The Sharjah Chamber of Commerce & Industry (SCCI) discussed ways to boost the economic ties and strategic partnerships with the Republic of Belarus in a way that serves the interests of business communities in the two countries.
marhaba launches new lounge experience at Dubai airport
DUBAI, 4 days ago Dubai-based marhaba, dnata s airport hospitality brand, is revealing a brand-new design and experience at one of its flagship Dubai International Airport lounges after an extensive renovation. Travellers can expect an entirely new marhaba offering at Dubai International Airport s Terminal 3 at the launch of the newly-designed lounge experience, set to be rolled out from Dubai to marhaba airport lounges across the world. Now complete and ready to welcome passengers travelling out of Dubai, this new lounge serves as a proof of concept for the new marhaba global lounge experience , including a variety of features set to appear across its portfolio of international lounges.
Financial hit
Middle East airlines posted losses of $7.1 billion in 2020 - or $68.47 for each passenger flown. With traffic at less than 20 per cent of 2019 levels, the cash burn has continued even with severe cost-cutting.
Meanwhile, passenger traffic in the region was down 82.3 per cent in January, compared to the same period in 2019. “Governments have long established global best practices for working together with industry and with each other - this same approach will help the re-start,” said Al Awadhi. “There are two ends to every route. Both must be prepared or the restart cannot happen.”
Oil’s rise
Adding on to airlines’ worries is rising crude prices. The Brent has surged by over 25 per cent this year as prospects of a global economic recovery become clearer.
FG plans another bailout for the sector
Unrepatriated funds of foreign airlines in Nigeria and 16 other African countries have been estimated at $601 million. x
The stuck fund is proceeds of ticket sales made in local currency but blocked due to the non-availability of foreign exchange to recoup it.
The International Air Transport Association (IATA) disclosed as it appealed to African governments to release funds and further support local carriers to increase the chances of survival amid the downtime.
In a related development, the Federal Government is contemplating another batch of bailout funds for the aviation sector, after the release of N5 billion.
April 2021 144 Dubai-based marhaba, dnata s airport hospitality brand, is revealing a brand-new design and experience at one of its flagship Dubai International Airport lounges after an extensive renovation. Travellers can expect an entirely new marhaba offering at Dubai International Airport s Terminal 3 at the launch of the newly-designed lounge experience, set to be rolled out from Dubai to marhaba airport lounges across the world. Now complete and ready to welcome passengers travelling out of Dubai, this new lounge serves as a proof of concept for the new marhaba global lounge experience , including a variety of features set to appear across its portfolio of international lounges.