Middle East – Page 18
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NewsIsrair completes sale of ATR 72-500s
Israeli leisure operator Israir Group has completed the sale of a pair of ATR 72-500 turboprops whose phase-out was part of the company’s fleet-simplification plans. The company had previously disclosed, at the end of last year, that it had reached a binding agreement with a buyer for the aircraft. It ...
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NewsInside the effort to standardise 100% ‘drop-in’ sustainable aviation fuel
An effort is underway to power aircraft entirely with synthetic and sustainably derived jet fuel. Before that happens, the industry needs to agree on a technical definition of sustainable aviation fuel.
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AnalysisEdge stamps credentials as technology innovator
In its fourth year, the UAE defence house has grown portfolio of products developed in-house more than fivefold.
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NewsEl Al 787 cuts flight time to Thailand with Saudi-Omani transit
El Al has conducted its first flight through Saudi Arabian and Omani airspace since recent agreements lifted restrictions on transit by Israeli carriers. The airline operated its LY083 service from Tel Aviv to Bangkok on 26 February, using a Boeing 787-9 – a flight which took about 7h 30min. Its ...
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NewsBAE reports record order intake, as chief executive eyes future growth
BAE Systems secured orders worth £37 billion ($44.5 billion) in 2022, up from almost £21.5 billion during the previous 12 months.
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NewsOmani government to permit Israeli overflights: ministry
Oman has become the latest Middle Eastern state to allow transit of Israeli aircraft, a decision which will enable a reduction in flight times for carriers operating Asian routes to and from Tel Aviv. The opening of Omani airspace follows several months of discussions between the two sides, and comes ...
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NewsAVIC trumpets L-15 trainer contract with UAE
AVIC appears to have signed a contract with the United Arab Emirates (UAE) for the Hongdu L-15 advanced jet trainer.
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AnalysisAtlanta 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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NewsBell 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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NewsEmirates 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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NewsRoyal 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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NewsletterWhat 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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NewsAir 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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PodcastAirline 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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NewsletterInvestors 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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In depthAirline 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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AnalysisHow 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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NewsGlobal 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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NewsJazeera 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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NewsGlobal 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.