February, 2022

• 16 February

  flydubai resumes flights to Istanbul’s second airport

  

    Dubai / WAM flydubai, the Dubai-based airline, has announced that it will resume flights to Istanbul’s Sabiha Gökçen Airport (SAW) from March 2 with five flights a week. With flydubai’s daily flights to Istanbul Airport (IST), the airline will increase its flight frequency to Istanbul to 12 flights a week. flydubai’s network in Turkey also includes the capital, Ankara, ...

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• 16 February

  UAEU student obtains patent for aircraft body drill

    AL AIN / WAM Maryam Al Kaabi from the College of Engineering at the United Arab Emirates University (UAEU) has invented a drill for aircraft body, while working on a “Mubadala”-launched initiative to support the university students’ research. Al Kaabi, who holds a Bachelor’s degree in Mechanical Engineering and a Master’s degree from the UAEU, said, “I was part ...

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• 16 February

  Adafsa launches ‘agricultural supplies exhibition’

  

    Abu Dhabi / Gulf Time The Abu Dhabi Agriculture and Food Safety Authority (Adafsa), launched an “Agricultural Supplies Exhibition”, that will feature for a week at the Sheikh Zayed Festival in Al Wathba, in collaboration with its partners and agricultural equipment suppliers, along with agents of international companies specialised in agricultural products, for visitors to the “Agricultural Oasis” being ...

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• 16 February

  Ukraine can learn from Finland’s USSR experience

  

  Diplomatic efforts to forestall Russia’s threatened attack on Ukraine still aren’t over — and it appears that discussing Ukraine’s future relationship with Nato isn’t quite as unthinkable as the US and its allies have maintained. That’s good. Making a success of any such approach won’t be easy but, if the alternative is war, it’s worth a try. Shuttling between Moscow ...

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• 16 February

  3M adds yet another legal worry

  

  One frequent criticism of conglomerates is that their complex structures can make it more difficult to get proper credit from investors for all of their good assets and growth opportunities. But the axiom can also work in the reverse, apparently. 3M Co has so many problems at the moment — a potentially mammoth liability tied to legacy manufacturing of per- ...

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• 16 February

  Taxpayers miss out on ‘pandemic profit deals’

    Container-shipping companies have found lots of ways to spend their enormous pandemic profits. They’re lifting staff pay, making acquisitions and returning heaps of cash to shareholders. One person who won’t benefit much is you, the taxpayer. Based on their recent financial filings, I calculate big European container lines AP Moller-Maersk A/S, CMA CGM SA and Hapag-Lloyd AG owe just ...

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• 16 February

  Joe Biden’s $7 billion betrayal of Afghanistan

    Out of all the actions the Biden Administration could have taken on Afghanistan, commandeering the nation’s foreign currency reserves is, to put it mildly, unhelpful. In an executive order, President Joe Biden began the process of releasing the $7 billion in Afghan Central Bank funds held in the Federal Reserve. It froze those assets last August when the Taliban ...

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• 16 February

  SpiceJet returns to profit after seven coronavirus-hit quarters

  

    Bloomberg SpiceJet Ltd delivered on its chairman’s word and posted a surprise profit after making losses for seven straight quarters as ebbing Covid-19 cases paved the way for a relaxation in movement curbs and boosted domestic air travel. India’s third-largest budget airline posted a net income of 232.8 million rupees ($3.1 million) in the three months ended on December ...

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• 16 February

  US’s Joby, ANA team up to bring flying taxis to Japan

  

    Bloomberg Flying from Japan’s Osaka station to Kansai International Airport could take just 15 minutes based on plans laid out by flying-taxi startup Joby Aviation Inc. and the country’s biggest airline. Joby and ANA Holdings Inc will work together to bring aerial ridesharing to Japan for the first time, according to a statement. Toyota Motor Corp will join the ...

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• 16 February

  Boeing is converting even more aircraft into cargo freighters

  

    Bloomberg Boeing Co, which has almost doubled its capacity to turn passenger jets into freighters since the pandemic began, is considering adding even more as demand for air cargo extends into 2022. “There could be additional lines in the Asia region,” Ted Colbert, head of Boeing’s global services division, said during an interview with Bloomberg at the Singapore Airshow ...

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