US Treasury Secretary Scott Bessent said the yen will settle at an appropriate level if the Bank of Japan continues to conduct the right monetary policy, Japanese media reported, citing a group interview.
Bessent declined to comment on the level of Japan’s currency, Kyodo News and Nikkei reported. The yen has declined against the dollar this month at a pace at least twice that of other major currencies, touching an 8-month low of 153.27 to the dollar on Oct. 10. Receding speculation over a near-term BOJ rate hike has been a key factor in that move.
The deadly implosion of a submersible traveling to the wreck of the Titanic was the result of faulty engineering, the National Transportation Safety Board (NTSB) announced on Wednesday.
The NTSB’s final report on the voyage that killed five people in June 2023 said that OceanGate, the private company that owned the Titan, did not adequately test its experimental submersible before the trip. The Washington state-based firm, which suspended operations after the catastrophic implosion, was unaware of the submersible’s true durability, the report said.
The victims, including OceanGate CEO Stockton Rush, died instantly in the North Atlantic during the descent to the remains of the Titanic.
The implosion also killed French underwater explorer Paul-Henri Nargeolet, known as “Mr Titanic”; British adventurer Hamish Harding; and two members of a prominent Pakistani family, Shahzada Dawood and his son Suleman Dawood.
The Titan’s defective engineering “resulted in the construction of a carbon fiber composite pressure vessel that contained multiple anomalies and failed to meet necessary strength and durability requirements”, the NTSB said.
The safety board also said OceanGate had not followed standard guidance for emergency responses, and that the Titan could have been found sooner if it had. If the company had abided by expected protocols, it would have saved “time and resources”, the report said, while noting “rescue was not possible in this case”.
The report was also critical of the culture at the company, quoting a former operations technician who had raised alarms about potential coast guard regulations prior to the implosion. That technician had questioned the company’s choice to call paying passengers “mission specialists”, prompting the CEO to respond that “if the Coast Guard became a problem … he would buy himself a congressman and make it go away”, the report said, citing the technician.
The NTSB report dovetails with a coast guard report released in August that described the Titan implosion as preventable. The coast guard determined that safety procedures at OceanGate were “critically flawed” and found “glaring disparities” between safety protocols and actual practices.
A spokesperson for the company declined to comment on Wednesday.
In August, after the coast guard report was released, a company spokesperson offered condolences to the families of those who died.
The Titan’s implosion led to lawsuits and to calls for tighter regulation of private deep-sea expeditions.
The NTSB report suggested current regulations for small passenger vessels such as the Titan were inadequate and had “enabled OceanGate’s operation of the Titan in an unsafe manner”. The safety board recommended the coast guard establish a panel of experts to study submersibles and implement updated regulations.
The report also called on the coast guard to “disseminate findings of the study to the industry”, which has grown in recent years as privately financed exploration has grown.
The vessel had been making voyages to the Titanic site since 2021. Its final dive came on the morning of 18 June 2023. The submersible lost contact with its support vessel about two hours later and was reported overdue that afternoon.
A multiday search for survivors off Canada made international headlines. It soon became clear there would be no survivors, and the coast guard and other authorities began lengthy investigations into what had happened.
The sub disaster was the subject of a Netflix documentary released earlier this year.
Home » AIRLINE NEWS » American Airlines Celebrates 100th Anniversary with Retro Livery on Boeing 777-300ER, Elevating Luxury Travel and Boosting Interest in U.S. Tourism
Published on
October 16, 2025
American Airlines’ 100th anniversary celebration, marked by the debut of a retro-inspired Boeing 777-300ER, has captured the attention of travelers worldwide, from Japan to Germany, the United Kingdom to Australia. This iconic aircraft, showcasing a nostalgic livery that evokes the golden age of aviation, beautifully marries American Airlines’ rich history with cutting-edge luxury. As the airline celebrates a century of service, global travelers are eager to experience the unique journey aboard this stunning retro jet. The launch of this special aircraft is anticipated to not only elevate U.S. tourism but also boost the hospitality industry, especially in key cities like Dallas/Fort Worth, where American Airlines began its journey. Combining history, innovation, and luxury, this milestone is more than just a celebration for the airline—it serves as a gateway for tourists eager to explore the best the U.S. has to offer.
