Jazeera Airways triples first quarter net profit
Kuwait-based Jazeera Airways Group announced in a webcast that its first quarter net profit of $12.6 million has more than tripled, compared to the year-ago.
Business & Finance
in Air Transport / Business & Finance Etihad takes key stake in India's Jet Airways
Posted 24 April 2013 · 1 Comment
Etihad Airways and Jet Airways announced today that the UAE national carrier will subscribe for 27,263,372 new shares in the Indian airline at a price of INR754.74 per share. The value of this equity investment is US$379 million and will result
in Air Transport / Business & Finance Air Arabia breaks passenger record in first quarter of 2013
Posted 20 April 2013
Air Arabia, reported today that it carried a record 1,445,783 passengers in first quarter ending March 31, 2013, a 17.5 per cent growth compared to the first quarter 2012.
in Home / Air Transport / Business & Finance Turkish Airlines increases profits to $632 million
Posted 10 April 2013
Turkish Airlines has recorded a TL1.133 million (US$632 million) net profit in 2012 it has been reported to the Istanbul Stock Exchange.
in Business Aviation / General Aviation / Business & Finance New consortium to create insurance leverage for small operators
Posted 27 March 2013
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in Air Transport / Business & Finance Jazeera records record profits and leasing arm set to buy new aircraft
Posted 25 March 2013
Kuwait privately owned airline Jazeera announced record earnings today when it revealed its 2012 figures. The company declared a record net profit of $48.8million (KD13.9 ) up 32% from the previous year.
in Air Transport / Business & Finance Prime Minister steps in to speed up Kuwait Airways' action
Posted 21 March 2013
Kuwait's Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah has called for a speedy resolution to the challenges facing the country's flag carrier, Kuwait Airways.
in Business & Finance Abu Dhabi National Bank opens way for leasing deals with Airbus
Posted 21 March 2013
Abu Dhabi National Leasing Company (ADNL), the wholly owned lease finance arm of the National Bank of Abu Dhabi (NBAD), Abu Dhabi's largest bank has signed an MoU with European manufacturer Airbus to cooperate on aircraft
in Air Transport / Business & Finance Emirates seeks $5 billion to fund this year's growth
Posted 21 March 2013
Emirates Airline needs about $5 billion to pay for the new aircraft it needs in 2013 to meet its growth targets. According to Brian Jeffery, senior vice-president for corporate treasury, in an interview with Bloomberg yesterday, the
in Air Transport / Business & Finance Gulf Air restructuring yields results
Posted 26 February 2013
Bahrain's national carrier Gulf Air, which announced a restructuring strategy last December, has recorded restructuring progress within a month of its on-going implementation.
in Business Aviation / General Aviation / Business & Finance Hawker Beechcraft revival plan agreed with funding support
Posted 27 January 2013
Troubled aircraft manufacturer Hawker Beechcraft is optimistic about coming out of Chapter 11 Bankruptcy in the United States having been given support by its key creditors who have accepted its reorganisation plan.
in Business & Finance Etihad maintains profitable results says Hogan
Posted 23 January 2013
UAE carrier Etihad Airways has reported profits for the second year running The airline's president and CEO, James Hogan, made the announcement during his keynote address at the Global Airfinance Conference today in Dublin.
in Business & Finance Airbus price rises for 2013
Posted 17 January 2013
Airbus has increased the average list prices of its aircraft by 3.6% with effect from the start of this year. The increase has been calculated according to Airbus' standard escalation formula.
in Air Transport / Business & Finance Qatar Airways quashes rumours of Indian airline talks
Posted 15 January 2013
Following media speculation in recent days linking Qatar Airways with airlines in India, Qatar Airways issued a statement today denying it is in investment talks with Spicejet or any other Indian airline.
in Air Transport / Business & Finance Saudia Cargo heading for record figures
Posted 21 December 2012
Saudia Cargo is heading for a record year with double digit growth this year.
in Business & Finance / People / Show News MEBA2012: Hub of opportunities for foreign trade
Posted 12 December 2012
The UAE's minister of foreign trade, HE Sheikha Lubna Al Qasimi, joined the royal tour at the opening ceremony of MEBA and took the opportunity to explore some of the stands.
in Business Aviation / Business & Finance / People / Show News MEBA2012: new 'Air Club' alliance announced
Posted 12 December 2012
Eight leading European corporate aviation operators announced the formation of a new 'Air Club' alliance at MEBA.
