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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

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...

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

Air Arabia named the most punctual airline by Moscow Airport in 2021

Air Arabia has been named as the most punctual airline in 2021 at Moscow Domodedovo Airport in the category of...
  • The Moscow Domodedovo Airport is the largest in Russia with the punctuality competition being held on an annual basis among its partner airlines.
  • The Airport evaluated the performance of numerous worldwide partner airlines, based on punctuality - calculated based on flight frequency.

Iraqi Airways receives its first A220-300 aircraft

A220-300 features a modern and highly comfortable dual-class cabin that seats 132 passengers; 12 in business class and 120 in...
  • A220-300 features a modern and highly comfortable dual-class cabin that seats 132 passengers; 12 in business class and 120 in economy class
  • As of the end of November 2021, over 180 A220s had been delivered to 13 operators, from Asia, North America, Europe, Africa and the Middle East

Leaked memo says rusty Qantas pilots making errors: report

Qantas recognised very early that it needed to reassess pilots' recent and current flight time requirements as well as its...
  • Among the errors listed in Qantas pilot reports: starting take-off with the parking brake on and misreading the altitude as airspeed
  • The memo by Qantas' fleet operations chiefs reportedly said the Covid-19 related disruption to flights meant pilots had less recent flight experience

Emirates declared safest airline globally by Hamburg-based JACDEC

The Hamburg-based Jet Airliner Crash Data Evaluation Centre (JACDEC) has again named Emirates Airline as the world’s safest airline in...
  • With a risk index of 95.05 per cent, Emirates beat its nearest rivals KLM (93.31 per cent), JetBlue (91.61), Delta (91.55) and easyJet (91.28) among the 25 airlines surveyed.
  • In Europe, KLM (93.31) took first place, ahead of Finnair (93.16), Air Europa (93.12), Transavia (92.83), easyJet (91.28) and Norwegian (90.95).

On 40th anniversary, Abu Dhabi Airport vows improved services

Abu Dhabi Airports marked the 40th anniversary of the inauguration of Abu Dhabi International Airport (AUH) on Sunday, local media...
  • The Airport was inaugurated on 2nd January 1982, with Etihad becoming the national carrier and the home airline in 2003.
  • AUH launched the Smart Travel System in 2016, the first of its kind in the region, to ease passenger processing and experience.

US further delays 5G rollout to study impact on aircraft safety

US authorities have asked telecom operators AT&T and Verizon to delay their 5G rollout for up to two weeks. The...
  • The US rollout of the high-speed mobile broadband technology had been set for December 5
  • However, it was delayed to January 5 after Airbus and Boeing raised concerns about potential interference with altitude devices

Etihad signs China deal

The airline will work with the Henan Province Airport Group.
  • The virtual MoU was signed during the virtual Zhengzhou Week event at the China Pavilion at Expo 2020 Dubai
  • It is said to contain plans for Etihad’s potential operation of regular cargo services between Abu Dhabi and Zhengzhou

Omicron hits Christmas weekend travel: Over 6,000 flights scrapped

More than 6,000 flights have been canceled worldwide over the long Christmas weekend and thousands more were delayed, a tracking...
  • Pilots, flight attendants, and other employees have been calling in sick or having to quarantine after exposure to Covid-19
  • A scramble to reroute pilots and planes and reassign employees was underway, but Omicron's surge has upended 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...

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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....

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...

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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.

Emirates Group yearly profit $3bn

The group declared a dividend of $1.2 billion to its owner.
  • The Emirates airline business alone banked $2.9 billion after returning a $1.1 billion loss in the previous financial year.
  • The Middle East's biggest airline had posted a $5.5 billion loss for Covid-ravaged 2020-2021, its first in over three decades.