Air Canada reached a last-minute pact with the pilots’ union, averting a strike that would have grounded more than 1,000 daily flights worldwide. Air Canada and the Air Line Pilots Association, representing…
Tag: reaches
Abu Dhabi's Taqa joint venture project in Saudi Arabia reaches financial closing
Dubai: The Abu Dhabi utility company Taqa has done the financial closing for a new steam and electricity cogeneration plant in Saudi Arabia. Taqa’s partner in the project – located in Saudi Arabia’s…
Europe's Ariane 6 rocket reaches orbit but suffers glitch
Europe’s Ariane 6 rocket launched to orbit during its long-awaited debut on Tuesday, but suffered a problem in space that cut short the mission just before a key test milestone. The rocket…
Saudi Arabia reaches record-breaking 112 million passenger air traffic in 2023
International travel experienced a surge, with passenger numbers reaching approximately 61 million and flight movements exceeding 394,000. King Abdulaziz International Airport emerged as the nation’s busiest hub, averaging 30 flights per hour….
India's SpiceJet reaches settlement for $91 million liabilities
“This settlement marks the biggest breakthrough in SpiceJet’s financial restructuring efforts to date,” the airline said in a statement. SpiceJet has over the last few months reached settlements with multiple lessors, including…