April, 2016

• 28 April

  Qatar Airways urges Airbus to resolve A350 ‘issues’

  

    Reuters Qatar Airways increased pressure on Europe’s Airbus over aircraft reliability, saying it had some “issues” with the A350 passenger jet, barely a year after it entered service. “We have some issues with the A350, which was expected because it’s a new programme. However, we feel that Airbus is losing steam in resolving these problems with the A350,” chief ...

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• 28 April

  BHS to buy chain out of administration

  

    Bloomberg BHS owner Dominic Chappell said he will seek to regain control of the struggling UK retailer that’s now in administration amid efforts to rescue the business and save 11,000 jobs. Chappell, whose Retail Acquisitions acquired BHS for a pound last year from billionaire Philip Green, is working with a group of potential purchasers and is likely to submit ...

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• 28 April

  Surging air tanker costs hit Boeing earnings

  

    NEW YORK /AFP More unexpected costs in its huge refueling tanker program for the US Air Force and slower commercial aircraft deliveries dented Boeing’s first-quarter earnings, the company reported. Boeing took a $156 million charge for unanticipated costs in the KC-46 programme, pushing earnings for the quarter ending on March 31 down 8.8 percent from a year ago to ...

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• 28 April

  Vietnam Air shares to start trading after ANA deal

  

    Bloomberg Vietnam Airlines Corp., which sold shares in an initial public offering 17 months ago, expects to get them listed “some time later this year” after closing a deal with ANA Holdings Inc., Chief Executive Officer Pham Ngoc Minh said. The shares of the state-owned carrier may start trading on the Ho Chi Minh City Stock Exchange, Minh said ...

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• 28 April

  Florida’s first sustainable town buzzes with construction boom

  

    Punta Gorda, United States / AFP With deep pockets and an environmentalist’s zeal, retired American football player Syd Kitson dreamed up a plan to build the United States’ first solar-powered town on a vast swath of rural land in southwest Florida. Now, nearly a decade after he first purchased the 91,000 acres (37,000 hectares) known as Babcock Ranch, construction is ...

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• 28 April

  ‘Pioneer’ commuters go electric in highly polluted Mexico city

  

    Mexico City / AFP Martin Vazquez glides silently through the pandemonium of rush hour in Mexico City, drives his sky-blue scooter up to a charging station and plugs it in. When Vazquez, a 28-year-old professional, moved to the Mexican capital a year ago, he drove here by car. But the city’s notorious traffic soon convinced him to sell it and ...

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• 28 April

  Traditional Chinese acupuncture: A cure for migraine

  

    Dubai / Emirates Business “More and more people in the UAE are seeking long-term and prescription-free relief from migraines,” said Deyuan Wei, founder of TongRenTang (TRT) Gulf. According to Deyuan, this is an issue that seems to be taking a toll on the stressful life of modern times, specifically adding, “we have been receiving an increasing number of patients ...

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• 27 April

  25% of Dubai buildings to be 3D printed by 2030

  

    DUBAI / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, launched the ‘Dubai 3D Printing Strategy’, a unique global initiative that aims to exploit technology for the service of humanity and promote the status of the UAE and Dubai as a leading hub of 3D printing technology by the ...

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• 27 April

  Emirates, DHA to promote medical tourism

    DUBAI / WAM HH Sheikh Ahmad Bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline & Group and Humaid Mohammad Al Qatami, Chairman of the Board and Director-General of Dubai Health Authority(DHA) signed a Memorandum of Understanding (MoU) in order to promote medical tourism in Dubai and fulfill the ...

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• 27 April

  Etihad nets US$103mn profit

  

    ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, on Wednesday announced its strongest annual financial results to date, with a net profit of US$103 million on total revenues of US$ 9.02 billion. The performance, which marked the airline’s fifth consecutive year of net profitability, also saw earnings before interest and tax, EBIT, of ...

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