Retro Boeing 777-300ER & Lifting Expectations on Comfortable Travel and U.S. Tourism
American Airlines is celebrating their 100 years and how! Especially for aviation fans and travelers, this is a milestone year to remember. This Boeing 777-300ER retro design plays upon American Airlines legacy and makes the journey for tourists a contemporary luxury to embrace. For avid travelers and first-time visitors, this is definitely a journey to take! This patriotic work of art also uplifts American culture and history and promotes the U.S. for travelers. It will be nostalgic and heart-warming for any American to travel on this plane.
American Airlines 100 Years Celebratory Livery
American Airlines 100 years of celebrating retro and nostalgic designs on their planes. The Boeing 777-300 ER, N735AT, Flagship DFW to for Dallas/Fort Worth hub. The nostalgic design is from the 1930s. American Airlines brings back the silver eagle and the orange lightning bolts! remember those planes?
Looking Backwards Forwards Celebratory Events
Every other month called “Looking Backwards Forwards Celebratory Events,” let me celebrate the other side of the season. This Led Zeppelin article celebrates the small things and somehow shifts to the bigger theme of the season. I found it super interesting and have deep appreciation for “Beautiful Quarantine” for adapting to a smaller “retreat” and “Healing” to the deeper effects of isolation.
“Looking Backwards Forwards” was inspired and created to celebrate and reflect on the past season. This season, I had a flat lay and snuck in a “Sister Disco” Zep quote for the New Zep. I had a lot of fun creating this.
By the way, I’ve had a new motto this year, “Life in Full Bloom.” I’ve found that this quote encourages me to shoot for my goals and conquer them. Felt that this deep and bold quote paired with the lyrics of “Immigrant Song.”
Every other month called “Looking Backwards Forwards Celebratory Events,” let me celebrate the other side of the season. This Led Zeppelin article celebrates the small things and somehow shifts to the bigger theme of the season. I found it super interesting and have deep appreciation for “Beautiful Quarantine” for adapting to a smaller “retreat” and “Healing” to the deeper effects of isolation.
“Looking Backwards Forwards” was inspired and created to celebrate and reflect on the past season❤️. This season, I had a flat lay and snuck in a “Sister Disco” Zep quote for the New Zep. I had a lot of fun creating this.
By the way, I’ve had a new motto this year, “Life in Full Bloom.” I’ve found that this quote encourages me to shoot for my goals and conquer them. Felt that this deep and bold quote paired with the lyrics of “Immigrant Song.”
Flights DFW to London Heathrow (LHR): Each day nonstop from DFW to London and you can enjoy the defurbished retro flagship DFW with flagship suite business class service. London is one of the American Airlines network’ busiest transatlantic flights and it is American Airlines busiest retro jet making sure it is unforgettable.
Flights DFW to Tokyo Haneda (HND): Japan is one of the key international American Airlines and this route is anticipated getting attention from for customers for the retro jet. Another new route for American Airlines expanded the newly configured Boeing 777 to this route and customers will enjoy the more spacious and premium travel experience.
Flights DFW to Frankfurt (FRA): Also American Airlines specially designed retro jet will be used to fly and configurations for DFW to Germany route. This will be the first time used to the route and designed retro jet primary and for the flagship service to Frankfurt will be the one to complete the travel for historic Europe.
Making these flights easier for travelers is American Airlines; the company offers flights on varying budgets, whether standard or premium. With direct access to the best international travel options, “Flagship DFW” is built with the intention to provide an incredible travel experience to customers, every step of the way.
