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easyJet secures £600m in government funding

easyJet secures £600m in government funding

easyJet has issued £600 million of commercial paper through the Covid Corporate Financing Facility. The decision comes as the low-cost carrier seeks to maximise its liquidity in the wake of the coronavirus pandemic.

Seven Palm on track for late-2020 completion

Seven Palm on track for late-2020 completion

Hotel 

United Arab Emirates-based upscale residential, hospitality and commercial property developer Seven Tides has said more than 27 per cent of the work on its prime property, Seven Palm, located on Palm Jumeirah in Dubai is now complete.

airBaltic cuts capacity by half over summer

airBaltic cuts capacity by half over summer

As the coronavirus crisis continues, significantly affecting demand for air travel, airBaltic has further decrease its overall capacity between until the end of October. The Latvia-based airline will cancel approximately 50 per cent of its flights over the summer.