in Business Aviation / Business & Finance / Show News MEBA2012: Bombardier the view from the top
Posted 12 December 2012
Bombardier is the clear world market share leader, measured by revenue or aircraft deliveries, according to Bob Horner, the company's senior vice president for sales. It has enjoyed this leading position since 2009 in 2008 Cessna
in Business Aviation / Business & Finance / Show News MEBA2012: Middle East to lead biz-jet recovery Dassault Falcon
Posted 12 December 2012
Dassault Falcon sees a demand for business jets recovering throughout the Middle East, spurred on by large regional operators and the increased globalisation of commerce.
in Business Aviation / Business & Finance / People / Show News MEBA2012: Middle East BizAv market set to grow to US$1 billion
Posted 11 December 2012
This year's Middle East Business Aviation (MEBA) show kicks off with some strong stats from organisers the Middle East Business Aviation Association (MEBAA) which says that the local market will be worth US$1 billion by
in Business Aviation / Business & Finance / Flight Services & Support / People / Show News MEBA2012: Death of Gulf's grey market within three years?
Posted 11 December 2012
A new working group to quash the illegal charter market in the Middle East sprang from a session at the Middle East Business Aviation Conference yesterday.
in Business & Finance / People / Show News MEBA2012: UAE poised for BizAv game-change Mubadala boss
Posted 11 December 2012
The business aircraft industry is too fragmented; consolidation must occur and the UAE is ready to step in.
in Air Transport / Business Aviation / General Aviation / Business & Finance / Show News MEBA2012: Bahrain leading the way over BizAv rulings
Posted 11 December 2012
Is Bahrain making a bid to oust offshore registrations and take the regional lead on developing rules that would suit the entire region?
in Business Aviation / Business & Finance / Airports / Show News MEBA2012: Too many restrictions hitting FBOs
Posted 11 December 2012
An open forum at MEBAC looked at the difficulties in setting up new FBOs in the region.
in Business Aviation / Business & Finance / People / Show News MEBA2012: Honeywell outlook shows reason for cautious optimism
Posted 11 December 2012
Rob Wilson delivered Honeywell Aerospace's business aviation outlook for 2013 at the Middle East Business Aviation Conference yesterday.
in Business Aviation / Aircraft Interiors / Business & Finance / People / Show News MEBA2012: Celebrating a new Gala design
Posted 11 December 2012
Airbus Corporate Jets has revealed its new VIP cabin concept for wide-bodied corporate airliners, designed with an eye to the growing Middle Eastern market.
in Business & Finance EADS to undergo major ownership change
Posted 5 December 2012
The European defence and aerospace giant EADS - the organisation that owns Airbus is undergo a major ownership change.
in Business & Finance Novus Aviation Capital opens new regional HQ in Dubai
Posted 27 November 2012
Novus Aviation Capital has opened a new office in the Dubai International Financial Centre and at the same time introduced a new corporate image. The new branding includes a revamped website and a secured platform offering Novus'
in Business & Finance / Airports Gulf investors asked to support African plan for a Dubai-look-alike hub
Posted 12 November 2012
Gulf investors are being invited to invest in a new global hub type airport but this one is off the coast of Africa.
in Business & Finance Air Arabia reports third quarter 2012 net profit of AED 226 million, up 126%
Posted 12 November 2012
Air Arabia Group has announced its financial results for the third quarter of 2012, demonstrating its ability to deliver strong profits quarter after quarter.
in Business & Finance Emirates Group announces half yearly profits
Posted 12 November 2012
Emirates Group has recorded a AED 2.1 billion (US$ 575 million) net profit up 68%.
in Technology / Business & Finance Social Media is vital part of Etihad strategy
Posted 5 November 2012
Social Media is an important and fast-growing platform for Etihad Airways and over the past year has become a vital part of its broader digital and communications activity.
in Air Transport / General Aviation / Business & Finance Morocco may sell airline stake to Gulf
Posted 17 October 2012
Reuters has reported that Morocco will offer to sell a 44% stake in Royal Air Maroc.
in Air Transport / Business & Finance Turkish airlines to buy 15 Airbus A330-300
Posted 8 October 2012
Turkish Airlines has said it will buy 15 Airbus A330-300 planes between 2014-2016, Reuters has reported.
in Business & Finance Trade Bank of Iraq buys two Airbus narrowbodies for lease
Posted 4 October 2012
The Trade Bank of Iraq (TBI) has announced that it is purchasing two Airbus passenger planes from Germany at the cost of $86 million.
