Middle East – Page 8
-
NewsJazeera blames currency fluctuations as first quarter performance dips
Kuwaiti budget carrier Jazeera Airways is blaming adverse foreign currency effects for a first-quarter net loss of KD2.7 million ($8.8 million). The figure is a reversal of the KD2.3 million profit achieved in the same quarter last year. Jazeera Airways says the result was “mainly due” to the impact of ...
-
NewsRoyal Jordanian’s aspiration for full-year profit dashed by Gaza conflict
Royal Jordanian Airlines has disclosed that the Israeli-Gaza conflict resulted in a near-JD40 million ($56 million) impact on revenues in the fourth quarter of last year. The flag-carrier turned in a full-year net loss of JD8.7 million, despite efforts to reduce expenditure and cut costs, says chief executive Samer Majali. ...
-
NewsDubai’s ruler approves further expansion plans for Al Maktoum airport
Dubai’s ruler has approved further expansion of the emirate’s Al Maktoum airport, which will feature a new Dhs128 billion ($35 billion) terminal taking annual capacity to 260 million passengers.
-
AnalysisRace to market leads top US air taxi developers to Middle East
Leading US air taxi companies pursuing certification of new and novel aircraft appear increasingly likely to launch passenger service not at home but in a Middle East region eager to embrace advanced air mobility.
-
NewsSaab delivers fourth GlobalEye surveillance aircraft to the UAE
The United Arab Emirates’ fourth GlobalEye surveillance aircraft departed Saab’s Linkoping modification site on 18 April.
-
NewsEmirates vows to improve after Clark admits storm response ‘far from perfect’
Middle Eastern carrier Emirates has restored its flight schedules, after four days of disruption caused by thunderstorms and torrential rain in Dubai.
-
NewsIsrair Group restores fleet capacity to pre-conflict levels
Six months after the Israeli-Gaza conflict began, leisure carrier Israir Group has restored its fleet to pre-war levels. The airline says it will have nine single-aisle aircraft available, 192 days since the outbreak of the conflict in October 2023. With this level of capacity, it adds, it will be able ...
-
NewsThunderstorms and torrential rain badly disrupt Dubai flight operations
Several flights bound for Dubai’s main airport have been diverted after thunderstorms brought torrential rain to the United Arab Emirates on 16 April. Operator Dubai Airports states that the “exceptional weather event” has forced the temporary diversion of inbound evening services, although departures have been able to continue. “The airport ...
-
NewsLegal claim over El Al group-booking price hike rejected
El Al states that a class action which accused the Israeli flag-carrier’s ticketing system of unfairly charging higher fares has been rejected in a legal judgement.
-
NewsIranian attack on Israel included 150 one-way UAVs: Pentagon
The weekend barrage by Iran’s armed forces, which marked Tehran’s first-ever direct attack on Israel, featured more than 300 missiles and air vehicles, according to the Pentagon.
-
NewsRyanair to resume Israeli services as low-cost terminal becomes available
Budget carrier Ryanair is to restore services to Israel from early June, after a decision to re-open Tel Aviv Ben Gurion airport’s low-cost terminal.
-
NewsNayak-Knafaim MRO venture held up by Gaza conflict
Israel’s Knafaim Holdings has yet to commence operations with its new line maintenance joint venture with Nayak Group, after the Gaza conflict forced a postponement.
-
NewsIsrair Group remains keen on Smartwings despite hold-up in negotiations
Israir Group has indicated that it is still interested in pursuing Czech carrier Smartwings, but that its previous proposed transaction might need to be amended.
-
NewsEl Al details results of capital raise from share offering
Israeli flag-carrier El Al has completed that it will issue 92 million shares and an equivalent number of warrants following a public offering. It puts the gross consideration for the allocated shares at around 510 million shekels ($139 million). El Al adds that the future consideration if all warrants are ...
-
NewsFlydubai to bring first international services to new Red Sea airport
United Arab Emirates carrier Flydubai is preparing to become the first airline to operate international services to the new Red Sea airport in Saudi Arabia.
-
NewsRoyal Jordanian expands cargo fleet with converted A321 freighter
Royal Jordanian Airlines has introduced an Airbus A321 converted freighter, providing additional dedicated cargo capacity as part of the carrier’s fleet modernisation.
-
NewsEl Al considers raising funds through offer of securities
Israeli carrier El Al is considering carrying out a fundraising exercise through a public offering of securities. The airline has not stated the quantity of capital it aims to obtain, and it has not given a timeline. Controlling shareholder Kanfei Nesharim has informed the carrier that it intends to participate ...
-
NewsIsrael’s El Al tentatively signs for up to nine more 787s
Israeli flag-carrier El Al has disclosed a preliminary agreement to purchase three more Boeing 787-9s, with options for another six. The airline says that the three aircraft would be delivered in 2029 and 2030. El Al adds that the optioned 787s, should they be taken up, would arrive from 2030 ...
-
NewsIAI implements system to improve conversion efficiency as freighter activity broadens
Israel Aerospace Industries has implemented a new system intended to increase the efficiency of passenger-to-freighter aircraft conversion as it expands the number of modification lines.
-
NewsIndian navy retakes hijacked cargo ship with C-17 commando airdrop
The operation to free a pirate-controlled bulk carrier ship involved marine commandos parachuting from a Boeing C-17 strategic transport, supplemented with reconnaissance support from a Boeing P-8 Poseidon maritime patrol jet.