Elevating Luxury Travel: A Journey Beyond the Skies
As American Airlines turns 100 years, the updated livery signifies more than just a celebration–it’s about improving the experience for passengers. The retro jet is just a theme from the past; the company has updated the jet with modern gadgets and best comforts to give the passengers a pleasant and first-class experience.
Flagship Suite® in Business Class: Passengers will notice the privacy doors as they enter their suite, more than just a seat; it is an entire private space on the plane. These suites also have added legroom, better seating, and lie-flat options for the most comfortable long-haul travel. In addition, Business-class travelers receive personal 4K QLED screens for their entertainment at the best comforts.
Enhanced Premium Economy: American Airlines is also enhancing Premium Economy cabins to include wireless charging, better headrests, calf rests, and footrests. Travelers can enjoy the comfort during Premium Economy and the modern luxuries of business class.
Upgraded Main Cabin: American Airlines is also enhancing the travel experience in the Main Cabin. Every single passenger will enjoy the 4K QLED in-flight entertainment system and will be able to use the USB-C and AC power outlets in every seat. This provides every passenger in every class with a more convenient and enjoyable flight.
Boosting Interest in U.S. Tourism: The Flagship DFW’s Impact on Travel
Travelers to the world’s most iconic destinations on the retro-styled Boeing 777-300ER will also be able to travel to the U.S. Tourism to American cities and historical and cultural attractions will increase travel to Dallas/Fort Worth, Los Angeles, New York, and Miami. American Airlines will also increase tourism to the U.S.
American Airlines’ 100th anniversary celebration is not just a milestone for American Airlines, it is also a celebration of how far the airline industry has come. Anyone wanting to visit the United States can take advantage of the incredible flying opportunities the country has to offer. The United States has some of the world’s greatest and most luxurious tourist destinations to visit, and for a tourist, there is no better way to explore the country than flying over American Airlines to access the nations wonders.
Dallas, where American Airlines is headquartered, is expected to get more tourist traffic. The city has several tourist destinations including the Dallas Museum of Art, the Sixth Floor Museum at Dealey Plaza, the renowned Bishop Arts District, and a number of other cultural sites. The Flagship DFW is named after the airport and it expected to draw more tourist to the city and its sites.
American Airlines also flies to Los Angeles and New York. These destinations will also see more tourists. American Airlines has a luxurious flying experience, and most people will be wanting to fly to see the American retro jets. These jets also focus on the history of flying making them wanting to experience the flying of the past and see the luxury flying of the present.
Enhancing the Experience from the Hospitality Industry’s Perspective
The retro jet from American Airlines is also valuable for the hospitality industry. As customers initiate their trips to the U.S., American hospitality hotels, resorts, etc. begin to capture the interest of customers that want to travel to American cities.
The Four Seasons Hotels and Resorts. As noted for capturing the interest of the upper class that travels, Four Seasons is one of the top hotel chains. As the retro jet from American Airlines is also changing and improving tourism to the U.S., Four Seasons located in New York, Los Angeles, and Miami will gain more bookings. This is also because of the luxury services that the airline will provide, which will complement the services that provide in their flagship jets.
Wyndham Hotels – American customers are also going to capture the interest of the lower class. This is because for every class of people to spend their holidays in America. American Airlines. – set to make travel to America more affordable. This helps to increase the number of customers for the New Yorker in New York City and the Grand in Orlando. As the lower class is able to make affordable travel to America, America will also help to boost the number of customers for the lower class in the U.S. for the new customer base that America will bring in.
Marriott International: Marriott International has more than 7,000 properties and is another major hospitality business benefiting from the 100th anniversary celebrations of American Airlines. More luxurious properties, and especially The Ritz-Carlton and JW Marriott, will see even more travelers booking and looking for high-end accommodation to match their high-end travel experience on the retro Boeing 777-300ER.
When travelers are looking to relax after a luxurious flight on American Airlines, Marriott properties are well-equipped to meet their hospitality needs. Other hospitality venues, including restaurants, are bound to see positive growth as tourists arrive in the U.S. for the first time in years and experience modernization and innovations in the American hospitality industry.
