INSEAD Day 4 - 728x90

Aviation

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Saudi Arabia elected as Head of ICAO’s Regional Aviation Safety Group for Middle East

The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022.
  • The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022
  • The RASG-MID aims to develop an integrated data-driven strategy and implement a work program that supports a regional safety management performance framework

Air Arabia profits up 476%

Its profit stood at AED720 million ($196.05 million) in 2021.
  • The Sharjah-based carrier said its profit stood at AED720 million ($196.05 million) over the previous year
  • This was compared to a net loss of AED192 million ($52.28 million) registered for the full year 2020

Qatar emir meets Biden in shadow of Ukraine tensions

The move underscores the Qatar’s strategic importance, including in a scramble to shield European allies from potential Russian energy cutoffs.
  • US President Joe Biden recognized Qatar's place in the US military's global footprint: It hosts Pentagon's Central Command and a huge airbase
  • Biden also announced he was designating Qatar a “major non-NATO ally,” which opens the door to closer military and commercial ties

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

Boeing faces heat over quality control after Alaska Airlines fiasco

The Alaska Airlines episode represents the most serious operational problem for Boeing since two crashes on 737 MAX 8 planes...

Company News

Latest News

Agility posts Q2 earnings of $46m

Net profit was affected by higher interest rate.

Air Arabia Q2 profit $125m

The company’s turnover during the second quarter was $380m.

Saudia raises seat capacity by 10%

The number of domestic, international flights will rise.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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),...
  • The project is the result of an 18-month partnership between NEOM, the General Civil Aviation Authority (GCAA), and Volocopter.
  • The flight trials mark the first ever testing of an electric and zero-emission urban air mobility (UAM) system in Kingdom's futuristic city.

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....
  • Airbus boss Guillaume Faury said the signing was "an enormous milestone, to our knowledge and recollection no-one has ever ordered" so many planes at a stroke.
  • With an order book now at over 1,300 aircraft, the contract also makes IndiGo Airbus' largest customer for the A320 family.

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...
  • The airline is in talks with US aircraft maker Boeing and its European rival Airbus to purchase 400 single-aisle planes along with 200 jumbo jets.
  • If the purchases involves firm orders, it would be the biggest in the history of civil aviation, beating the 470-plane order by Air India in February.