Southeast Asian ride-hailing firm Grab said Monday it expects to raise $2.5 billion in financing, mostly from China’s Didi Chuxing and Japan’s Softbank, as it strengthens its lead over rival Uber. Didi, China’s ride-hailing leader, and mobile giant SoftBank will invest up to $2.0 billion while $500 million is expected to
Month: July 2017
Los Angeles Airports gets New Face Lift
Los Angeles International Airport (LAX) is currently undergoing one of the largest infrastructure programs in L.A The Deputy Executive Director of Operations and Emergency Management for Los Angeles World Airports (LAWA), Mr. Keith Wilschet shares more details As the fourth busiest airport in the world, and second busiest in the United States,
US airlines warn no EU deal on flights could mean planes grounded
.....Airlines for America wants the aviation sector to be separated from other Brexit issues being thrashed out by London and Brussels. America's leading airlines are warning that flights could be grounded if the UK leaves the EU's Open Skies agreement without negotiating a new deal. Nicholas Calio, president and chief executive of
Madrid asks anti-trust watchdog to probe Uber’s new airport service
Authorities in Madrid asked Spain's antitrust watchdog on Saturday to investigate whether Uber's new low-cost airport transfer service constitutes unfair competition. The city council's request follows the ride-hailing app's return to the Spanish capital last year after the CNMC competition regulator called for the government to lift a ban on the
Nigeria’s Innoson Motors to export 400 locally made vehicles to Mali
Nigeria's Charge‘d Affair in Mali, Yara Abdulsalam, says an indigenous motor manufacturing company, Innoson Motors, has signed MoU with a Malian firm to export 400 locally made vehicles to Mali. Abdulsalam made the announcement on Friday in Abuja when he led a delegation of businessmen from Mali to visit the Foreign Affairs
UK to bring in drone registration for owners of unmanned aircraft
NIPOST To Tackle drug trafficking through Parcels
Post-Master General of the Federation, Mr. Bisi Adegbuyi, has said that the Nigerian Postal Service has adopted new strategies to tackle the trafficking of illicit drugs in the country through parcels. part of the new techniques, Adegbuyi disclosed that the agency had concluded arrangements to acquire sniffer dogs to assist in
Dana Introduces ‘Buy Two, Get One Free’ for Owerri Route
Nigeria's local airline, Dana Air, which recently partnered with one of the states in east, Imo, to launch 'Imo Air operated by Dana Air', as part of its efforts by the state government to diversify the economy of the state, increase commercial activities, create employment and boost tourism in the state,
Lagos state Govt Set To Launch Newly Completed Ikeja Bus Terminal
Following the completion of the state of the art Ikeja Bus Terminal which is the first of its kind in the country, the Lagos State Government (LASG) has concluded plans to officially launch the terminal. The newly constructed bus terminal was developed by the Akinwunmi Ambode administration as part of the
Airlines losing traffic to Ethiopia on price, connectivity
International and domestic airlines operating in Nigeria are gradually losing passenger traffic to Ethiopian Airlines over the East African carrier’s relatively cheaper fares, easy connectivity and most recently, concerted efforts by the country at becoming a one-stop-shop for tourists in Africa. Investigations show that an economy class return ticket to Dubai