Miscellaneous
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Ratings agency S&P Global on Friday affirmed its ‘AAA/A-1+’long- and short-term issuer credit assessment of the African Development Bank (AfDB) with a stable outlook.
The rating agency positively assessed the Bank’s very strong financial risk profile, very strong capital adequacy, strong funding and l… read more
The United Arab Emirates says issuance of visas to Nigeria was suspended temporarily because of the COVID-19 pandemic as against speculations of severed bilateral relations between the two countries. Earlier this week, a graphic from Flyworld travel and tour surfaced on social media, indicating that visa renewal for Nigerian… read more
Easyjet has announced it will increase the number of flights scheduled due to high demand, despite the continuing uncertainty caused by coronavirus. Johan Lundgren, CEO of the airline, said the increase in capacity will start over the next two months. He said: “I am really encouraged that we have seen higher than expected levels of demand… read more
On July 30th, a Titan Airways Boeing 757 successfully landed in Saint Helena. The aircraft is the largest passenger jet to visit the island and was an exciting day for Saint Helena Airport.
Titan Airways flew the Boeing 757 as part of a repatriation mission. The flight is bringing citizens back to the UK from Saint Hel… read more
WTM London– the event where Ideas Arrive – and Travel Forward – the travel and hospitality technology event co-located with WTM London – are working closely with partners and experts to ensure a safe and successful experience at ExCeL London (2-4 November 2020).
Detailed plans are being made for every aspect of the shows, whi… read more
South African Tourism Minister Mmamoloko Kubayi-Ngubane has said the country is set to open the tourism industry in September after months of lockdown occasioned by the coronavirus pandemic.
This minister disclosed this in an interview with CNN International Anchor Richard Quest, stated the country will focus more on its dome… read more
EU officials announced that the citizens of Australia, Canada, Georgia, Japan, Morocco, New Zealand, Rwanda, South Korea, Thailand, Tunisia, Uruguay, China will now be able to travel in the Schengen Zone.
According to the officials, the borders of the European Union will be open for the citizens of those countries only on ‘mu… read more
Airbus said on Thursday it was further cutting production of its marquee A350 jet on Thursday as it swung to a larger-than-expected second-quarter loss in the face of global pandemic.
The planemaker also said it hoped to avoid consuming cash before M&A and customer financing in the second half of the year after a q… read more
Today, when announcing its 2nd quarter results, Boeing has confirmed it would delay the delivery of its first 777X until 2022. Also, Boeing has confirmed that 747 production would end in 2022.
The 787 production rate will be reduced to 6 per month in 2021. The 777/777X combined production rate will be gradually reduced to 2 p… read more
Uganda Bankers Association (UBA) has launched the ‘No Merchant Surcharge’ Campaign dubbed “Pay with your Card @ No Extra Cost”. The campaign aims to raise awareness of the Card payment system. The campaign aims at eliminating the practice of merchants levying extra fees for electronic payments made using Point of Sale (POS) machine… read more