in Business & Finance / Airports Banking consortia together for Abu Dhabi midfield terminal finance
Posted 3 October 2012
A consortium of Banks including Al Hilal Bank, First Gulf Bank, Mashreq, Union National Bank and Arab Bank have announced the signing of the AED 4 Billion syndicated contracting facility with the joint venture (JV)
in Business & Finance EU calls for WTO sanctions on Boeing in latest move in drawn out trade spat
Posted 28 September 2012
The European Union has filed a request for the WTO to grant $12 Bn in annual sanctions, following what Airbus claims was Boeing's failure to address the clear verdict it suffered in the WTO's March 2012 final
in Defence / Business & Finance EADS and BAE Systems in merger talks to create world's largest aerospace and defence company
Posted 13 September 2012
BAE Systems and EADS have told the London Stock Exchange that they are in talks over a possible merger that would create the world's largest aerospace and defence company.
in Air Transport / Business & Finance Gulf Air records positive business performance for first half of 2012
Posted 28 August 2012
Gulf Air has announced that it has posted significant improvements in its 2012 half yearly performance against the same period last year.
in Air Transport / Business & Finance Etihad increases stake in Virgin Australia
Posted 21 August 2012
Etihad Airways has increased its stake in Virgin Australia Holdings to 6.1% from 5% last month, Business Spectator has reported.
in Business & Finance / Airports Qatar Holding takes stake in Heathrow and other UK airports
Posted 18 August 2012
Qatar Holding a subsidiary of the Qatar sovereign wealth fund has taken a 20% stake in airport owner and operator BAA which owns London's Heathrow and Stansted airports as well as Glasgow and Aberdeen in Scotland and
in Air Transport / Business & Finance Jazeera continues with profitable run of results
Posted 1 August 2012
Kuwaiti airline, Jazeera Airways, has continued its profit-making results as it announced a second quarter net profit of $9.2 million - a year-on-year increase of 23.5%.
in Air Transport / Business & Finance Etihad to up the ante with greater stake in Virgin Australia
Posted 19 July 2012
Etihad Airways has been given the go-ahead by the Australian Government to to increase its equity stake in Virgin Australia Holdings to a maximum of 10 per cent.
in Business Aviation / Business & Finance Hawker gets court go-ahead for Superior talks
Posted 17 July 2012
Hawker Beechcraft today announced that the U.S. Bankruptcy Court for the Southern District of New York has approved the company's motion to enter into exclusive negotiations with Superior Aviation Beijing Co., Ltd. (Superior). Approval of
in Business & Finance GKN acquires Volvo Aero to boost its engines business
Posted 5 July 2012
UK Engineering group GKN announced this morning that it is to buy the aero engine unit of AB Volvo -Volvo Aero - for £633million.
in Business & Finance New brand and a new name for UAE's offset programme
Posted 10 June 2012
The UAE offset programme bureau has officially been renamed as Tawazun Economic Council in a move timed to celebrate the organization's 20th anniversary.
in Air Transport / Business & Finance Etihad takes stake in Virgin Australia
Posted 6 June 2012
Abu Dhabi airline Etihad Airways has acquired a 3.96 per cent stake in Virgin Australia Holdings.
in Business & Finance / Training GAA signs lease deal for new A330 simulator for Bahrain
Posted 3 June 2012
Bahrain's Gulf Aviation Academy (GAA) has signed a $13.3million lease agreement with Tadhamon Capital to purchase and operate a new A330 full flight simulator.
in Business & Finance Emirates looking to refinance Islamic bond
Posted 30 May 2012
Emirates is considering a refinance deal for the $550million Islamic bond that matures in June but according to financial news agency Reuters it has not ruled out repayment in cash.
in Business & Finance Flydubai secures $172m aircraft financing
Posted 28 May 2012
Flydubai has signed with aircraft leasing, financing and management specialist Pembroke - a wholly owned subsidiary of Standard Chartered Bank - to finance two Boeing 737-800NG aircraft.
in Air Transport / Business & Finance Emirates reports impressive profitable performance in tough year
Posted 10 May 2012
Emirates Group has today announced its 24th consecutive year of profit and companywide growth amidst unprecedented economic pressure and record high fuel prices.
in Business & Finance / Flight Services & Support Dnata enjoys record performance
Posted 10 May 2012
Airline services company dnata recorded record profits according to the Emirates Group results announced today.
