Middle East – Page 15
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NewsEl Al’s last 787 delivery put back until early 2023
Israeli flag-carrier El Al is pushing back delivery of its final Boeing 787 at least until March next year, three years beyond its original introduction date. The airline says the 787-8 – one of four of the variant – was supposed to be accepted in March 2020, just as pandemic-related ...
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News
El Al turns in full-year net loss of over $400m
Israeli flag-carrier El Al has posted a full-year net loss of $413 million, compared with the previous year’s loss of $531 million. El Al’s revenues reached $857 million – higher than the $623 million during the pandemic-hit 2020 but still far below the near-$2.2 billion in the year before the ...
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News
El Al given more time to conclude loyalty-scheme sale
Israel’s government has granted flag-carrier El Al more time to sell its frequent-flyer programme, one of the conditions of a financing package agreed with the state. El Al has also pledged not to sell its take-off and landing slots at various airports, or use them in other ways to raise ...
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News
IATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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News
Etihad still ‘on’ for reaching profit in 2023: Douglas
Etihad Airways group chief executive Tony Douglas believes the restructured UAE carrier is still on track to meet its original target of returning to profit in 2023 despite the negative impact of the pandemic.
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News
Cargo and strong second half help Etihad cut losses in 2021
Etihad Airways cut its full-year core operating loss to $476 million for 2021, aided by improved passenger demand in the second half and record cargo revenues.
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News
Airbus rejects Qatar claims for compensation over A350 grounding
Airbus has submitted a robust legal defence against Qatar Airways over the carrier’s grounding of several A350s, insisting the aircraft does not suffer from a design defect and that skin-paint deterioration is not an airworthiness issue. The airframer has filed a defence and counterclaim in its legal dispute with the ...
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News
Kuwait Airways turns to A330-900 in fleet rejig
Kuwait Airways has rejigged its aircraft orders with Airbus, including a notable switch to the A330-900, to match more closely its development plans over the next few years. The carrier will also take a batch of A321neos including long-range versions of the twinjet. Kuwait Airways had eight A330-800s on order ...
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News
Royal Jordanian posts another heavy full-year loss
Royal Jordanian has turned in full-year net losses of JD74.2 million ($105 million), less than half the JD161 million figure of the previous year. The airline managed to transport some 1.6 million passengers, double the number from 2020. This enabled it to increase revenues to JD357 million. But the company’s ...
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News
UAE poised to order up to 48 Chinese L-15 jet trainers
China is close to finalising a breakthrough deal to supply the United Arab Emirates with up to 48 Hongdu L-15 advanced jet trainers.
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News
El Al looks to exploit assets in order to strengthen financial position
Israeli flag-carrier El Al is looking at the possibility of using its assets to continuing strengthening its balance sheet, although it has yet to confirm whether these include its landing slots. The airline says it is examining “various outlines” and “all the options available”, working in co-operation with a number ...
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News
Malaysia Airlines expands partnership with Qatar Airways
Malaysia Airlines has deepened cooperation with fellow Oneworld alliance member Qatar Airways, with the two carriers partnering in areas such as cargo and airline operations.
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News
Ground-handler Menzies prepared to accept improved Kuwaiti takeover bid
Ground-handler Menzies has indicated willingness to recommend a takeover offer from Kuwaiti firm National Aviation Services, after the prospective buyer substantially increased its bid. UK-based Menzies specialises in ground-handling, fuelling and air cargo and operates at over 200 airports. NAS is proposing a cash offer of £6.08 per share which, ...
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Opinion
Can Boeing deliver under new pact with Qatar Airways?
Boeing’s 777X freighter launch was no surprise. But making sure the new jet delivers will be vital to maintaining the airframer’s rekindled relationship with Qatar Airways.
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Analysis
New defence show to champion Saudi Arabia’s military might
Riyadh’s first tri-service defence show will put its military strength and industrial ambitions firmly in the international spotlight – and manufacturers will be keen to discuss the kingdom’s procurement plans.
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News
Freeing Qatar A321neo slots is ‘not self-serving’: Airbus chief
Airbus insists it is not taking a self-serving approach to the cancellation of aircraft orders for Qatar Airways, and that it remains interested in reaching a mutually-acceptable settlement in its dispute with the flag-carrier. The two sides have been engaged in a highly-public spat over fuselage skin-paint deterioration on several ...
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News
Etihad signs for A350 freighters after shedding A330-200F fleet
Middle Eastern carrier Etihad Airways has signed a preliminary agreement for seven Airbus A350 freighters, potentially taking the number of customers for the new aircraft to five. Etihad was previously a customer for the A330-200F, ordering and receiving five of the type, before withdrawing them during a fleet overhaul. The ...
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News
Interest in loitering munitions grows in Asia after Nagorno-Karabakh conflict: IAI
After the Nagorno-Karabakh conflict between Armenia and Azerbaijan, in which loitering munitions were seen as playing a decisive role, interest in the new weapon type among Asian militaries is growing.
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News
Turkish Aerospace looks for TF-X partners, customers in Asia
Turkish Aerospace is on the hunt for potential customers and partners for its TF-X stealth fighter.
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News
Air Arabia demonstrates recovery with strong full-year profits
Middle Eastern budget carrier Air Arabia has turned in a full-year net profit of Dhs720 million ($196 million), following the easing of travel restrictions and a recovering demand for air travel. The Sharjah-based operator’s fourth quarter – which resulted in a net profit of Dhs467 million – was its fifth ...
