Japan's ANA to buy 77 jets in its largest single order
Tokyo, February 26 (QNA) - Japan's ANA Holdings Inc. announced plans to purchase a total of 77 aircraft from Boeing Co., Airbus SE and Embraer SA, marking the largest single order ever for the Japanese company, worth about 2 trillion yen ($13.4 billion), on the back of robust inbound demand.
ANA has positioned the strengthening of international routes as a key growth pillar. While the firm refrained from buying additional aircraft amid the COVID-19 pandemic, it said it will "introduce cutting-edge planes for sustainable growth," Kyodo News Agency reported.
The order consists of 30 from Boeing of the United States, 27 from Airbus of Europe and 20 from Embraer of Brazil. ANA said the group is expected to own around 320 aircraft by the fiscal year ending in March 2031.
Copyright © Qatar News Agency 2022. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Today
9 hours ago
- Gulf Today
Expo City Dubai, an innovationr driven, people-centric community
Inayat-ur-Rahman, Business Editor Dubai: Expo City Dubai, the legacy city of Expo 2020 Dubai, is an innovation-driven, people-centric community rooted in the belief that collaboration can propel sustainable progress. Its prime location and world-class connectivity place it at the centre of Dubai's future – the lynchpin between Dubai Exhibition Centre, Al Maktoum International Airport and Jebel Ali Port and a key driver of Dubai's Economic Agenda (D33). A world-class free zone, it is home to a thriving business community that supports cross-sector collaboration and provides a springboard for businesses of all sizes to scale and grow, enhancing Dubai's position as a global centre of trade and reinforcing the UAE's development and diversification ambitions. Its residential communities redefine urban living, exemplifying best practice in innovative, environment-friendly design with a focus on wellbeing and happiness An incubator for innovation, it is a testbed for solutions and a platform for groundbreaking ideas that benefit both people and the planet. Packed with educational, cultural and entertainment offerings, with more than 30 indoor and outdoor venues attracting. FUJIFILM Middle East and Africa on Wednesday inaugurated its new offices at Expo City Dubai – an innovation-driven, people-centric community designed as a blueprint for sustainable urban living and the new centre of Dubai's future. The launch of its new offices is part of the company's future-facing mindset, as well as efforts to increase proximity to end-consumers and key partners. The site will also be home to FUJIFILM Technology centre (FTC), which will showcase the company's innovative offerings. The Japanese company brings world-renowned expertise and innovations to some of the region's vital sectors. As a global leader in healthcare, imaging and printing technologies, the firm supplies cutting-edge solutions in the UAE such as innovative diagnostic imaging systems helping raise the standard of care in the country and contributing to its development goals. The company is also preparing to launch AI-driven screening centers (NURA) in the UAE, reflecting its commitment to early detection and better health outcomes. FUJIFILM Technology centre (FTC), meanwhile, will offer professional training for employees, business partners and end-users in the Middle East, Africa, Europe, and Asia. The centre is equipped with a comprehensive range of FUJIFILM solutions for live demonstrations, allowing visitors to try and test multiple products and services. Ken Okaniwa, Ambassador of Japan to the UAE, said: 'We welcome the inauguration of FUJIFILM's new offices and Technology centre in Expo City Dubai. This new investment by Japan's top company in healthcare, imaging and printing reflects the excellent relations between Japan and the UAE as well as the strategic position of the UAE as a global hub for business. I look forward to FUJIFILM's technologies contributing to better healthcare, promotion of industries and human capacity development.' Manal AlBayat, Chief Engagement Officer, Expo City Dubai, said: 'With its technologies used in vital sectors and its commitment to knowledge-sharing, FUJIFILM's choice of Expo City Dubai for its new offices and Technology centre reinforces the city's position as a hub for global businesses driving innovative solutions in the UAE and beyond. We are proud to welcome FUJIFILM to our innovation- and sustainability-focused community – an ecosystem where like-minded entities collaborate