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UBS is set to transform its U.S. entity, UBS Bank USA, into a nationally chartered bank following approval from U.S. regulatory bodies. The announcement was made via LinkedIn by Rob Karofsky, President of UBS Americas. A Significant Milestone for UBS Karofsky…
The Vietnamese aviation sector has welcomed a new contender, Crystal Bay Airlines, bringing an infusion of VND300 billion (approximately US$11.4 million) into the industry. Established on November 6, 2025, the airline has a diverse range of operations…
The accumulated loss of national flag carrier Vietnam Airlines climbed to VND21.98 trillion ($928.39 million) last year, roughly the same as its charter capital. The airline was hit hard by the Covid-19 pandemic that saw borders closed and commercial flights…
The Planning and Investment Ministry has suggested that the PM delays his approval to new carrier KiteAir’s investment proposal over Covid-19 impacts. The establishment of the new airline would add to the business woes wreaked on the local aviation industry…
Adidas has spent the last four years curbing ocean pollution by recycling plastic beach waste into shoes – and because their customers have been so eager for the product, the company is kicking it up a notch. Adidas produced more than five million pairs of…
Indonesia’s helicopter register and Bell Helicopters’ order book have both gained a significant boost, with news that operator PT Whitesky Aviation has ordered 30 new single-engine 505 Jetranger Xs. The aircraft will be used for air taxi operations throughout…
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