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Air Arabia reports first quarter 2022 net profit of $79.21mln on recovery in travel Air Arabia reports first quarter 2022 net profit of $79.21mln on recovery in travel
Air Arabia, the Middle East & North Africa’s first and largest low-cost carrier operator, reported on Wednesday a strong first quarter (January to March) 2022 as recovery in demand for air travel ...
Aviation & Transport 12 May ,2022
Key agreements set to be signed at Future Aviation Forum in Riyadh Key agreements set to be signed at Future Aviation Forum in Riyadh
The Saudi Minister of Transport and Logistic Services Eng. Saleh Al-Jasser opened on Monday the Future Aviation Forum, which is organized by General Authority for Civil Aviation, in Riyadh.The ...
Aviation & Transport 09 May ,2022
Boeing reports $1.2 bln loss on 777X plane delay, Russia costs Boeing reports $1.2 bln loss on 777X plane delay, Russia costs
Boeing reported a $1.2 billion first-quarter loss Wednesday, hit by a series of new one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane.The big US ...
Aviation & Transport 27 April ,2022
Global travel, tourism sectors to recover from COVID-19 by 2023, post 10-year growth Global travel, tourism sectors to recover from COVID-19 by 2023, post 10-year growth
The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global gross domestic product (GDP) growth, the World Travel and ...
Aviation & Transport 21 April ,2022
Air Arabia Abu Dhabi launches new route to heritage city of Jaipur in India Air Arabia Abu Dhabi launches new route to heritage city of Jaipur in India
Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to Jaipur city, capital of Rajasthan state in India, starting from May 5, 2022.Travelers ...
Travel and Tourism 07 April ,2022
Saudi airline flynas in talks with Boeing, Airbus for planes worth $13-$15 bln: CEO Saudi airline flynas in talks with Boeing, Airbus for planes worth $13-$15 bln: CEO
The board of directors of Saudi national carrier flynas has approved new orders of 250 aircraft, in order to become the largest low-cost airline in the Middle East and North Africa.The airline is in ...
Aviation & Transport 28 March ,2022
Chinese recovery crews search for second black box from crashed jet Chinese recovery crews search for second black box from crashed jet
Recovery crews searched in light rain for a second black box from a China Eastern Airlines passenger plane that plunged into a mountainside with 132 people on board, as more information emerged about ...
World News 24 March ,2022
India’s stray missile that fell in Pakistan put dozens of passenger jets at risk India’s stray missile that fell in Pakistan put dozens of passenger jets at risk
A missile that was accidentally fired from India last week narrowly missed dozens of commercial jets that were in the same skies.Several planes passed through the direct trajectory of the missile that ...
World News 17 March ,2022
UAE’s flydubai 2021 profit rebounds to $229 mln above pre-pandemic levels UAE’s flydubai 2021 profit rebounds to $229 mln above pre-pandemic levels
United Arab Emirates carrier flydubai swung to a profit of 841 million dirhams ($229 million) last year surpassing pre-pandemic figures as demand increased after travel curbs eased globally, it said ...
Aviation & Transport 07 March ,2022
Turkey’s Ayci declines Air India CEO role in setback for Tata Group after opposition Turkey’s Ayci declines Air India CEO role in setback for Tata Group after opposition
Turkey’s Ilker Ayci said on Tuesday he will not take on the role of chief executive of Tata Group’s Air India, days after the announcement of his appointment led to opposition in India over his ...
Aviation & Transport 02 March ,2022
Airbus hits back at Qatar with $220 mln claim in A350 row over undelivered planes Airbus hits back at Qatar with $220 mln claim in A350 row over undelivered planes
Airbus is seeking $220 million in damages from Qatar Airways in a dispute over undelivered passenger jets. The UK court claim for damages, in connection with two undelivered A350s, came ...
Aviation & Transport 28 February ,2022
Qatar Airways confirms grounding another A350 jet, over surface degradation Qatar Airways confirms grounding another A350 jet, over surface degradation
Qatar Airways confirmed on Monday it had grounded another A350 jet in a dispute with Airbus over gradual degradation to the surface of the long-haul jets, bringing the total number of planes grounded ...
