All Middle East news

  • 737 Max-c-Boeing
    News

    Saudi regulator latest to approve 737 Max services

    2021-03-02T16:32:00Z

    Saudi Arabia’s civil aviation regulator has become the latest to approve operations with the Boeing 737 Max, although none of the kingdom’s airlines yet operates the type. Flag-carrier Saudia’s budget airline Flyadeal had been in line to acquire the 737 Max, through a provisional $5.9 billion agreement for 30 ...

  • Saudia 787-c-Saudia
    News

    Saudia eyes 70-jet acquisition including 777s and A321s: Saudi outlet

    2021-03-01T12:09:00Z

    Saudi Arabian flag-carrier Saudia is intending to acquire up to 70 aircraft including long-haul Boeing and single-aisle Airbus jets, according to local financial publication Maaal . The Saudi outlet, citing its own sources, claims Saudia is looking to purchase Boeing 777s and 787s as well as Airbus A321s. ...

  • IATA
    News

    Airline industry might burn through $95bn in cash this year: IATA

    2021-02-24T14:50:00Z

    The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.

  • Jazeera A320neo-c-Jazeera Airways
    News

    Confident Jazeera outlines plans to double fleet by 2025

    2021-02-23T13:11:00Z

    Kuwaiti carrier Jazeera Airways is looking to double its fleet over the next four to five years, confident that it has the resources to recover from the air transport crisis despite the heavy financial impact on its operations. Jazeera has turned in a full-year net loss of KD26.4 million ...

  • Gulf Air Boeing 787
    News

    Gulf Air to make Singapore return in April

    2021-02-23T11:07:00Z

    Gulf Air is to launch a weekly service from Bahrain to Singapore in April, reviving a route it last operated more than a decade ago. The Bahraini carrier will deploy a Boeing 787-9 on the service to Singapore, which it describes as a ”boutique destination”. Source: ...

  • Rendering of Israeli air force KC-46 with F-15I c Israeli ministry of defence
    News

    Israel signs for Boeing KC-46, plans for more F-35s and heavy lift helicopters

    2021-02-22T23:41:00Z

    The Israeli ministry of defence has signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers.

  • CEOs-to-watch
    In depth

    Airline Business special: CEOs to watch in 2021

    2021-02-22T16:24:00Z

    As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.

  • Qatar Airways - ‘Zero-Touch’ In-flight Entertainment Technology - 1
    News

    Qatar pitches touchless IFE initiative to allay post-Covid travel concerns

    2021-02-18T16:18:00Z

    Qatar Airways is highlighting its steps towards offering full touchless in-flight technology onboard its aircraft in a further sign of how airlines are adapting their product and marketing in light of customer sensitivities to flying in the post-pandemic environment.

  • Flydubai Boeing 737 Max
    News

    Flydubai works on restoring Max flights after UAE approval

    2021-02-18T08:47:00Z

    Flydubai is to start the process of returning its Boeing 737 Max aircraft to service after the UAE General Civil Aviation Authority (GCAA) cleared the type for operations again.

  • Gulf Air
    News

    Etihad and Gulf Air agree deeper commercial relationship

    2021-02-17T18:37:00Z

    Etihad Airways and Gulf Air have signed a commercial agreement to “deepen their partnership” in several areas.

  • El Al 787 sky-c-El Al
    News

    El Al sets out post-crisis earnings forecast as it nears loan deal

    2021-02-15T11:22:00Z

    El Al is projecting a $200 million improvement in its earnings in 2024, compared with the average figure achieved over 2017-19. The airline has put the forecast to investors as it seeks to raise $75 million by September 2021 as part of a financial package which would also include ...

  • Social distancing
    Analysis

    Airlines anxiously await international rescue as variants trump vaccines

    2021-02-15T10:06:00Z

    Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.

  • El Al 787-c-El Al
    News

    El Al seeks to raise $75m in new capital to obtain $300m loan

    2021-02-15T10:00:00Z

    Israeli flag-carrier El Al is seeking to raise around $75 million through issuing tradeable warrants, as part of a bid to obtain a state-backed loan worth about $300 million. The issue has been approved by the Israeli ministry of finance, subject to an undertaking by El Al’s controlling shareholder ...

  • El Al fin
    News

    El Al considers further capital raise to obtain loan

    2021-02-12T22:02:00Z

    Israeli flag-carrier El Al is considering raising further capital as part of its efforts to secure loan financing. The airline says it is “examining the possibility” of raising capital to “strengthen” the company’s equity position. El Al says this reinforced equity is a condition of the Israeli ministry ...

  • BRA RJ100-c-Skyworld Aviation
    News

    Bahrain military picks up former Braathens RJ100

    2021-02-12T09:01:00Z

    Bahrain’s air force is to receive another BAE Systems Avro RJ100, one of the 10 Avros which had been withdrawn from the fleet of Swedish carrier Braathens Regional Airlines. Braathens Regional had been operating eight RJ100s and a pair of RJ85s but put the aircraft on the market, through ...

  • Dubai
    News

    Emirates chief expects ‘meaningful’ capacity return in Q4

    2021-02-11T08:55:00Z

    The impact of Covid-19 variants on government-imposed travel restrictions is likely to delay a “meaningful” restart of international travel until the fourth quarter of this year, in the view of Emirates president Tim Clark.

  • DAE-Firoz-c-BillyPix_c
    News

    ​DAE chief hails ‘terrific’ year despite Covid-19

    2021-02-10T17:53:00Z

    Aircraft lessor and MRO provider Dubai Aerospace Enterprise enjoyed a “home-run year” in 2020, chief executive Firoz Tarapore has asserted, as its diversified customer base and strong liquidity position softened the impact of the pandemic.

  • Air Arabia A320-c-Air Arabia
    News

    Air Arabia limits full-year loss with profitable final quarter

    2021-02-10T16:06:00Z

    Air Arabia has managed to achieve a second profitable quarter for 2020, enabling it to contain its full-year net loss to Dhs192 million ($52 million). It turned in a fourth-quarter surplus of Dhs20 million, despite a 53% reduction in revenues, having also been profitable in the first. While ...

  • Tim Clark
    News

    Pre-Covid hub and fleet plans still hold up: Emirates chief

    2021-02-10T15:23:00Z

    Emirates Airline will bounce back strongly from the Covid-19 crisis without any fundamental changes to its business model, according to the operator’s president Tim Clark, with its mix of widebody aircraft enabling it to take advantage of likely supply-side shortages in the coming years.

  • Airline-data
    In depth

    Airline coronavirus recovery tracker: February 2021 update

    2021-02-05T09:37:00Z

    Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.