Earlier, interest-free loans were announced for Emiratis whose businesses were affected by the rains, with a grace period of 6 to 12 months
uae5 hours ago
The Shanghai-based airline said Monday it’s selling the Airbus A340-600 airplanes to Boeing because they have high operating costs and “relatively weak route competitiveness.”
The Airbus jets are about 8.3 years old, on average, and fly long-haul routes to New York and Los Angeles.
China Eastern said list price of the 777-300ERs is $5.94 billion but it negotiated a discount. Airlines routinely get discounts from aircraft makers, and the final selling price for aircraft is rarely disclosed.
Boeing said last week the deal needs Chinese government approval.
Earlier, interest-free loans were announced for Emiratis whose businesses were affected by the rains, with a grace period of 6 to 12 months
uae5 hours ago
Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
uae5 hours ago
Annual rents in Dubai are usually paid in two, four or six instalments via post-dated cheques
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NCM official says May 2-3 is identified as the ‘peak’ of the situation
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PSG are still involved in the Champions League in what could turn out to be the club's finest ever season
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World number three Alcaraz, 20, missed a month prior to Madrid with a forearm issue
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