Travel Tips for the Ultimate Experience on American Airlines’ Retro Jet
For travelers eager to experience American Airlines’ retro Boeing 777-300ER, there are a few travel tips to maintain the excitement during the travel.
Book Early: American Airlines has confirmed that the demand for this iconic flight is high and it is recommended that they book as early as they can. This is especially crucial during peak travel times, including the summer months and holidays, when people are traveling for extended periods of time. Keeping checking American Airlines’ official website for announcements on routes and availability will help you to book early.
Upgrade to Flagship Suite®: Book a Flagship Suite® in business class for the best experience! The extra space and added luxurious amenities create a more relaxing trip.
Check for Promotions: You can find lower prices for reverse journeys with American Airlines when they have special promotions and discounts.
Explore Dallas/Fort Worth: If you are landing in DFW check out the city! You can see the Dallas Arboretum, George W. Bush Presidential Library, and the AT&T Stadium. DFW has gotten more attention and is a great place to visit!
American Airlines’ 100th anniversary, celebrated with a retro-inspired Boeing 777-300ER, is capturing global attention. This iconic aircraft blends aviation history with modern luxury, inviting travelers to experience a unique journey while boosting U.S. tourism.
A Milestone for American Airlines, American tourism, and the American Hospitality Industry
Celebrating 100 years in the airline business and American tourism and hospitality industries, American Airlines is doing it in style with a retro 777. Nostalgic, luxurious, and borderline extravagant, the plane comes with American Airlines enhanced amenities and flight service. It is a celebration for all, and it promotes tourism to important cities in the U.S. The celebration for the hospitality industry and high-end hotels like The Four Seasons and Wyndham, will ‘win’ with tourism brought in by American Airlines and hospitality industry and high-end hotels like The Four Seasons and Wyndham, will ‘win’ with tourism brought in by American Airlines. It’s a touristic win-win all around.
American Airlines’ retro plane will be a trip of a lifetime for av geeks, seasoned travelers, and first-time flyers alike. So don’t pass up this opportunity to see everything the U.S. has to offer.
Air carrier’s stock falls as revenue extends its streak of misses, to offset another profit beat
United Airlines expects strong travel demand leading to record revenue in the holiday quarter, but the stock fell after third-quarter revenue missed expectations, again.
Shares of United Airlines Holdings Inc. fell in after-hours trading Wednesday, after the air carrier reported revenue that missed expectations for a third straight quarter, which took the shine off an upbeat travel outlook over the holidays.
The revenue miss comes even after profits continued to beat Wall Street’s projections, and after the company said it was “thriving” despite uncertainties about the economy, thanks to strong demand from flyers seeking premium services and from members of its frequent-flyer programs.
United’s stock (UAL) declined 1.9% in Wednesday’s after-hours session, after closing the regular session up 0.9% at a four-week high.
Net income for the quarter to Sept. 30 slipped 1.7% to $949 million, while adjusted earnings per share, which excludes nonrecurring items, of $2.78 beat the FactSet consensus of $2.65. That marked the 13th straight quarter United had beat bottom-line expectations.
Meanwhile, total revenue rose 2.6% from the same period a year ago to $15.23 billion, but that was below the average analyst revenue estimate compiled by FactSet of $15.33 billion.
Revenue from premium seats increased 6% and revenue from its loyalty program members grew 9%, to outpace revenue growth from basic economy seating of 4%.
Passenger revenue, which excludes cargo and other revenue, rose 1.9% to $13.82 billion, with domestic revenue increasing 3.1%.
The company said the growth momentum, particularly in premium and loyalty flyers, has continued into the current fourth quarter. As a result, United now expects the fourth quarter to have “the highest total operating revenue for a single quarter in company history.”
United’s positive outlook comes a week after rival Delta Air Lines Inc. (DAL) made similar comments about its outlook for the rest of the year, with sales trends accelerating, particularly among premium flyers.
