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.
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The total value of foreign currency transactions between banks and individuals in Uzbekistan reached 14.5 billion U.S. dollars in the first six months of 2025, reflecting a 24% increase year on year.
The South Caucasus—comprising Armenia, Azerbaijan, and Georgia—has long been a geopolitical crossroads where regional and global powers intersect.
China has accused foreign intelligence agencies of smuggling rare earth metals out of the country by manipulating shipping logistics and recruiting insiders, according to a statement from the Ministry of State Security.
An explosion at a Los Angeles County Sheriff's Department training facility has reportedly claimed the lives of three deputies, according to local media reports on Friday. However, officials have not yet confirmed any casualties.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
In the remote highland village of Ghorjomi, nestled in Georgia’s Upper Adjara region, Friday prayers at the local mosque are always full.
The Nordwind airline will launch direct flights between Moscow and Pyongyang from 27th July, the Russian Ministry of Transport announced.
U.S. State Department has announced a new awareness campaign warning Americans, especially Iranian-Americans, about the continuing severe risks of travel to Iran.
The agreement between Russia and Oman to mutually waive visas will come into force on 18th July, the Russian Foreign Ministry said in a statement.
Archaeologists in Peru have uncovered the remains of a 3,500-year-old city in the country’s northern Barranca province, shedding new light on trade and settlement patterns in early South American civilisations.
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