Middle East – Page 14
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NewsRoyal Jordanian expands network as fuel costs weigh on full-year results
Royal Jordanian Airlines is looking to expand its network, as it seeks to reverse full-year net losses of more than JD79 million ($111 million). The Middle Eastern carrier attributes the performance – worse than the previous year’s JD74.3 million – to higher fuel prices, which accounted for a near-JD98 million ...
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NewsletterWhat factors are driving Air India’s huge aircraft orders?
Confirmation this week that Air India plans to place bumper aircraft orders with Airbus and Boeing follows months of speculation about the flag carrier’s fleet plans under its new owners, Tata Group. But what factors underpin the need for such huge aircraft commitments?
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NewsAir Arabia posts record profit as traffic surged back in 2022
Air Arabia posted record net profits for 2022 as strong demand and expansion into new markets helped the low-cost operator surpass pre-pandemic passenger levels.
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PodcastAirline Business Podcast: Do airline failures belie brighter outlook?
Graham and Lewis discuss the recent collapses of European carriers Flybe and Flyr, asking whether those developments belie a much brighter outlook for the industry in 2023.
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NewsletterInvestors see value in airlines as 2023 outlook improves
Our latest airline share-price tracker reflects positive sentiment towards an industry that has plenty of reasons for optimism heading towards the northern hemisphere summer.
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In depthAirline Business Covid-19 recovery tracker: February 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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AnalysisHow supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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NewsGlobal airline passenger traffic exceeded two-thirds of pre-Covid levels in 2022
Airline passenger traffic was just over two-thirds of 2019 levels last year, in a 12-month period marked by an initially strong recovery from the Covid-19 pandemic that then plateaued across the last few months of the year.
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NewsJazeera turns in strong full-year financial results
Kuwaiti budget carrier Jazeera Airways has turned in a strong full-year performance with a net profit of over KD20 million ($65 million). It states that it built on a “quick return” to profitability in the second half of 2021, and points out that its financial results have exceeded pre-crisis figures. ...
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NewsGlobal air freight demand dropped below pre-Covid levels in 2022
Demand for air freight dropped below 2019 levels last year, as the sector experienced a comedown from the highs recorded in 2021 but still benefited from strong yields.
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NewsQatar A350 and A321neo orders to be reinstated as part of legal settlement
Qatar Airways is to reinstate in full its remaining orders for 23 Airbus A350s as well as 50 A321neos which had been cancelled during its legal dispute with the airframer. But while A350 deliveries are likely to resume this year, FlightGlobal understands, the A321neos will be pushed back to 2026. ...
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NewsAirbus and Qatar avert court trial after settling high-profile A350 dispute
Airbus and Qatar Airways have averted a high-profile court trial after reaching a settlement to resolve their legal clash over the airline’s A350 fleet. The two sides state that they have reached an “amicable and mutually-agreeable settlement”, the details of which are confidential. Their dispute centred on the deterioration of ...
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NewsLockheed’s first Greenville-built F-16 makes debut flight
Lockheed Martin has performed a debut flight with the first F-16 fighter built at its Greenville site in South Carolina: a two-seat, Block 70 example built for Bahrain.
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NewsIsraeli firm to supply 777-8 freighter’s main cargo door
Israeli firm Elbit Systems is to supply the large main-deck cargo door for the Boeing 777-8 freighter, under an aerostructures agreement with the US airframer. Elbit will also supply cargo doors for the current 777F. It will provide the structures through its wholly-owned Eblit Systems-Cyclone subsidiary, the company states. “This ...
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NewsCrucial Airbus-Qatar meeting rescheduled after being scuppered by attendance rules
Airbus and Qatar Airways have rescheduled a crucial meeting with European and Qatari civil aviation regulators, after a plans for an earlier gathering, intended for 11 January, fell apart following a disagreement over conditions for attendance. Qatar Airways is immersed in a legal dispute with the airframer, over skin-paint deterioration ...
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NewsBaykar lands $370 million TB2 sale in Kuwait
Turkish unmanned air vehicle (UAV) producer Baykar has secured a $370 million contract to supply its Bayraktar TB2 platform to Kuwait.
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NewsAir Serbia follows return to profit with Qatar Airways codeshare
Air Serbia will next month begin codesharing with Gulf carrier Qatar Airways, building on an existing interline agreement.
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NewsIraqi Airways introduces third A220
Iraqi Airways has taken delivery of another Airbus A220-300, bringing its fleet of the twinjet type to three.
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NewsEmirates to offer GX Aviation broadband on A350 fleet
Middle Eastern carrier Emirates is to offer Inmarsat’s GX Aviation high-speed broadband connectivity on its Airbus A350 fleet, which it expects to enter service next year. Emirates says the A350s will be the first aircraft in its fleet to use the GX satellite network. The Dubai-based carrier has 50 A350s ...
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NewsIsrair Group awaiting progress update on Smartwings bid
Israeli leisure operator Israir Group is expecting to learn more about the status of its bid for Czech carrier Smartwings in the second half of January. Israir Group submitted a formal proposal to acquire Smartwings last year. It has yet to confirm whether its offer – which included a takeover ...