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Homeland Security Secretary John Kelly said he may ban laptop computers in the cabins of all international flights into and out of the U.S. amid continuing terrorist threats to bring down airplanes, but that a final decision hadn’t been made, he told Bloomberg.
Anti-terrorist officials in the U.S. are considering expanding the restrictions on carrying electronic devices in airline cabins beyond the handful of Middle East airports currently covered, according to Bloomberg.
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa, reports Bloomberg.
Aircraft-leasing company Dubai Aerospace Enterprise Ltd. said it sees scope for the purchase of its first new-generation Airbus SE A320 and Boeing Co. 737 short-haul jets as the takeover of AWAS Aviation Capital Ltd. propels it into the top ranks of global players, according to Bloomberg
While Etihad Airways PJSC let Alitalia SpA slide into bankruptcy after workers spurned a restructuring plan, the Persian Gulf carrier is showing more patience with its other ailing European asset, according to Bloomberg.
Emirates has seen U.S. traffic slip following President Donald Trump’s efforts to ban travel from six Muslim-majority countries and restrict electronics on flights from Mideast airports, reports Bloomberg.
Dubai Aerospace Enterprise Ltd., the Middle East’s biggest plane-leasing company, propelled itself into the top ranks of global players with a multi-billion dollar agreement to buy Dublin-based AWAS Aviation Capital Ltd. from U.K. private equity firm Terra Firma Capital Partners, says Bloomberg.
Middle Eastern carriers seized on the social media storm surrounding the forced removal of a passenger from a United Airlines flight to mock one of the arch-critics of their breakneck expansion, according to Bloomberg.
U.S. airlines stand to benefit from flight cutbacks by Dubai-based Emirates, which blamed President Donald Trump’s travel restrictions for weakening demand from Middle Eastern passengers, reports Bloomberg.