Middle East – Page 35
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News
El Al arm shows off automated monitor to speed turnaround times
Israeli carrier El Al’s technological investment division Cockpit Innovation is showing off an artificial intelligence tool intended to increase turnaround efficiency at airports. It will present the system – developed by one of its portfolio firms, IntellAct – at the World Aviation Festival event in London, which opens on 1 ...
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Analysis
How Afghanistan’s fall reshaped World Air Forces inventory
Afghanistan returning to Taliban control saw its military aircraft inventory drop to zero and tested the international community’s ability to rescue at-risk civilians, during another busy year for defence.
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News
Air Baltic switches UAE codeshare from Etihad to Emirates after Dubai launch
Air Baltic has announced a codeshare with Emirates as it seeks to leverage the connectivity advantages of switching its UAE services from Abu Dhabi to Dubai.
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In depth
Airline Business Index shows industry nearing three-quarters of pre-Covid size
The latest Airline Business Index shows the global airline industry is nearing three-quarters of its pre-Covid size, driven by rapidly returning passengers and revenue in the third quarter. The overall score of 72 (2019 = 100) represents an increase of six from the score on 30 June 2021, 12 ...
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News
MEA full-year financial performance hammered by successive calamities
Lebanese flag-carrier Middle East Airlines has disclosed full-year losses of LL68.1 billion ($45 million) for 2020, a year in which the country faced an economic crisis, the effects of the pandemic, and the fallout from the Beirut port explosion. The loss contrasted with the near-LL130 billion profit for the carrier ...
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News
El Al’s nine-month losses top $300m
Israeli flag-carrier El Al has turned in net losses of $136 million for the third quarter, taking total losses over the first nine months to $303 million. El Al generated third-quarter revenues of $253 million, the carrier has disclosed in its latest financial statement. The carrier is still trying to ...
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News
El Al details loan and share issue to secure $30m in state aid
Israeli flag-carrier El Al has detailed an agreement for funding support from the government and its controlling shareholder, Kanfei Nesharim, which includes a commitment to a share offering by mid-September next year. Under the 22 November agreement Kanfei Nesharim will provide El Al with $63 million through four loans. Three ...
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News
Israeli government to offer additional state-aid package to airlines
Israel’s government is to offer additional financial support to the country’s troubled airlines, approving a proposal for a state aid package worth up to $44 million. The finance and transport ministries say they have jointly put forward the proposal to provide “immediate cash-flow assistance” given the “exceptional damage” inflicted on ...
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Analysis
Dubai air show reinforces pandemic recovery themes among airlines
Organisers and visitors alike will be hoping that the biennial Dubai air show has bookended the worst of the Covid-19 crisis, proving the maxim that ‘timing is everything’.
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News
CATIC, GAL stand-up aircraft spare parts facility in Abu Dhabi
The China National Aero-Technology Import & Export Corporation (CATIC) and MRO firm GAL have opened a support centre in the United Arab Emirates (UAE).
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News
Upbeat Emirates boss sees no structural change to travel demand
Emirates Airline president Tim Clark does not expect there to be any structural change to travel demand citing the strong take-up from passengers in the markets it has so far been able restores services to since the pandemic.
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News
Air Baltic navigates Latvia lockdown with capacity and IPO plan intact
Latvia-based Air Baltic made it through its home country’s recent four-week lockdown without adjusting its capacity – or its plans for an IPO in the coming years.
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News
Dubai luxury hotel firm Five to take VIP A220 from Comlux
Dubai-based hotel and resort group Five is acquiring an Airbus A220 business jet from Switzerland’s Comlux Group. The twinjet – branded as the ACJ TwoTwenty – will be fitted with a VIP cabin interior specified by Five from January next year, and will enter into service with the company in ...
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News
Emirates rolls out premium economy to 105 widebodies in upgrade move
Emirates is to retrofit over a 100 of its widebodies with premium economy seats as part of wider cabin upgrade moves which could include a new business class product on its Boeing 777s.
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News
Jazeera inks preliminary deal for up 28 Airbus A320neos
Kuwaiti low-cost carrier Jazeera Airways has sealed a memorandum of understanding for 20 Airbus A320neos and eight A321neos.
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News
Boeing Capital lands deal with UAE lessor for three RR-powered 777-300s
Boeing Capital has secured a sale agreement with Sky One FZE for three Rolls-Royce powered Boeing 777-300s.
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News
Etihad and Airbus launch Greenliner-style initiative with A350-1000s
Etihad Airways and Airbus will collaborate on sustainability efforts under a programme that will use the carrier’s A350-1000 jets in the style of Boeing’s Greenliner initiative, they announced at Dubai air show on 15 November.
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News
KC-390 ‘perfect’ for Middle East operations, Embraer boss says
Embraer’s defence unit is enjoying a busy Dubai air show, with Brazilian President Jair Bolsanaro among those to have received a tour of its KC-390 tanker/transport.
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News
Lockheed to hit F-35 delivery target for 2021, as UAE talks continue
With the United Arab Emirates (UAE) having secured US approval to buy 50 Lockheed Martin F-35As almost one year ago, many at the Dubai air show will be surprised to see the fifth-generation type present only in the guise of a full-scale replica.
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News
Air Baltic lauds A220 performance with eight more on the way in 2022
Air Baltic is expecting to end 2022 with 40 A220-300s in its fleet as it emerges from the Covid-19 crisis firmly committed to life as a single-type operator.