Latest news with #aviation
Gulf Business
41 minutes ago
- Business
- Gulf Business
Saudi Arabia opens airspace to enable smooth flow of air traffic
Image: Getty Images/ For illustrative purposes Saudi Arabia has opened its airspace to support the smooth flow of international air traffic amid recent The kingdom is now handling an average of more than 1,330 daily flights through its airspace, which is nearly double the number recorded before the crisis began. These additional flights were managed safely and efficiently, aided by advanced technologies and stringent security measures in full compliance with International Civil Aviation Organization (ICAO) standards. According to SPA, the General Authority of Civil Aviation ( More than 220 international air carriers transited through Saudi skies during this time, prompting the activation of pre-planned airspace expansion protocols. Saudi reinforces airport and airspace security The kingdom reinforced its airport and airspace security through enhanced surveillance systems, risk management frameworks, and technical infrastructure upgrades. Crisis management teams, equipped with cutting-edge technologies, processed real-time data to provide rapid operational support to local and regional stakeholders. This allowed for seamless traffic flow and strengthened Saudi Arabia's reputation as a safe and reliable aviation hub. Saudi Arabia's air navigation system includes 20 control towers, two regional area control centres with 15 control sectors, 10 approach control centres, and over 1,200 navigation devices across the country, SPA reported. These are operated by a workforce of more than 1,900 aviation specialists, including over 700 male and female air traffic controllers, all working under advanced operational methodologies.
Yahoo
2 hours ago
- Business
- Yahoo
Highest-paying jobs in Germany: Official data and job postings reveal top salaries
Germany is the world's third-largest economy, with a projected GDP of $4.74 trillion (€4.12tn) in 2025. According to IMF estimates from April of this year, it ranks among the top 20 countries in GDP per capita, with its total standing at $55,911 (€47,206). Germany is also the top EU destination for immigrants in total — combining arrivals from both within and outside the bloc, according to Eurostat. Some of them are highly skilled and dream of finding good, well-paid jobs. So, what are the highest-paying positions in Germany, and what are the average annual earnings for these roles? Euronews Business takes a closer look at the highest salaries in Germany using two sources that reflect different aspects of the job market. The first is the gross earnings dataset from the Federal Statistical Office (Destatis) from April 2024. While the data is reported monthly, it has been converted into annual figures by multiplying by 12. Euronews has also looked at job postings from global hiring firm Indeed, covering annual earnings from May 2024 to April 2025. According to Destatis, aviation is the top-paying sector in Germany, with a median gross annual salary of €336,000. Median earnings in this field typically start from €132,000. In the healthcare industry, median annual earnings range between €108,000 and €156,000, followed by the legal and judiciary sector, where salaries fall between €84,000 and €144,000. In academia and research, median salaries range from €72,000 to €120,000, closely followed by the IT and engineering sector, where salaries fall between €72,000 and €114,000. Public sector employees are also well paid, with median salaries ranging from €60,000 to €114,000. Retail and services represent the lowest-paid sector, with median annual earnings ranging from €30,000 to €42,000. The average gross monthly earnings in April 2024 were €4,634, amounting to €55,608 annually in Germany. Related Why the Strait of Hormuz remains critical for the global economy Amazon predicts thriving future for high street retail hand in hand with e-commerce Pilots have the highest median annual gross earnings in Germany, with salaries varying based on experience and specific roles. Those in highly complex aviation roles earn a median salary of €342,072, and an average of around €337,152. Flying instructors in complex roles have a median annual salary of €281,592, ranking them second in terms of median earnings. Among the top 50 highest-paying jobs, four additional aviation roles are also featured: air traffic surveillance and control (complex) at €147,996 (5th), airline and aircraft pilots (complex) at €139,524 (6th), aircraft pilots at €122,484 (12th), and technical air traffic control (complex) at €109,188 (20th). Healthcare occupations dominate the list of highest-paying jobs in Germany, with 11 roles included in the top 50. At the top of the list are managers in human medicine and dentistry, earning a substantial €165,576 annually and ranking third overall. Among technical roles, highly complex positions in laboratory medicine and radiology follow closely, with median annual salaries of €131,556 and €129,012, respectively. Medical doctors are also well represented, especially those in surgical specialties, earning €118,668 per year. General or unspecified medical practitioners in highly complex roles can expect to earn around €100,000 annually. Managers in legal services and jurisdiction rank fourth overall, with a median annual salary of €149,280. Judges in highly complex roles follow at 38th place, with prosecutors and lawyers in similarly complex roles ranking just behind them, all earning around €95,000 annually. Related Oil price drops, shares jump as Trump announces Israel-Iran ceasefire Working from home: Why the UK leads in Europe and how other countries compare Not surprisingly, managerial positions across various sectors appear in the top 50 highest-paying jobs. These sectors include universities, technical research, computer science, public administration, IT systems, software development, accounting, business organisation, and media management. These managers typically earn more than €100,000 annually, with none earning less than €90,000. Perhaps one of the most surprising entries in the list is the magicians and illusionists sector, ranking eighth overall with annual earnings of €134,316. National security service employees in highly complex roles also feature in the top 50, with salaries just over €90,000. Indeed's list of highest-paying occupations also highlights broader salary trends. Corporate tax advisors top the chart with a median annual salary of €145,000 in Germany. Various sales roles come next in the ranking, such as managing directors and heads of sales, with median earnings ranging from €107,500 to €138,243. A labour law attorney earns €105,000, while general lawyers receive around €93,334. System Applications Product consultants earn just under €100,000, with senior system engineers following closely at €95,000. Other tech roles, such as IT security specialists and technical SAP consultants, have salaries around €90,000. In the management category, directors also earn approximately €90,000. There is only one medical profession appearing on the list — dentists — with a median wage of nearly €86,000 because 'physicians and surgeons' is excluded from Indeed's dataset, requiring a separate analysis. Related 'Now is the moment to really embrace those tools': LinkedIn's top tips to futureproof your career As jobs and skills continue to evolve, the highest-paying roles are expected to shift as well. 'We anticipate that AI/GenAI, green energy, cybersecurity, and biotechnology will produce new top-earning job titles over the next 5–10 years,' Pawel Adrjan, Director of Economic Research at Indeed, told Euronews Business. He noted that roles like AI ethicist, GenAI engineers, climate data analysts and key sustainability roles are gaining momentum and are likely to enter the upper salary tiers as demand for specialised expertise in these fields increases. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
Air Astana: How can Kazakhstan's flag carrier boost its dwindling share price?
As Central Asia's only airline listed on three stock exchanges, Kazakhstan's flagship carrier Air Astana has led the region's aviation sector for over 20 years. Since its IPO in February 2024, the airline's share price has dipped. Ahead of their half year results, Euronews sat down with Air Astana's CEO, Peter Foster, to discuss his plans to raise share prices and expand Kazakhstan's flag carrier's global presence. Q: How do you assess investor sentiment following Air Astana's IPO, and what key strategies do you plan to implement to maintain stock and shareholder value? A: The stock price has been a bit disappointing since the IPO in February of last year — the stock price has declined. The main point to make is that the company, in fact, has performed extremely well and continues to do so. So of course, our job is to manage the company to the best of our ability and of course to maximise shareholder value. We have recently announced a very substantial dividend. In fact, the largest dividend that we've ever paid, and one of the largest dividends in the airline industry today. And that's a reflection of the strong performance, of the strong