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.
Pinnacle Airlines Corporation has announced capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for February 2010.
Revenue passenger miles (RPMs) totalled 302,172,000, a drop of 7.4% compared with February 2009’s 326,450,000. Available seat miles (ASMs) were also down, by 9.3% to 444,906,000 from 490,472,000.
The load factor therefore rose to 67.9%, 1.3 percentage points above last February’s 66.6%. The number of passengers carried fell by 3.4% to 696,537 from 720,865 in February 2009.
Block hours flown were 32,949 compared with 33,666 in the same period last year, a decrease of 2.1%. The fleet for the month showed two more CRJ200s (total 126) and one fewer CRJ900 (total 16) In February 2010 compared with the previous February.
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.