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United Airlines triples Q2 profits on strong demand
United Airlines triples Q2 profits on strong demand
Business and Economy
by  AFP

United Airlines reported on Wednesday that second-quarter profits more than tripled, benefitting from robust travel demand and a surge in international capacity. But United, which had previously projected an 18.5 percent jump in capacity, instead reported a rise of 17.5 percent in the second quarter.

Turkey's Erdogan caps economy-driven Gulf tour in UAE
Turkey's Erdogan caps economy-driven Gulf tour in UAE
Business and Economy
by  AFP

Turkey's President Recep Tayyip Erdogan ended a Gulf trip aimed at securing investments by signing agreements worth more than $50 billion in the United Arab Emirates, Emirati state media said Wednesday. In March, Turkey and the UAE signed a free trade agreement that aims to increase bilateral commerce to $40 billion annually within five years.