in Air Transport / Business & Finance Air Arabia surprises analysts with profit and passenger growth
Posted 7 May 2012
Air Arabia is continuing to grow with a first quarter result exceeding analysts expectations and posting an 11% increase in profits with a 7% increase in passenger numbers
in Air Transport / General Aviation / Business & Finance Etihad confirms stake in Aer Lingus
Posted 1 May 2012
Etihad Airways today confirmed it has acquired a 2.987% stake in the Irish airline Aer Lingus.
in Air Transport / Business & Finance Jazeera moves into profit, AGM told
Posted 27 April 2012
Jazeera Airways Group has moved into the black, turning round last year's $10 million loss into a $38 million profit the Kuwaiti airline revealed yesterday.
in Business & Finance DAE reports improved annual revenues
Posted 24 April 2012
The restructured Dubai Aerospace Enterprise (DAE) has reported a dramatic increase in its revenues and net income for the past year.
in Air Transport / Technology / Business & Finance / People Global Aerospace Summit looks at evolving global demand
Posted 17 April 2012
The second day of the Global Aerospace Summit in Abu Dhabi saw industry leaders looking at evolving global demand, the supply chain and the region's embryonic space industry.
in Business & Finance / Space Boeing receives antenna contract from Yahsat
Posted 26 March 2012
Boeing has finalised a firm-fixed-price contract with Al Yah Satellite Company (Yahsat), the UAE-based satellite operator, to design and build active electronically-steered phased-array antenna systems for aircraft.
in Business & Finance Airstream to market RAM's B737-500 aircraft
Posted 14 March 2012
Online premium news service flightglobal is reporting that Royal Air Maroc has appointed Airstream International Group on an exclusive basis to remarket three Boeing 737-500 aircraft.
in Business & Finance / Space World Space Risk Forum 2012: Risk of intentional satellite interference 'significant'
Posted 29 February 2012
The World Space Risk Forum 2012 in Dubai has embarked on a series of sessions that address the hot topic of intentional interference of satellites.
in Business & Finance / Space Jean-Yves Le Gall receives achievement award at Dubai's World Space Risk Forum
Posted 29 February 2012
Jean-Yves Le Gall, chairman and chief executive officer of Arianespace has received an Achievement Award by the organisers of Dubai's World Space Risk Forum 2012.
in Business & Finance / Space Dubai's World Space Risk Forum 2012 set to discuss future
Posted 27 February 2012
The World Space Risk Forum 2012, a bi-annual conference that brings together leading professionals in the global space industry, starts tomorrow in Dubai.
in Business & Finance / Events Emirates utilises sport to break in to US market with landmark tennis deal
Posted 21 February 2012
Dubai carrier Emirates is following the successful formula that won it so much awareness in Europe as it attempts to make a major impact into the US air transport scene.
in Business & Finance Blenheim responds to Tranparency International report on Offset
Posted 14 February 2012
Offset finance specialist Blenheim Capital has responded with a call for all parties involved in offsets to work together to help offsets reach their full potential. This follows the release of Transparency
in Business & Finance ALAFCO orders 35 additional A320neos
Posted 14 February 2012
ALAFCO Aviation Lease And Finance Company - the Kuwait-based international aircraft leasing company - has finalised a purchase order for 35 A320neo aircraft bringing its total for the type to 85.
in General Aviation / Business & Finance Iran Aseman Airlines manages to acquire Airbus A340
Posted 13 February 2012
Iran Aseman Airlines has acquired an Airbus A340-300 (MSN 002) indirectly from US lessor GMT Global Republic Aviation, Flightglobal.com has reported.
in Air Transport / Business & Finance Fuel hedging played key role in Etihad profit
Posted 10 February 2012
Etihad has defended its extensive use of fuel hedging as part of its cost control measures that led to the airline yesterday declaring its first profit.
in Air Transport / Business & Finance Etihad announces independently audited profit figures
Posted 9 February 2012
Etihad Airways, the national carrier of the United Arab Emirates, today reported a full year earnings before interest and taxes (EBIT) profit of US$137 million, on revenues up 36.0 per cent to US$4.1 billion (2010: US$2.98 billion).
