Skip to content
Search

Latest Stories

Pakistan airspace fully reopened: CAA

PAKISTAN fully reopened its airspace today (4), authorities said, days after it closed its skies to all air travel, leaving thousands stranded worldwide as tensions with India soared.

The decision to close the airspace came last week after a rare aerial dogfight between India and Pakistan ignited fears of an all-out conflict, with world powers rushing to urge restraint.


"All airports across Pakistan are operational and airspace reopened," a spokeswoman for the Civil Aviation Authority (CAA) said today, adding the process had been completed by 01.00 pm local time (0800 GMT).

Pakistan began reopening its airspace "gradually" from Friday (1), with flights allowed in and out of major cities.

But the backlog means major delays are still expected and authorities have urged passengers to check for more information with their airlines.

The closure disrupted major routes between Europe and South Asia, with mounting frustration from passengers stranded at international airports.

It also delayed attempts to search for a British and an Italian climber who went missing on Nanga Parbat, Pakistan's "killer mountain" and the ninth highest peak in the world, as rescue teams were forced to wait for permission to send up a helicopter.

(AFP)

More For You

Deliveroo posts first annual profit after 12 years

A Deliveroo rider near Victoria station in London, England. (Photo by Dan Kitwood/Getty Images)

Deliveroo posts first annual profit after 12 years

FOOD DELIVERY app Deliveroo announced on Thursday (13) its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong.

The milestone follows sizeable full-year losses owing to high investment costs since American Will Shu founded the company in 2013 and made Deliveroo's first delivery in London.

Keep ReadingShow less
JLR-Tata-Getty

JLR had initially planned to manufacture more than 70,000 electric vehicles at the facility. (Photo: Getty Images)

JLR halts plan to build EVs at Tata’s India plant: Report

JAGUAR LAND ROVER (JLR) has put on hold plans to manufacture electric vehicles at Tata Motors’ upcoming £775 million factory in southern India, according to a news report.

The decision was influenced by challenges in balancing price and quality for locally sourced EV components, three of the sources said. They added that slowing demand for electric vehicles was also a factor.

Keep ReadingShow less
Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less