Emirates named world's 4th best airline for 2025
Emirates Airline was named the world's fourth-best airline and the second-best airline in the Middle East at the 2025 World Airline Awards, held by the International Skytrax Organization. The awards were announced at a gala ceremony held during the Paris Air Show on Tuesday, according to a press release issued by Skytrax.
Qatar Airways came in first place for the ninth time followed by Singapore Airlines and Cathay Pacific Airways. Qatar was also named Best Airline in the Middle East, World's Best Business Class, and Best Business Class Airline Lounge.
Qatar signs $200bn deal to buy jets from Boeing during Trump visit
Skytrax is the International air transport rating organisation based in London, United Kingdom, and rated over 325 airlines for the survey.
Emirates was also named the third-most family-friendly airline, as well as the World's Best First Class.
Edward Plaisted, CEO of Skytrax said: 'We are delighted to be holding the World Airline Awards at the 2025 Paris Air Show,' according to the press release.
'It is the world's premier air show event, and holding our awards event here in Paris Show is always a very popular choice for the airlines attending. The Salle des Huit Colonnes is at the heart of the historic Paris-Le Bourget Airport, and this provides a most unique and fabulous venue at the centre of the Air Show.'
The Paris Air Show will wrap on June 22.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Recorder
an hour ago
- Business Recorder
Copper gains on dollar dip but geopolitical, tariff uncertainty linger
LONDON: Copper prices edged higher on Friday, supported by a slightly softer dollar, although gains were capped by concerns over the Iran-Israel war, U.S. tariffs and Chinese demand. Three-month copper on the London Metal Exchange was up 0.4% at $9,652 a metric ton in official open-outcry trading. Earlier in the session, prices hit the weakest since June 13 at $9,558.50. The U.S. dollar index eased 0.3%, making dollar-denominated metals more attractive to buyers using other currencies. 'We've got the geopolitical uncertainty in the background although maybe a little bit of reprieve on that side in the sense that Trump wants to allow a bit more time for diplomacy,' said Nitesh Shah, commodity strategist at WisdomTree. U.S. President Donald Trump will decide in the next two weeks whether the U.S. will get involved in the Israel-Iran air war, the White House said on Thursday. 'But we still have all the trade fears, which may have become a secondary feature over the last week. It's not that fardown the line before the expiry of the 90-day pause on the Liberation Day tariffs.' Copper hits near one-week low on stronger dollar, growth fears The 90-day pause in Trump's broadest 'reciprocal' tariffs will end on July 8. A Shanghai-based metals analyst at a futures firm said in addition to the Middle East and U.S. interest rates, investors were concerned about weaker demand in top metals consumer China. China's refined copper output in May gained 13.6% on the year to 1.25 million metric tons, data on Wednesday showed, in line with April's output, while the country's demand for metals such as copper and aluminium has been muted by summer seasonal weakness. U.S. Comex copper futures steadied at $4.88 a lb, bringing the premium of Comex over LME copper to over $1,000 a ton. Among other metals, LME aluminium ticked up 0.3% to $2,529, nickel fell 0.8% to $14,940, zinc edged up 0.1% to $2,643.5, lead dropped 0.2% to $1,988.5 while tin gained 1.3% to $32,425.
