Printbelle Unveils High-Speed POD Hub to Power Next-Gen E-Commerce Growth
Since its founding in 2016, Printbelle has quietly built a reputation as a trusted behind-the-scenes partner for digital retailers. Now, with streamlined global shipping and full-platform integrations, it's stepping confidently into the spotlight as a go-to solution for agile, factory-direct fulfillment.
Factory-Direct Advantage: Full Control, Lower Costs
By operating its own facility—no outsourcing, no middlemen—Printbelle ensures strict quality control, competitive pricing, and consistent production across a diverse product range that includes home décor, apparel, mugs, blankets, floor mats, and more.
Speed at Scale: Delivery That Matches Consumer Expectations
With 80% of orders produced within 72 hours and shipped via top-tier carriers like Yun Express and SF Express, Printbelle ensures most U.S. customers receive their items in 7–12 days. This efficiency is a game-changer for online brands competing in today's fast-moving marketplace.
Seamless Integration with Major Sales Channels
Printbelle offers robust API integrations with Shopify, Etsy, TikTok, OrderDesk, Teeinblue, and other platforms, enabling automatic workflows from order capture to personalized production and fulfillment. The result: sellers save time and scale operations with confidence.
Beyond Fulfillment: Tools for Growth
Recognizing that success requires more than logistics, Printbelle also supports e-commerce entrepreneurs with one-on-one service, rapid product development, and professional product photography—arming them with the tools to stay on trend and stand out.
As Printbelle celebrates nine years of POD innovation, it remains focused on its founding mission: empowering online sellers to grow their businesses without the burden of inventory or logistics.
Hashtag: #Printbelle
The issuer is solely responsible for the content of this announcement.
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Zawya
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- Zawya
Cyberport Leads Nine Start-ups to Join WAIC 2025
Project from the Artificial Intelligence Subsidy Scheme Shortlisted for Top 30 of the SAIL Award HONG KONG SAR - Media OutReach Newswire - 29 July 2025 - World Artificial Intelligence Conference 2025 and High-level Conference on Global Governance of Artificial Intelligence" (WAIC 2025) held in Shanghai has successfully concluded. This year, Cyberport led nine community members to participate in the event, among which three start-ups: Canpanion, Votee AI and YouToo Robot, were recognised for their exceptional innovation and successfully selected as the "WAIC 2025 Future Tech". Additionally, one of the approved projects under the Artificial Intelligence Subsidy Scheme (AISS), which is led by the Hong Kong Polytechnic University (PolyU), along with projects from three leading AI enterprises at Cyberport, including iFlytek, and Baidu Apollo, were shortlisted for the Top 30 of the "Super AI Leader Award" (SAIL Award). Notably, the joint innovative project by Biren Technology won the SAIL Award this year. These achievements highlight Hong Kong's competitiveness in the field of AI and its contributions to promoting high-quality development both locally and nationally. WAIC 2025 centred around the theme of "Global Solidarity in the AI Era". The conference brought together global experts, scholars, entrepreneurs, government officials, international organisations, and investors, creating a platform for collaboration and showcasing cutting-edge AI solutions. This year, Cyberport again led start-ups to participate in the "Hong Kong Pavilion" established by the Hong Kong Trade Development Council (HKTDC), showcasing Hong Kong's AI innovations to global audiences. The exhibits include a wide range of innovative applications, such as AI education platforms, fall risk management systems, smart training systems, smart city applications, and AI content generation platforms, fully demonstrating Hong Kong's strength in the Innovation and Technology (I&T) sector. (For details of the participating start-ups, please refer to the appendix.) At the opening ceremony, Premier Li Qiang of the State Council presented three suggestions for advancing AI development and global governance: promoting the dissemination and application of outcomes; strengthening cooperation in innovation and open-source initiatives; and building a secure and trustworthy global governance framework. As Hong Kong's AI accelerator, Cyberport is advancing several key initiatives in related fields. Through the AISS, Cyberport promotes the transformation of local research and development (R&D) and application projects, fostering the realisation of AI outcomes. In promoting open-source cooperation, the "Cyberport Open Source Community" was established in June this year to provide computing power through Cyberport's Artificial Intelligence Supercomputing Centre (AISC), supporting