Aviation & Transport 28 February ,2022
Middle East aircraft fleet to grow by 4.5 percent in next 10 years: Report Middle East aircraft fleet to grow by 4.5 percent in next 10 years: Report
After several difficult years for the COVID-stricken aviation industry, a new report found that it is set to rebound, with the fleet growing 4.5 percent in the Middle East alone over the next 10 years ...
Aviation & Transport 22 February ,2022
Despite challenges, Asia’s aerospace industry plots rebound at Singapore air show Despite challenges, Asia’s aerospace industry plots rebound at Singapore air show
As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market begins to recover despite emerging concerns around labor shortages, rising costs, ...
Aviation & Transport 17 February ,2022
Airbus returns to profit in 2021 at record 4.2 bln euros after two years of losses Airbus returns to profit in 2021 at record 4.2 bln euros after two years of losses
European aircraft giant Airbus posted record profits in 2021 after two years of losses, with deliveries rising as it navigates pandemic disruptions to the travel industry, company results showed on ...
Aviation & Transport 17 February ,2022
Air Arabia delivers record 2021 net profit of $196 mln, despite pandemic impact Air Arabia delivers record 2021 net profit of $196 mln, despite pandemic impact
Air Arabia, the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, on Monday announced a record financial results for the fourth quarter and for full year ending ...
Aviation & Transport 15 February ,2022
European airlines pull services back further from Ukraine European airlines pull services back further from Ukraine
European carriers took further steps to avoid Ukraine, while airline shares sank after tension mounted through the weekend over Russia’s troop buildup at the border.KLM stopped flying to Ukraine on ...
Aviation & Transport 14 February ,2022
UK summer flight bookings edging towards 2019 levels, show travel data UK summer flight bookings edging towards 2019 levels, show travel data
Demand for flights in Britain is edging back towards pre-pandemic levels for the key summer holiday period, according to market data that suggests consumers are keen to get away despite the looming ...
Aviation & Transport 09 February ,2022
UK minister offers to mediate Airbus-Qatar Airways dispute UK minister offers to mediate Airbus-Qatar Airways dispute
A British minister has offered to mediate in a row between Airbus and Qatar Airways over costly flaws on the surface of the aircraft maker's A350 passenger jets, three people familiar with the matter ...
Aviation & Transport 11 December ,2021
Emirates president Clark warns Omicron could cause ‘significant traumas’ for aviation Emirates president Clark warns Omicron could cause ‘significant traumas’ for aviation
A major hit to the peak December travel season because of the Omicron variant of the coronavirus would cause “significant traumas” in the global aviation business, Emirates airline President Tim Clark ...
Coronavirus 30 November ,2021
Dubai airport to welcome 1.8 mln passengers in next 11 days, with Dec 4 to see peak Dubai airport to welcome 1.8 mln passengers in next 11 days, with Dec 4 to see peak
Dubai Airports has issued a passenger advisory alerting travelers about Dubai International (DXB) getting exceptionally busy over the coming period.According to the operator, as many as 1.8 million ...
Gulf 24 November ,2021
Emirates expects to return to profit in ‘next 18 months’ Emirates expects to return to profit in ‘next 18 months’
Aviation giant Emirates expects to return to profitability “in the next 18 months” as the sector bounces back from the COVID pandemic, its president Tim Clark said Tuesday.The Dubai-based carrier said ...
Aviation & Transport 16 November ,2021
Indigo Partners spearheads order for 255 Airbus A321neo jets Indigo Partners spearheads order for 255 Airbus A321neo jets
Veteran budget-airlines investor Bill Franke handed Europe’s Airbus a multi-billion-dollar order for 255 single-aisle A321neo passenger jets on Sunday, betting on a quick snapback in tourist travel ...
Aviation & Transport 15 November ,2021
China satisfied with Boeing 737 MAX changes, as regulator seeks industry feedback China satisfied with Boeing 737 MAX changes, as regulator seeks industry feedback
China’s aviation regulator has told airlines it is satisfied that design changes Boeing Co proposed for its 737 MAX plane could resolve safety problems, in a sign it is closer to lifting a more than ...
Aviation & Transport 14 November ,2021
Air Arabia posts third quarter net profit of  $56.90 mln Air Arabia posts third quarter net profit of $56.90 mln
Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier operator, announced on Tuesday strong financial results for the third quarter of this year ending September 30, 2021, ...
Aviation & Transport 10 November ,2021