Middle East – Page 26
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Airline Business
Atlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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News
Bell completes AH-1Z programme for Bahrain
Bell has completed the programme of record for Bahrain’s acquisition of 12 AH-1Z attack helicopters.
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News
Emirates prepares for A350 and 777X training with new simulator centre
Middle Eastern carrier Emirates is preparing for the introduction of its Airbus A350 and Boeing 777X fleets with a new pilot-training facility in Dubai. The facility, to be sited next to its current training centre, is scheduled to open in March next year. It will have six full-flight simulator bays ...
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News
Royal 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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Airline Business
What 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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News
Air 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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Podcast
Airline 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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Airline Business
Investors 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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Airline Business
Airline 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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Airline Business
How 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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News
Global 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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News
Jazeera 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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News
Global 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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News
Qatar 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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News
Airbus 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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News
Lockheed’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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News
Israeli 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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News
Crucial 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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News
Baykar 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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News
Air 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.