open-source technology testing and application. Furthermore, in building a governance system, Cyberport has partnered with various sectors, including the international organisation World Digital Technology Academy (WDTA), to establish the "WDTA Asia-Pacific Institute" at Cyberport, promoting regional governance standards and global cooperation, thereby contributing to the creating of a safe, trustworthy, and responsible AI ecosystem and demonstrating Hong Kong's proactive role in global AI development. Rocky Cheng, CEO of Cyberport, stated "AI is rapidly becoming a key driver of new quality productive forces. As Hong Kong's digital technology hub and AI accelerator, Cyberport is proud to lead nine outstanding community members to this year's WAIC, three of whom have been selected for the 'WAIC 2025 Future Tech'. Additionally, one of the use cases from the 'Artificial Intelligence Subsidy Scheme' has been shortlisted for the Top 30 of the prestigious SAIL Award, showcasing innovative application solutions to the world and highlighting Hong Kong's technological capabilities. Cyberport and our community members will continue to leverage our strengths in line with the development strategies of the HKSAR Government and the nation, focusing on research and development and transformative real-world applications in areas such as AI, green technology and Fintech. We will keep welcoming key enterprises from various tech sectors and promoting digital transformation for both society and businesses, contributing innovative power and economic value to the technological innovation and high-quality development of Hong Kong and beyond." To foster innovation, this year's "Future Tech Innovation Incubation Exhibition Special Zone" featured some of the world's most promising AI start-ups, including three Cyberport start-ups: Canpanion, which develops AI-driven education and psychology ecosystems; Votee AI, focusing on AIGC technology for governments and enterprises; and YouToo Robot, specialising in industrial AI operation and maintenance. They were selected as "WAIC 2025 Future Tech" in recognition of their forward-looking solutions, growth potential, and commercial value; notably, Votee AI and YouToo Robot have been recognised as "Future Tech" for the second consecutive year. Moreover, other start-ups including FireAlert, LAiPIC, Laiye, Lidarvision, RealAI, and HK Simfinity showcased their AI applications at the event, allowing attendees from around the world to experience Hong Kong's I&T scene. Additionally, one of the approved projects under the AISS, titled "Enhancing Edge-based Foundation Models for Advanced Reasoning", developed by PolyU, along with projects from strategic enterprises at Cyberport, including iFLYTEK's "AI Learning Tablet: A Personalised Learning Device Empowered by Spark Large Model", and Apollo Go 's "Autonomous Ride-hailing Platform", were shortlisted for the Top 30 of the SAIL Award. Biren Technology 's joint project on the "Distributed OCS All-Optical Interconnection Chips and Super-node Application Innovation Solution" won the SAIL Award, the highest honour at WAIC. This award aims to identify globally recognised AI projects that significantly enhance human well-being, thereby encouraging technological breakthroughs, application innovations and governance explorations. During the conference, Cyberport also co-organised a forum entitled "The Bay Area Hub in the Age of AI: Hong Kong's New Vision for the Smart Economy" with the HKTDC and the Hong Kong Science and Technology Parks (HKSTP) to explore Hong Kong's strategic positioning in the development of the smart economy. The forum features speakers from leading technology enterprise including Chairman of Suanova Technology Douglas Fang, Prof Guo Yike, Provost of the Hong Kong University of Science and Technology (HKUST) and Director of HKGAI, and Prof Yang Hongxia, Executive Director of the PolyU Academy for Artificial Intelligence, Associate Dean (Global Engagement) of Faculty of Computer and Mathematical Sciences, who shared insights on the application and future development of AI technology. Additionally, a panel discussion, moderated by Dr Crystal Fok, Director of AI Applications at Cyberport, included Hendrick Sin, Chairperson of the Committee of the AISS, Alvin Li, Head of Supervisory Technology at the Hong Kong Monetary Authority (HKMA), Liu Hui, General Manager of Hong Kong Inspur Cloud Company, and Guanchun Wang, Chairman of Laiye Technology to discuss how Hong Kong can leverage its international advantages to foster cross-regional cooperation, exploring aspects such as government funding, financial regulation, enterprise settlement, and the international expansion of start-ups. With the AISC, the largest in Hong Kong, commencing operation in December last year, Cyberport actively promotes the local R&D and applications, with the AISC and AI Lab as the core engines to achieve more scientific