Wizz progressing moves towards Saudi joint venture
Wizz Air has selected a partner and is in the process of an application to establish a joint-venture carrier in Saudi Arabia as the central European budget operator continues to develop its presence in the Middle East.
Washington attempts to disrupt Iranian UAV supply chain
Sanctions announced by the US Treasury on 27 September target entities in Iran, Turkey and China that Washington says are supporting the production of Iranian UAVs, which Tehran is providing to Russia for use against Ukraine.
Saudia A320 makes first flight to new Red Sea resort airport
Saudia has carried out the maiden flight to the new Red Sea international airport which forms part of a resort complex in the west of the kingdom.
IAI to establish 777-300ER freighter conversion line in Arizona
Israel Aerospace Industries is set to establish a US-based Boeing 777-300ER freighter conversion line in Arizona from next year.
European buyer orders Elbit SkyStriker loitering munitions
Elbit Systems is to supply an undisclosed European customer with “several hundred” examples of its SkyStriker loitering munition, under a contract valued at $95 million.
Saudia set to be first carrier operating at new Red Sea resort airport
Saudia is set to become the first operator at the new Red Sea international airport when it opens later this year.
IAI unveils Rotem Alpha loitering munition for anti-tank strikes
Israel Aerospace Industries (IAI) has used the DSEI show in London to launch its Rotem Alpha loitering munition, with the model optimised for use during anti-tank missions.
Airbus Helicopters cites H175M’s strong market potential on back of customer demos
Airbus Helicopters has begun conducting demonstration flights for potential customers of the H175M, including Saudi Arabia, as it eyes a market for the super-medium-twin beyond the UK.
Airline Business Covid-19 recovery tracker: September 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.
Revenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.