Airbus Shares Plunge as Company Downgrades 2024 Financial and Production Forecasts
Airbus shares took a significant hit, dropping 9.5% on Tuesday following the aerospace giant’s unexpected announcement that it was lowering… Read More »
HX Debuts Exciting Greenland Itineraries and Announces Partnership with Air Greenland for 2025
HX, formerly known as Hurtigruten Expeditions, is enhancing its 2025 cruise offerings with an exciting new partnership with Air Greenland…. Read More »
U.S. Sanctions Impacting China’s AI Chip Production: Huawei’s Struggle with Ascend 910B
The U.S. government’s sanctions against China’s advanced technology efforts are proving effective, particularly in the field of AI chip production…. Read More »
Meta Launches New AI Startup Accelerator in Europe: Opportunity and Risks Abound
Meta has unveiled its latest initiative, an AI startup accelerator in Europe, amidst growing scrutiny of big tech’s influence in… Read More »
From Meta to Mastery: EvolutionaryScale Raises $142 Million to Revolutionize Protein Generation with AI
In a notable shift following Meta’s strategic downsizing in August 2023, which saw over 20,000 layoffs as part of Mark… Read More »
Apple’s Stock Rises Following AI Innovations at WWDC, Analysts Predict Continued Growth
Apple’s stock has experienced a notable uptick following the showcase of new AI advancements at the recent Worldwide Developers Conference… Read More »
Carnival Corporation Surpasses Profit Expectations and Sets New Booking Record for 2025
Carnival Corporation & plc, a leading player in the cruise industry, has once again raised its annual profit forecast, signaling… Read More »
Unveiling the Lucid Air: Not Just Any Electric Vehicle
The Lucid Air, a full-size electric sedan, is shattering perceptions with its exhilarating performance and cutting-edge technology, proving that excitement… Read More »
Ferrari CEO Ensures Emotion Preserved in Upcoming All-Electric Supercar Model
Ferrari is gearing up to launch its first all-electric model, maintaining the emotional driving experience synonymous with its supercars, according… Read More »
Amazon May Further Slash Alexa Funding If Paid AI Voice Assistant Underperforms, Bank of America Predicts
Bank of America analysts have issued a warning that Amazon could implement additional cuts to its Alexa division if the… Read More »
UPS Sells Coyote Logistics to RXO for $1.025 Billion
United Parcel Service (UPS), the world’s largest package delivery company, has agreed to sell its Coyote Logistics unit to logistics… Read More »
Discover the Charm of Kigali at The Governor’s Residence: A Blend of Luxury and History
The Governor’s Residence in Kigali, Rwanda, stands out as a premier boutique hotel that offers a unique combination of luxury,… Read More »
Ambassador Cruise Line Sets Sail for North America with New U.S. Office and Dedicated Services
Ambassador Cruise Line, originally based in the United Kingdom, is making significant strides into the North American market by establishing… Read More »
Apple Faces New EU Antitrust Charges Under Digital Markets Act, Holds Back AI Features in Europe
Apple is now officially the first company to face preliminary antitrust charges under the European Union’s new Digital Markets Act… Read More »
Nvidia to Launch in Middle East Amid U.S. AI Export Curbs, Ooredoo CEO Says
Nvidia has entered into a significant agreement to deploy its advanced artificial intelligence technology at data centers operated by Qatari… Read More »
Microsoft in Talks with AI Startup Adept, But Denies Acquisition Plans
Adept, an emerging AI startup that has garnered over $400 million in funding since its inception two years ago, has… Read More »
Nassau Paradise Island Promotion Board Prepares for Routes Americas 2025
Nassau Paradise Island Promotion Board, a key co-host of Routes Americas 2025, shared insights with Routes in Bogota about its… Read More »
Syracuse Hancock International Airport: Winning Strategies and Future Plans
Syracuse Hancock International Airport (SYR) celebrated its victory in the Routes Awards Under 5 Million Passenger category at Routes Americas… Read More »
IHG Hotels & Resorts to Revive the Legendary Coco Palms Resort in Kauai as a Luxury Kimpton Property
IHG Hotels & Resorts is set to expand its presence in Hawaii with the introduction of the Coco Palms Resort… Read More »
Airlines Impacted as Germany’s FTI Touristik Files for Bankruptcy
European charter airlines operating out of Germany, Austria, and the Netherlands face financial repercussions following FTI Touristik GmbH’s bankruptcy filing… Read More »
Pakistani Stock Exchange Delists PIA Shares and Introduces PIA HoldCo Shares Amidst Privatization
The Pakistan Stock Exchange (PSE) has officially delisted shares of Pakistan International Airlines (PIA), with the delisting taking effect on… Read More »
Wizz Air Maintains Strong Demand and Stable Yields Amid Operational Challenges
Wizz Air projects a “transition year” in fiscal 2025 with flat capacity growth due to ongoing operational challenges, notably those… Read More »
MN8 Energy Expands Renewable Energy Portfolio with New Distributed Energy Solutions
MN8 Energy LLC (“MN8” or “The Company”) announced on May 20 the formation of its “Distributed Energy Solutions” (DES) offering,… Read More »
Archer Aviation Partners with Etihad Training to Launch Flying Taxi Pilot Program in UAE
Archer Aviation, a leading flying taxi company, has entered a strategic partnership with Etihad Training to train pilots for its… Read More »
FA Airlines Set to Acquire India’s flybig, Aiming for Fleet Expansion
FA Airlines, a Mumbai-based company, is on track to acquire regional carrier flybig, according to a recent report from India’s… Read More »
Maldivian Seeks A319 or A320 Lease, Calls for Expressions of Interest
Maldivian, operated by Island Aviation Services Limited (IASL), is actively seeking to lease either an Airbus A319-100 or an A320-200…. Read More »