Pegula and Krawczyk swap forehands for fairways at Topgolf ahead of Dubai Duty Free Tennis Championships - pegula krawczyk

USD 1.2 Billion in Airline Funds Blocked by Governments, Majority in Africa and Middle East

10 December 2025 (Geneva) – The International Air Transport Association (IATA) reported that USD 1.2 billion in airline funds are blocked from repatriation by governments as of the end of October 2025. A marginal improvement of USD 100 million has been made since last reported in April 2025. Out of total blocked funds reported, 93% are trapped in Africa and Middle East (AME). IATA called on governments to lift all restrictions on currency repatriation and allow airlines to access their revenues in U.S. dollars from ticket sales, cargo sales and other activities, as guaranteed in bilateral air service agreements and treaty obligations. Rest

Mahdeehassan  |   |  3 mins read
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DAE Signs Long-Term Lease Agreements with AJet for 10 Boeing 737-8 Aircraft - signs long-term

DAE Signs Long-Term Lease Agreements with AJet for 10 Boeing 737-8 Aircraft

Dubai, U.A.E., 3 December 2025 – Dubai Aerospace Enterprise (DAE) Ltd today announced that it has signed long-term lease agreements with AJet and Turkish Airlines for 10 new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2026 and 2027. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, “We are delighted to be chosen by long-time customer Turkish Airlines to provide them a solution to AJet’s growing fleet requirements with these new technology, fuel efficient aircraft. Türkiye is a fast-growing market, with flight movements increasing 5.7% in the first half of 2025, according to Türkiye’

Mahdeehassan  |   |  1 min read
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