to drive meaningful progress.' FUJIFILM's renewed commitment to the region follows last year's impressive annual performance, and the firm is looking to repeat the feat in 2025 with a double-digit growth. FUJIFILM Middle East and Africa will also extend its commitment to Emiratization, with plans to introduce new hires to support FTC operations and cement the company's leading role in knowledge sharing. Underscoring the global importance of the FTC for the company, Masataka Akiyama, President and CEO of FUJIFILM Europe, added: 'Our investment in the FUJIFILM Technology centre is a powerful tool to enable product showcases, including a full-fledged medical centre with hands-on training and lectures delivered by healthcare professionals in the UAE, Egypt, and Morocco. We are now also inviting imaging and printing experts to our new Dubai office space to facilitate the exchange of ideas and support the delivery of unrivaled solutions to our customers.' Michio Kondo, Managing Director of FUJIFILM Middle East and Africa, also said: 'With the opening of our new offices at Expo City Dubai, FUJIFILM is starting the next exciting chapter of our success story in the Middle East. As we look to deepen our contribution to the region's prosperity and the wellbeing of its people by providing value through innovation and purpose-driven growth, our new space will be a centre for co-creation, training, new partnerships, and the development of high-tech solutions to help enhance lives and economies.' Over the past five years, Fujifilm has more than doubled its number of staff across its offices in the UAE, Saudi Arabia, Qatar, Egypt, Morocco, and South Africa. FUJIFILM Middle East and Africa FUJIFILM Middle East and Africa, part of the globally renowned FUJIFILM Corporation, provides innovative solutions across multiple sectors, including healthcare, photography, graphics, printing, and digital imaging. With over 90 years of expertise, FUJIFILM is at the forefront of healthcare transformation, pioneering diagnostic equipment, AI solutions, and tele-radiology services.
Al Etihad
10 hours ago
- Al Etihad
FUJIFILM doubles down on its Middle East presence with launch of new offices at Expo City Dubai
12 June 2025 00:32 DUBAI (WAM) FUJIFILM Middle East and Africa on Wednesday inaugurated its new offices at Expo City Dubai – an innovation-driven, people-centric community designed as a blueprint for sustainable urban living and the new centre of Dubai's future. The launch of its new offices is part of the company's future-facing mindset, as well as efforts to increase proximity to end-consumers and key partners. The site will also be home to FUJIFILM Technology Center (FTC), which will showcase the company's innovative Japanese company brings world-renowned expertise and innovations to some of the region's vital sectors. As a global leader in healthcare, imaging, and printing technologies, the firm supplies cutting-edge solutions in the UAE such as innovative diagnostic imaging systems helping raise the standard of care in the country and contributing to its development goals. The company is also preparing to launch AI-driven screening centres (NURA) in the UAE, reflecting its commitment to early detection and better health meanwhile, will offer professional training for employees, business partners and end-users in the Middle East, Africa, Europe, and Asia. The centre is equipped with a comprehensive range of FUJIFILM solutions for live demonstrations, allowing visitors to try and test multiple products and of Japan to the UAE, Ken Okaniwa, said, 'We welcome the inauguration of FUJIFILM's new offices and Technology Centre in Expo City Dubai. This new investment by Japan's top company in healthcare, imaging, and printing reflects the excellent relations between Japan and the UAE as well as the strategic position of the UAE as a global hub for business. I look forward to FUJIFILM's technologies contributing to better healthcare, promotion of industries and human capacity development.' Chief Engagement Officer of Expo City Dubai, Manal AlBayat, said, 'With its technologies used in vital sectors and its commitment to knowledge-sharing, FUJIFILM's choice of Expo City Dubai for its new offices and Technology Centre reinforces the city's position as a hub for global businesses driving innovative solutions in the UAE and beyond. We are proud to welcome FUJIFILM to our innovation- and sustainability-focused community – an ecosystem where like-minded entities collaborate to drive meaningful progress.'
