How UAE defence giant EDGE Group plans to double its exports
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
Travel Technology Interactive has announced a six-year contract to supply Comores Aviation International with its Aeropack Next Generation integrated commercial system.
The web-based solution will help Comores Aviation to coordinate and manage all of its operations in one integrated system which includes: inventory, pricing, multi-distribution sales channels such as GDS and website sales, while maximising revenue. It will also enable Comores Aviation to pursue GDS distribution and engage in interline agreements.
Comores Aviation operates a current fleet of one BAe 146, one Embraer 120 and one Let 410. It serves both domestic cities in Comoros and regional destinations such as Mayotte, Tanzania, Madagascar. Operations have recently begun to the Seychelles and Nocibe, Madagascar.
Travel Technology Interactive’s Aeropack is a web-based hosting and distribution system including a full IATA standard e-ticket database.
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.