All Middle East news – Page 15
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Airline BusinessAirline Business Covid-19 recovery tracker: December 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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NewsFly Baghdad blacklisting puts pressure on Iraqi civil aviation regulator
Iraqi operator Fly Baghdad has been banned from operating within European Union airspace over a series of safety concerns, particularly regarding crew fatigue management. Fly Baghdad operates around a dozen aircraft – primarily Boeing 737 variants including -800s and -900ERs – on services within the Middle East, eastern Mediterranean, and ...
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NewsSaudi and Iranian representatives reportedly set to discuss air services
Iran’s government is set to enter discussions for establishing air services to Saudi Arabian destinations, according to Iranian civil aviation authority chief Mohammad Mohammadi Bakhsh. He told the Iranian Labour News Agency that discussions would centre on scheduled services – notably on the Tehran-Riyadh trunk route – as well as ...
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Airline BusinessWhy airline industry focus is on the margins of profitability
Confirmation from IATA that the airline industry will return to collective profitability this year and that passenger volumes will shortly surpass pre-Covid levels is an indication that the sector has finally normalised.
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NewsIATA raises 2023 profit expectations for airlines to $23bn and sees small rise for 2024
IATA expects the airline industry to post a collective net profit of $23.3 billion for 2023, more than doubling its expectations from six months ago.
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NewsEl Al firms tourism joint-venture with travel company Issta
Israeli flag-carrier El Al has firmed its agreement with travel company Issta following their tentative deal to establish a tourism and package-holiday joint venture. El Al says it will hold 60% of the new subsidiary’s shares while Issta takes the 40% balance. The venture will develop, market and sell tourism ...
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NewsSaudi start-up Riyadh Air unveils network co-operation pact with Turkish Airlines
Saudi Arabian start-up carrier Riyadh Air has provisionally agreed to enter a strategic co-operation with Turkish Airlines. The agreement is set to include codeshare and interline operations between Riyadh and Istanbul, and the deal will also cover “points beyond”, the Saudi carrier says. “Guests of both airlines will be able ...
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NewsIsrair acknowledges renewed merger interest from leisure carrier Arkia
Israir Group has acknowledged an approach from fellow Israeli leisure operator Arkia regarding a potential tie-up between the two airlines. It has not given details of any proposal, and points out that the contact is preliminary. Israir Group states that it examines applications for “various business opportunities” from companies and ...
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NewsEl Al takes steps to mitigate conflict impact after profitable third quarter
Israeli flag-carrier El Al expects a 5-10% reduction in capacity over the fourth quarter, as a result of the Gaza conflict, and a fall in load factor, but it has yet to estimate the impact on the first quarter of next year. El Al says it experienced initial high demand ...
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Analysis2024 World Air Forces directory: how major conflicts impacted global fleet
Air forces are maintaining a high operational tempo, including performing combat duties in Europe and the Middle East. Our annual review details the global military fleet and nations’ procurement plans.
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NewsEmbraer, SAMI pitch C-390 final assembly to Saudi Arabia
Saudi Arabia’s SAMI and Embraer have joined forces to pitch the Brazilian airframer’s C-390 transport to Riyadh, including the potential for local assembly and support.
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NewsEtihad to deploy A380s on New York JFK route next summer
Gulf carrier Etihad Airways is return the Airbus A380 to one of its Abu Dhabi-New York rotations next summer, marking its restoration of services with the ultra-large jet on a second route.
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NewsIsrair shelves plan for additional A320s at least until Gaza conflict subsides
Israeli leisure carrier Israir Group has suspended plans to introduce another pair of Airbus A320s next year, as a result of the Gaza conflict. The airline has been operating six A320s this year – two owned and four on long-term dry lease – and it tentatively agreed in August to ...
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NewsFrench and Saudi investors pick up 25% Heathrow stake as Ferrovial exits
Spanish infrastructure firm Ferrovial is selling its entire 25% shareholding in London Heathrow airport’s operator, under a £2.37 billion ($3 billion) divestment. The company has disclosed that it will sell its stake FGP Topco – the parent of Heathrow Airport Holdings – to French private equity firm Ardian and Saudi ...
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NewsEmirates’ Clark underlines higher-weight 787-10’s network flexibility
Emirates president Tim Clark indicates that availability of a higher-weight Boeing 787-10 was behind its decision to reinstate the variant as part of the carrier’s rejig of 787 orders. The airline had originally indicated in 2017 that it would introduce 40 787-10s but ultimately agreed, two years later, to take ...
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NewsEmirates flies A380 part-powered by 100% sustainable aviation fuel
Emirates has operated an Airbus A380 partly powered by 100% sustainable aviation fuel, claiming to be the first carrier to conduct such a demonstration flight with the double-deck type. The aircraft departed Dubai on 22 November with one of its four Engine Alliance GP7200 powerplants – as well as its ...
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NewsKuwaiti lessor ALAFCO terminates A320neo purchase contract
Kuwaiti lessor ALAFCO is cancelling a contract for Airbus A320neo twinjets, the company has disclosed to the emirate’s stock exchange. ALAFCO has given few details about the decision, but says it has “reached an agreement” with Airbus to “terminate” the contract for the purchase order. It ordered 50 A320neos in ...
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NewsClark still gets ‘real buzz’ from leading Emirates after delaying retirement
Long-serving Emirates president Tim Clark still gets a “real buzz” from the ”herculean project” of running the Middle Eastern giant, years after he delayed his retirement.
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NewsPentagon orders AC-130J strike in Iraq
The lethal action follows other strikes in Syria, which Washington says it ordered against Iranian-affiliated groups in response to aggression against American ground and naval forces in the region.
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NewsBell delivers first 505-model trainers to Royal Jordanian Air Force
The Royal Jordanian Air Force has taken delivery of its first five Bell 505 training helicopters from a 10-aircraft acquisition signed last year.