Dubai Eye
14 hours ago
- Dubai Eye
World Bank cuts global growth forecast as trade tensions heighten uncertainty
The World Bank slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a "significant headwind" for nearly all economies. In its twice-yearly Global Economic Prospects report, the global lender lowered its forecasts for nearly 70 per cent of all economies - including the US, China and Europe, as well as six emerging market regions - from the levels it projected six months ago before US President Donald Trump took office. Trump has upended global trade with a series of on-again, off-again tariff hikes that have increased the effective US tariff rate from below 3 per cent to the mid-teens - its highest level in almost a century - and triggered retaliation by China and other countries. The World Bank is the latest body to cut its growth forecast as a result of Trump's erratic trade policies, although US officials insist the negative consequences will be offset by a surge in investment and still-to-be approved tax cuts. It stopped short of forecasting a recession, but said global economic growth this year would be the weakest outside of a recession since 2008. By 2027, global gross domestic product growth was expected to average just 2.5 per cent, the slowest pace of any decade since the 1960s. The report forecast that global trade would grow by 1.8 per cent in 2025, down from 3.4 per cent in 2024 and roughly a third of its 5.9 per cent level in the 2000s. The forecast is based on tariffs in effect as of late May, including a 10 per cent US tariff on imports from most countries. It excludes increases that were announced by Trump in April and then postponed until July 9 to allow for negotiations. The World Bank said global inflation was expected to reach 2.9 per cent in 2025, remaining above pre-COVID-19 levels, given tariff increases and tight labor markets. "Risks to the global outlook remain tilted decidedly to the downside," it wrote. The lender said its models showed that a further increase of 10 percentage points in average US tariffs, on top of the 10 per cent rate already implemented, and proportional retaliation by other countries, could shave another half of a percentage point off the outlook for 2025. Such an escalation in trade barriers would result "in global trade seizing up in the second half of this year... accompanied by a widespread collapse in confidence, surging uncertainty and turmoil in financial markets," the report said. Nonetheless, it said the risk of a global recession was less than 10 per cent. Top officials from the US and China are meeting in London this week to try to defuse a trade dispute that has widened from tariffs to restrictions over rare earth minerals, threatening a global supply chain shock and slower growth. "Uncertainty remains a powerful drag, like fog on a runway. It slows investment and clouds the outlook," World Bank Deputy Chief Economist Ayhan Kose told Reuters in an interview. But Kose said there were signs of increased dialogue on trade that could help dispel uncertainty, and supply chains were adapting to a new global trade map, not collapsing. Global trade growth could modestly rebound in 2026 to 2.4 per cent, and developments in artificial intelligence could also boost growth, he said. "We think that eventually the uncertainty will decline," Kose said. "Once the type of fog we have lifts, the trade engine may start running again, but at a slower pace." Kose said while things could get worse, trade was continuing and China, India and others were still delivering robust growth. Many countries were also discussing new trade partnerships that could pay dividends later, he said. The World Bank said the global outlook had "deteriorated substantially" since January, mainly due to advanced economies, which are now seen growing by just 1.2 per cent, down half a percentage point, after expanding by 1.7 per cent per cent in 2024. The US forecast was slashed by nine-tenths of a percentage point from its January forecast to 1.4 per cent, and the 2026 outlook was lowered by four-tenths of a percentage point to 1.6 per cent. Rising trade barriers, "record-high uncertainty" and a spike in financial market volatility were expected to weigh on private consumption, trade and investment, it said. The White House pushed back against the forecast, citing recent economic data that it said pointed to a stronger economy. "The World Bank's prognostications are untethered to the data: investment in real business equipment surged by nearly 25 per cent in Q1 of 2025; real disposable personal income grew by a robust 0.7 per cent month-over-month in April; and Americans have now seen three consecutive expectation-beating jobs and inflation reports," White House spokesperson Kush Desai said. He added that a sweeping budget package currently making its way through Congress would provide tax relief and "further turbo-charge America's economic resurgence under President Trump." The World Bank cut growth estimates in the euro zone by three-tenths of a percentage point to 0.7 per cent and in Japan by half a percentage point to 0.7 per cent. It said emerging markets and developing economies were expected to grow by 3.8 per cent in 2025 versus 4.1 per cent in the forecast in January. Poor countries would suffer the most, the report said. By 2027, developing economies' per capita GDP would be 6 per cent below pre-pandemic levels, and it could take these countries - minus China - two decades to recoup the economic losses of the 2020s. Mexico, heavily dependent on trade with the US, saw its growth forecast cut by 1.3 percentage points to 0.2 per cent in 2025. The World Bank left its forecast for China unchanged at 4.5 per cent from January, saying Beijing still had monetary and fiscal space to support its economy and stimulate growth.
