by Jennifer George | October 24, 2024 | Aviation, Economy, Industry, News
The Gulf Cooperation Council’s (GCC) GDP often hinges on the historic oil and gas sectors. Dubai Airports and Emirates Group published promising projections on Dubai’s booming aviation sector. The study compiled by global research firm Oxford Economics,...
by Jibran Munaf | October 24, 2024 | Aviation
Dubai’s aviation sector is poised for a major expansion, creating 185,000 new jobs by 2030, according to a new report released by Emirates Group and Dubai Airports. The report, compiled by Oxford Economics, highlights the growing impact of aviation on Dubai’s...
by Jibran Munaf | October 24, 2024 | Aviation
Boeing faced a major setback on Wednesday as its U.S. factory workers rejected a new wage deal, prolonging a strike that has severely impacted the aerospace giant’s production and financial stability. The union, representing roughly 30,000 workers in the Pacific...
by Jibran Munaf | October 21, 2024 | Aviation
Boeing is projected to incur over $1 billion in wage-related expenses from its proposed labor contract, analysts say, though the company’s shares rose 4% on Monday amid hopes of an end to a prolonged strike. About 33,000 Boeing workers are set to vote on the...
by Jennifer George | October 21, 2024 | Aviation, Industry, News
Obaid AlSuwaidi, a captain engineer at the UAE Ministry of Defense, has been selected to join the primary crew at NASA to “walk” on Mars. The 45-day Mars simulation will take place at NASA’s Johnson Space Center in Houston in November. NASA utilizes...
by Jibran Munaf | October 20, 2024 | Aviation
Boeing has proposed a new contract offering a 35% wage increase over four years in an attempt to end a lengthy strike that has paralyzed its production lines. The deal, brokered with the help of the White House, includes annual bonuses, a $7,000 signing bonus, and a...