Middle East – Page 18
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NewsUK handler Menzies rejects Kuwaiti takeover approach
UK ground-handling specialist John Menzies has rejected an unsolicited takeover approach from a Kuwaiti firm National Aviation Services. John Menzies’ board says NAS has offered to acquire the entire company, with cash, at a price of £5.10 per share. This followed a previous approach for an all-cash offer of £4.60 ...
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News
Air Arabia’s new Pakistani carrier to emerge around mid-year: chief
Air Arabia Group chief Adel Ali expects operations with its new Pakistani joint-venture carrier to commence around mid-year. The new carrier, Fly Jinnah, is being established with conglomerate Lakson Group and will be based in Karachi. Speaking during an event in London on 8 February, Ali said the airline would ...
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News
Two A350-1000s dropped from Qatar backlog alongside 50 A321neos
Two Qatar Airways Airbus A350-1000s have been dropped from the airline’s backlog, the airframer’s latest official figures reveal. Airbus’s backlog for January 2022 shows the number of Qatar A350-1000s on order has fallen from 42 to 40 – leaving total orders for the -1000 from all customers at 162. It ...
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Analysis
Why has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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News
Dubai’s Aerovista to introduce converted A321 freighters
Middle Eastern lessor Aerovista is committing to four Airbus A321 converted freighters through a partnership with US finance firm Petrus Aviation. The A321s will undergo modification by specialist 321 Precision Conversions. Dubai-based Aerovista, which focuses its services on A320-family jets, identifies the initial two aircraft as MSN1451 and MSN1503. Both ...
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In depth
Airline Business Covid-19 recovery tracker: February 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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Analysis
Boeing 737 Max programme enjoys better news after order setbacks
Boeing’s 737 Max programme has enjoyed a much-needed period of positive news following an inauspicious end to 2021 that saw Air France-KLM and Qantas place significant narrowbody orders with Airbus.
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News
USA approves Jordan to buy 16 F-16C/D fighters
The US Department of State has approved Jordan’s purchase of 16 Lockheed Martin F-16C/D fighters for an estimated cost of $4.21 billion.
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News
El Al board approves non-binding framework for Arkia acquisition
El Al’s board has approved a non-binding memorandum of understanding in preparation for signing an agreement to acquire fellow Israeli carrier Arkia. Under the proposed transaction El Al will acquire the entire share capital of Arkia from its shareholders, and the airline will become a wholly-owned subsidiary of the Israeli ...
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Analysis
Airbus tension, Air Italy and Covid: how Qatar Airways’ first 737 Max order hit the buffers
Qatar Airways’ signing of a letter of intent for up to 50 Boeing 737 Max 10 jets on 31 January does not mark the first time the Middle Eastern carrier has looked to Seattle for narrowbodies amid tensions with Airbus.
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News
Qatar Airways orders 777X Freighters and signals intent to purchase 737 Max
Qatar Airways has ordered 34 Boeing 777-8 Freighters, becoming the type’s first customer and marking Boeing’s launch of 777-8F development.
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News
Qatar Airways officials meet in Washington amid reports of 777X Freighter order
The White House confirms that US secretary of commerce Gina Raimondo will meet today with a representative from Qatar Airways amid reports the meeting will involve Qatar ordering a freighter version of Boeing’s 777X.
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News
Baghdad missile attack damages retired Iraqi Airways A300
Iraqi Airways states that a missile attack on Baghdad airport has damaged an out-of-service aircraft, but that the carrier is continuing to operate services. The attack took place at dawn on 28 January, the airline says. It has released photographs of a parked aircraft, the nose-gear doors of which identify ...
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News
International air travel recovery continued in December despite Omicron impact
Demand for international air travel in December continued the upward trend that began in mid-2021, albeit at a slower growth rate than was forecast before the Omicron variant of Covid-19 began to spread around the world.
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News
US clears potential Egyptian deal for 12 C-130Js
The US government has cleared the potential sale to Egypt of 12 Lockheed Martin C-130J-30 tactical transports, with an estimated value of $2.2 billion.
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News
Private jet company Vista Global reports ‘incredibly strong year’
Vista Global, parent of charter operators VistaJet and XOJET, reports a “record-breaking” 2021 as customers flocked to private jets in response to coronavirus fears.
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News
IATA warns of airfare impact as high jet fuel prices push up airline operating costs
High Jet fuel prices will prompt air fares to rise this year if current trends continue, according to global airline association IATA.
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News
Airbus nixing of Qatar order ‘worrying’ amid need for airframer competition: IATA chief
The director general of IATA has described Airbus’s cancellation of a Qatar Airways A321neo order as a “worrying development”, as he highlighted the airline industry’s desire for “healthy competition” between the two big airframers.
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Analysis
Airlines continue slow progress on gender diversity in C-suite but JetBlue shines
The crisis-hit global airline industry continued its slow but consistent progress towards gender parity in the C-suite during 2021, with standout progress in some key areas – including a doubling of the number of women leading carriers.
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Analysis
Is pilot skills fade another symptom of the pandemic?
Reduced flying time during the pandemic has raised concerns that pilots could be more prone to error and cognitive lapses – with studies pointing towards the risk of a lasting decay in capability.
