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Air France-KLM posts profit
The airline reported record revenue of US$32.49bn in 2023.
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flydubai net profit $572m
This is the carrier's strongest-ever performance. -
Vietjet to buy 20 A330-900 planes
The company signed MoU with Airbus for the widebody aircraft. -
Air Arabia 2023 net profit $408m
The firm recorded a 27 percent rise in profit compared to 2022. -
Ghitha Holding buys stake in MNG Airlines
The acquisition of 44% stake is valued at US$211.20 million. -
United forecasts first quarter loss
The company beat analysts' expectation for the fourth quarter. -
UAE’s budget carrier Air Arabia to launch daily flights to Kabul
Last month flydubai, another low-cost Emirati airline, became the first international carrier to resume flights to Afghanistan since the chaotic withdrawal of US forces in 2021. Apart from flydubai, Afghanistan's Kam Air and Ariana Afghan Airlines currently operate limited services from Kabul to destinations including Dubai, Moscow, Islamabad and Istanbul. -
Lufthansa orders planes for $9 bn
The airline ordered 40 planes each from Boeing and Airbus. -
Turkish Airlines to buy 355 planes from Airbus
Istanbul, Turkey - Turkish Airlines said on Friday it has decided to order 355 Airbus aircraft over the coming decade as it seeks to become the world's largest carrier. "It was decided to purchase 355 aircraft from Airbus," Turkish Airlines chief executive Bilal Eksi said in a social media statement. "I... -
Eve Air Mobility, flynas ink MoU
The firms will explore starting eVTOL services in Saudi Arabia. -
United Airlines Q3 profit up
The airlines' net income stood at US$1.1bn, up 20.7 percent. -
Ryanair inks pact with Joramco
The airline is likely to carry 300m passengers a year by 2034. -
Air Arabia Q2 profit $125m
The company’s turnover during the second quarter was $380m. -
Turkish Airlines ponders buying 600 planes in two months
ISTANBUL, TURKEY - The chairman of Turkish Airlines said Monday that the company will make a final decision on plans for a record-breaking order of 600 aircraft in two months. The airline is in talks with US aircraft maker Boeing and its European rival Airbus to purchase 400 single-aisle planes along... -
Gulf Air, Emirates sign deal
The two airlines announced the start of a codeshare agreement. -
easyJet H1 loss $382m
Aviation sector is flying high after a tumultuous period -
Emirates Group yearly profit $3bn
The group declared a dividend of $1.2 billion to its owner. -
Ryanair orders 300 Boeing jets
The $40bn order is the largest ever by an Irish firm for US goods. -
Saudi plane hit by gunfire in Sudan unrest, says airline
A passenger plane preparing to take off from Sudan for Saudi Arabia came under fire as deadly fighting rocked Khartoum, the kingdom's flag carrier said. The Airbus A330 bound for Saudi Arabia "was exposed to gunfire damage... with guests and crew on board" ahead of its scheduled departure to Riyadh,... -
Lufthansa returns to profit
The airline reported $839m in profit in 2022. -
Emirates and Air Canada sign MoU to boost cargo services
Dubai, UAE-- Emirates SkyCargo and Air Canada Cargo have inked a Memorandum of Understanding (MoU) to provide additional benefits to its global air cargo clients. The MoU was signed at Emirates Headquarters in Dubai, UAE, by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo, and Matthieu Casey, Managing Director Commercial,... -
Aircraft with 72 passengers on board crashes in Nepal
The airline spokesperson said that 68 passengers were on board along with four crew members and that rescue is underway. The plane crashed between the old and new Pokhara airports in central Nepal. The wreckage was on fire and rescue workers were trying to put out the blaze, according to... -
AirAsia branch in Cambodia soon
Venture would start with two aircraft and expand to 15. -
Jazeera Airways expands to Tajikistan
A direct flight from Kuwait to Dushanbe will be operated. -
SAS reports deeper losses
The airline's net losses amounted to more than $117 million. -
Lufthansa to hire 20,000 employees
Lufthansa had 108,000 employees at the end of September. -
Air Arabia Q3 net profit $113m
The profit rose by 99 percent compared to Q3 2021. -
Emirates H1 profit at US$1.1bn
Revenues in H1 of 2022-2023 surged 131% to $13.7 billion. -
Flydubai scales up flights
It will run new flights to Europe and Asia in 2023. -
Wizz to set up fleet in KSA
