(New Delhi) – The International Air Transport Association (IATA) announced updates to its 2025 airline industry financial outlook, showing improved profitability over 2024 and resilience in the face of global economic and political shifts. Highlights from the expected 2025 financial performance include: Net profits at $36.0 billion, improved from the $32.4 billion earned in 2024, but slightly down on the previously projected $36.6 billion (December 2024). Net profit margin at 3.7%, improved from the 3.4% earned in 2024 and the previously projected 3.6%. Return on invested capital at 6.7%, improved from the 6.6% earned in 2024 and largely unchanged from previous projections. Operating profits at $66.0 billion,…
Author: Eat ‘N Stays
Riyadh : As Saudi Arabia prepares for an extended Eid Al-Adha holiday from Thursday, June 5 (Dhul Hijjah 9) through Monday, June 9 (Dhul Hijjah 13), travel activity across the Kingdom is witnessing a significant surge. Citizens and residents alike are seizing the opportunity to explore a variety of destinations, ranging from global cities with deep cultural ties to domestic hotspots rich in natural and spiritual heritage. According to the latest insights from Wego, the number one travel app and largest online travel marketplace in the Middle East and North Africa (MENA), there has been a remarkable shift towards international…
Dubai : Myplant & Garden Middle East, the region’s first and only international B2B trade fair dedicated to ornamental horticulture, is gaining significant traction ahead of its debut at the Dubai Exhibition Centre from 15–17 November 2025. With major industry players confirming participation, the event is poised to become a vital gateway for businesses aligned with the GCC’s expanding green development agenda. Showcasing six key sectors—landscape design and infrastructure, plant production, containers and furnishings, greenhouse and irrigation technology, floral installations, and digital services—Myplant & Garden Middle East offers a comprehensive platform for innovation, procurement, and partnership across the green value…
New Delhi – The International Air Transport Association (IATA) announced that leaders of the global aviation industry are gathering for the 81st IATA Annual General Meeting (AGM) and World Air Transport Summit (WATS) which will take place in New Delhi, India from 1-3 June 2025. India’s Prime Minister, Shri Narendra Modi, is expected to deliver a keynote address to delegates. IndiGo is the host airline of the event, which was last held in India in 1983. Some 1,700 participants are registered to attend, including industry leaders, government officials and media. “We are excited to bring the IATA AGM to India after a…
(Geneva) – The International Air Transport Association (IATA) released data for April 2025 global air cargo markets showing: Total demand, measured in cargo tonne-kilometers (CTK), rose by 5.8% compared to April 2024 levels (+6.5% for international operations). Capacity, measured in available cargo tonne-kilometers (ACTK), increased by 6.3% compared to April 2024 (+6.9% for international operations). “Air cargo demand grew strongly in April, with volumes up 5.8% year-on-year, building on March’s solid performance. Seasonal demand for fashion and consumer goods—front-loading ahead of US tariff changes—and lower jet fuel prices have combined to boost air cargo. With available capacity at record levels and yields…
Now into its fourth decade, MENA’s flagship interior design and furniture exhibition is providing the perfect platform for the industry to gather and discover new innovations Dubai: INDEX, the Middle East and North Africa’s flagship interior design and furniture exhibition, was officially inaugurated yesterday by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports, and runs until May 29 across twelve DWTC halls, including Trade Centre Arena. INDEX is co-located alongside The Hotel Show, WORKSPACE, and HITEC, with organizers dmg events expecting 35,000 visitors and over 900 exhibitors from…
UAE : Following its recent rebrand as a luxury wellness destination, Al Raha Beach Resort & Spa has introduced a series of curated summer offers designed for families, couples, and wellness-seekers looking for a coastal escape in Abu Dhabi. Set along the tranquil shores of the Arabian Gulf, the resort blends indulgent wellness amenities, family-friendly experiences, and seamless access to the city’s top attractions — now with even more value through its limited-time offers: Exclusive Summer Offers: Summer Gate: Enjoy up to 45% off your stay, providing an affordable luxury escape for couples and families alike. Yas Island Adventure Escape: This package includes…
Accor And Jinjiang To Transform The Fairmont Peace Hotel, Which Will Debut As The Raffles Peace Hotel Shanghai In 2007 Accor and Jinjiang International Group today announced a new era for the world-renowned Peace Hotel, one of Shanghai’s most beloved landmarks. Built in 1929 by Sir Victor Sassoon as the Cathay Hotel, the art deco masterpiece has been owned by Jinjiang Group since 1984, and became a part of Fairmont Hotels & Resorts in 2010. The legendary hotel will remain open during its transformation before debuting in 2027 as the Raffles Peace Hotel Shanghai, a flagship among a celebrated portfolio…
Coming June 27, 2025 Today, Netflix released the main trailer, and additional unit stills for the season finale of Squid Game at Netflix’s TUDUM live event in LA. Logline: The third and final season of Squid Game follows Gi-hun (Lee Jung-jae) after losing his best friend in the game and being driven to utter despair by The Front Man (Lee Byung-hun), who was hiding his true identity to infiltrate the game. Gi-hun persists with his goal to put an end to the game, while the Front Man continues onto his next move and the surviving players’ choices will lead to…
Jeddah : The changing events industry in Saudi Arabia is fueled by the sweeping economic and social changes aligned with Saudi Vision 2030. This ambitious initiative seeks to diversify the nation’s income streams and bolster non-oil sectors, with culture, entertainment, tourism, and event management taking center stage. A number of factors has boosted this sector, including new infrastructure, expansive urban development, and the rise of digital communication networks. Together, they have created an environment that nurtures the growth of events and also positions the Kingdom as a prime destination for hosting key international events and gatherings. Recent studies project the…