All Middle East news – Page 27

  • Etihad Boeing 787 Dreamliner

    Etihad operating loss more than doubles in 2020


    Etihad Airways has accelerated restructuring efforts after its core annual operating loss more than doubled to $1.7 billion in 2020.

  • 737 Max-c-Boeing

    Saudi regulator latest to approve 737 Max services


    Saudi Arabia’s civil aviation regulator has become the latest to approve operations with the Boeing 737 Max, although none of the kingdom’s airlines yet operates the type. Flag-carrier Saudia’s budget airline Flyadeal had been in line to acquire the 737 Max, through a provisional $5.9 billion agreement for 30 ...

  • Saudia 787-c-Saudia

    Saudia eyes 70-jet acquisition including 777s and A321s: Saudi outlet


    Saudi Arabian flag-carrier Saudia is intending to acquire up to 70 aircraft including long-haul Boeing and single-aisle Airbus jets, according to local financial publication Maaal . The Saudi outlet, citing its own sources, claims Saudia is looking to purchase Boeing 777s and 787s as well as Airbus A321s. ...

  • IATA

    Airline industry might burn through $95bn in cash this year: IATA


    The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.

  • Jazeera A320neo-c-Jazeera Airways

    Confident Jazeera outlines plans to double fleet by 2025


    Kuwaiti carrier Jazeera Airways is looking to double its fleet over the next four to five years, confident that it has the resources to recover from the air transport crisis despite the heavy financial impact on its operations. Jazeera has turned in a full-year net loss of KD26.4 million ...

  • Gulf Air Boeing 787

    Gulf Air to make Singapore return in April


    Gulf Air is to launch a weekly service from Bahrain to Singapore in April, reviving a route it last operated more than a decade ago. The Bahraini carrier will deploy a Boeing 787-9 on the service to Singapore, which it describes as a ”boutique destination”. Source: ...

  • Rendering of Israeli air force KC-46 with F-15I c Israeli ministry of defence

    Israel signs for Boeing KC-46, plans for more F-35s and heavy lift helicopters


    The Israeli ministry of defence has signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers.

  • CEOs-to-watch
    In depth

    Airline Business special: CEOs to watch in 2021


    As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.

  • Qatar Airways - ‘Zero-Touch’ In-flight Entertainment Technology - 1

    Qatar pitches touchless IFE initiative to allay post-Covid travel concerns


    Qatar Airways is highlighting its steps towards offering full touchless in-flight technology onboard its aircraft in a further sign of how airlines are adapting their product and marketing in light of customer sensitivities to flying in the post-pandemic environment.

  • Flydubai Boeing 737 Max

    Flydubai works on restoring Max flights after UAE approval


    Flydubai is to start the process of returning its Boeing 737 Max aircraft to service after the UAE General Civil Aviation Authority (GCAA) cleared the type for operations again.

  • Gulf Air

    Etihad and Gulf Air agree deeper commercial relationship


    Etihad Airways and Gulf Air have signed a commercial agreement to “deepen their partnership” in several areas.

  • El Al 787 sky-c-El Al

    El Al sets out post-crisis earnings forecast as it nears loan deal


    El Al is projecting a $200 million improvement in its earnings in 2024, compared with the average figure achieved over 2017-19. The airline has put the forecast to investors as it seeks to raise $75 million by September 2021 as part of a financial package which would also include ...

  • Social distancing

    Airlines anxiously await international rescue as variants trump vaccines


    Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.

  • El Al 787-c-El Al

    El Al seeks to raise $75m in new capital to obtain $300m loan


    Israeli flag-carrier El Al is seeking to raise around $75 million through issuing tradeable warrants, as part of a bid to obtain a state-backed loan worth about $300 million. The issue has been approved by the Israeli ministry of finance, subject to an undertaking by El Al’s controlling shareholder ...

  • El Al fin

    El Al considers further capital raise to obtain loan


    Israeli flag-carrier El Al is considering raising further capital as part of its efforts to secure loan financing. The airline says it is “examining the possibility” of raising capital to “strengthen” the company’s equity position. El Al says this reinforced equity is a condition of the Israeli ministry ...

  • BRA RJ100-c-Skyworld Aviation

    Bahrain military picks up former Braathens RJ100


    Bahrain’s air force is to receive another BAE Systems Avro RJ100, one of the 10 Avros which had been withdrawn from the fleet of Swedish carrier Braathens Regional Airlines. Braathens Regional had been operating eight RJ100s and a pair of RJ85s but put the aircraft on the market, through ...

  • Dubai

    Emirates chief expects ‘meaningful’ capacity return in Q4


    The impact of Covid-19 variants on government-imposed travel restrictions is likely to delay a “meaningful” restart of international travel until the fourth quarter of this year, in the view of Emirates president Tim Clark.

  • DAE-Firoz-c-BillyPix_c

    ​DAE chief hails ‘terrific’ year despite Covid-19


    Aircraft lessor and MRO provider Dubai Aerospace Enterprise enjoyed a “home-run year” in 2020, chief executive Firoz Tarapore has asserted, as its diversified customer base and strong liquidity position softened the impact of the pandemic.

  • Air Arabia A320-c-Air Arabia

    Air Arabia limits full-year loss with profitable final quarter


    Air Arabia has managed to achieve a second profitable quarter for 2020, enabling it to contain its full-year net loss to Dhs192 million ($52 million). It turned in a fourth-quarter surplus of Dhs20 million, despite a 53% reduction in revenues, having also been profitable in the first. While ...

  • Tim Clark

    Pre-Covid hub and fleet plans still hold up: Emirates chief


    Emirates Airline will bounce back strongly from the Covid-19 crisis without any fundamental changes to its business model, according to the operator’s president Tim Clark, with its mix of widebody aircraft enabling it to take advantage of likely supply-side shortages in the coming years.