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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.

Air cargo demand up 8.3 percent in November 2023, says IATA

GENEVA, SWITZERLAND - The International Air Transport Association (IATA) released data for November 2023 global air cargo markets indicating the...

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

ADQ taps Etihad for services

The terms of the transaction were not disclosed.
  • As part of the transaction, several of Etihad airline-support businesses will become part of a new ADQ aviation firm
  • The move is expected to support the ongoing transformation of Etihad and the growth of civil aviation in Abu Dhabi

Covid-19 rules shuttering Hong Kong aviation: Qatar Airways chief

Under Hong Kong's rules, if an airline brings in too many infected passengers on a particular route, it is banned...
  • Qatar Airways CEO Akbar Al Baker took issue with a border-control rule that temporarily bans airlines that have brought in infected passengers
  • Last month, British Airways announced it was suspending Hong Kong flights after crew members were required to quarantine following a positive Covid-19 test among the staff

Air cargo demand up 8.3 percent in November 2023, says IATA

GENEVA, SWITZERLAND - The International Air Transport Association (IATA) released data for November 2023 global air cargo markets indicating the...

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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...

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...

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,...

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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.

Airbus Q1 net profit at $514m

The company delivered 127 aircraft in Q1 of 2023.
  • Revenues generated by Airbus' commercial aircraft activities decreased by five percent year-on-year.
  • The company's defense and space unit saw revenues drop by six percent, while the helicopter unit jumped by 26 percent.

Over 3.8m passengers transit through Sharjah Airport in Q1 of 2023

SHARJAH, UAE -  Over 3.8 million passengers traveled through Sharjah Airport in the first quarter of 2023, recording a 28.01...
  • The aircraft movement in Q1 of 2023 rose by 9.02 per cent, with 23,261 flights compared to 21,336 flights during the same period in 2022.
  • There have been continued efforts by Sharjah Airport Authority to increase passenger numbers and aircraft movements.