research breakthroughs. This year, its computing power will gradually increase to 3,000 PFLOPS to meet the industry's growing demand for R&D. Cyberport also collaborates with over 400 AI and data science start-ups and works with local colleges, R&D institutions and enterprises to fully utilise the computing resources of the AISC to promote AI technology and R&D, empowering digital and intelligent transformation of industries, promoting the digital economy and AI development, and supporting Hong Kong in realising its vision of becoming an international AI and I&T hub. Appendix I - Cyberport start-ups participating in the World Artificial Intelligence Conference (WAIC) 2025 (in alphabetical order): Company Name Description Canpanion Group Limited Canpanion is crafting the best internationally recognised psychological and educational AI expert for Asian, built on high-quality international standards and integrated with local data and best practices, empowering game changers of tomorrow. It has built an AI education ecosystem and developed an AI-powered assessment and training system, a data analysis platform, AI campus assistants, AI professional teachers and intelligent robots. It has established partnerships with more than 100 organisations and stakeholders from various sectors, including the Hong Kong Digital Policy Office, the Hong Kong University of Education, Zhejiang University, Nantong Psychology Association, Cyberport and City University of Hong Kong. FireAlert FireAlert is a leading AI solutions provider in Hong Kong, specialising in Retrieval-augmented generation (RAG), Inference AI and Agentic AI technologies. FireAlert provides secure, reliable and locally deployed solutions that combine a dynamic knowledge base with multimodal interaction capabilities to empower organisations to achieve data-driven decision making. L A i PIC AI Te chnology Co mpany Li mited is a Chinese AIGC enterprise awarded the national-level "Little Giant" title for specialization, refinement, distinctive features and innovation. Since its establishment on July 30, 2015, it has launched products such as AI animation generation (Doratoon), AI interactive agent (Vinabot), and AI multilingual barrier-free simultaneous interpretation (InnAIO). It has served over 30 million users worldwide, covering more than 180 countries and regions, with branches in Hong Kong, Tokyo, Singapore, Dubai, Los Angeles, Paris and other locations, and has always been committed to realizing the next-generation interaction methods for global users through AI. Laiye Technology HK Limited With the vision of Building AI Agents for Everyone, Laiye Technology is a leading enterprise in the field of global intelligent automation, and a National-Level Specialised and Innovative "Little Giant" Enterprise. Their solutions cover the core scenarios of finance, human resources, customer service, marketing, sales, production and supply chain from simple tasks to complex processes, and through end-to-end intelligent automation, the company are able to reconstruct the human-machine collaboration model, achieve cost reduction and increase efficiency, and unleash the potential of organisational innovation. The company serves more than 3,000 clients, including 300 Fortune 500 companies. Lidarvision Limited Founded in 2021, Lidarvision is focused on providing standardised, fall detection AI systems based on 3D LiDAR technology while maintaining strict user privacy and security. The company's vision is to be able to quickly detect falls in indoor environments and notify caregivers at the earliest opportunity. Leveraging its extensive experience in AI and 3D LiDAR technologies, Lidarvision is committed to improving the quality, performance and execution of its software with the goal of outperforming its competitors on all fronts. Re al AI Technology HK Limited RealAI was established in July 2018 with the support of Tsinghua University's Institute for AI Industry Research. It focuses on AI safety and large model applications, building trustworthy, reliable and expandable third-generation AI. It strives to achieve commercialization in the fields of government, finance, education, and security by building large model safety and AI forgery content detection platforms, empowering the new quality of productive forces. HK Simfinity Holdings Limited HK Simfinity specialises in AI+XR+IoT intelligent training solutions. Its SimCloud platform seamlessly integrates large-scale AI models, virtual reality and IoT technologies to provide immersive training systems for high-growth industries such as healthcare and aviation. The company has collaborated with the Faculty of Medicine of the Chinese University of Hong Kong, Sinopec, Red Cross, and Cathay Pacific. It is also an ecosystem partner for the deployment and testing of the Amazon Cloud Deepseek project, and maintains a strategic partnership with Qualcomm. Votee AI Limited Based in Hong Kong, Votee