Global airline growth faces major hurdles from rising trade barriers and ongoing plane delivery delays amid record passenger numbers.
The International Air Transport Association (IATA) warned that escalating trade tensions and “unacceptable” aircraft delivery delays threaten the airline industry's growth and the wider economy. Despite record passenger traffic post-pandemic, airlines are frustrated by prolonged supply chain bottlenecks and delayed plane deliveries, with scheduled deliveries for 2025 down 26% from last year’s promises. IATA urged governments to exclude aerospace from trade wars and criticized energy firms for slow progress on sustainable aviation fuel (SAF), key to the sector’s net-zero emissions goal by 2050.
Major carriers like Emirates and flyadeal have voiced strong frustration over delays, calling for more transparency and accountability from manufacturers like Boeing and Airbus, both struggling with production issues. Meanwhile, airlines such as Air India are still pursuing large aircraft orders to meet future demand.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
More than 1,800 people have been arrested in a major anti-scam operation across seven Asian jurisdictions, including Hong Kong, Singapore, South Korea, Thailand, Malaysia, the Maldives, and Macao, authorities announced on Tuesday.
Latvia, Colombia, Liberia, Congo, and Bahrain—have been elected to the United Nations Security Council in an uncontested vote.
The British government has threatened legal action against Roman Abramovich to ensure that the £2.5 billion from his 2022 sale of Chelsea Football Club goes to victims of Russia’s war in Ukraine.
Ukrainian President Volodymyr Zelenskyy has signed a series of decrees confirming sweeping changes in the military command, including the appointment of Mykhailo Drapatyi as the new commander of the Joint Forces.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
More than 1,800 people have been arrested in a major anti-scam operation across seven Asian jurisdictions, including Hong Kong, Singapore, South Korea, Thailand, Malaysia, the Maldives, and Macao, authorities announced on Tuesday.
Latvia, Colombia, Liberia, Congo, and Bahrain—have been elected to the United Nations Security Council in an uncontested vote.
The British government has threatened legal action against Roman Abramovich to ensure that the £2.5 billion from his 2022 sale of Chelsea Football Club goes to victims of Russia’s war in Ukraine.
Ukrainian President Volodymyr Zelenskyy has signed a series of decrees confirming sweeping changes in the military command, including the appointment of Mykhailo Drapatyi as the new commander of the Joint Forces.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
Egypt’s Minister of Tourism and Antiquities, Sherif Fathy, has announced that a pilot visa-on-arrival program will launch at Cairo International Airport in mid-June
Tourists are being warned not to jam coins into the iconic Giant’s Causeway rocks as the practice is causing lasting damage to the 60-million-year-old formation.
Thousands of demonstrators gathered across Spain's Canary Islands, urging authorities to address overtourism and its impact on local communities, including rising housing costs, congestion, and strained services.
China will allow citizens of Brazil, Argentina, Chile, Peru, and Uruguay to enter visa-free for one year starting June 1, aiming to strengthen ties with Latin America. The move follows a forum where President Xi pledged $9 billion in credit and new investments in the region.
Starting May 1, 2025, all foreign travellers to Thailand, regardless of visa status or length of stay, must complete the Thailand Digital Arrival Card (TDAC) before being allowed entry into the country.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
More than 1,800 people have been arrested in a major anti-scam operation across seven Asian jurisdictions, including Hong Kong, Singapore, South Korea, Thailand, Malaysia, the Maldives, and Macao, authorities announced on Tuesday.
Latvia, Colombia, Liberia, Congo, and Bahrain—have been elected to the United Nations Security Council in an uncontested vote.
The British government has threatened legal action against Roman Abramovich to ensure that the £2.5 billion from his 2022 sale of Chelsea Football Club goes to victims of Russia’s war in Ukraine.
Ukrainian President Volodymyr Zelenskyy has signed a series of decrees confirming sweeping changes in the military command, including the appointment of Mykhailo Drapatyi as the new commander of the Joint Forces.
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