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Company News, Business, Economy, Aviation

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Saudia raises seat capacity by 10%

Saudia offered over 3.2 million seats for domestic flights through 17,600 flights. (Saudia)
By TRENDS Desk
July 7, 2023 11:36 pm
  • This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.
  • Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

RIYADH, SAUDI ARABIA –  State-owned Saudi Arabian Airlines (SAUDIA) announced that 7.4 million seats would be allocated to domestic and international flights in July and August.

This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.

Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

This would be a 16 percent rise in the number of seats in international flights. The number of international flights would also rise 15 percent to 14,800 flights, the statement said.

The national carrier offered over 3.2 million seats for domestic flights through 17,600 flights. 

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