balance sheet, the strong cash balance. We believe that if we continue to manage the company well and if it performs well, the stock price will follow eventually. The key really is to continue managing the airline in the way that we have in all [my] 20 years here: To keep focussed on cost, to keep cost competitive so that the airline remains competitive in an increasingly challenging global marketplace and to maximise service levels to ensure top class safety standards and by doing so, we can leverage the quality of the product to ensure the airline continues being profitable. Related The Big Question: How will AI transform the travel industry? Airbus pledges higher dividends as it confirms financial guidance Q: You have outlined major strategic opportunities for international growth — in the Gulf, Western Europe, China, Korea, Japan and India. What would these partnerships entail? A: Kazakhstan is a country of 20 million people and yet Air Astana today is at 62 aircraft and of course we intend to grow that to 84 aircraft by the end of 2028. When you look at the size of Air Astana and growth profile and the overall size of the Kazakhstan market, you see that of course we are proud to serve the Kazakhstan market and Kazakhstan's travellers, but it's not sufficient to enable the airline to grow as we are doing into a significant international airline player. Therefore, we absolutely need to leverage our position in close proximity to some of the world's largest markets to ensure that we are also getting a significant portion of our customers from those large markets which are much bigger than Kazakhstan. The best way to leverage that geographical position is to work with partner airlines from those countries. We're presently in discussions with China Southern in China, we are having discussions with carriers in India, we've recently signed a code share with Japan Airlines for the Japanese market, we have an existing commercial relationship with Lufthansa for western Europe, with Turkish Airlines for Turkey. So, this is the way that an airline of our aspiration with a home market that is relatively small can leverage the quality of the airline and the geography of location of the airline with partners to expand beyond its own borders. Q: With the current shortage of fuel-efficient aircraft, how is Air Astana adapting its operational strategies? A: The manufacturers and the engine manufacturers introduced new engine technology from NASA ten years ago. Without going into technical detail, it was technology that was primarily driven by the need to provide higher bypass engines, which are more fuel-efficient. You get more power from less fuel burned, which saves the airline money and of course, it's more environmentally sustainable. In fact, on an average flight, it takes to London [from Astana], a 7.5-hour flight, we can save up to 20-25% more fuel than would have been burning in the past times. So that's very good. The problem with that is that the engine technology is relatively new, complex and it has been subject to reliability issues which are ongoing and so we're not getting quite the efficiency or the sustainability readings that we had hoped for. But those problems will resolve themselves in time and therefore we can expect to get the full benefits both in terms of economics and the environment as we go forward. Related 'Geologically blessed': How Kazakhstan can help Europe's green transition Volvo Cars CEO: dual tech for China and the West is new trade reality Q: What green technologies or sustainability initiatives is Air Astana adopting to contribute to Kazakhstan's net-zero goals? A: We were one of the first movers to bring in the Airbus neo long-range aircraft. In fact, we were the first airline to sign for those aircraft at Paris Air Show ten years ago. They are significantly better, more optimal than the previous engine technology that was deployed on aircraft on those long routes and we will continue to introduce those aircraft in order to meet the sustainability targets. The manufacturers are working on enhanced technology in terms of aerodynamics, in terms of wing design, in terms of engine design, as we go forward. But inevitably the significant portion of our realisation of net zero will come from carbon credits and the CORSIA scheme (Carbon Offsetting and Reduction Scheme for International Aviation), which has been introduced and endorsed by the United Nations and all member states. Sign in to access your portfolio
Yahoo
2 hours ago
- Business
- Yahoo
Air Astana: How can Kazakhstan's flag carrier boost its dwindling share price?
