CHICAGO: Boeing has posted a net loss of US$2.4 billion for the second quarter primarily reflecting the impacts of Covid-19 and the 737 MAX grounding. The aviation manufacturer saw second-quarter revenue total US$11.8 billion, down from US$15.7 billion during the same period last year. “We remained focused on the health of our employees and communities while proactively taking action to navigate the unprecedented commercial market impacts from the Covid-19 pandemic,” said Boeing chief executive, Dave Calhoun. “We are working closely with our customers, suppliers and global partners to manage the challenges to our industry, bridge to recovery and rebuild to…
Author: holidayweekly
MANAMA: Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it will resume its direct flights to and from Kuwait with scheduled operations starting from 1 August 2020. Gulf Air has been operating direct flights between the Kingdom of Bahrain and the State of Kuwait since 1959 and it has always been a key successful route within the Gulf Air’s network. The airline currently flies to and from London, Paris, Frankfurt, Manila, Athens, Cairo, Abu Dhabi, Dubai and several destinations in Pakistan. Being one of the few airlines that continued scheduled commercial operations, Gulf Air continuously works…
MADRID: Prime Minister Pedro Sanchez, who responded angrily to the U.K. ratcheting up its travel ban to Spain to include popular holiday islands, now faces the prospect of losing German tourists in the busiest summer month as well. In an interview with local broadcaster Telecinco, the Spanish leader called the U.K. decision “unbalanced” and said there were more case of the virus in Britain than in the Balearic and Canary Islands. On Tuesday, the U.K. defended its decision not to distinguish between the different regions of Spain. To make matters worse, Germany on Tuesday recommended avoiding non-essential travel to the…
KARACHI: The Chief Executive Officer (CEO) of Pakistan International Airlines (PIA), Air Marshal Arshad Malik, has unveiled a plan to commence flight operations to Turkey in August this year. Arshad Malik sought the assistance of Pakistani Ambassador to Turkey Muhammad Syrus Sajjad Qazi to play his role for the commencement of flight operations of the national carrier. The PIA CEO sent a letter to the ambassador Qazi which stated that the national carrier decided to start operating flights to Turkey from August. The resumption of flight operations needed the approval of Turkish aeronautical authority, whereas, the PIA management also wrote…
KARACHI: An important meeting between Mr. Zubair Baweja, Vice President FPCCI and the members of Karachi Marriage Hall/ Lawn/ Banquet Association was held recently at Federation House to discuss the ongoing issues faced by Wedding Hall owners due to lockdown restrictions. The meeting was attended by Mr. Rana Raees Ahmed, President; Khawaja M. Tariq, General Secretary and other representatives of Karachi Marriage Hall/ Lawn/ Banquet Association. Marriage Hall/ Banquets and lawn owners are facing multidimensional challenges due to COVID-19 and continuous of marriage halls causing hardship for more than 650,000 daily wage earners, said by Mr. Zubair Baweja, Vice President-…
ISLAMABAD: The spokesperson of the Pakistan International Airlines (PIA) said that more than 2 billion rupees have been saved by the national flag carrier after switching over to the new Information Technology (IT) system for the reservation, flight operation, and accounting. According to the details, a new IT system called Hitit Computer Services, developed by a Turkish-based IT company was implemented back in August 2018 and the Pakistan International Airlines (PIA), through this new IT system, managed to save up to Rs2 billion. It is pertinent to mention here that the key feature of this newly implemented IT system is…
MURREE: Punjab Chief Minister Sardar Usman Buzdar on Friday, July 24, assured local politicians that Murree would be divided into two administrative subdivisions. He also directed approval of building bylaws, additional funds for water supply, RMK road and Samli sanatorium projects costing millions of rupees for the Kohsar region. He was addressing a meeting at the forest rest house at Bhurban. Mr Buzdar said Murree would soon be opened for tourism with SOPs keeping in view the vision of Prime Minister Imran Khan for the promotion of tourism MNA Sadagat Ali Abbasi, municipal committee President Raja Haroon Mahfooz, Sohail Irfan…
ISLAMABAD: Special Assistant to Prime Minister of Pakistan Syed Zulfiqar Abbas Bukhari has said that year 2021 will be considered as the year of Tourism and all avenues of recreation would be opened by reviewing COVID-19 favorable situation after Eid ul Azha. He stated this while talking to a delegation of Hotels, Guest Houses, and Tourism Association in Islamabad. Central President Gulariz Khattak, Chairman Tahir Aurakzai, General Secretary Dr. Usman Qazi, Information secretary Asif Khan and Secretary Training Sulman Awan apprised about the issues and difficulties being faced by the Association Members. Zulfiqar Bukhari said that in accordance with the…
ISLAMABAD: The Civil Aviation Authority of Pakistan (CAA) has suffered a loss of Rs.30 billion in just four months due to the outbreak of the coronavirus. According to Director General Civil Aviation Hassan Nasir Jami, the Civil Aviation Authority has been losing Rs.8 billion a month in revenue since the Coronavirus, while Rs.30 billion has been lost since March. According to the DGCAA, all airlines have requested civil aviation not to charge airport charges at present. The matter is being referred to the CAA board. After the board’s approval, the airlines will start paying CAA charges after Corona implications fizzle…
NEW York: Global hotel chain Marriott International will mandate the wearing of masks for all guests in its hotels and resorts. It takes effect from 27 July, CEO Arne Sorenson said. The company has already made face masks compulsory for its hotel workers. “The hospitality industry from the start has prioritized the health and safety of our guests and associates using best practices but we can do more to protect each other and our associates,” Sorenson said. It follows recommendations issued recently by the American Hotel & Lodging Association. Marriott’s policy covers all hotels worldwide. It is ‘extending the requirement…