AI is an innovative company focusing on AIGC technology for government and enterprise, dedicated to providing cutting-edge AI solutions to solve real business challenges, enhance operational efficiency, and create greater value. Leveraging deep local market presence and insights gained over years, we possess a profound understanding of the unique needs of Hong Kong's government, enterprises, and users. Through our proprietary Cantonese Large Language Model (LLM), multi-dialect support capabilities, and secure on-premises AI Agent platform, we deliver AI solutions that are precisely tailored to meet local market demands. YouToo Robot (HK) Limited YouToo Robot is an innovative enterprise focusing on industrial AI, with a core team from The Chinese University of Hong Kong with rich experience in industrial automation and entrepreneurship. The company uses its self-developed industrial vertical AI model to enter the manufacturing industry's digitalization scene, and builds NexFactory, a sustainable learning intelligent operation and maintenance product, which solves the problems of equipment troubleshooting and knowledge transfer. NexFactory has been recognised as one of the "Top 100 Industrial APPs" by the Ministry of Industry and Information Technology of the People's Republic of China (MIIT), selected for the Hong Kong Cyberport Incubation Program, and invested by TusStar and SF Capital. Hashtag: #Cyberport The issuer is solely responsible for the content of this announcement. About Hong Kong Cyberport Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong's digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,200 companies, including 5 listed companies and 7 unicorns. One-third of onsite companies' founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets. Cyberport, with Hong Kong's largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 350 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong's largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society. Also as Hong Kong's key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Mainland China and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level. For more information, please visit Cyberport
Zawya
2 hours ago
- Zawya
Greater Bay Area Residential Market Largely Stabilized, Although Sentiment in Q2 2025 Marred by Geopolitical Risks
Logistics Portfolio Investment Transactions Gain Attention, Neighborhood Retail Assets Becoming Sought After Greater Bay Area (GBA) cities continued to extend property-related easing policies from last year through the 1H 2025 period, with a focus on alleviating financial pressure on the supply side and supporting overall residential market sentiment However, transaction activity slowed from April 2025, impacted by uncertainties from the trade tariff war, with 1H 2025 GBA primary residential sales numbers growing slightly at 3% y-o-y Total investment volume in the GBA commercial real estate (CRE) market reached RMB24.7 billion in 1H 2025, accounting for more than 31% of the overall Chinese mainland investment market The industrial/logistics sector's share of total GBA CRE investment expanded notably with several large-sized logistics portfolio deals recorded, while neighbourhood retail malls also captured interest HONG KONG SAR - Media OutReach Newswire – 29 July 2025 – Global real estate services firm Cushman & Wakefield today published its Greater Bay Area Residential and Commercial Real Estate Investment Market 1H 202 5 Review and 2H Outlook. Local governments across GBA cities continued the real estate policies introduced last year through the 1H 2025 period to continue to support a stable market recovery, including easing restrictions on the demand side and alleviating financial pressures on the supply side. From January to March, primary residential market transaction numbers and prices demonstrated growth. Regardless, market sentiment has been weakened since April by uncertainties surrounding the trade tariff war, again prompting potential home buyers to adopt a wait-and-see approach, and resulting in a pause in the upward momentum in home prices. GBA primary residential sales numbers through 1H 2025 recorded mild y-o-y growth of 3%. As for the CRE investment market (large-sized deals at >RMB100 million), property owners have adjusted their expectations. The industrial/ logistics sector accounted for more than 50% of the total GBA investment consideration in 1H 2025, with several large-sized logistics portfolio deals recorded. At the same time, the market has seen increasing interest in the neighborhood retail sector, where assets with stable rental yields are gaining investors' attention. We expect to see more high-quality retail assets transacted in the second half of the year. GBA Residential Market Following the Central Government's reiteration of the need to halt the real estate market decline and spur a stable recovery in its 2025 work report, both