As Central Asia's only airline listed on three stock exchanges, Kazakhstan's flagship carrier Air Astana has led the region's aviation sector for over 20 years. Since its IPO in February 2024, the airline's share price has dipped. Ahead of their half year results, Euronews sat down with Air Astana's CEO, Peter Foster, to discuss his plans to raise share prices and expand Kazakhstan's flag carrier's global presence. Q: How do you assess investor sentiment following Air Astana's IPO, and what key strategies do you plan to implement to maintain stock and shareholder value? A: The stock price has been a bit disappointing since the IPO in February of last year — the stock price has declined. The main point to make is that the company, in fact, has performed extremely well and continues to do so. So of course, our job is to manage the company to the best of our ability and of course to maximise shareholder value. We have recently announced a very substantial dividend. In fact, the largest dividend that we've ever paid, and one of the largest dividends in the airline industry today. And that's a reflection of the strong performance, of the strong balance sheet, the strong cash balance. We believe that if we continue to manage the company well and if it performs well, the stock price will follow eventually. The key really is to continue managing the airline in the way that we have in all [my] 20 years here: To keep focussed on cost, to keep cost competitive so that the airline remains competitive in an increasingly challenging global marketplace and to maximise service levels to ensure top class safety standards and by doing so, we can leverage the quality of the product to ensure the airline continues being profitable. Related The Big Question: How will AI transform the travel industry? Airbus pledges higher dividends as it confirms financial guidance Q: You have outlined major strategic opportunities for international growth — in the Gulf, Western Europe, China, Korea, Japan and India. What would these partnerships entail? A: Kazakhstan is a country of 20 million people and yet Air Astana today is at 62 aircraft and of course we intend to grow that to 84 aircraft by the end of 2028. When you look at the size of Air Astana and growth profile and the overall size of the Kazakhstan market, you see that of course we are proud to serve the Kazakhstan market and Kazakhstan's travellers, but it's not sufficient to enable the airline to grow as we are doing into a significant international airline player. Therefore, we absolutely need to leverage our position in close proximity to some of the world's largest markets to ensure that we are also getting a significant portion of our customers from those large markets which are much bigger than Kazakhstan. The best way to leverage that geographical position is to work with partner airlines from those countries. We're presently in discussions with China Southern in China, we are having discussions with carriers in India, we've recently signed a code share with Japan Airlines for the Japanese market, we have an existing commercial relationship with Lufthansa for western Europe, with Turkish Airlines for Turkey. So, this is the way that an airline of our aspiration with a home market that is relatively small can leverage the quality of the airline and the geography of location of the airline with partners to expand beyond its own borders. Q: With the current shortage of fuel-efficient aircraft, how is Air Astana adapting its operational strategies? A: The manufacturers and the engine manufacturers introduced new engine technology from NASA ten years ago. Without going into technical detail, it was technology that was primarily driven by the need to provide higher bypass engines, which are more fuel-efficient. You get more power from less fuel burned, which saves the airline money and of course, it's more environmentally sustainable. In fact, on an average flight, it takes to London [from Astana], a 7.5-hour flight, we can save up to 20-25% more fuel than would have been burning in the past times. So that's very good. The problem with that is that the engine technology is relatively new, complex and it has been subject to reliability issues which are ongoing and so we're not getting quite the efficiency or the sustainability readings that we had hoped for. But those problems will resolve themselves in time and therefore we can expect to get the full benefits both in terms of economics and the environment as we go forward. Related 'Geologically blessed': How Kazakhstan can help Europe's green transition Volvo Cars CEO: dual tech for China and the West is new trade reality Q: What green technologies or sustainability initiatives is Air Astana adopting to contribute to Kazakhstan's net-zero goals? A: We were one of the first movers to bring in the Airbus neo long-range aircraft. In fact, we were the first airline to sign for those aircraft at Paris Air Show ten years ago. They are significantly better, more optimal than the previous engine technology that was deployed on aircraft on those long routes and we will continue to introduce those aircraft in order to meet the sustainability targets. The manufacturers are working on enhanced technology in terms of aerodynamics, in terms of wing design, in terms of engine design, as we go forward. But inevitably the significant portion of our realisation of net zero will come from carbon credits and the CORSIA scheme (Carbon Offsetting and Reduction Scheme for International Aviation), which has been introduced and endorsed by the United Nations and all member states. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
Highest-paying jobs in Germany: Official data and job postings reveal top salaries
