A Budget Airline in Europe Declared Bankruptcy

Romanian low-cost airline Blue Air went bankrupt. The Bucharest Tribunal accepted the company’s request on March 21, according to an official announcement on the court’s website, cited by Finance newspaper. Several names are on the list of creditors, including the Romanian Air Traffic Services Administration – ROMATSA, Air Claim, Avram Iancu International Airport in Cluj […]

“Open Job Positions for Men and Women at the New Riyadh Airlines, Qualifications Required and Application Process Unveiled”

Al-Marsad Newspaper: Riyadh Airlines announced, through its official website (the employment portal), the opening of applications (men/women) to fill more than 30 jobs for high school, diploma, and bachelor’s degrees, in various specializations, in Riyadh, according to the following details: Required Qualifications: – high school. Diploma. – BSC. – Masters. job opportunities: 1- Senior Manager […]

Al Ansari Financial Services offers 10% of its shares on the Dubai Financial Market

Mubasher: Al-Ansari Financial Services Company, which is based in the UAE, said today, Thursday, that it intends to offer 750 million shares on the Dubai Financial Market through an initial public offering, representing 10% of the value of the company’s issued capital.. The company added, in a statement, that the subscription period for the initial […]

Canadian “Aimco” Asset Management explores investment opportunities in Abu Dhabi

Abu Dhabi – Mubasher: A company is exploring AimcoCanadian Asset Management, investment opportunities and building relationships with the largest sovereign funds in Abu Dhabi and the world. Evan Sidal, CEO of the company, said that investing in the UAE is one of the attractive offers due to the local currency’s peg to the dollar, as […]

3 Bolts Only Import

Jakarta – Chairman of the Indonesia National Air Carrier Association (INACA) Denon Prawiraatmadja said the Ministry of Industry continues to encourage Indonesia to produce its own spare parts. But unfortunately, this step is still hampered by bureaucracy which makes it difficult so that imports must still be carried out. “But until now there are still […]

Employees Mass Strike, This Airline Cancels 1,300 Flights

Jakarta – airline Lufthansa canceled more than 1,300 flights scheduled for Friday. This comes after the Verdi union declared a full-day strike. The strike took place at seven airports in Germany, including Frankfurt, Munich and Hamburg. For information, Lufthansa is one of the largest airlines in Europe. In its statement, Lufthansa stopped its operations in […]