Tuesday, May 23, 2017

Business News

Abu Dhabi airport sees 5.6% rise in passenger traffic

Abu Dhabi International Airport handled more than 2 million passengers in April, which is a 5.6 per cent year-on-year increase. The numbers were mainly driven by a surge in traffic to and from India, Saudi Arabia and the UK. However, total aircraft movement during the month dropped nearly 4 per ...

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Cathay Pacific to cut 600 jobs in major shake-up

Hong Kong’s flagship carrier Cathay Pacific will cut nearly 600 jobs as part of the biggest restructuring in two decades. The airline blamed overcapacity, a strong Hong Kong dollar and mounting competition from mainland Chinese carriers for the staff shake-up. The airline said most of its restructuring will be finished ...

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Over 275,000 goods recalled in Q1 2017

The Ministry of Economy says it recalled more than 275,000 goods in the first quarter of this year, with vehicles making up 60 per cent of them. They also included more than 90,000 electronic devices and almost 20,000 children’s items. The consumer protection department has a new policy on informing ...

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Etihad Airways to launch A380 flights to Paris

Etihad Airways has announced plans to introduce an A380 aircraft on the Abu Dhabi-Paris route, starting July 1. “Paris is one of our busiest and best performing European routes, so the deployment of this upgraded service will provide benefits to travellers to and from Abu Dhabi, and our popular connecting ...

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