the Central Government and GBA local governments continued to extend market-easing real estate policies from last year through the 1H 2025 period. Measures on the demand side, such as "four cancellations" and "four reductions" were extended. Authorities also focused on alleviating financial pressures on the supply side, aiming to strengthen overall market sentiment and boost buyer confidence. Key initiatives included promoting the launch of special-purpose bonds to reclaim and acquire idle land and unsold residential units. Notably, Guangzhou became the first Tier-1 city in the country to fully abolish the "three restrictions" in housing policy. The GBA primary residential market showed resilience in the Q1 period despite being the traditional off-season. Monthly transaction numbers from January to March expanded on the same period last year. However, starting from April, greater uncertainties surrounding the trade tariff war weighed on overall economic performance and dampened residential market sentiment. In turn, more potential home buyers adopted a wait-and-see approach. New home sales in April fell by 16% from March, while May and June remained largely stable. The GBA primary residential market recorded approximately 137,000 transactions in the 1H 2025 period, up slightly at 3% y-o-y, with Tier-1 cities such as Guangzhou and Shenzhen showing significant growth. However, comparing with the significant recovery following last year's introduction of aggressive easing policies, the 1H 2025 total transaction number was down 26% from the 2H 2024 level (Chart 1). Chart 1: GBA First-Hand Residential Sales Source: CREIS, Cushman & Wakefield In terms of home prices, primary market prices are more swayed by the quality level of newly launched projects. First-hand residential prices in the nine GBA mainland cities showed mixed performances in 1H 2025. Developers generally adopted more realistic pricing strategies to attract buyers, actively offloading inventory to improve cash flow. For secondary home prices, which better reflect current underlying trends, and using Shenzhen as an example, the Cushman & Wakefield Shenzhen mid-to-high-end secondary home price index strengthened by 4.0% from the Q4 2024 level. However, as market sentiment turned more cautious from April, overall prices experienced downward pressure and recorded a q-o-q decline of 4.4% in Q2, bringing the year-to-date adjustment to a modest -0.5% (Chart 2). Chart 2: Shenzhen Mid-to-High-End Secondary Home Price Index Source: Cushman & Wakefield Alva To, Cushman & Wakefield's Vice President, Greater China & Head of Consulting, Greater China said, "With central and local governments continuing to relax demand-side policies, and with the central government actively promoting the development of "Good Housing," we expect pent-up demand from both first-home buyers and upgraders to be further released. Through the past six months, local governments have accelerated the implementation of special-purpose bonds to reclaim and acquire idle land and unsold units, helping to alleviate developers' financial pressures and promote supply-demand balance in the housing market. These efforts should also support potential homebuyers' confidence and, in turn, a stable recovery in the GBA residential market. In the 1H 2025 period, new home sales numbers stood out in Guangzhou and Shenzhen, indicating that high-quality residential units, in prime locations in first-tier cities, at reasonable prices continue to be sought after despite market volatility. "However, uncertainties surrounding trade tariff policies contributed to weaker sentiment in the GBA residential market in Q2, and the restoration of market confidence is expected to take time. We believe that, even if China-U.S. trade tensions show sign of easing in 2H 2025, lingering uncertainty may keep buyers cautious through the Q3 period, and residential transaction numbers are not likely to strengthen significantly. Nonetheless, fundamental housing demand from first-time homebuyers and upgraders is likely to provide continuous support to the GBA residential market. We forecast average monthly new home sales to record around 27,000 to 28,000 units in 2H 2025, bringing the full-year 2025 transaction number to approximately 300,000 units. Meanwhile, home prices are still facing downwards pressure, with a full-year price correction estimated in the range of a 0%–5% decline." GBA CRE Investment Market The GBA CRE property investment market remained resilient in the 1H 2025 period, with total investment volume reaching RMB24.7 billion, marking a 108% increase compared to the same period last year, and accounting for around 31% of total investment volume in the Chinese mainland (see Chart 3). Among the 35 transactions, 31 were at less than RMB1 billion, reflecting that investors remain cautious on big-ticket transactions. Chart 3: CRE Investment Transactions in the GBA (2020 - 