Emirates named world's 4th best airline for 2025
Emirates Airline was named the world's fourth-best airline and the second-best airline in the Middle East at the 2025 World Airline Awards, held by the International Skytrax Organization. The awards were announced at a gala ceremony held during the Paris Air Show on Tuesday, according to a press release issued by Skytrax.
Qatar Airways came in first place for the ninth time followed by Singapore Airlines and Cathay Pacific Airways. Qatar was also named Best Airline in the Middle East, World's Best Business Class, and Best Business Class Airline Lounge.
Qatar signs $200bn deal to buy jets from Boeing during Trump visit
Skytrax is the International air transport rating organisation based in London, United Kingdom, and rated over 325 airlines for the survey.
Emirates was also named the third-most family-friendly airline, as well as the World's Best First Class.
Edward Plaisted, CEO of Skytrax said: 'We are delighted to be holding the World Airline Awards at the 2025 Paris Air Show,' according to the press release.
'It is the world's premier air show event, and holding our awards event here in Paris Show is always a very popular choice for the airlines attending. The Salle des Huit Colonnes is at the heart of the historic Paris-Le Bourget Airport, and this provides a most unique and fabulous venue at the centre of the Air Show.'
The Paris Air Show will wrap on June 22.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Recorder
3 hours ago
- Business Recorder
Emirates named world's 4th best airline for 2025
Emirates Airline was named the world's fourth-best airline and the second-best airline in the Middle East at the 2025 World Airline Awards, held by the International Skytrax Organization. The awards were announced at a gala ceremony held during the Paris Air Show on Tuesday, according to a press release issued by Skytrax. Qatar Airways came in first place for the ninth time followed by Singapore Airlines and Cathay Pacific Airways. Qatar was also named Best Airline in the Middle East, World's Best Business Class, and Best Business Class Airline Lounge. Qatar signs $200bn deal to buy jets from Boeing during Trump visit Skytrax is the International air transport rating organisation based in London, United Kingdom, and rated over 325 airlines for the survey. Emirates was also named the third-most family-friendly airline, as well as the World's Best First Class. Edward Plaisted, CEO of Skytrax said: 'We are delighted to be holding the World Airline Awards at the 2025 Paris Air Show,' according to the press release. 'It is the world's premier air show event, and holding our awards event here in Paris Show is always a very popular choice for the airlines attending. The Salle des Huit Colonnes is at the heart of the historic Paris-Le Bourget Airport, and this provides a most unique and fabulous venue at the centre of the Air Show.' The Paris Air Show will wrap on June 22.
Business Recorder
3 hours ago
- Business Recorder
Nippon Steel's acquisition of US Steel closes, with big role for Trump
Nippon Steel's $14.9 billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree of power for the Trump administration after the Japanese company's 18-month struggle to close the purchase. Under the deal terms, Nippon bought 100% of U.S. Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known and struggling steelmaker. The filing also discloses details of a national security agreement inked with the Trump administration, which gives President Donald Trump the authority to name a board member as well as a non-economic golden share. Eiji Hashimoto, Nippon Steel's Chairman and CEO, thanked Trump for his role, adding that 'Nippon Steel is excited about opening a new chapter of U. S. Steel's storied history.' The golden share gives the U.S. government veto authority over a raft of corporate decisions, from idling plants to cutting production capacity and moving jobs overseas, as previewed in a weekend social media post by Commerce Secretary Howard Lutnick. The measures represent an unusual level of control conceded by the companies to the government to save the deal, after a rocky path to approval spurred by high-level political opposition. Trump approves Nippon Steel's $14.9bn purchase of US Steel Nippon Steel said its annual crude steel production capacity is expected to reach 86 million tons, bringing it closer to Nippon Steel's global strategic goal of 100 million tons of global crude steel production capacity. The inclusion of the golden share to win approval from the Committee on Foreign Investment in the U.S., which scrutinizes foreign investment for national security risks, could drive overseas investors away from U.S. companies, national security lawyers said on Monday. After the United Steelworkers union came out against the deal last year, both then-President Joe Biden, a Democrat, and Trump, a Republican, expressed their opposition as they sought to woo voters in Pennsylvania, a key swing state, in the presidential election campaign. Shortly before leaving office in January, Biden blocked the deal on national security grounds, prompting lawsuits by the companies, which argued the national security review they received was biased. The Biden White House disputed the charge. The steel companies saw a new opportunity in the Trump administration, which opened a fresh 45-day national security review into the proposed merger in April.
Business Recorder
6 hours ago
- Business Recorder
Oil steadies as Iran-Israel conflict enters sixth day
LONDON: Oil prices steadied on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as they ponder a direct U.S. involvement. Brent crude futures gained 16 cents, or 0.2%, to $76.61 a barrel by 1058 GMT. U.S. West Texas Intermediate crude futures rose 17 cents, also 0.2%, to $75.01 per barrel. Both contracts were down over 1% earlier in the session. U.S. President Trump warned on social media on Tuesday that U.S. patience was wearing thin, and called for an 'unconditional surrender' from Iran, an option that Iran's leader Ayatollah Ali Khamenei rejected on Wednesday. While Trump said there was no intention to kill Khamenei 'for now,' his comments suggested a tougher stance toward Iran as he weighs whether to deepen U.S. involvement. A source familiar with internal discussions said one of the options Trump and his team are considering included joining Israel on strikes against Iranian nuclear sites. Oil prices fall more than $2 barrel A direct U.S. involvement threatens to widen the confrontation further, putting energy infrastructure in the region at higher risk of attack, analysts say. 'The biggest fear for the oil market is the shutdown of the Strait of Hormuz,' ING analysts said in a note. 'Almost a third of global seaborne oil trade moves through this chokepoint. A significant disruption to these flows would be enough to push prices to $120 [a barrel],' the bank added. Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. Meanwhile, Iranian ambassador to the United Nations in Geneva Ali Bahreini said on Wednesday that Tehran has conveyed to Washington that it will respond firmly to the United States if it becomes directly involved in Israel's military campaign. Markets are also looking ahead to a second day of U.S. Federal Reserve discussions on Wednesday, in which the central bank is expected to leave its benchmark overnight interest rate in the range of 4.25% to 4.50%. Geopolitics ignite oil prices once again However, the conflict in the Middle East and the risk of slowing global growth could potentially push the Fed to cut rates by 25 basis points in July, sooner than the market's current expectation of September, said Tony Sycamore, market analyst with IG. Lower interest rates generally boost economic growth and demand for oil. Confounding the decision for the Fed, however, is the Middle East conflict's potential creation of a new source of inflation via surging oil prices. U.S. crude stocks fell by 10.1 million barrels in the week ended June 13, market sources told Reuters, citing American Petroleum Institute figures on Tuesday. Official Energy Information Administration data is due later on Wednesday.
