Middle East – Page 31
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NewsEl Al in talks with ministry to push back share issue
Israeli flag-carrier El Al is seeing to defer plans to raise additional capital through a share issue. The airline has been preparing to issue new shares or options to generate $105 million as part of a support scheme El Al’s share scheme was one of the conditions attached ...
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NewsUSA clears Israel to buy 18 Sikorsky CH-53K King Stallion heavy-lift helicopters
The US Department of State has approved a possible Foreign Military Sales deal to supply Israel with 18 examples of the Sikorsky CH-53K King Stallion heavy-lift helicopter.
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NewsQatar Airways chief dangles freighter launch order interest to Airbus and Boeing
Qatar Airways chief executive Akbar Al Baker has indicated he is ready to place a launch order for a new freighter with Boeing or Airbus by the end of the third quarter, though he added the caveat that the carrier would need to see concerns around the A350 settled before ...
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NewsFlyadeal takes first A320neo from Saudia order
Flyadeal has received the first of 30 Airbus A320neos it is taking through an order placed by parent Saudia in 2019, Airbus said on 16 July.
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NewsAirline industry not assertive enough in early days of Covid-19: IATA chief
The airline industry was too accepting of draconian restrictions on international travel in the first months of the pandemic, according to IATA director general Willie Walsh.
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In depthAirline coronavirus recovery tracker: July 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.
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NewsStraying passengers cause chaos after Gulf Air A321 evacuation in Kuwait
Passengers evacuating a Gulf Air Airbus A321 at Kuwait appear to have caused operational disruption, including forcing a go-around, after straying towards an active runway. The A321 crew advised tower controllers that they would be evacuating the aircraft on the taxiway after it arrived on runway 33L as the ...
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NewsEl Al and Etihad outline initial phase of codeshare pact
Israeli flag-carrier El Al is to commence its codeshare pact with the United Arab Emirates’ Etihad Airways on 18 July. The two airlines are implementing the co-operation following the historic agreement reached last year centred on the establishment of diplomatic ties between Israel and several Arab states. As ...
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NewsNaples chosen by Israel’s IAI as site for 737 freighter conversions
Israel Aerospace Industries is to set up a European facility in Naples to convert passenger aircraft into freighters.
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NewsInternational carriers make Phuket return
Etihad Airways, Qatar Airways, El Al and Singapore Airlines all resumed flights to Phuket today, while Air Arabia, Emirates and Oman Air are due to carry out flights tomorrow.
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NewsEl Al to consolidate shares and raise authorised capital
Israeli flag-carrier El Al is to seek shareholder approval for a share consolidation and an increase in the company’s authorised capital. El Al is to consolidate its 2.5 billion ordinary shares in a ratio of eight-to-one, bringing the figure down to 312.5 million. The airline will reduce the ...
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InterviewSwissport chief Warwick Brady outlines ambitions for restructured handling giant
With a reduction in debt of €1.9 billion and a capital injection of €500 million, Swissport is aiming to emerge from the pandemic as a leaner but stronger business.
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NewsOil firms and OEMs must drive sustainable-fuel solutions: Qatar Airways chief
The aviation industry will only meet its net-zero CO2 targets if the OEMs and oil companies join airlines in a collective effort to overcome the related challenges, according to Qatar Airways chief executive Akbar Al Baker.
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NewsCovid-19 forces airlines to tighten planning timeframes
A panel of senior airline executives contend that their carriers are nimbler after over 12 months mired in the coronavirus pandemic, largely due to ever changing government requirements.
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NewsUK F-35s make first combat strikes from HMS Queen Elizabeth
The UK has for the first time demonstrated its restored Carrier Strike capability, with Lockheed Martin F-35B Lightnings operating from the 65,000t vessel HMS Queen Elizabeth striking targets in the Middle East on 18 June.
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NewsIsrael uses airborne laser to shoot down UAVs
The Israeli Ministry of Defense (MoD) has demonstrated the use of an airborne laser to shoot down unmanned aerial vehicles (UAV).
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In depthAirline Business Index shows industry below two-thirds of pre-Covid size
The latest quarterly Airline Business Index shows the global airline industry is still below two-thirds of its pre-pandemic size, at a score of 60 (2019 = 100), with only a small uptick in the data over the three months to 31 March 2021.
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NewsUSAF demos converting commercial-grade jet fuel into military fuel for ‘Agile’ operations
The ability to refuel at commercial airports would allow US military aircraft to operate or transit from more locations.
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NewsEmirates full-year freight revenues surge despite fall in cargo volumes
Surging demand for essential freight capacity meant Emirates’ cargo revenues rose by more than 50% over the last financial year. Emirates’ SkyCargo division turned in revenues of Dhs17.1 billion ($4.7 billion) for 2020-21 compared with the previous figure of Dhs11.2 billion. This was despite a fall of around ...
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NewsBoeing, Turkish Technic extend parts package agreement
Istanbul-based Turkish Technic will grow its components inventory, following the renewal of its tailored parts package agreement with Boeing for another three years.