Emirates is letting go dozens of employees as the Persian Gulf carrier continues a push to streamline after years of rapid growth, according to sources.

A German court has today issued an injunction ordering a halt to a strike by pilots at Lufthansa, the country’s biggest airline.

Abu Dhabi’s Etihad Airways yesterday said its strategy of buying stakes in European airlines was bringing fresh competition to the region, despite close scrutiny by regulators over whether its investments comply with European ownership rules.

It was a security consultant’s nightmare and a moment to savour — royalty, airline bosses, plane-makers and press hordes wedged into the same overcrowded room wanting to see the same thing: the colour of money in the oil-rich and fast-growing Gulf.