All Middle East news – Page 2
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News
El Al defies impact of Gaza conflict to post fourth-quarter and full-year profits
Israeli flag-carrier El Al has fended off the impact of the Gaza conflict, posting a full-year pre-tax profit of $125 million, and a net of $117 million, after experiencing a strong fourth quarter. El Al generated full-year revenues of $2.5 billion, a rise of 26%, while operating expenses only increased ...
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News
THC plays down overexpansion fears as it unveils deals for almost 300 helicopters
Saudi Arabia’s The Helicopter Company (THC) will not grow too large, too soon, its chief executive insists, despite an orderbook that has ballooned with the signature of agreements for almost 300 new helicopters to be delivered by the end of the decade.
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News
Israir Group revives plan to lease additional A320s
Israir Group’s board has approved adding another pair of Airbus A320s to the Israeli airline’s fleet in the second quarter of this year.
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News
Royal Jordanian to open two new routes to UK cities
Royal Jordanian Airlines is to open two new services to the UK, operating to London Stansted and Manchester. The flag-carrier already serves London Heathrow with Boeing 787s. But it states that it will fly to a second London airport with a thrice-weekly route to Stansted from 3 March. The airline ...
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News
Kuwaiti lessor ALAFCO considers future as it sells 23 more jets to Macquarie
Macquarie Airfinance is to take another 23 aircraft, including five widebodies, from ALAFCO’s portfolio, bringing the total it is acquiring from the Kuwaiti lessor to 76.
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News
Emirates hints at Clark succession options by naming deputy presidents
Emirates Group has added “deputy president” to the job titles of two of its senior executives, suggesting potential succession options for long-serving Emirates Airline president Tim Clark.
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News
Flydubai achieves record full-year profit despite slips in 737 deliveries
Middle Eastern carrier Flydubai is expecting to take delivery of 12 Boeing 737 Max jets this year, having received four fewer aircraft than planned in 2023.
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News
Emirates to open Colombian route via US stopover
Middle Eastern carrier Emirates is to expand its Latin American reach with services to the Colombian capital Bogota by mid-year.
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News
Allies conclude Spears of Victory air power exercise in Saudi Arabia
The annual Saudi Arabian-hosted Spears of Victory exercise drew to a close on 15 February, with the activity having involved more than 60 aircraft from nine nations.
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News
Israir considers convertible bond issue to fund A320 purchase
Israir Group is to consider raising debt through issuing convertible bonds, to assist with financing the purchase of an Airbus A320.
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News
Air Arabia optimistic after strong full-year performance
Middle Eastern low-cost carrier Air Arabia remains optimistic about its business model, despite increasing operating costs arising from macroeconomic pressures and supply-chain disruptions.
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News
Dutch court blocks export of F-35 parts to Israel
Amsterdam has said it will appeal the ruling by a Dutch court, which gave the government seven days to cease the transfer of US-owned F-35 components to Israel, citing concerns about that country’s conduct during ongoing military operations inside the Gaza Strip.
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News
Israir Group halts Smartwings acquisition talks with Chinese shareholder
Israir Group’s efforts to take control of Czech carrier Smartwings have encountered difficulties after the Israeli operator stopped negotiations with the Chinese shareholder.
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News
Joby and Skyports net exclusive deals for Dubai eVTOL operations
Joby Aviation and Skyports Infrastructure have joined forces to launch air taxi passenger services in Dubai as early as 2025 through exclusive deals with the emirate’s transport authority.
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Analysis
Riyadh advances on Vision 2030 target, but equipment deals remain elusive
Saudi Arabia’s World Defense Show provided a fresh insight into the nation’s ambitious Vision 2030 activity, and highlighted the desire of industry from around the globe to support the effort.
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In depth
Which unmanned systems starred at Riyadh’s World Defense Show?
Staged near Riyadh, Saudi Arabia from 4-8 February, the second World Defense Show attracted exhibitors from around the globe keen to support the nation’s Vision 2030 goal of boosting its local defence industry’s manufacturing capability by the end of this decade. In addition to its daily flying display attractions and ...
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Interview
New EDGE chief executive Al Marar ready to drive international growth
United Arab Emirates defence house EDGE attended the second World Defense Show (WDS) near Riyadh in early February with a broad range of products – and a freshly-arrived new chief executive.
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News
Challenge Group acquires 747-400F to expand Israeli division’s cargo fleet
Logistics specialist Challenge Group’s Israeli division has expanded its fleet with a Boeing 747-400 freighter. The 747-400F had previously been in cargo operation with El Al before being transferred to Air Atlanta Icelandic. Powered by Pratt & Whitney PW4000 engines the freighter (4X-ICK) was originally delivered to Singapore Airlines Cargo ...
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News
Pentagon downplays vulnerability of US bases to drone attack
The US Department of Defense says its air defences in the Middle East have been “mostly successful” in more than 160 engagements similar to the recent attack in Jordan that killed three US Army troops.
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News
Embraer showcases C-390 transport in Saudi Arabia
Embraer is displaying its C-390 tactical transport and A-29 Super Tucano at the World Defense Show (WDS) near Riyadh, as the Brazilian airframer eyes potential sales opportunities in Saudi Arabia.