in Business Aviation / Business & Finance Air Charter service shows 20% growth in latest figures
Posted 6 February 2012
Air Charter Service, has reported an increase in sales figures of more than 20% over the last six months, following on from results from the first half of 2011 which also showed strong growth
in Business & Finance / Airports TAV to sell off 40% with French, US and Qatar investors lining up
Posted 5 February 2012
Reuters has reported that French construction group Vinci and a partnership between U.S. private equity firm Carlyle Group and the Qatar Investment Authority (QIA) are the leading bidders in a race for a near 40 percent
in Air Transport / Business & Finance Etihad takes key stake in Air Seychelles
Posted 25 January 2012
Etihad Airways has continued on its investment trail with a cash injection into Air Seychelles and taking 40% of the capital.
in Air Transport / Business & Finance Bahrain sets up special committee to resolve Gulf Air's future
Posted 25 January 2012
Bahrain's government is to step in to help Gulf Air plan for its future, the chairman of the country's parliament has said.
in Air Transport / Business & Finance Etihad - airberlin deal is given official approval
Posted 24 January 2012
German and Austrian regulatory authorities have given their approval to the deal announced last month in which Etihad Airways increased its shareholding in airberlin to 29.21 per cent.
in Air Transport / Business & Finance Turkish to begin talks with LOT for major shareholding
Posted 23 January 2012
Shares in Turkish Airlines have risen among speculation that the airline may acquire a major shareholding in the Polish national carrier LOT.
in Business & Finance CFM announces record year for its engine sales
Posted 23 January 2012
Engine maker CFM has reported a record year for 2011, logging orders for 1,500 commercial, military and spare CFM56 engines and commitments for 3,056 LEAP engines for a combined value of $51.7 billion at list price.
in Business & Finance / Show News Bahrain 2012: Batelco set to be main sponsor of BIAS 2014
Posted 21 January 2012
Telecommunication company Batelco has signed a memorandum of understanding (MoU) to be the headline sponsor of the next Bahrain Airshow.
in Business & Finance / Show News Bahrain 2012: King Hamed in tune with industry
Posted 20 January 2012
A military band welcomed King Hamed bin Isa Al Khalifa to the royal pavilion at Sakhir Airbase yesterday morning as he officially opened the show.
in Business Aviation / Business & Finance / Show News Bahrain 2012: Aviation Horizons plans to help kill Saudi grey charter market
Posted 20 January 2012
The latest part 135 charter operator in Saudi Arabia Aviation Horizons earned its Aircraft Operator's Certificate (AOC) just a month ago, and already has grand plans to develop the country's executive
in Business & Finance / People / Show News Bahrain 2012: MENA Aerospace anticipates 40% annual growth
Posted 20 January 2012
Ralph Eisenschmid CEO of MENA Aerospace reckons that his company will grow by at least 40% over the next year. We have to, he said, the region as a whole will grow by 15-20%, and we have to stay ahead of the game.
in Business Aviation / Business & Finance / Show News Bahrain 2012: Comlux takes punt on Superjet
Posted 19 January 2012
Comlux Middle East believes the SBJ, the VIP version of the Sukhoi Superjet 100 airliner, will be a winner so much so that president Richard Gaona (pictured) is willing to take an earlier delivery position rather than wait in line for his
in Air Transport / Business & Finance / Show News Bahrain 2012: Middle East debut for Russian Superjet
Posted 19 January 2012
A new shape will be on the BIAS flightline this year as Sukhoi uses the show as the Middle East debut for its Superjet SSJ100 regional airliner.
in Air Transport / Aircraft Interiors / Business & Finance / Show News Bahrain 2012: Bombardier bullish about CSeries
Posted 19 January 2012
Bombardier comes to the show bringing the passenger cabin and cockpit demonstrators of its CSeries twinjet and a trio of executive jets, expressing its confidence in strong market growth in the region.
in Technology / Business & Finance / Maintenance / Flight Services & Support / Show News Bahrain 2012: Saudi approval for SA MENA Avionics
Posted 19 January 2012
SA MENA Avionics, a subsidiary of MENA Aerospace Enterprises has obtained a certificate of approval from the Saudi Arabian General Authority of Civil Aviation paving the way for expansion into the country.
in Business Aviation / Business & Finance / People / Show News Bahrain 2012: VistaJet's vision for Middle East growth
Posted 19 January 2012
The Bombardier Challenger 850 parked on the static park represents part of VistaJet's strategic vision for the Middle East.
