All Middle East news – Page 17
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NewsEmirates places order for five new 777Fs
Emirates has placed a firm order for five Boeing 777Fs in a deal worth over $1.7 billion at list prices.
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NewsIsrair unifying its fleet around A320s after agreeing to sell ATR 72s
Israeli leisure operator Israir has tentatively agreed to sell its pair of ATR 72-500 turboprops, in order to simplify its fleet. Israir intends to unify its fleet based on Airbus A320s. It has six A320s – two owned and four dry-leased – and intends to add a seventh in the ...
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NewsIsraeli carrier Israir lines up bid for Czech operator Smartwings
Israeli leisure carrier Israir has identified Czech budget operator Smartwings as the target of a takeover offer. Israir, which was acquired by an investment firm last year, had disclosed earlier this year that it was participating in a private process with a view to acquiring the entire share capital of ...
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NewsIsrael’s El Al repays $45m state loan
Israeli flag-carrier El Al has repaid a state loan of $45 million advanced to the carrier as part of a financial support package. The airline, which had indicated in September that it would be repaying the loan two years ahead of schedule, says the transaction was completed on 2 November. ...
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NewsFuel-price pressure prolongs Royal Jordanian’s financial misery
Royal Jordanian Airlines edged into a third-quarter operating profit, with a surplus of JD5.3 million ($7.4 million), but net losses for the quarter and the nine-month period were worse than last year’s figures. The flag-carrier generated revenues of JD452 million for the nine months to 30 September – including JD363 ...
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NewsRoyal Jordanian Air Force orders Bell 505 trainers
The Royal Jordanian Air Force is to acquire 10 Bell 505s for training duties, under a deal signed with the US manufacturer on 1 November.
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NewsKuwait Airways looks to acquire freighters as fleet modernisation advances
Kuwait Airways is looking to take advantage of increasing cargo demand with the acquisition of dedicated freighters for its fleet. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, chief executive Maen Razouqi said he believed the airline could support up to five freighters. “We don’t ...
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NewsStrong summer lifts Jazeera past 2019 passenger levels over first nine months
Kuwaiti low-cost carrier Jazeera Airways lifted operating profits by 25% to KD16.1 million ($51.8 million) in the third quarter on a doubling of revenues.
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NewsYemenia seeks to double fleet as it rebuilds shattered network
Arabian operator Yemenia is still trying to restore its network after years of civil war in the Middle Eastern state, and resumption of flights earlier this year. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, Yemenia chair Nasser Mahmoud said the airline wanted to expand ...
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NewsArab carriers urge governments to avoid repeating ‘draconian’ pandemic response
Arab airlines are urging governments to revise their approach to a potential future pandemic, including recognising that a rapid implementation of closing borders did not mitigate the spread of Covid-19. Speaking during a briefing at the Arab Air Carriers Organization conference in Abu Dhabi, secretary general Abdul Wahab Teffaha highlighted ...
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NewsAACO chief: Future Israeli ties possible if momentum for peace reaches regional level
Arab Air Carriers Organization secretary general Abdul Wahab Teffaha is not ruling out possible future ties with Israeli entities, if the recent momentum of improved Arab-Israeli relationships eventually leads to recognition at a higher regional level. Normalised diplomatic relations between Israel and a number of Arab countries have been achieved ...
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NewsNesma aims for fleet expansion after Egyptian investment
Egyptian carrier Nesma Airlines is looking to expand its fleet next year, having consolidated its operation under a single air operator’s certificate. The airline was operating with Egyptian and Saudi Arabian licences but has been brought under Egyptian investment, chief executive Karim Baky told FlightGlobal at the Arab Air Carriers ...
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NewsRoyal Jordanian modernises but cost pressures push back break-even target
Royal Jordanian Airlines expects its break-even target to be pushed back at least to 2024 as a result of the continuing pressures on the air transport industry. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, Royal Jordanian chief executive Samer Majali said the carrier had ...
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NewsItaly’s Optimares loses legal case over axed Qatar Airways seat-supply contract
Qatar Airways has emerged as the victor in a court case against Italian airline seat manufacturer Optimares, over the termination of contracts for design and supply of seats for Boeing 777-9, 787-9 and Airbus A321 jets. The contracts were originally agreed in 2018-19 and covered business-class seats for the Boeings ...
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NewsFormer TAP chief to lead Etihad Aviation Group as government transfers ownership
Abu Dhabi’s government has transferred Etihad Aviation Group to the portfolio of state-owned investment and holding company ADQ, which has named former TAP Portugal chief Antonoaldo Neves as the company’s new head, succeeding Tony Douglas. Douglas has chosen to “pursue a new opportunity elsewhere” but will remain as an advisor ...
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NewsFlydubai to wet-lease 737-800s from Smartwings
Flydubai is again looking to Smartwings for leased capacity going into the busy seasonal travel period.
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NewsletterFirst signs of slowing air travel recovery momentum?
Amid so much economic and geopolitical uncertainty around the world, the first hints of a potential impact on travel demand were seen in the latest passenger demand data.
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NewsEl Al considers acquiring freighter as regulator prepares to amend licence
Israeli flag-carrier El Al is considering acquiring a dedicated freighter, after the country’s civil aviation regulator notified the airline that its dormant authorisation to operate freighters will be cancelled. The amendment to El Al’s commercial licence will take effect from 17 October. El Al says it received the notification on ...
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In depthAirline Business Covid-19 recovery tracker: October 2022 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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NewsRoyal Jordanian signals intent to take Embraer E2 jets
Royal Jordanian Airlines and Embraer have signed a memorandum of understanding for the carrier to introduce 10 E2-family jets into its fleet “within the coming several years”.