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Why Etihad Airways will no longer fly the Boeing 777

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Etihad Airways are set to retire all of its Boeing 777 jets by the end of 2021 and will keep their A380 superjumbo aircraft grounded ‘indefinitely’ as the airline tries to recover from the pandemic.

The Abu Dhabi-based carrier has been struggling during the pandemic, with international travel grinding to a halt, and countries right across the world closing their borders.

Like many airlines, Etihad Airways is cutting costs as a way to survive.

The Gulf Carriersays the decision to remove the Boeing 777 from the fleet comes at a time where the airline focuses on a restructure.

Etihad plans to simplify its fleet and shift its focus to the Boeing 787 Dreamliner aircraft, an aircraft seen as a “more efficient” jet that has many financial benefits.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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