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.
Midwest Airlines is to launch nonstop service between Kansas City and both Columbus, Ohio and New Orleans.
“Kansas City remains an important part of our expanding network,” said Greg Aretakis, the airline’s vice-president of revenue production. “We’re pleased to provide our loyal Kansas City customers even more opportunity to fly Midwest Airlines.”
The nonstop service to Columbus begins on 3 May 2010, while the service to New Orleans starts on 20 May. Together with sister carrier Frontier Airlines, customers can now choose from 70 destinations throughout the branded network of parent company Republic Airways including 13 destinations served nonstop from Kansas City.
The service to Columbus will use 99-seat Embraer 190s, while the New Orleans flights will be operated with 76-seat Embraer 170s. Both aircraft feature an all-leather seating configuration, buy-onboard meals and snacks, and complimentary baked-onboard chocolate chip cookies.
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.