It aims to set up a fleet of 50 aircraft in the kingdom. -
Lufthansa back in private hands
The German government sold its last shares in the company. -
Lufthansa pilots to strike again, escalating wage dispute
A week after the airline was forced to cancel all flights due to a pilots’ walk-out on Friday, affecting 130,000 passengers, Lufthansa pilots will strike again this week, escalating a wage dispute. Cockpit, the pilot union, said the airline has not yet approached them and not put forward a new... -
Air Arabia H1 profit $122.8m
More than 2.7 million passengers flew with Air Arabia from Mar-June. -
Lufthansa posts $263m profit
In 2020 a government bailout saved airline from bankruptcy. -
Airbus cancels A350 aircraft contract with Qatar Airways
European aircraft maker Airbus has cancelled its contract to deliver 19 A350 planes to Qatar Airways, a source close to the matter said Wednesday, amid a feud between the two aviation giants. Airbus had already cancelled a multi-billion-dollar order of 50 planes from Qatar Airways, a major customer, earlier in... -
EasyJet cuts losses
The airline had taken a sizeable financial hit from disruptions. -
Lufthansa expects best quarter results
The airline expects to book an operating profit of "between $352m and $403m. -
US price increases held steady, consumer spending growth down: Report
The world's largest economy has been battered for months by a cresting inflation wave, made more painful by the surge in energy prices sparked after Russia's invasion of Ukraine. -
Cut airline emissions to meet Paris targets: report
The world needs "early, aggressive and sustained" government intervention to cut aviation emissions if Paris Agreement temperature goals are to be met, a think tank said Thursday. The 2015 Paris climate treaty enjoins nations to cap global warming at "well below" two degrees Celsius, and 1.5C if possible. -
Qatar Airways, Airbus look to settle billion dollar paintwork battle out of court
Qatar Airways and Airbus both said they wanted to settle a bitter billion dollar dispute out of court after the latest hearing Thursday in which each side claimed victory. The airline and leading plane maker have been fighting in the British courts for months over peeling paint on 23 A350... -
Saudi announces weekly international flights to NEOM megacity
Saudi Arabia's main airline will next month start operating weekly international flights from the kingdom's planned futuristic megacity known as NEOM, with Dubai as the first destination, state media reported Monday. The weekly NEOM-Dubai flights operated by flag carrier Saudia will begin "by the end of June 2022, with plans... -
Air Arabia Q1 profit at $79.24m
The profits were up 756% compared to $9.26 million in 2021. -
Eid holidays boost Gulf tourism as COVID curbs ease
From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially after two years of the Covid-19 pandemic. -
EU passengers can claim compensation for delays even outside Europe
EU travelers who book flights through a European airline can claim compensation in the event of a major delay of the connecting flight -- even outside Europe, a court ruled on Thursday. In its judgement, the European Court of Justice said that the entirety of a journey that was subject... -
GCC airfares soar as oil prices rise
The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry. -
Qatar signs air services agreement with Jordan
The agreement is said to have been formally signed in Qatar’s capital city Doha. -
Airlines want end to Covid restrictions for EU flights
Most countries in the EU are beginning to relax requirements to present proof of vaccination and wear masks. -
Qatar Airways and Airbus dispute over A350 safety grows bitter
Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of the A350 as it announced that another plane has been grounded with peeling paintwork. -
Air Arabia profits up 476%
Its profit stood at AED720 million ($196.05 million) in 2021. -
Qatar Airways counters Airbus order cancellation with A350 video
The move came within mere hours of Airbus cancelling an order of 50 of its A321neo aircraft, which it was to deliver to the Gulf-based airline. -
AT&T, Verizon roll out 5G in US without huge impact on flights
On Tuesday, both AT&T and Verizon agreed to scale back the launch of 5G near airports following an outcry from US airlines, who warned of mass disruptions. The White House, which has negotiated with both the aviation and telecommunications industries, praised the move.