Bloomberg Vietnam airlines bought 40 airplanes worth $6.5 billion from France’s Airbus on Tuesday, as President Francois Hollande visited the communist nation to drum up business ties with one of Southeast Asia’s fastest-growing economies. The deal is the latest move by Vietnamese aviation giants to boost fleets and feed demand from a mushrooming middle class with money to burn …
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September, 2016
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6 September
Bombardier sees Macri boosting Argentina business-jet market
Bloomberg Bombardier Inc. expects that business-jet sales will recover in Argentina now that a new government has taken power, helping to offset weakness in Brazil and Venezuela. “Argentina has reopened for the past seven months, and we’ve seen tremendous traction,’’ said Stephane Leroy, sales head for the region. “We had virtually nothing for three years because customers couldn’t buy …
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6 September
Computer outage hits British Airways flights
Bloomberg British Airways said a computer outage brought down its airport check-in system, causing delays to services across its global network and prompting staff to issue passengers with handwritten boarding passes in order to keep flights operating. “We’ve experienced some problems today, which our IT teams are working to resolve as quickly as possible,†the airline said Tuesday via …
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6 September
GE spends $1.4bn on 3-D printer-makers for jet engines
Bloomberg General Electric Co. announced $1.4 billion in European acquisitions to add 3D printing technology to manufacture parts for jet engines and cars. The US company agreed to buy Sweden’s Arcam AB for 5.86 billion kronor ($680 million), alongside a separate transaction to acquire SLM Solutions Group AG of Germany, it said in a statement on Tuesday. GE’s aviation …
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6 September
LaCompagnie shuts premium London route on Brexit concern
Bloomberg French business class-only airline LaCompagnie announced plans to halt flights between London and the New York area as a result of the UK’s vote to quit the European Union, just days after British Airways said it was reducing its own premium service between the cities. LaCompagnie will cease its four-times weekly operations between Luton, northwest of London, and …
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6 September
Workplace ergonomics in the spotlight
Abu Dhabi / Emirates Business Mental health and ergonomics will be among the key sessions at an Abu Dhabi worker health protection conference this month, as Middle East occupational hygiene professionals obtain fresh insights into a shifting regional dynamic of workplace hazards. The 3rd BOHS Worker Health Protection Conference, co-organised by The Chartered Society for Worker Health Protection (BOHS) …
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6 September
Expo Centre Sharjah unveils new look for Mideast jewellery show
Dubai / Emirates Business After the extraordinary success of its landmark 40th edition, the region’s most popular watch and jewellery show is once again set to cast its magic on jewellery lovers. The 41st MidEast Watch & Jewellery Show will bring global spotlight on the regional jewellery market and its celebrated passion for gold and diamond creations from September …
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6 September
GulfNav inks settlement pact with NAT
Emirates Business Gulf Navigation Holding PJSC (GulfNav) and Nordic American Tankers (NAT) are pleased to announce that they have signed a new settlement agreement and the long standing debt that GulfNav owed to NAT has now been settled fully and finally pursuant to the terms. The new management of GulfNav have been and are working intensively to clear all …
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6 September
Etisalat Award for kids gets over 150 entries
Dubai / Emirates Business The Etisalat Award for Arabic Children’s Literature has announced that it received 151 entries from 13 Arab Countries by the deadline for its eighth edition. Organised by the UAE Board on Books for Young People (UAEBBY) and sponsored by Etisalat Group, this year’s edition marks the highest rate of participation since the award’s inception in …
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6 September
UAE Exchange associates with the AFC as sponsor
Emirates Business The leading global remittance, foreign exchange and payment solutions brand, UAE Exchange announced that it has signed up with the Asian Football Confederation (AFC) as an official sponsor of national football competitions from 2016 till 2020. With this association, UAE Exchange becomes the first and only remittance and foreign exchange house to join the official sponsors’ brandwagon. Speaking …
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