All Middle East news – Page 10
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NewsIATA to hold 2024 AGM in Dubai
IATA is to hold its next annual general meeting, the 80th running of the event, in Dubai in 2024.
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NewsRiyadh Air narrowbody order in ‘not too distant future’: Douglas
Riyadh Air will finalise a narrowbody aircraft order shortly, supplementing the Boeing 787s the Saudi Arabian start-up committed to earlier this year.
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NewsIsrair to submit Smartwings transaction proposal to Chinese shareholder
Israir Group has outlined the requirements to bid for the Chinese shareholding of Czech carrier Smartwings, of which the Israeli leisure company is pursuing an acquisition. China’s economics ministry, through CITIC Group, holds 49.92% of Smartwings while the 50.08% balance is owned by entities controlled by investors Roman Vik and ...
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NewsNigeria tops list as blocked airline funds rise nearly 50% in year
The airline industry has seen blocked funds rise by nearly 50% in the past 12 months, posing an increasing risk to connectivity, according to IATA.
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NewsRiyadh Air unveils first of two liveries
Ambitious Saudi Arabian start-up Riyadh Air has unveiled the first of two liveries it will deploy as preparations continue for its launch of flights in 2025.
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NewsA330neos among batch of Avolon aircraft divested to Saudi lessor AviLease
Fledgling Saudi Arabian lessor AviLease is supplementing its portfolio with the acquisition of 13 aircraft from Irish-based leasing firm Avolon. Among the aircraft covered by the agreement are two Airbus A330neo twinjets, six A320neos and an A321neo, plus a Boeing 737 Max 8. The other three jets comprise two older ...
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NewsIsrair Group records strong surge in first-quarter revenues
Israeli leisure operator Israir Group is attributing a strong first-quarter performance to increased demand and the expansion of its Airbus fleet. The company’s revenues in the three months to 31 March – totalling $94 million – amounted to a two-thirds increase on last year’s figure, and double the level of ...
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NewsAbsence of information scuppers probe into An-124’s undershot landing at Riyadh
Investigators have disclosed that attempts to probe an Antonov An-124’s short landing at Riyadh reached a dead end owing to an absence of information. The aircraft (UR-ZYD), operating for Ukraine’s Maximus Airlines, had been arriving at the Saudi Arabian capital after a service from Bechar in Algeria on 15 January ...
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NewsEl Al 737 freighter introduction held up by regulatory hitch
Israel’s El Al is yet to introduce the Boeing 737-800 freighter it had been planning to use from April, owing to a regulatory issue. The airline signed an agreement in February this year to dry-lease the aircraft which had recently been converted from passenger to cargo configuration. But El Al ...
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NewsEl Al includes Airbus in request for single-aisle fleet-renewal proposals
Israeli flag-carrier El Al has included Airbus in a request for proposals to replace single-aisle aircraft from 2025, while incumbent Boeing as well as engine manufacturers have also been contacted for the campaign. El Al is looking to modernise its single-aisle fleet – currently exclusively comprising 24 Boeing 737-800s and ...
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NewsPortfolio sale to Macquarie slashes Kuwaiti lessor ALAFCO’s revenues
Kuwaiti lessor ALAFCO’s operating lease revenues dropped by two-thirds over the first half of the year, after its decision to sell a large quantity of its aircraft portfolio to Macquarie Airfinance Group. The lessor recorded revenues of just under KD17 million ($55 million) in the six months to 31 March, ...
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NewsRoyal Jordanian firms orders for eight Embraer E2 jets
Middle Eastern carrier Royal Jordanian Airlines has firmed-up orders for eight Embraer E2-family jets following a memorandum of understanding signed with the airframer in October last year.
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NewsFlydubai enhances UAE-Canadian links with Air Canada codeshare
Closer air transport ties between Canada and the United Arab Emirates are being further tightened with a codeshare agreement between Air Canada and Flydubai. The two sides have increased co-operation with Emirates opening a new route to Montreal – its second service to Canada – and Air Canada’s cargo division ...
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NewsOman Air 737 grounded in Iran after sustaining debris damage on landing
One of Oman Air’s aircraft has been damaged by runway debris while landing in Iran, forcing the grounding of the jet. The Boeing 737-900ER had been operating the carrier’s WY2435 service – a chartered flight – from Muscat to Shiraz on 15 May. Oman Air says the twinjet sustained damage ...
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In depthAirline Business Covid-19 recovery tracker: May 2023 update
Our regular examination of the latest global data for several key airline market indicators, including 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.
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NewsJazeera chief stays coy on fleet requirements for Saudi carrier
Kuwaiti budget carrier Jazeera Airways is expecting to have around 35 aircraft by 2025, with a number of them potentially allocated to its proposed Saudi Arabian joint venture. Speaking during a briefing earlier this month, chief executive Rohit Ramachandran referred to ‘Jazeera Saudi’ – a start-up in which the Kuwaiti ...
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NewsIraqi regulator confirms engine incidents behind A220 grounding
Iraq’s civil aviation regulator has clarified its measures to restrict Iraqi Airways Airbus A220 operations, citing engine damage to two airframes. The Iraq Civil Aviation Authority states that it took the decision to suspend A220 operations over a “sense of responsibility to preserve the safety of passengers and air traffic”. ...
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NewsEmirates surges back to profit
Profits at Dubai-based Emirates Group have soared to record levels for the year ended 31 March 2023, hitting Dhs10.9 billion ($3 billion), reversing two consecutive years of pandemic-driven losses.
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NewsIraqi Airways aims for May delivery of first 787
Iraqi Airways has indicated that it will receive its first Boeing 787 at the end of May. The airline has been co-ordinating the introduction of the twinjet with the US airframer, and states that it is completing discussions on technical and operational preparations. Iraqi Airways has 10 787s on order, ...
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NewsEmirates creates $200m sustainability fund as chief warns on decarbonisation pace
Middle Eastern carrier Emirates is creating a $200 million fund to accelerate research into reducing commercial aviation’s carbon impact. The Dubai-based airline is warning that the sector needs more effective options to decarbonise. Its sustainability fund is focused on engine, fuel and energy concepts. “It’s clear that, with the current ...