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.
JetBlue Airways has reported its preliminary traffic results for February 2010.
Revenue passenger miles (RPMs) in February increased by 2.7% to 1,911,455,000 from February 2009’s 1,862,049,000. With available seat miles for the respective months also increasing by 2.7% – to 2,564,764,000 from 2,497,800,000 – the load factor remained constant at 74.5%.
The total number of revenue passengers carried in February was 1,644,621, just 0.1% up on February 2009’s figure of 1,643,197.
JetBlue says its preliminary passenger revenue per available seat mile (RASM) for February increased between one and three percent year-over-year.
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.