Business Recorder
an hour ago
- Business Recorder
Iran-Israel tensions threaten Pakistan's fragile economic recovery
The world is holding its breath as tensions between Iran and Israel reach a boiling point. What began as a shadow war – fought through covert attacks, cyber strikes, and regional proxies – now teeters on the edge of open warfare. For many, this may seem like another distant Middle Eastern flashpoint. But for Pakistan and other oil-importing, investment-hungry economies, the potential fallout from a full-scale Iran-Israel war could be immediate, destabilising, and enduring. Trump to decide on US action in Israel-Iran war within two weeks, White House says The Strait of Hormuz Iran has long warned that if it is attacked directly, it would retaliate by closing or disrupting the Strait of Hormuz, through which nearly a fifth of the world's oil and one-third of global LNG passes. If war breaks out and the Islamic Revolutionary Guard Corps acts on this threat, the effect would be seismic. Oil prices could jump to $120–$130 per barrel, if not higher, within days, according to JP Morgan. Energy markets would convulse, and strategic reserves would be tapped globally. For Pakistan, where nearly 30% of the import bill is fuel, this would mean an instant blowout of the current account deficit, a weakening rupee, and imported inflation feeding into everything from electricity tariffs to grocery prices. The current war has the power to reorder global energy, unsettle regional politics, and cast a long shadow over Pakistan's fragile economic recovery A rise in oil prices would also raise transport costs and production expenses for exporters – particularly in textiles and manufacturing – shrinking competitiveness just when the country is trying to climb out of economic stagnation. Iran says no nuclear talks under Israeli fire, Trump considers options US Involvement: The risk of a regional war Should Israel launch a significant military operation against Iran's nuclear infrastructure, US involvement is almost guaranteed – if not militarily, then through security and diplomatic cover. Iran could retaliate through its extensive network of regional allies: Hezbollah in Lebanon, armed groups in Syria and Iraq, and the Houthis in Yemen. In response, Israel may strike across multiple fronts. The Gulf, already skittish, could be drawn into this widening circle of conflict. This would be a pan-regional war, not a bilateral spat – and global markets would respond accordingly. For Pakistani businesses and policymakers, this isn't just an oil story – it's about the collapse of confidence. Equity markets across the region would take a hit, foreign direct investment (FDI) flows into emerging economies would pause, and the risk premium for countries like Pakistan – already contending with political instability and the International Monetary Fund (IMF) obligations – would rise further. That means higher borrowing costs, capital flight, and declining investor appetite for anything deemed 'exposed to the region'. Trade corridors under threat Even beyond the Strait, Iran serves as a critical trade conduit to Central Asia and Turkey. With road and rail links passing through its territory, Pakistan has in recent years viewed Iran as a potential bridge to diversify trade routes. If Iran becomes a war zone or faces renewed and expanded US sanctions, these overland corridors could shut down indefinitely. The Pakistan-Iran-Turkey freight corridor, a pillar of Pakistan's regional trade ambitions, would collapse. And as regional tensions rise, other initiatives – such as Iran's role in China's Belt and Road – could also stall, indirectly affecting Pakistan's own the China–Pakistan Economic Corridor (CPEC) trajectory. The perils of regime change Some voices in Western capitals quietly suggest that an Iran–Israel war could trigger regime change in Tehran. But regime change rarely brings instant democracy or economic liberalism. More often, it brings chaos, uncertainty, and power vacuums. In Iran's case, a collapsed regime could unleash internal civil strife, embolden separatist movements, and leave critical oil and gas infrastructure vulnerable. A successor regime – military, clerical, or revolutionary – might be more aggressive, not less. And either way, it would take years to stabilise one of the region's largest energy exporters, further compounding oil market disruption and regional instability. Implications for Pakistan Pakistan has always maintained a careful balancing act between Iran, the Gulf Arab states, and the West. A full-scale Iran–Israel war would make that balance nearly impossible to maintain. Moreover, if the conflict spreads to the Gulf, the implications for Pakistan's diaspora workers in Saudi Arabia, the UAE, and beyond – who send home billions in remittances – could be severe. Even minor disruptions to Gulf economies or airline connectivity would affect the lifeblood of Pakistan's foreign exchange. The Iran–Israel confrontation is no longer a question of if – but how far it spreads. For Pakistan and many in the Global South, the imperative now is economic preparedness: building energy buffers, accelerating regional trade alternatives, and strengthening diplomatic channels that could help de-escalate tensions. The current war has the power to reorder global energy, unsettle regional politics, and cast a long shadow over Pakistan's fragile economic recovery. The article does not necessarily reflect the opinion of Business Recorder or its owners
