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Day: January 2, 2023

Airlines focus on recovery ops after system glitch fiasco

MANILA: Local carriers are now focusing on mounting recovery flights following a number of cancellations due to the Civil Aviation Authority of the Philippines’ (CAAP) air traffic management technical issue on Jan. 1, executives reported Monday.       “We are working on restoring normal operations following the glitch. So far, Cebu Pacific (CEB) successfully dispatched the first wave of international flights. We are now working on mounting extra sections for passenger recovery,” CEB spokesperson Carmina Romero told the Philippine News Agency.       Romero said CEB had to cancel 259 flights, affecting 26,253 passengers on Jan. 1. Since

Dhaka Stock Exchange Extends Technology Partnership with Nasdaq

NEW YORK and DHAKA, Bangladesh, Jan. 02, 2023 (GLOBE NEWSWIRE) — Dhaka Stock Exchange (DSE) and Nasdaq (Nasdaq: NDAQ) today announced the extension of their partnership where Nasdaq provides DSE with trading technology. The agreement includes an upgrade of Nasdaq´s X-stream INET technology in order to accommodate the increasing trading activity of the exchange with […]

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