Turkish Airlines shows interest in Virgin Australia

Istanbul: Turkish Airlines is interested in HNA Group Co.’s minority stake in Virgin Australia Holdings Ltd. as it seeks growth in the Asia-Pacific region, according to people familiar with the matter. Turkey’s national flag-carrier is among companies looking at HNA’s 20 per cent stake in the Australian airline, said the people, asking not to be […]

Adnic profits jump 19% in second quarter

Dubai: Abu Dhabi National Insurance Company (Adnic) reported on Thursday a 19 per cent jump in its net profit for the second quarter 2019 as income rose and claims incurred fell. The company recorded Dh66 million in profit for the quarter, up from Dh55.4 million in the same period. This brought profits for the first […]

Eid Al Adha: Booking flight tickets? Prices are soaring

Dubai: Are you making a last minute decision to go home for Eid Al Adha? Get ready for a shocker! Prices are soaring and they are said to be one of the highest. According to travel agents, flight rates to certain sectors especially to the sub-continent like India, Pakistan, Bangladesh and Sri Lanka are particularly […]