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South Africa: Troubled state-owned Transnet gets $2.5 billion to meet debt obligations - Vimarsana News

South Africa: Troubled state-owned Transnet gets $2.5 billion to meet debt obligations

Some 15 freighters carrying 40,000 containers were still waiting to dock on Friday, compared with a peak of over 70,000 containers last week, Mike Walwyn, director of the South African Association of Freight Forwarders (SAAFF),

ANC throws Transnet $2.5 billion lifeline - Vimarsana News

ANC throws Transnet $2.5 billion lifeline

The SA government said it would inject $2.5 billion into beleaguered state logistics firm Transnet as it battles a huge backlog at ports.

Emirates, flyDubai order planes worth over $50bn - Vimarsana News

Emirates, flyDubai order planes worth over $50bn

Airbus says has agreement in principle with Turkish Airlines

Dubai cements super-hub strategy with $50bn jet orders - Vimarsana News

Dubai cements super-hub strategy with $50bn jet orders

Dubai’s Emirates Airline and sister airline flyDubai secured 125 Boeing wide-body jets at the opening of the Dubai Airshow.

Emirates 90-plane 777X deal to kick-start Dubai Airshow - Vimarsana News

Emirates 90-plane 777X deal to kick-start Dubai Airshow

At the Dubai Airshow, Middle East carriers, particularly Emirates, are expected to place significant orders for long-haul jets, boosting confidence in Boeing's 777X despite delays. A potential order for 90 Boeing 777X jets, valued around $40 billion, is on the horizon. The show may also see flyDubai ordering more Boeing 737 MAX jets. Meanwhile, Turkish Airlines is in talks to buy up to 355 Airbus jets, intensifying competition. The impact of the Israel-Hamas war on travel demand and the possibility of arms deals amid the conflict add complexity to the aerospace event.