Emirates is planning to ramp up operations and deploy more A380s before the end of the year as travel restrictions ease globally.
That's according to His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline and Group, speaking on the sidelines of the Dubai Airshow.
He said the airline hopes to increase its A380 capacity from 47 to 60 by the end of the year.
Sheikh Ahmed added that the decision to ramp up overall capacity was also dependent on other governments.
LVMH to sell Marc Jacobs to WHP Global, G-III as buyers raise $850 million
French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal, the companies said on Thursday.
India caps duty-free gold imports for jewellery exporters to curb demand
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
Warsh wins confirmation as Fed chair, with inflation on the march
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
Dubai Taxi Company to acquire National Taxi
Dubai Taxi Company (DTC) has announced a major expansion deal, signing an agreement to acquire National Taxi, one of the UAE’s established taxi operators, in a transaction valued at AED 1.45 billion.
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