United’s stock has gained 7.2% in 2025 through Wednesday, while the U.S. Global Jets ETF JETS has edged up 0.7% and the S&P 500 index SPX has advanced 13.4%.
-Tomi Kilgore
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
Appointment opens a new chapter in Apollo’s next phase of growth: expanding capital, wealth and retirement solutions across the region
TOKYO and NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced Mr. Eiji Ueda has been named a Partner and Head of Asia Pacific, succeeding Matt Michelini. Michelini, who has spearheaded Apollo’s rapid expansion across the region since his appointment in 2022, will remain in region to oversee Ueda’s transition before assuming broader leadership responsibilities with the firm next year.
Ueda joins Apollo with demonstrated investment expertise and a nuanced understanding of Asia’s evolving needs. He most recently served as Chief Investment Officer of Japan’s Government Pension Investment Fund (GPIF), one of the largest institutional investors globally, where he led a strategic portfolio restructuring to deliver positive results through unprecedented market volatility. Previously, he spent nearly three decades with Goldman Sachs holding positions across major financial centres, including Head of Fixed Income Trading and Head of Fixed Income, Currency and Commodities (FICC) in Tokyo as well as Co-Head of Securities, Asia, based in Hong Kong. He also served as a member of Goldman’s Asia Pacific Management Committee, Firmwide Risk Committee and Chair of the Asia Pacific Risk Committee.
“Asia Pacific is key to Apollo’s next chapter of growth,” said Jim Zelter, President of Apollo. “Fundamental shifts in the region’s economies are creating a surge in demand for not just capital, but for more integrated financial solutions across capital, wealth and retirement. We believe Apollo’s full platform, including our origination ecosystem, is well-positioned to meet these needs. Ueda’s track record of innovation, disciplined risk oversight and cross-asset management will enable us to continue scaling with conviction and understanding of local markets.”
“Apollo is bringing something new to Asia: beyond global investment expertise underpinned by local sensitivity, the firm goes further to deliver wealth and retirement solutions others may find hard to build,” said Ueda. “Asia’s demographics, savings base and capital gaps present one of the most compelling growth arcs in the world. I am excited to join the team and help position Apollo as the partner of choice across that entire continuum.”
“It has been a privilege to lead Apollo’s Asia growth over the past several years,” said Matt Michelini. “Together, we have assembled an incredibly talented team, built out our core capabilities in credit, hybrid capital, wealth and retirement solutions and established strategic partnerships that are unlocking new opportunities the region needs. Ueda’s appointment signals both continuity and evolution, and I look forward to partnering with him as we enter Apollo’s next stage of growth.”
Since 2022, Apollo’s Asia Pacific business has grown from 80 to over 150 professionals, spanning the region to deliver the firm’s leading capabilities across private investment grade credit, hybrid capital, wealth, retirement and insurance. Apollo’s approach in Asia reflects its broader strategy: long-term focused, structurally flexible and built on partnership and alignment. The firm has originated over $11 billion over the past twelve months — more than ten times the amount originated in 2020. Apollo’s retirement services business Athene has grown rapidly, reinsuring close to $19 billion in policy value to date. With strategic partnerships in Australia, Japan, Greater China and Korea, the firm has matched global scale to regional opportunities in support of growing demand for private market access and reliable income solutions.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2025, Apollo had approximately $840 billion of assets under management. To learn more, please visit www.apollo.com.
Forward-Looking Statements
In this press release, references to “Apollo,” “we,” “us,” “our” and the “Company” refer collectively to Apollo Global Management, Inc. and its subsidiaries, or as the context may otherwise require. This press release may contain forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, discussions related to Apollo’s expectations regarding the performance of its business, its liquidity and capital resources and other non-historical statements. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this press release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend” and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions. We believe these factors include but are not limited to those described under the section entitled “Risk Factors” in our annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 24, 2025, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. This press release does not constitute an offer of any Apollo fund.
