Qatar Airways grows earnings 14% as revenue rises by $13.2bn

By Samson Echenim Qatar Airways on Wednesday published its annual report for 2018-19 showing overall revenue and other operating income growth of 14 percent. Passenger revenue grew by 14.3 percent with capacity (Available Seat Kilometers) growth of 13.5 percent. Cargo revenue witnessed growth of 16.8 percent with cargo capacity (Available Tonne Kilometers) growing 11.8 percent […]

Mixed-use, key to funding hotel development in Africa, says new report

By Samson Echenim A new report from JLL, the world’s largest professional services firm specialising in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development. JLL’s research into global property transactions reveals that in the […]

We will not experience financial fallout from 737 grounding -Boeing CEO

Kenneth Afor with agency report Boeing’s chief executive officer has reaffirmed that the airline will not experience financial fallout following the grounding of its 737 Max . Denis Muilenberg also disclosed that the grounding will not affect customers’ request for it’s services in the areas of aircraft parts, maintenance and analytics. He added that his […]