EMerging Equity
Aviation
Russia Could Offer BRICS Partners To Create Joint Orbital Station
Moscow could propose to China and India to create a joint manned orbital station at the summit of the BRICS emerging economies in Russia’s Ufa in July, a document drafted by the expert council at Russia’s military and industrial commission said on Tuesday. The experts recommend “working out the possibilities of an international manned project … Continue reading
Oil Prices: Eventually The Gulf States Will Run Out Of Power – OpEd
By Steffen Hertog Oil prices have now halved in six months to around $50/barrel thanks to OPEC’s refusal to cut production. This means all the member countries are revising their government spending policies. While countries such as Iran and Venezuela face an imminent fiscal crisis, the short-term ramifications for the Arabian peninsula’s oil monarchies are less dramatic. In … Continue reading
Saudi National Airline May Introduce Gender Segregation On Its Flights
Saudi Arabia’s national airline carrier is planning to introduce gender segregation aboard its flights following complaints from passengers who refused to have random males seated next to their wives, the Kingdom’s media report. Airline company Saudia will order its staff to keep men and women separated on-board, unless they are close relatives, the Emirates247 news … Continue reading
Russia Reportedly In Deal With Argentina To Swap Fighter Jets For Beef, Wheat
The Falkland Islands – a UK overseas territory Argentina lays claim to – have been allegedly reviewing their defenses after news Russia may offer Argentina fighter jets. Moscow could swap them for beef and wheat, UK’s Daily Express says in its report. The deal reportedly involves a lease/lend of twelve Sukhoi Su-24 all-weather attack aircraft, … Continue reading
AirAsia Flight QZ8501 From Indonesia To Singapore Is Missing
AirAsia flight number QZ8501, bound from the Indonesian city of Surabaya to Singapore, has lost contact with air traffic control, the airline has confirmed. The missing flight is an Airbus A320-200 with up to 162 people on board. Indonesia air transport authorities have provided details of the plane’s last position. “We are coordinating with the … Continue reading
Is NATO Aiming At A No Fly Zone For Russia Over The Baltic?
On Friday, December 12, a Russian military jet has allegedly been involved in a near-mid-air- collision with a civilian airliner in Swedish airspace. Scandinavian and Russian officials have since been engaged in a barrage of claims and counterclaims. Some Scandinavian media provide detailed and sensationalized reports. Calls to Copenhagen Airport and the Danish and Swedish … Continue reading
China Needs 6,020 New Airplanes Worth Almost $1T By 2033: Boeing
Airbus Group, plans to double the annual value of aircraft components it sources from China to $1B by 2020. According to Reuters the news has been announced today by the firm’s China Chief Operating Officer, Rafael Gonzalez-Ripoll-Garzon. The Airbus major competitor Boeing is also trying to increase China component sourcing. Kent Fisher, Boeing Commercial Airplane’s vice-president, confirmed that during … Continue reading
China’s Next Gold Rush: Aviation
China’s next gold rush? Aviation. China will need to train around 500,000 civilian pilots by 2035, the nation’s civil aviation authority says, up from a few thousand pilots now, according to a report from Reuters. The gold rush comes as a the nation’s aviation authority looks to boost transport infrastructure by relaxing rules that will … Continue reading
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