Thomas Cook to undergo ‘liquidation with immediate effect’
This article was published on: September26,2019 10:11 AM
British tour operator Thomas Cook declared bankruptcy after negotiations with creditors and Chinese shareholder Fosun failed. The company will go into ‘liquidation with immediate effect’, leaving more than 600,000 customers stranded. The British authorities alone will have to repatriate more than 150,000 tourists, twice as much as when Monarch went bankrupt two years ago. TalkingRead More
Abu Dhabi crown prince wishes luck to Emirati astronauts ahead of their upcoming space mission
This article was published on: September24,2019 7:38 AM
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday, phoned Emirati astronauts Hazzaa AlMansoori and Sultan AlNeyadi, to learn about their final preparations for the September 25 mission to the International Space Station, ISS. “Your historic expedition to the ISSRead More
MRO Association of India announces Aero MRO India A & D 2019 dates
This article was published on: September22,2019 8:14 AM
MRO Association of India announces its annual two-day bespoke conference & exhibition, Aero India MRO Aerospace & Defence 2018 to be held on December 4 $ 5, 2019 at Hotel Pride Plaza, Aerocity, New Delhi. Participants in previous events include Air India Engineering Services Pvt, Ltd., SpiceJet Technik, Hindustan Aeronautics Ltd, GMR AeroTechnik, Avioil, SKM,Read More
ME defense spending to reach $100 billion in 2019
This article was published on: September19,2019 8:03 AM
Middle Eastern defense spending will reach $100 billion in 2019, led predominantly by Saudi Arabia and the UAE, according to Jane’s by IHS Markit. Out of the top 10 defence spending nations per capita, five are in the Middle East as are nine of the top 15 defence budgets per GDP. On average, Middle EasternRead More
2nd GIAS to focus more on aviation growth via fundraising and partnerships
This article was published on: September17,2019 8:13 AM
The second edition of the Global Investment in Aviation Summit will focus on enabling global aviation growth through fundraising and partnerships, the UAE’s General Civil Aviation Authority (GCAA) said. The summit, which will be held in late January 2020 in Dubai, aims at exchanging knowledge between aviation industry experts and creating partnerships to support investmentsRead More
Japan Airlines fined $300k over delayed flights
This article was published on: September15,2019 9:43 AM
The US government is fining Japan Airlines $300,000 for delays that trapped passengers on two grounded planes for hours. Under an agreement with the Transportation Department, the airline gets credit for $60,000 spent compensating passengers, and $120,000 will be waived if the airline avoids similar incidents for one year. The department says that after badRead More
Lockheed Martin signs charitable commitment with Maryland University to fund flight experiments
This article was published on: September10,2019 7:29 AM
Lockheed Martin recently signed a $3 million charitable commitment to the University of Maryland A. James Clark School of Engineering. The three-year contribution will fund vertical takeoff and landing research conducted at the university’s rotorcraft lab, and high-speed flight experiments up to Mach 8, or 6,000 mph, at the school’s hypersonic wind tunnel. It will also underwrite programsRead More
“There will be a new dawn and a brighter tomorrow very soon,” says Modi
This article was published on: September8,2019 7:39 AM
The apparent loss of India’s first moon lander Vikram has cast a pall on the country’s Chandrayaan-2 lunar mission, but Prime Minister Narendra Modi has told the nation’s space agency it must forge ahead. In a heartfelt 25-minute speech at the Indian Space Research Organisation’s Control Centre in Bengalaru late Friday (Sept. 6), Modi sought to boostRead More