1H 2025) Source: Cushman & Wakefield By property type, industrial and logistics assets accounted for the largest share of total CRE property investment in the GBA by transaction value in 1H 2025, with 14 related deals making up more than half of the total investment volume (see Chart 4). Within the industrial and logistics transactions, Tier-2 cities including Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Zhaoqing, and Huizhou, recorded a combined transaction volume of RMB9.6 billion, comprising both logistics portfolios and individual warehouse deals. Dongguan, classified as a Tier-2 city, stands out as a top choice for logistics investment due to its strategic location, making it the most desirable logistics hub within the GBA and a key focus for investors. Investment interest in the neighborhood retail sector also continued to heat up in the 1H period. Assets with stable rental yields and mature operations are favored by the market, attracting a diverse range of buyers. A total of nine retail sector transactions were recorded in the GBA in 1H 2025. Chart 4: Share of Asset Type in the GBA CRE Investment Market (by Transaction Volume) Source: Cushman & Wakefield Charli Chan, Cushman & Wakefield's Deputy Managing Director, Capital Markets, China commented, "Looking ahead to 2H 2025, among the various types of investment properties, we believe the logistics and commercial sectors will continue to outperform. With the ongoing expansion of cross-border e-commerce, demand for logistics assets has remained strong and continues to attract investor attention. However, the GBA's warehouse market is expected to see a heavy new supply pipeline over the next two to three years, which will likely lead to a rise in vacancy rates and exert downward pressure on rents. Moreover, since the onset of the China–U.S. trade tensions, market sentiment has become more volatile. Logistics asset owners have become more pragmatic, allowing for greater room in price negotiations. This has helped narrow the expectation gap between buyers and sellers, potentially facilitating more transactions in logistics and warehouse facilities. We believe institutional and long-term investors will seize this opportunity to hunt for value. On the other hand, we expect to see more transactions involving high-quality commercial assets in the 2H 2025 period. Benefiting from the spillover of Hong Kong residents' spending power and a shift toward mid- to lower-end consumption, well-performing shopping centers and community retail malls are gaining market traction and interest from potential investors. However, mall owners in Tier-1 cities tend to be more reluctant to sell, whereas owners in Tier-2 cities are more pragmatic, making retail projects in mature communities the preferred investment sectors for insurance companies and real estate funds." Please click here to download photos. Photo 1: Alva To, Cushman & Wakefield's Vice President, Greater China & Head of Consulting, Greater China (Left), and Charli Chan, Cushman & Wakefield's Deputy Managing Director of Capital Markets, China (Right) Hashtag: #Cushman&Wakefield The issuer is solely responsible for the content of this announcement. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit or follow us on LinkedIn ( Cushman & Wakefield
Zawya
3 hours ago
- Zawya
Some airlines benefit from a weaker US dollar: IATA
Airlines marginally benefited in the first half of 2025 as the US dollar depreciated by 7% against its trading partners' currencies, according to an IATA report. Jet fuel is airlines' largest cost component (closely matched by labor costs), and it is usually traded in US dollars. The price of jet fuel has also fallen in 2025, by approximately 6% over the first six months, allowing for a combined savings of roughly 12% on the fuel bill for non-USD-based carriers, equating to a reduction in total costs of around 3%, the report said. Other dollar-linked costs, such as maintenance and repairs, payments for aircraft, and interest on dollar-priced loans, also became cheaper for non-dollar-based carriers. In 2024, maintenance represented around 8% of operating costs, while aircraft ownership, including leasing and depreciation, accounted for about 11%. The overall impact on operating expenses of the lower fuel price and the weaker USD as it pertains to these dollar-denominated cost components is approximately 4.5% during the first half of 2025, on average, for non-dollar-based carriers. The Chinese yuan and the Indian rupee remained virtually unchanged against the dollar, excluding them from the benefits of the general dollar decline. The Turkish lira and the Argentine peso are at the losing end of the spectrum, having depreciated by 11% and 14% against the dollar, respectively. All the bills' carriers in those countries that pay in US dollars will increase accordingly, in local currency terms. 2025 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
