All Middle East news – Page 19
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NewsJazeera cites yield pressure as third-quarter profits halve
Kuwaiti budget carrier Jazeera Airways’ net profit halved during the third quarter, to just under KD7 million ($22.7 million). The carrier’s revenues dipped slightly to KD61 million despite a 28% rise in passenger numbers to 1.38 million for the three months to 30 September. Jazeera expanded its fleet with the ...
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NewsRoyal Jordanian confirms profitable third quarter while bracing for conflict impact
Royal Jordanian has disclosed that it achieved a JD27.5 million ($38.8 million) net profit for the third quarter, taking the profit at the nine-month mark to JD10.8 million. This performance contrasts with the corresponding net losses of JD861,000 and JD71.6 million during the previous year. Over the quarter the company ...
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NewsMiddle East air transport recovery faster than expected: Boeing regional sales chief
Middle Eastern air transport activity has recovered more sharply than expected post-pandemic, Boeing’s sales chief for the region believes, with Saudi Arabia becoming a particular focal point. Boeing’s latest commercial market outlook shows demand for 3,025 aircraft in the Middle East over the next 20 years. This figure includes 1,350 ...
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NewsKuwait Airways seeks profitability but near-term privatisation unlikely: chairman
Kuwait Airways’ new chairman is not expecting any near-term revival of plans to privatise the airline, indicating it will remain a government-owned operator. Potential privatisation has been a drawn-out saga, dating back more than 15 years. The initiative to sell a large shareholding would intermittently gain momentum, only to be ...
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NewsEmirates SkyCargo rides Asia-Pacific e-commerce boom as it awaits more capacity
Emirates SkyCargo is seeing strong e-commerce demand in the Asia-Pacific region, and is optimistic about the cargo volume offered by its future fleet of converted Boeing 777-300ER freighters.
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NewsGulf carrier acquisition of Royal Jordanian would ‘make sense’: chief executive
Royal Jordanian chief executive Samer Majali believes the airline is an ideal candidate for acquisition by a larger Gulf-based operator, given its location and capabilities. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, Majali said a strategic investor would obtain an alternative hub – away from ...
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NewsRoyal Jordanian chief dismayed as Israel-Gaza conflict threatens profitability
Royal Jordanian believes disruption from the Israeli-Gaza conflict will badly affect fourth-quarter performance and set back the airline’s efforts to return to profitability this year. The carrier made profits at the nine-month point, said chief executive Samer Majali, speaking to FlightGlobal during the Arab Air Carriers Organization conference in Riyadh. ...
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NewsEtihad carries out first commercial flight from new Abu Dhabi terminal
Home carrier Etihad Airways has conducted the first commercial flight out of Abu Dhabi International airport’s long-awaited new Terminal A.
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NewsAACO carriers to pilot SITA sustainability and digital-identity initiatives
Three airline members of the Arab Air Carriers Organization are to participate in pilot projects focused on sustainability management and digital identity, under a co-operation agreement with SITA. The agreement covering trials of the two technology solutions, which will take place over the next few months, was unveiled at the ...
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NewsSaudia seeking ‘quick fixes’ to ease supply-chain impact on fleet: chief
Saudi Arabian operator Saudia Group’s chief says the airline is working to obtain “quick fixes” – though not necessarily permanent resolutions – to address the supply-chain impact on its fleet. Speaking during a briefing at the Arab Air Carriers Organization conference in Riyadh, director general Ibrahim Al-Omar said the company ...
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NewsKuwait Airways weighs long-haul freighter options as it seeks to build cargo division
Kuwait Airways is weighing the Boeing 777F and the Airbus A350F as it looks to enhance its cargo division, a strategy through which it expects to acquire a fleet of dedicated freighters. Newly-appointed chairman Abdulmohsen Alfagaan, speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, stressed the ...
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NewsIATA’s Walsh welcomes Saudi economic revamp but cautions over regulatory ‘pitfalls’
IATA director general Willie Walsh has welcomed a new Saudi Arabian economic regulatory framework intended to support air transport development, but has cautioned the Arab region over urged the Arab region to avoid repeating regulatory “mistakes” by the European Union. Walsh spoke at the opening of the Arab Air Carriers ...
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NewsSaudi regulator sets out framework to give airlines and airports economic flexibility
Saudi Arabia’s civil aviation authority has adopted new economic regulations intended to raise air transport sector performance through competition and transparency, as part of Saudi efforts to transform the country into a global passenger and freight hub. The framework, centred on three areas, aligns with the kingdom’s ambitious Vision 2030 ...
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In depthUS strikes targets in Syria after attacks on American bases
Without revealing how the operation was carried out, the Pentagon says it has struck targets in eastern Syria, including sites used by Iranian military operatives, after militant groups in the area attacked American bases in the area, injuring more than 20 US personnel and killing one contractor.
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NewsQatar Airways chief Al Baker to step down in November
Qatar Airways has confirmed that its long-standing group chief, Akbar Al Baker, is to step down next month. Al Baker is to leave the post on 5 November, and will be succeeded by Badr Mohammed Al-Meer. Badr Al-Meer is the chief operating officer of Qatar Airways’ hub airport, Hamad International. ...
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NewsRestructuring SAS to enter codeshare with Abu Dhabi’s Etihad Airways
Scandinavian operator SAS is entering a codeshare agreement with Middle Eastern carrier Etihad Airways, following Etihad’s opening of a Copenhagen route. The codeshare will take full effect from the end of December. SAS is undergoing a corporate restructuring, known as ‘SAS Forward’, and is currently under US Chapter 11 bankruptcy ...
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NewsSaudia parent rolls out broad corporate rebranding after livery revamp
Saudi Arabian flag-carrier Saudia’s parent company is rebranding its various divisions as part of the transformation which has included developing a new livery for the airline. The parent will be known as Saudia Group and will comprise 12 business units, several of which will adopt new names. Its maintenance arm ...
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NewsSalamAir appoints acting chief executive
Omani low-cost carrier SalamAir has appointed Ahmed Mohammed Al-Shidhani as acting chief executive following the departure of Mohamed Ahmed. No reason was given for the change. The move follows Oman Air stating in August that it expects to develop closer ties with SalamAir under a restructuring plan outlined by the ...
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Airline BusinessWhat the Israel-Hamas war might mean for the airline industry
The length and breadth of the war will be a key factor in how global airline trends develop in the coming months.
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Airline BusinessTop 100 airline groups traffic rankings 2022
Passenger traffic among leading global carriers sharply recovered last year, outpacing the additional capacity they restored and helping load factors climb back above 80%. FlightGlobal’s analysis of the airline industry traffic performance in 2022 based on the top 100 airline groups by revenue passenger kilometre (RPKs).