Germany is the world's third-largest economy, with a projected GDP of $4.74 trillion (€4.12tn) in 2025. According to IMF estimates from April of this year, it ranks among the top 20 countries in GDP per capita, with its total standing at $55,911 (€47,206). Germany is also the top EU destination for immigrants in total — combining arrivals from both within and outside the bloc, according to Eurostat. Some of them are highly skilled and dream of finding good, well-paid jobs. So, what are the highest-paying positions in Germany, and what are the average annual earnings for these roles? Euronews Business takes a closer look at the highest salaries in Germany using two sources that reflect different aspects of the job market. The first is the gross earnings dataset from the Federal Statistical Office (Destatis) from April 2024. While the data is reported monthly, it has been converted into annual figures by multiplying by 12. Euronews has also looked at job postings from global hiring firm Indeed, covering annual earnings from May 2024 to April 2025. According to Destatis, aviation is the top-paying sector in Germany, with a median gross annual salary of €336,000. Median earnings in this field typically start from €132,000. In the healthcare industry, median annual earnings range between €108,000 and €156,000, followed by the legal and judiciary sector, where salaries fall between €84,000 and €144,000. In academia and research, median salaries range from €72,000 to €120,000, closely followed by the IT and engineering sector, where salaries fall between €72,000 and €114,000. Public sector employees are also well paid, with median salaries ranging from €60,000 to €114,000. Retail and services represent the lowest-paid sector, with median annual earnings ranging from €30,000 to €42,000. The average gross monthly earnings in April 2024 were €4,634, amounting to €55,608 annually in Germany. Related Why the Strait of Hormuz remains critical for the global economy Amazon predicts thriving future for high street retail hand in hand with e-commerce Pilots have the highest median annual gross earnings in Germany, with salaries varying based on experience and specific roles. Those in highly complex aviation roles earn a median salary of €342,072, and an average of around €337,152. Flying instructors in complex roles have a median annual salary of €281,592, ranking them second in terms of median earnings. Among the top 50 highest-paying jobs, four additional aviation roles are also featured: air traffic surveillance and control (complex) at €147,996 (5th), airline and aircraft pilots (complex) at €139,524 (6th), aircraft pilots at €122,484 (12th), and technical air traffic control (complex) at €109,188 (20th). Healthcare occupations dominate the list of highest-paying jobs in Germany, with 11 roles included in the top 50. At the top of the list are managers in human medicine and dentistry, earning a substantial €165,576 annually and ranking third overall. Among technical roles, highly complex positions in laboratory medicine and radiology follow closely, with median annual salaries of €131,556 and €129,012, respectively. Medical doctors are also well represented, especially those in surgical specialties, earning €118,668 per year. General or unspecified medical practitioners in highly complex roles can expect to earn around €100,000 annually. Managers in legal services and jurisdiction rank fourth overall, with a median annual salary of €149,280. Judges in highly complex roles follow at 38th place, with prosecutors and lawyers in similarly complex roles ranking just behind them, all earning around €95,000 annually. Related Oil price drops, shares jump as Trump announces Israel-Iran ceasefire Working from home: Why the UK leads in Europe and how other countries compare Not surprisingly, managerial positions across various sectors appear in the top 50 highest-paying jobs. These sectors include universities, technical research, computer science, public administration, IT systems, software development, accounting, business organisation, and media management. These managers typically earn more than €100,000 annually, with none earning less than €90,000. Perhaps one of the most surprising entries in the list is the magicians and illusionists sector, ranking eighth overall with annual earnings of €134,316. National security service employees in highly complex roles also feature in the top 50, with salaries just over €90,000. Indeed's list of highest-paying occupations also highlights broader salary trends. Corporate tax advisors top the chart with a median annual salary of €145,000 in Germany. Various sales roles come next in the ranking, such as managing directors and heads of sales, with median earnings ranging from €107,500 to €138,243. A labour law attorney earns €105,000, while general lawyers receive around €93,334. System Applications Product consultants earn just under €100,000, with senior system engineers following closely at €95,000. Other tech roles, such as IT security specialists and technical SAP consultants, have salaries around €90,000. In the management category, directors also earn approximately €90,000. There is only one medical profession appearing on the list — dentists — with a median wage of nearly €86,000 because 'physicians and surgeons' is excluded from Indeed's dataset, requiring a separate analysis. Related 'Now is the moment to really embrace those tools': LinkedIn's top tips to futureproof your career As jobs and skills continue to evolve, the highest-paying roles are expected to shift as well. 'We anticipate that AI/GenAI, green energy, cybersecurity, and biotechnology will produce new top-earning job titles over the next 5–10 years,' Pawel Adrjan, Director of Economic Research at Indeed, told Euronews Business. He noted that roles like AI ethicist, GenAI engineers, climate data analysts and key sustainability roles are gaining momentum and are likely to enter the upper salary tiers as demand for specialised expertise in these fields increases.
