Middle East – Page 18
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NewsDAE starts filing insurance claims after writing off unretrieved aircraft in Russia
Middle Eastern lessor Dubai Aerospace Enterprise has started filing a series of insurance claims over aircraft abandoned to Russian operators. The lessor has disclosed an asset write-off amounting to $576.5 million for the first quarter, as a result of seizure of aircraft by the Russian government in response to air ...
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NewsRoyal Air Maroc to enter Emirates codeshare pact
Royal Air Maroc has entered a codeshare agreement with Middle Eastern operator Emirates, intended to lift connections between Dubai and Casablanca. The two carriers will commence the codeshare at the end of May. Emirates will have access to 17 destinations in Morocco, other than Casablanca, along with 63 international cities ...
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In depthAirline Business Covid-19 recovery tracker: May 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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NewsQatar Airways, Virgin Australia team up for codeshares
Qatar Airways has signed a wide-ranging strategic partnership with Virgin Australia, becoming the latest Middle Eastern carrier to join forces with an Australian airline.
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NewsWizz Air aims to explore Saudi Arabian air transport potential
Central European budget carrier Wizz Air has signed a preliminary agreement with Saudi Arabian authorities aimed at looking into potential for airline expansion in the Middle Eastern state. The memorandum of understanding, it says, reflects a “shared vision” between the two sides on the potential for Wizz to “stimulate new ...
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NewsTexel Air to take another pair of 737-800 freighters
Middle Eastern operator Texel Air is ordering another pair of Boeing 737-800 converted freighters, having received the region’s first example in January. The Bahraini cargo carrier has signed an agreement to acquire the additional jets, according to Boeing. It already had orders for two of the modified jets and will ...
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AnalysisEmirates at epicentre of airframer widebody woes
For Emirates Airline, being a key driver of new and existing widebody programmes has long been a double-edged sword, with recent issues at airframers leaving it particularly vulnerable to several unfavourable developments.
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NewsPent-up demand for air travel ‘finally being realised’ but IATA warns on airport delays
Demand for air travel continued its recovery in March this year, according to IATA, despite the war in Ukraine and China’s restrictive Covid-19 policies.
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NewsPobeda granted clearance to open Iranian service
Aeroflot Group’s budget carrier Pobeda has obtained permission to operate services to Iran from Russia’s civil aviation regulator. Pobeda will be permitted to fly twice-weekly between Moscow and Tehran, according to the decision disclosed by federal air transport authority Rosaviatsia. All Pobeda flights are conducted with a fleet of Boeing ...
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NewsAir cargo market told to brace for ‘growing challenges’ as demand falls
Demand for air cargo fell in March, according to data released by IATA on 3 May, as factors including China’s ‘zero-Covid’ policies and the Russia-Ukraine war weighed on demand and threatened to become longer-term hindrances.
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NewsJazeera turns in first-quarter profit as travel rebounds
Kuwaiti budget carrier Jazeera Airways has generated a first-quarter net profit of KD3.8 million ($12.4 million), contrasting with last year’s loss of KD5.2 million for the period. It attributes the performance to a sharp increase in passenger numbers as travel restrictions were lifted in Kuwait. Revenues for the three months ...
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NewsQatar loses court bid to force Airbus to build cancelled A321neos
Qatar Airways has lost a bid to force Airbus to continue producing A321neo jets, after a judge in London dismissed a request from the airline after the airframer cancelled Qatar’s order for 50 of the type. FlightGlobal was in London’s High Court to hear the ruling on 26 April, which ...
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AnalysisAirline sustainability announcements highlight limited scope for action today
The flurry of airline sustainability announcements this week reflects both the industry’s desire for progress on the issue and the limited scope for achieving positive steps in today’s world – beyond well-established levers such as buying current-generation aircraft and optimising flight paths.
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NewsEtihad intensifies sustainability R&D efforts with week-long Earth Day programme
Etihad Airways is ramping up its sustainability research and development efforts in a week-long programme that coincides with Earth Day on 22 April.
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NewsRoyal Jordanian medium-haul fleet renewal central to recovery strategy
Royal Jordanian Airlines is negotiating a fleet modernisation which is focused on replacing and expanding the short- and medium-haul jets operated by the Middle Eastern carrier. The airline outlined an expansion strategy during its annual general meeting on 18 April. Royal Jordanian, which is trying to recover from the impact ...
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PodcastAirline Business Podcast: Challenging summer capacity ramp-up and the fight for Spirit
Graham and Lewis return to discuss the challenges facing airlines as they ramp-up operations heading into the northern hemisphere summer, notably amid staffing shortages and rising fuel prices. They also take a look at the competition to purchase Spirit Airlines, after JetBlue Airways threw its hat into the ring for ...
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In depthAirline Business Covid-19 recovery tracker: April 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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NewsIATA chief economist suggests higher air fares might not impact demand
The usual correlation between higher air fares and lower demand might not play out in the current travel market, according to IATA chief economist Marie Owens Thomsen.
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NewsEmirates chief rues lack of A380neo as SAS counterpart says too many widebodies built
The leaders of Emirates Airline and SAS have offered different perspectives on the market for widebodies today, with one citing the growing need for super-sized aircraft to feed busy hubs and the other suggesting too many twin-aisles have been produced over the past decade.
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NewsIsrael’s El Al appoints first female chief executive
Israeli flag-carrier El Al has appointed a female chief executive, Dina Ben Tal Ganancia, to succeed the departing Avigal Soreq. Ganancia will take up her position on 1 June, according to El Al. Source: El Al Ganancia will succeed the outgoing Avigal Soreq She previously serviced as ...