Passenger traffic could exceed earlier figures, says Dubai Airports’ CEO
DUBAI, UAE – The airport here has "every chance" of breaking its record for passenger traffic this year after surpassing pre-pandemic...
Business
Emirates to recruit 5,000 crew members in 2024
DUBAI, UAE – Emirates will hire 5,000 people as it awaits the arrival of its fleet of Airbus A350s. The airline...
Business
Business
Qatar Airways orders 25 aircraft
The airline ordered 25 Boeing MAX 10 jets worth $3.3bn.
- Boeing has triumphed over its European rival Airbus in the traditional Farnborough battle for orders this year.
- European rival Airbus cancelled a multi-billion-dollar order of 50 single-aisle A321neo jets from Qatar Airways.
Business
American Airlines registers Q2 profit
Profits were $476 million compared with just $19 million in the year-ago period.
- US carrier said its first profitable quarter, since the start of the pandemic, was due to operations
- American Airlines expects revenues of 10-12% above the 2019 level in the third quarter of 2022
Business
easyJet orders 56 aircraft
The order for single-aisle aircraft is worth $6.2 billion.
- The new jets will over time replace part of easyJet's A319 fleet, whose average age is about 15 years.
- London based easyJet operates more than 300 A320s, making it single biggest operator of the plane.
Business
Boeing wins $8 bn contract
The US planemaker will manufacture 66 MAX aircraft.
- The deal comprises a firm order for 30 medium-haul single-aisle 737 MAX-8-200s plus options to purchase up to 36 more from the same family.
- The MAX jet suffered two deadly crashes in 2018 and 2019, but is experiencing a rush of interest at this year's Farnborough, southwest of London.
Business
Farnborough show raises Boeing hopes
Boeing plans to show off several planes including the MAX 10.
- The MAX 10 offers Boeing the opportunity to show off the latest version of the aircraft and seek to recover from the deadly and costly crashes of an earlier model.
- The crashes in October 2018 and March 2019 led to the aircraft being grounded for 20 months. Airlines cancelled hundreds of orders and demanded compensation.
Business
Lufthansa expects best quarter results
The airline expects to book an operating profit of "between $352m and $403m.
- In May, Lufthansa said it was "on track" over the year, despite the personnel shortage and the rising price of fuel.
- Lufthansa's revenues in the second quarter had "more than doubled" to 8.5 billion euros in the space of 12 months.
Business
Middle East airlines’ traffic rises more than 300 percent in May 2022: IATA
The International Air Transport Association (IATA) said the Middle Eastern airlines’ traffic rose 317.2 percent in May compared to May...
- IATA announced passenger data for May 2022 showing that the May capacity rose 115.7 percent.
- Global traffic is now at 68.7 percent of pre-crisis levels as it rose 325.8 percent versus May 2021.
Business
Summer break, Eid push up Saudi air ticket prices
The kingdom, which has 15 domestic airports, is witnessing a significant increase in the prices of domestic flights, ranging between...
- Saudi Arabia's domestic airports are witnessing active travel due to the summer break and Eid al-Adha
- There has been an increase in the prices of domestic flights tickets, ranging between 32% to 314%
Business
Turkish Airlines flights at pre-pandemic conditions
Turkish Airlines has announced that flights to Saudi Arabia have resumed to pre-pandemic conditions and Saudi citizens will now be...
- Turkish Airlines announces that flights to Saudi Arabia have resumed to pre-pandemic levels
- The airlines said that from June 20, 2022 the restrictions set by Türkiye due to COVID-19 has been lifted
Business
Etihad Air expected to fly 2.7m passengers over summer months: CEO
Etihad Airways and Abu Dhabi International Airport are preparing to welcome 2.7 million network passengers over the summer months, following...
- Over 1.4 million passengers will depart from Abu Dhabi International Airport, including 330,000 local joiners.
- Guests would check in online, use the Verified to Fly service to submit any Covid-related documents for approval.
Passenger traffic could exceed earlier figures, says Dubai Airports’ CEO
DUBAI, UAE – The airport here has "every chance" of breaking its record for passenger traffic this year after surpassing pre-pandemic...
Business
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UAE, South Korea ink MoU to enhance air transport relations
ABU DHABI, UAE - The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA), has signed a Memorandum...
Geostrategy
Red Sea Global launches Saudi’s first seaplane company
TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations -...
Business
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Geostrategy
Saudi Arabia to enhance air connectivity to over 250 destinations by 2030
RIO DE JANEIRO, BRAZIL - A delegation led by President of the General Authority of Civil Aviation (GACA) Abdulaziz bin...
- The Kingdom plans on carrying 330 million passengers annually and raising freight capacity to 4.5 million tons by 2030.
- Saudi Arabia and the Dominican Republic also signed agreements on air transport services between the two countries.
Business
Air France-KLM to buy stake in SAS
Air France-KLM will buy 19.9% shares of SAS.
- The group, along with the Danish state, will invest $1.175 billion in the airline, with Air France-KLM investing $144.5 million to buy the 19.9 percent holding.
- SAS filed for Chapter 11 bankruptcy protection in the US, an option available because of its operations there, in July 2022 as it reeled from Covid travel bans.
Geostrategy
Libya resumes flights to Italy after nearly 10 years of EU ban
Tripoli, Libya - A Rome-bound aircraft departed on Saturday from Libya's capital, restarting flights to Italy after a nearly decade-long suspension...
- The European Union in 2014 halted flights operated by Libyan airlines and banned them from entering member states' airspace
- Restarting flights is "part of intensive government efforts to lift the European ban on Libyan civil aviation", said Libya's UN-recognized government