Search: “public transport”
6 results found
McDan Aviation sues GACL over termination of Terminal 1 FBO licence
Summary
Why is McDan Aviation claiming GACL didn't follow procedure when terminating their operating license?
McDan Aviation is suing Ghana Airports Company Limited (GACL) over the termination of its Terminal 1 Fixed Base Operations (FBO) licence. McDan claims GACL's termination didn't follow the 10-year agreement signed in 2022, after McDan invested $3 million.
Business & Economy
3 min read
Oil price jumps despite deal to release record amount of reserves
Summary
Attacks on ships and a major threat to global oil supply have investors on edge - what will happen next?
Oil prices surged past $100 a barrel despite the IEA's plan to release a record 400 million barrels of oil. Iran's leader threatened to block the Strait of Hormuz, a key shipping route. Concerns are rising about the impact on the global economy.
Business & Economy
5 min read