All Middle East articles – Page 32
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NewsGround-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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OpinionCan 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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AnalysisNew 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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NewsFreeing 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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NewsEtihad 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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NewsInterest 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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NewsTurkish 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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NewsAir 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 ...
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NewsAviation Capital and Jazeera firm Airbus narrowbody orders
Aircraft lessor Aviation Capital Group has firmed its tenative commitment for 20 Airbus A220s, while Kuwaiti low-cost carrier Jazeera Airways has finalised its order for 28 A320neo family aircraft.
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NewsJazeera Airways confident as quarterly profit run continues
Kuwaiti budget carrier Jazeera Airways is optimistic over recovery prospects after turning in a full-year net profit of KD7.1 million ($23.4 million). The airline transported 1 million passengers last year, contributing to revenues of KD80.4 million, and average load factor reached nearly 69%. “We are confident that restrictions on the ...
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NewsSecond Iraqi A220 arrives as carrier continues talks on lifting EU ban
Iraqi Airways has received a second Airbus A220-300 as the carrier continues to seek a lifting of a European prohibition on its flights. The airline says the arrival of the jet (YI-ARF) in Baghdad continues the modernisation of its fleet and represents an “important step to enhancing the efficiency of ...
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NewsUK handler Menzies rejects Kuwaiti takeover approach
UK ground-handling specialist John Menzies has rejected an unsolicited takeover approach from a Kuwaiti firm National Aviation Services. John Menzies’ board says NAS has offered to acquire the entire company, with cash, at a price of £5.10 per share. This followed a previous approach for an all-cash offer of £4.60 ...
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NewsAir Arabia’s new Pakistani carrier to emerge around mid-year: chief
Air Arabia Group chief Adel Ali expects operations with its new Pakistani joint-venture carrier to commence around mid-year. The new carrier, Fly Jinnah, is being established with conglomerate Lakson Group and will be based in Karachi. Speaking during an event in London on 8 February, Ali said the airline would ...
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NewsTwo A350-1000s dropped from Qatar backlog alongside 50 A321neos
Two Qatar Airways Airbus A350-1000s have been dropped from the airline’s backlog, the airframer’s latest official figures reveal. Airbus’s backlog for January 2022 shows the number of Qatar A350-1000s on order has fallen from 42 to 40 – leaving total orders for the -1000 from all customers at 162. It ...
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Airline BusinessWhy 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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Airline BusinessAirline 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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Airline BusinessBoeing 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 ...