Dubai aims to triple its annual income from tourism to 300 billion dirhams ($82 billion) by 2020, which would involve doubling the number of its hotel rooms, a senior official said. (May 05)

MORE TOPICS: DUBAI, RETAIL, RUSSIA, INDIA

Dubai aims to treble tourism income by 2020

By Reuters

Dubai aims to treble its annual income from tourism to 300 billion dirhams ($82 billion) by 2020, which would involve doubling the number of its hotel rooms, a senior official said. (May 05)

MORE TOPICS: DUBAI, RETAIL, RUSSIA, INDIA

Boeing faces pressure for cash compensation over 787

By Reuters

Pressure grew on Wednesday for Boeing to compensate airlines in hard cash for disruption caused by the grounding of its 787 Dreamliner as two airlines maneuvered for immediate help instead of future purchase discounts. (Mar 21)

MORE TOPICS: JAPAN AIRLINES, JAPAN, INDIA

ANA wants Boeing cash, rather than discounts, for 787 grounding: source

By Reuters

All Nippon Airways <9202.T>, the biggest customer for Boeing Co's <BA.N> 787 Dreamliner, wants the planemaker to compensate it in cash, rather than discounts on future purchases, for losses racked up since the aircraft was grounded w... (Mar 20)

MORE TOPICS: JAPAN AIRLINES, JAPAN, INDIA, UNITED AIRLINES

Arsenal Claim £150m Deal Shows Trophy Ambition

By IBTimes UK

Peter Hill-Wood says Arsenal's financial performance is proof of their on-field ambition (Feb 27)

Arab Spring Aftermath Batters Mideast Tourism but Dubai Booms

By Reuters

The revolts that began in Tunisia at the end of 2010 and spread across the Middle East and North Africa had a devastating impact on tourism, but not everyone in the region lost out. (Feb 03)

MORE TOPICS: DUBAI, ELECTIONS, UNITED ARAB EMIRATES, EGYPT, LIBYA, TUNISIA

Jet Airways Files Application Seeking Slots of Kingfisher Airlines, Shares Plunges Over 6 Percent

Jet Airways, Kingfisher Rise on Etihad Deal

By Reuters

Jet Airways Ltd(JET.NS) extends gains for a sixth day, up 1.5 percent, while Kingfisher Airlines Ltd(KING.NS) is up 2.7 percent as Etihad Airways enters in the final stages of talks to buy a stake in either of them. (Dec 18)

Etihad in final talks to buy India carrier stake-source

By Reuters UK

Gulf carrier Etihad Airways, seeking to widen operations in India and other Asian markets, is in the final stages of talks to buy part of either Jet Airways <JET.NS> or grounded rival Kingfisher Airlines <KING.NS>, an Indian government official said on Monday. (Dec 18)

MORE TOPICS: DUBAI, INDIA, STATE BANK OF INDIA, INVESTMENT

Fastjet says in partnership talks with Emirates Airline

By Reuters UK

Low-cost African carrier Fastjet Plc <FJET.L> said it was in potential partnership talks with Emirates Airline <EMIRA.UL>, sending it shares up as much as 7 percent on London's AIM. (Dec 05)