[Riyadh, Saudi Arabia, October 16, 2025] Zain KSA, in partnership with Huawei, has completed the commercial deployment of 5G standalone (SA) on the 600 MHz frequency band in Saudi Arabia. This milestone significantly expands 5G coverage, delivering cell edge users (CEUs) a 50% reduction in latency and a 10x boost in uplink speeds. This enables faster responses and smoother real-time interactions for AI-driven mobile applications. These advancements also power cloud services, UHD live streaming, and IoT applications, positioning Riyadh as a global model for mobile AI cities and supporting Saudi Vision 2030’s goal of driving digital transformation through cutting-edge digital infrastructure.
Zain KSA has established a demonstration zone of 600 MHz low-band 5G SA networks in Riyadh and plans to begin a full-scale commercial rollout in Riyadh and Jeddah by Q4 2025. This will be followed by expansion across other major and secondary cities, as well as key roads linking them. The deployment leverages innovative carrier aggregation, ultra-wideband, and multi-antenna technologies to integrate the low band with Zain KSA’s existing 5G high-band spectrum. This synergy delivers wider and deeper 5G coverage, even in challenging environments such as underground parking areas and museums. It also provides stable and reliable connectivity for advanced services, including Voice over New Radio (VoNR), reduced capability (RedCap), HD video calls, real-time mobile AI interactions, cloud applications, and mobile gaming.
The sub-1 GHz band delivers wide coverage and, when used in FDD mode, reduces latency while boosting uplink speeds. It provides an ideal network foundation for real-time interactions, IoT, and vehicle-to-everything (V2X) applications in the mobile AI era. The device ecosystem for low bands is also rapidly maturing, with several leading smartphone brands already offering compatible models. Zain KSA can now extend its network reach across cities, rural areas, and roadways, with fewer base stations, optimizing investment costs and supporting network sustainability while enhancing service quality and coverage.
Eng. Mohammad AlNujaidi, CTO of Zain KSA, commented on the milestone: “This deployment represents a major leap forward in expanding Zain KSA’s 5G reach and reliability, empowering individual and enterprise users with high-performance digital experiences. Also, by enabling wide-area coverage with fewer sites, the technology supports more efficient infrastructure, reinforcing our commitment to sustainable innovation. These network advancements form a critical pillar in our mission to accelerate Saudi Arabia’s digital transformation and cement its leadership in the mobile AI era, in line with the goals of Saudi Vision 2030.”
Fang Xiang, Vice President of Huawei Wireless Network Product Line, said: “600 MHz is a golden frequency band for achieving ubiquitous 5G and 5G-A coverage. It offers high-quality multi-dimensional capabilities such as deep coverage, large uplink bandwidth, and low latency to address the needs of mobile AI services. Its strategic value has been widely recognized by global operators. Huawei is proud to partner with Zain KSA on this milestone commercial deployment. Together, we have set a new benchmark for 5G-A coverage and user experience. Looking ahead, we will continue joint innovation with Zain KSA across networks, applications, and services to deliver even greater value and drive sustainable business growth.”
With this deployment, Zain KSA reaffirms its leadership in pioneering advanced network technologies and shaping a hyper-connected, intelligent future for Saudi Arabia.
Jane Street Group LLC’s dominance in a lucrative and booming corner of the exchange-traded fund world is drawing big-money challengers including Goldman Sachs Group Inc.
The prize: $93 billion of ETFs listed in Taiwan that mostly invest in US corporate debt and Treasuries. A huge wave of demand from the East Asian island’s insurance companies and retail investors — driven by regulatory incentives and a hunt for yield — has caused this market to more than double in assets in less than three years, with trading volumes multiplying even more.
Asian Stocks Set to Track Wall Street Volatility: Markets Wrap Bloomberg.com
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Escalating trade disputes trigger a pullback in the Asia-Pacific markets, while a mysterious account opens new short positions in the cryptocurrency market. 富途牛牛