Middle East – Page 32
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AnalysisWhy has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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NewsDubai’s Aerovista to introduce converted A321 freighters
Middle Eastern lessor Aerovista is committing to four Airbus A321 converted freighters through a partnership with US finance firm Petrus Aviation. The A321s will undergo modification by specialist 321 Precision Conversions. Dubai-based Aerovista, which focuses its services on A320-family jets, identifies the initial two aircraft as MSN1451 and MSN1503. Both ...
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In depthAirline Business Covid-19 recovery tracker: February 2022 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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AnalysisBoeing 737 Max programme enjoys better news after order setbacks
Boeing’s 737 Max programme has enjoyed a much-needed period of positive news following an inauspicious end to 2021 that saw Air France-KLM and Qantas place significant narrowbody orders with Airbus.
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NewsUSA approves Jordan to buy 16 F-16C/D fighters
The US Department of State has approved Jordan’s purchase of 16 Lockheed Martin F-16C/D fighters for an estimated cost of $4.21 billion.
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NewsEl Al board approves non-binding framework for Arkia acquisition
El Al’s board has approved a non-binding memorandum of understanding in preparation for signing an agreement to acquire fellow Israeli carrier Arkia. Under the proposed transaction El Al will acquire the entire share capital of Arkia from its shareholders, and the airline will become a wholly-owned subsidiary of the Israeli ...
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AnalysisAirbus tension, Air Italy and Covid: how Qatar Airways’ first 737 Max order hit the buffers
Qatar Airways’ signing of a letter of intent for up to 50 Boeing 737 Max 10 jets on 31 January does not mark the first time the Middle Eastern carrier has looked to Seattle for narrowbodies amid tensions with Airbus.
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NewsQatar Airways orders 777X Freighters and signals intent to purchase 737 Max
Qatar Airways has ordered 34 Boeing 777-8 Freighters, becoming the type’s first customer and marking Boeing’s launch of 777-8F development.
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NewsQatar Airways officials meet in Washington amid reports of 777X Freighter order
The White House confirms that US secretary of commerce Gina Raimondo will meet today with a representative from Qatar Airways amid reports the meeting will involve Qatar ordering a freighter version of Boeing’s 777X.
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NewsBaghdad missile attack damages retired Iraqi Airways A300
Iraqi Airways states that a missile attack on Baghdad airport has damaged an out-of-service aircraft, but that the carrier is continuing to operate services. The attack took place at dawn on 28 January, the airline says. It has released photographs of a parked aircraft, the nose-gear doors of which identify ...
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NewsInternational air travel recovery continued in December despite Omicron impact
Demand for international air travel in December continued the upward trend that began in mid-2021, albeit at a slower growth rate than was forecast before the Omicron variant of Covid-19 began to spread around the world.
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NewsUS clears potential Egyptian deal for 12 C-130Js
The US government has cleared the potential sale to Egypt of 12 Lockheed Martin C-130J-30 tactical transports, with an estimated value of $2.2 billion.
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NewsPrivate jet company Vista Global reports ‘incredibly strong year’
Vista Global, parent of charter operators VistaJet and XOJET, reports a “record-breaking” 2021 as customers flocked to private jets in response to coronavirus fears.
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NewsIATA warns of airfare impact as high jet fuel prices push up airline operating costs
High Jet fuel prices will prompt air fares to rise this year if current trends continue, according to global airline association IATA.
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NewsAirbus nixing of Qatar order ‘worrying’ amid need for airframer competition: IATA chief
The director general of IATA has described Airbus’s cancellation of a Qatar Airways A321neo order as a “worrying development”, as he highlighted the airline industry’s desire for “healthy competition” between the two big airframers.
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AnalysisAirlines continue slow progress on gender diversity in C-suite but JetBlue shines
The crisis-hit global airline industry continued its slow but consistent progress towards gender parity in the C-suite during 2021, with standout progress in some key areas – including a doubling of the number of women leading carriers.
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AnalysisIs pilot skills fade another symptom of the pandemic?
Reduced flying time during the pandemic has raised concerns that pilots could be more prone to error and cognitive lapses – with studies pointing towards the risk of a lasting decay in capability.
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AnalysisHow fatal lapses impacted airline safety in 2021
Assessing the airline industry’s recent safety performance is tricky during the pandemic-driven downturn, but alarming and deadly mishaps remain all too common away from the mainline carriers.
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OpinionIf 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.
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NewsLockheed gets sensor contract for Egyptian Apache upgrade
Lockheed Martin has been awarded a $102 million contract in support of a modernisation programme for Egypt’s Boeing AH-64 Apache attack helicopters.