Philippine Airlines has signed a deal with American aerospace manufacturer Pratt & Whitney at the Dubai Airshow. PAL has placed a firm order for 15 A321neo aircraft and secured the rights to purchase 15 more, under a Memorandum of Understanding signed with Pratt & Whitney. Deliveries are expected to begin in 2017. Philippine Airlines started operations in 1941 and flies to 35 international cities and 29 domestic destinations.
Norway wealth fund excludes six companies linked to West Bank, Gaza
Norway's sovereign wealth fund, the world's largest, said on Monday it had decided to exclude another six companies with connections to the West Bank and Gaza from its portfolio, following an ethics review of its Israeli investments.
Air Canada suspends profit forecast as striking union defies back-to-work order
Air Canada suspended its third-quarter and annual profit forecasts on Monday as its planes remained grounded after striking flight attendants refused a government-backed order to return to work and called on the airline to get back to the bargaining table.
Dubai International Chamber records 138% registration increase in H1
Dubai International Chamber has recorded a 138 per cent increase in companies under its jurisdiction in the first half of 2025, attracting a total of 143 companies.
Qantas to pay record fine of $58 million for pandemic sackings criticised by judge
A court ordered Australia’s largest airline, Qantas Airways, on Monday to pay a record fine of A$90 million ($58.64 million) for illegally sacking 1,800 ground staff during the COVID-19 pandemic and criticised it for a lack of contrition.
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One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
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