Business Recorder
2 hours ago
- Business Recorder
Iran-Israel tensions threaten Pakistan's fragile recovery
The world is holding its breath as tensions between Iran and Israel reach a boiling point. What began as a shadow war – fought through covert attacks, cyber strikes, and regional proxies – now teeters on the edge of open warfare. For many, this may seem like another distant Middle Eastern flashpoint. But for Pakistan and other oil-importing, investment-hungry economies, the potential fallout from a full-scale Iran - Israel war could be immediate, destabilizing, and enduring. Trump to decide on US action in Israel-Iran war within two weeks, White House says The Strait of Hormuz Iran has long warned that if it is attacked directly, it would retaliate by closing or disrupting the Strait of Hormuz, through which nearly a fifth of the world's oil and one-third of global LNG passes. If war breaks out and the Islamic Revolutionary Guard Corps acts on this threat, the effect would be seismic. Oil prices could jump to $150–$180 per barrel, if not higher, within days. Energy markets would convulse, and strategic reserves would be tapped globally. For Pakistan, where nearly 30% of the import bill is fuel, this would mean an instant blowout of the current account deficit, a weakening rupee, and imported inflation feeding into everything from electricity tariffs to grocery prices. A rise in oil would also raise transport costs and production expenses for exporters – particularly in textiles and manufacturing – shrinking competitiveness just when the country is trying to climb out of economic stagnation. Iran says no nuclear talks under Israeli fire, Trump considers options US Involvement: The risk of a regional war Should Israel launch a significant military operation against Iran's nuclear infrastructure, U.S. involvement is almost guaranteed – if not militarily, then through security and diplomatic cover. Iran could retaliate through its extensive network of regional allies: Hezbollah in Lebanon, armed groups in Syria and Iraq, and the Houthis in Yemen. In response, Israel may strike across multiple fronts. The Gulf, already skittish, could be drawn into this widening circle of conflict. This would be a pan-regional war, not a bilateral spat – and global markets would respond accordingly. For Pakistani businesses and policymakers, this isn't just an oil story – it's about the collapse of confidence. Equity markets across the region would take a hit, FDI flows into emerging economies would pause, and the risk premium for countries like Pakistan – already contending with political instability and IMF obligations – would rise further. That means higher borrowing costs, capital flight, and declining investor appetite for anything deemed 'exposed to the region.' Trade corridors under threat Even beyond the Strait, Iran serves as a critical trade conduit to Central Asia and Turkey. With road and rail links passing through its territory, Pakistan has in recent years viewed Iran as a potential bridge to diversify trade routes. If Iran becomes a war zone or faces renewed and expanded US sanctions, these overland corridors could shut down indefinitely. The Pakistan-Iran-Turkey freight corridor, a pillar of Pakistan's regional trade ambitions, would collapse. And as regional tensions rise, other initiatives – such as Iran's role in China's Belt and Road – could also stall, indirectly affecting Pakistan's own CPEC trajectory. The perils of regime change Some voices in Western capitals quietly suggest that an Iran–Israel war could trigger regime change in Tehran. But regime change rarely brings instant democracy or economic liberalism. More often, it brings chaos, uncertainty, and power vacuums. In Iran's case, a collapsed regime could unleash internal civil strife, embolden separatist movements, and leave critical oil and gas infrastructure vulnerable. A successor regime – military, clerical, or revolutionary – might be more aggressive, not less. And either way, it would take years to stabilize one of the region's largest energy exporters, further compounding oil market disruption and regional instability. Implications for Pakistan Pakistan has always maintained a careful balancing act between Iran, the Gulf Arab states, and the West. A full-scale Iran–Israel war would make that balance nearly impossible to maintain. Pressures to align with either the OIC consensus or international sanctions regimes could limit Islamabad's diplomatic bandwidth and expose it to both economic and political costs. Moreover, if the conflict spreads to the Gulf, the implications for Pakistan's diaspora workers in Saudi Arabia, the UAE, and beyond – who send home billions in remittances – could be severe. Even minor disruptions to Gulf economies or airline connectivity would affect the lifeblood of Pakistan's foreign exchange. The Iran–Israel confrontation is no longer a question of if – but how far it spreads. For Pakistan and many in the Global South, the imperative now is economic preparedness: building energy buffers, accelerating regional trade alternatives, and strengthening diplomatic channels that could help de-escalate tensions. The current war has the power to reorder global energy, unsettle regional politics, and cast a long shadow over Pakistan's fragile economic recovery. The article does not necessarily reflect the opinion of Business Recorder or its owners