in Air Transport / Business & Finance Al Ain's Strata wins new work package for Airbus A350
Posted 15 January 2012
Strata Manufacturing (Strata), Mubadala Aerospace's advanced composite aerostructures plant in Al Ain, has won a work package on the new Airbus A350 XWB; the first Airbus aircraft with both fuselage and wing structures made
in Air Transport / Business & Finance Turkish eyeing stake in European airline
Posted 13 January 2012
Turkish Airlines is believed to be looking to buy a stake in a European carrier and is close to making a decision on where to invest according to Air Transport Intelligence (ATI)
in Business & Finance Etihad Airways seals $367 million spare engine sale deal with Sanad and ELF
Posted 11 January 2012
Etihad Airways has mandated sale and lease back transactions to the value of $367 million to Sanad Aero Solutions (Sanad) and Engine Lease Finance Corporation (ELF), for the financing of its 16 in-service
in Business & Finance Dnata takes over UK's largest privately owned travel agency
Posted 3 January 2012
Dubai's dnata - the world's fourth largest air services provider - has acquired a majority stake in Travel Republic, the largest privately owned online travel agency in the UK.
in Air Transport / Business & Finance Etihad becomes biggest single shareholder in airberlin and benefits from additional connections
Posted 19 December 2011
Etihad Airways has agreed to increase its stake in airberlin, Europe's sixth largest airline, to 29.21%, becoming airberlin's largest single shareholder and at the same time now
in Business & Finance Vanderlande Industries acquires Beewen
Posted 16 December 2011
After working very closely together for many years, baggage handling company Vanderlande Industries and Beewen agreed on a take-over of Beewen by Vanderlande.
in Air Transport / Business & Finance Rolls-Royce moves to new Abu Dhabi office to push regional support
Posted 12 December 2011
Rolls-Royce has opened a new office in Abu Dhabi as a focal point for its growth in the Gulf region. The office, located in the new landmark building developed by Aldar Properties close to Abu Dhabi International
in Business & Finance Etihad outsources revenue accounting process to Kale
Posted 27 November 2011
Etihad Airways said today that it is to outsource the accounting of passenger and cargo revenues to aviation accountancy specialist Kale Consultants. The outsource contract will take effect from the start of the next financial year
in General Aviation / Business & Finance / Maintenance Abu Dhabi Aviation agrees MRO joint venture with Agusta Westland
Posted 19 November 2011
Abu Dhabi Aviation and AgustaWestland have agreed to create a joint venture company in the UAE for helicopter maintenance.
in Air Transport / Business & Finance Dubai 2011: US Airline Spirit signs Airbus MoU
Posted 16 November 2011
American low-cost airline Spirit has signed an MoU with Airbus to buy 73 A320 family airliners, comprising 45 A320neos and 30 standard A320s at a total book value of US$6.7 billion.
in Defence / Business & Finance Dubai 2011: UK building stronger bonds in Gulf
Posted 16 November 2011
The importance of the Gulf region to the UK has been underlined here at the Dubai Airshow, particularly with ongoing Typhoon export campaigns in the UAE, Qatar and Oman.
in Business Aviation / Business & Finance / Flight Services & Support Dubai: 2011: Al Bateen Exec. Airport expands services
Posted 16 November 2011
Al Bateen Executive Airport, the Middle East's first dedicated business aviation airport operated by Abu Dhabi Airports Company, has opened a new crew lounge, which forms part of the DhabiJet FBO brand.
in Business Aviation / Business & Finance Dubai 2011: SimplyFly offers integrated financing
Posted 16 November 2011
Business aviation companies are helping finance aircraft acquisitions as cash becomes tighter in the lending markets.
in Business & Finance Dubai 2011: Tailor-made insurance brings benefits to MEBAA members
Posted 16 November 2011
Business aviation operators and suppliers across the region will be soon be able to take advantage of a preferred insurance scheme offered by Abu Dhabi National Insurance Company (ADNIC).
in Air Transport / Business & Finance / People Dubai 2011: Qatar signs $6.4bn deal with Airbus
Posted 15 November 2011
Following a day of tense and very public brinkmanship, Qatar Airways' CEO Akbar Al Baker and Airbus' COO, customers, John Leahy appeared to be on the verge of falling out.
in Air Transport / Technology / Business & Finance Dubai 2011: ALAFCO goes for P&W power with neo order
Posted 15 November 2011
As expected, Kuwait's Aviation Lease and Finance Company (ALAFCO) has opted for Pratt & Whitney PurePower PW1100G-JM engines to propel yesterday's order for 50 firm Airbus A320neo family aircraft.
