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 January 2010.
Revenue passenger miles (RPMs) in January totalled 2,106,871,000, a 9.1% increase on last January’s figure of 1,930,790,000. Available seat miles (ASMs) rose by 8.9% to 2,843,221,000 from 2,609,819,000, creating a load factor of 74.1%, an increase of 0.1 percentage points from January 2009.
The airline had a 5.9 % increase in revenue passengers carried at 1,766,027 compared with 1,667,702 carried in the same month last year.
JetBlue's completion factor was 98.5% and its on-time performance was 74.6%. The company reported that its preliminary passenger revenue per available seat mile for the month of January decreased by 2% 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.