Middle East – Page 32

  • 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    Bahrain’s air force is to receive another BAE Systems Avro RJ100, one of the 10 Avros which had been withdrawn from the fleet of Swedish carrier Braathens Regional Airlines.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.

  • Airline-data
    In depth

    Airline coronavirus recovery tracker: February 2021 update


    Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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.

  • Almost empty airport during Covid

    Airline passenger traffic saw sharpest decline in history during 2020


    The coronavirus-ravaged airline industry experienced its sharpest-ever decline in passenger demand during 2020, as global traffic fell 65.9% from 2019 levels, according to full-year data released by IATA today.

  • Cargo on an A330 C Lufthansa Cargo

    Air cargo demand decline in 2020 ‘worst since records began’


    The air cargo sector – touted as the airline industry’s bright spot during the coronavirus crisis – saw its largest year-on-year fall in demand since IATA records began during 2020, although the final quarter brought signs of the gap closing.

  • Cancelled flights

    IATA outlines scenario where Covid variants pummel 2021 traffic


    The global airline industry might only see traffic growth of around 13% from 2020 levels this year amid the impact of new variants of Covid-19, according to a potential scenarios presented by IATA.

  • Raytheon Paveway precision-guided bomb c Raytheon

    Facing Biden administration, Raytheon drops sale of offensive weapon to Middle Eastern country


    Raytheon dropped the sale of an offensive weapon system to an unnamed Middle Eastern country due to concerns that the new President Joseph Biden administration would not grant it a direct commercial sales export license.

  • El Al fin

    El Al remains in limbo as Israeli government curbs air travel


    Israeli flag-carrier El Al has prolonged the furlough of close to 5,000 personnel at least until the end of February, as the government imposes restrictions on air services. El Al says it has “decided to extend” the unpaid leave of employees until 28 February, putting the figure at 4,864 ...

  • Israir Airbus-c-Israir

    Control of leisure carrier Israir finally handed to new owner BGI


    Israeli leisure carrier Israir’s trustee has disclosed that the sale of the airline to new owners BGI Investments has been completed, after a long competitive bidding process. The trustee has informed a Tel Aviv court that, following approval of the BGI bid on 1 January, the sale was completed ...

  • Flydubai

    Flydubai latest to reinstate Doha flights


    Flydubai is to restore its service to Doha from 26 January, a day after fellow UAE carrier Etihad announced a resumption of flights to Qatar.

  • f-35as-c-lockheed-martin

    UAE signs up for F-35 in 11th hour of Trump administration: report


    Hours before the swearing in of US president Joe Biden, the United Arab Emirates (UAE) has reportedly signed a deal for 50 Lockheed Martin F-35As and 18 General Atomics Aeronautical Systems MQ-9B Reaper unmanned air vehicles (UAV).

  • Etihad Boeing 787 Dreamliner

    Etihad to restore Doha flights from mid-February


    UAE carrier Etihad Airways is to restore service from Abu Dhabi to the Qatari capital Doha from 15 February following the restoration of diplomatic links between the Gulf states.

  • Etihad IATA Trave pass

    Emirates and Etihad to trial IATA’s Travel Pass


    UAE-based carriers Emirates and Etihad will be among the first airlines in the world to use IATA’s Travel Pass app, with trials to begin in the first half of this year.

  • Wizz Abu Dhabi tail

    Wizz takes advantage of UAE-Israel ties to open Abu Dhabi-Tel Aviv


    Wizz Air is the latest operator to take advantage of the political agreement between the United Arab Emirates and Israel, with plans to serve the Abu Dhabi-Tel Aviv route. The airline will open the connection on 12 February, through its new Middle Eastern division Wizz Air Abu Dhabi. This division, ...

  • Airbus A380

    Qatar Airways will only retain half of its A380 fleet


    Qatar Airways will only operate half of its A380s at best if it brings the widebodies back into service, according to the airline’s chief executive Akbar Al Baker.

  • Jordan Aviation A330-c-Jordan Aviation

    Middle East’s Jordan Aviation discloses plans for US services


    Middle Eastern carrier Jordan Aviation is seeking to open scheduled services to the USA within the next four months. The privately-owned airline has not detailed its intended route network. Royal Jordanian Airlines already serves routes from Amman to New York JFK and Chicago. While it aims to ...