and “Iftar with senior citizens”. Speaking about these initiatives, Hamad Obaid Al Mansoori, the TRA Director-General, said, “During the Holy Month of Ramadan, ...

ABU DHABI / WAM Participants at the 10th Zayed Humanitarian Work Forum praised the humanitarian efforts of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation. They also praised Sheikha Fatima’s support for various volunteer programmes concerning women and children, ...