Investing and Global Finance News

Monthly Archives: January 2017

AirAsia X Awarded License to Fly to USA

Photo by by eangel from Tsingtao, China

The Federal Aviation Administration awarded AirAsia X, the Malaysia-based budget airline, a license to fly to the United States. It is the first such airline to achieve this status.

AirAsia X CEO Datuk Kamarudin Meranum said, ““It is an extraordinary achievement. Our expansion so far only focused on Asia, Australia and the Middle East. We are in high spirits to expand farther than just the Asia-Pacific.”

The AirAsia Group is the largest airline in Malaysia, with over 165 destinations in 25 countries, with 120 of those in the Asia-Pacific corridor.

With its newly awarded license to fly to the US, the company will also begin to re-introduce flights to London. It is now arranging the needed licenses.

Where They are Today: Maxwell School Alumni

It’s always interesting to see where the movers and shakers today got their education. There are many fine institutions that are teaching students about public policy, public affairs and international relations. One such school, The Maxwell School of Citizenship and Public Affairs at Syracuse University, has an extensive alumni directory where they are continually updating… Continue Reading

Optimism Index Has Most Growth in 36 Years

December was a great month of optimism among America’s small businesses as it soared its greatest amount since 1980. The presidential election is partly responsible for the surge, according to observers. Washington-based National Federation of Independent Business’s index climbed by 7.4 points in December, arriving at its highest since 2004, at 105.8. Seven of its… Continue Reading

Mass Store Closures Expected in the Coming Year

As consumers continue to make the switch from brick and mortar shopping to on-line, old fashioned stores who can’t compete, will be forced to close, analysts say. “If you are weaker player, it’s going to be a very tough 2017 for you, ” said RJ Hottovy, a consumer equity strategist for Morningstar. Consumers are heading… Continue Reading