The Latest Breaking News from Tim Clark

Boeing delays 777X another year and writes off $1.2B as future costs pile up

Boeing on Wednesday disclosed a heavy first-quarter loss as it wrote off $1.2 billion related to two defense-side fixed-price aircraft projects and the impact of the war in Ukraine.

Tribune News Service · Apr 27, 2022

Emirates and Etihad See Airline Industry Recovery Next Year

Middle Eastern carriers Emirates and Etihad each see an industry recovery from the coronavirus pandemic happening next year, airline bosses said at an industry conference on Thursday. Emirates President Tim Clark said that Russia’s invasion of Ukraine would delay the projected recovery to 2019 levels of traffic until the middle…

Asharq Al-Awsat · Apr 7, 2022

Russians also have right to travel despite Ukraine, says Emirates

Emirates President Tim Clark said the Russian people have every right to continue travelling regardless of sanctions on the economy, defending the Gulf carrier’s maintenance of regular services despite the invasion of Ukraine.

Bangkok Post · Mar 29, 2022