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Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the impact of fossil fuels in commercial aviation, because hitting net zero emissions targets would not be possible with currently available options. ....
Dubai's Emirates Group on Thursday said financial year 2022-23 had been its most profitable so far, reporting an annual profit of 10.9 billion dirhams ($3 billion) and a group revenue increase of 81% to $33 billion. ....
Go Airlines (India) needs to raise funds to resume operations, its newly appointed resolution professional told employees of the troubled low cost carrier on Thursday, according to a source with direct knowledge of the matter. ....
Italian authorities and financial firms on Wednesday discussed plans to rescue Eurovita by dividing up the troubled life insurer among leading players in the industry, two people close to the matter said. ....