US tariffs could hike costs for airlines worldwide and put the aviation industry in “uncharted territory,” Emirates President Tim Clark said in a CNBC interview (watch, runtime: 6:44). “It’s uncharted because it involves a measure of reset to a level that the global economy probably hasn’t seen since the financial crisis of 2008-2009,” Clark said, referring to growing pressures on carriers and aviation supply chain issues. In the short-term, demand might weaken slightly, though travel will remain resilient, he added.

Emirates, as one of the world’s largest international carriers, will feel the ripple effects, but it will be able to ride the wave thanks to its global reach and strong business model, Clark said.

ALSO- Dubai-based instant messaging platform Telegram is back in the international news, after it was slapped with a RUB 7 mn fine (c. USD 80k) by Moscow’s Tagansky District Court for not removing content it says promoted terrorist attacks, pro-Ukrainian actions, and calls for anti-government protests, Russian state news agency TASS reports. The story was also picked up by Reuters.

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