Also in the news...
Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
Aircraft manufacturing giant Airbus has announced its first deal with Japanese carrier Japan Airlines.
"This is Airbus' largest order for the A350 so far this year and is the largest ever order we have received from a Japanese airline," said Fabrice Bregier, chief executive of Airbus.
Stung by all the problems with its new 787 Dreamliner over the past decade, Boeing waited too long to start updating its larger 777 jets, giving Airbus an opening to break into the Japanese market that Boeing had dominated for decades, aviation analysts said Monday. According to the deal, Japan Airlines also has an option to purchase an additional 25 planes.
In recent years, the aviation industry has been hurt by a slowdown in demand and high volatility in global fuel prices. That has seen many leading carriers turn to more fuel-efficient aircraft in an attempt to cut down costs and maintain profitability. Both Airbus and Boeing have seen a surge in demand for such planes- and it looks like Airbus is starting to win the battle.
Airbus also shows its readiness to move in on Boeing's turf in the Japanese aerospace manufacturing industry, including cooperation in research and development. It is clear that the recent acquisition is due to a profound expansion of Japan Airlines- indicating that the country is experiencing extremely high growth rates with regards to business imports and exports. This is not only positive for Japans’ economy, but shows that if Airbus continue to win Japan Airlines’ business they will be at a significant competitive advantage compared to Boeing due to uneven supply and demand.
Register today with Start Up Overseas for your international payment needs. It only takes a couple of minutes and you will have instant access to make and receive overseas payments.