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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

India finds apparent wreckage from 2016 military plane crash

New Delhi, India - India said on Friday it had likely found wreckage from an Indian Air Force transport plane that...

Boeing sells 34 cargo planes to Qatar Airways

This deal with Qatar Airways should boost Boeing and its latest widebody plane the 777X.
  • Qatar Airways also has purchase rights for another 16 777X cargo planes
  • It also signed a letter of intent to buy 25 737 MAX planes worth $6.7 billion

dnata of Dubai to invest $233m in Amsterdam Airport

dnata, the global air and travel services provider, will invest more than $223.22 million in a fully automated cargo center...
  • dnata Cargo City Amsterdam will significantly enhance cargo capacity in The Netherlands and create new, direct jobs with dnata
  • It will enable dnata and its customers to substantially expand operations and business, stimulating local economy and trade

SACC picks board heads

It has also formed several panels that will function for three years.
  • The SACC has said Mohammed Abdulaziz ‎Al Sarhan, an independent member, has been appointed chairman ‎of the Board of Directors‎
  • It also announced the appointment of Raed Ibraheem Al Mudaiheem, another independent member, as the Vice-‎Chairman of the board‎

5G fears: US airports land into trouble

In the United States, the 5G usage near airports have been opposed by many airlines, which claim that it may...
  • Canada adopts C-band technology, same as the US, but typically restricts hazardous signals near airports.
  • Several Arab countries have already embraced 5G, and others will follow once they reap the financial benefits of selling licenses to telecom companies.

Green hydrogen planes will only limit CO2 emissions: Study

If all aircraft started using green hydrogen on eligible routes, it would 'reduce aviation's carbon emissions by 31 percent in...
  • The aviation industry hopes that hydrogen planes can be use for decarbonisation
  • Airbus has targeted 2035 to bring hydrogen passenger aircraft to the market

Boeing makes $450m air-taxi bet

The investment is in Wisk, which looks to make autonomous air taxis.
  • Boeing has added $450 million to a venture that aims to commercialize autonomous electric air taxis
  • Wisk envisions some 14 million annual flights serving more than 40 million people in five years

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...
  • The order was estimated to be worth $6 billion based on Airbus’ catalog price
  • However, but airlines are known to get better deals from plane-makers

Airbus cancels Qatar Airways plane order as feud deepens

The order was worth $6 billion at catalogue prices, though airlines are usually charged less for large purchases.
  • Airbus has cancelled an order of 50 A321neo planes from Qatar Airways, one of its major customers
  • This is in response to the airline grounding several of its A350 aircraft due to an issue with fuselage surfaces

No suspension of flights, says Iraq’s civil aviation authority

"There is no suspension of flights in accordance with the instructions and directives", an official confirmed.
  • The Supreme Committee for National Health and Safety issued several decisions, including instructing departing and arriving travelers
  • The Aviation Authority will notify the companies of presenting the international vaccination card for departures and arrivals with a (PCR) examination (72) hours before the flight

RAK International Airport is ops base for ActionFlight

The overall deal is expected to help support Ras Al Khaimah’s strategic plans to expand its travel and tourism landscape.
  • The collaboration is expected to see RKT become a hub for aerial experiences such as aerobatic flights, skydiving, and hot-air ballooning
  • The agreement also means the airport will act as a base for Vertical, ActionFlight’s advanced pilot training program

India finds apparent wreckage from 2016 military plane crash

New Delhi, India - India said on Friday it had likely found wreckage from an Indian Air Force transport plane that...

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Airlines face trouble in Europe over greenwashing charges

PARIS, FRANCE - European airlines have been hit by a consumer complaint filed with the EU's executive arm accusing the 17...

NEOM and Volocopter conduct successful flight trials of air taxis

Riyadh, Saudi Arabia -- NEOM and Volocopter have announced a series of successful flight trials of electric vertical vehicles (eVTOL),...

India’s IndiGo places record order for 500 Airbus A320

Indian carrier IndiGo said it had ordered a 500 A320 airliners from European manufacturer Airbus at the Paris Air Show....

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Airlines to fly 4.35bn passengers this year, says industry group

ISTANBUL, TURKEY -  Airlines will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back...
  • The sector will also be back in the green, with net profits forecast to reach $9.8 billion in 2023.
  • The association said that its 2022 losses were half as bad as previously estimated at US$3.6 billion.

Qatar Airways boss skeptical on aviation industry’s 2050 net zero target

DOHA, QATAR -  Qatar Airways' chief executive on Tuesday doused hopes that the aviation industry can become carbon neutral by 2050,...
  • Not enough sustainable aviation fuel is being produced, and technological hurdles remain to using hydrogen as a replacement.
  • In 2021, the International Air Transport Association's member airlines committed to achieving net zero carbon emissions by 2050.

easyJet H1 loss $382m

Aviation sector is flying high after a tumultuous period
  • The carrier added that revenues soared 80 percent to £2.7 billion ($3.36bn) on higher ticket prices and increased capacity.
  • Costs, however, leapt 52 percent to £3.1 billion ($3.85bn) on a "significantly" increased jet fuel bill and "industry-wide" inflationary pressures.