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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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.

flynas flies over 11m passengers in 2023, up 28 percent from 2022

RIYADH, SAUDI ARABIA – flynas reported record results for its performance in 2023 compared to the previous year 2022, with...
  • The low-cost carrier has taken delivery of 19 new aircraft during 2023, upscaling fleet size to 64, a rise of over 35 percent.
  • flynas launched 57 new destinations and increased seat capacity by 22 percent for domestic and international flights in 2023.

15% increase in air traffic at UAE airports during COP28, says GCAA

ABU DHABI, UAE – Airports in the country witnessed a 15 percent increase in air traffic during the 28th Conference...
  • The first day of COP28 - November 30 2023 - witnessed the highest daily air traffic rate in the history of civil aviation in the UAE with 2,848 flights.
  • The General Civil Aviation Authority organized meets and daily communication sessions to discuss plans, improve air navigation management systems.

Turkish Airlines to buy 355 planes from Airbus

Istanbul, Turkey - Turkish Airlines said on Friday it has decided to order 355 Airbus aircraft over the coming decade as...
  • "It was decided to purchase 355 aircraft from Airbus," Turkish Airlines chief executive Bilal Eksi said in a social media statement
  • The Turkish firm said in a separate corporate filing statement that the purchases would made as part of its "strategic plan" for 2023-2033

Airlines expected to carry 4.7 billion passengers in 2024: IATA

"Some 4.7 billion people are expected to travel in 2024, an historic high that exceeds the pre-pandemic level of 4.5...
  • Some 4.7 billion people are expected to travel in 2024, an historic high that exceeds the pre-pandemic level of 4.5 billion recorded in 2019," IATA said
  • IATA also raised its profit outlook, expecting airlines to post $23.3 billion in net earnings in 2023, more than double the $9.8 billion it forecast in June

Turkish Airlines, Riyadh Air ink MoU

The pact will benefit customers of both the airlines.
  • The establishment of Riyadh Air is in line with PIF’s mandate to unlock the capabilities of key sectors locally to drive the diversification of Saudi Arabia’s economy.
  • The airline will support the Saudi Aviation Strategy's broader vision, and enable the National Tourism Strategy, unlocking Saudi Arabia's cultural and natural attractions.

Eve Air Mobility, flynas ink MoU

The firms will explore starting eVTOL services in Saudi Arabia.
  • The agreement will contribute to Saudi Arabia’s aviation industry by building the ecosystem for electric flights.
  • flynas operates over 1,500 weekly flights to over 70 domestic and international destinations.

Saudi Arabia’s PIF to buy 10 percent stake in London’s Heathrow airport  

Saudi Arabia's sovereign wealth fund is to buy 10 percent of London's Heathrow airport from Spanish infrastructure giant Ferrovial, whose...
  • Heathrow, which is one of the world's busiest airports, is owned by the consortium FGP Topco Limited.
  • Ferrovial bought its stake in Heathrow in 2006 and initially held 56 percent of the hub, before reducing its interest.

Dubai plans bigger airport as passenger traffic continues to increase

"Once we've reached about 120 million (passengers a year), which is what we think our total capacity at DXB (Dubai...
  • Dubai Airports CEO Paul Griffiths said designs were being drawn up for Al Maktoum International Airport, which will be built on the city's outskirts
  • Third-quarter traffic was 22.9 million, the highest since 2019, taking 2023 numbers so far to 64.5 million, nearly 40 percent higher than the same period in 2022.

US$3.2bn worth deals signed on first two days of Dubai Airshow 2023

DUBAI, UAE – Tawazun Council announced the signing of 11 deals, worth US$1.8 billion (AED 6.9 billion), with local and...
  • The biggest contract- worth US$898 million was awarded to a company to procure an air defense system.
  • The second largest local contract, worth US$200 million was signed for aircraft maintenance services.

Turkish Airlines explore options of buying 355 Airbus jets

Istanbul, Turkey - Turkish Airlines, the country's flag carrier, confirmed on Monday that it was in talks with Airbus to buy...
  • The airline said that negotiations are held with Airbus regarding the purchase of a total of 355 aircraft.
  • In September, Turkish Airlines revealed plans to purchase 10 additional Airbus A350-900 aircraft

What is flight turbulence and why does it happen?

Washington, United States - Airplane turbulence, which led to the death of a passenger on a Singapore Airlines flight on Tuesday,...

Latest News

Saudi GACA issues air carrier, airport classifications for December 2023

RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) issued its monthly classification index for air transport service...

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 is...

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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Turkish Airlines grounds Boeing 737 MAX 9 jets amid inspection orders

Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the...
  • The Alaska Airlines scare prompted the US Federal Aviation Administration to order immediate inspections of around 171 of the jets operated worldwide.
  • Boeing has so far delivered about 218 of the 737 MAX planes worldwide, the company said.

flynas flies over 11m passengers in 2023, up 28 percent from 2022

RIYADH, SAUDI ARABIA – flynas reported record results for its performance in 2023 compared to the previous year 2022, with...
  • The low-cost carrier has taken delivery of 19 new aircraft during 2023, upscaling fleet size to 64, a rise of over 35 percent.
  • flynas launched 57 new destinations and increased seat capacity by 22 percent for domestic and international flights in 2023.

15% increase in air traffic at UAE airports during COP28, says GCAA

ABU DHABI, UAE – Airports in the country witnessed a 15 percent increase in air traffic during the 28th Conference...
  • The first day of COP28 - November 30 2023 - witnessed the highest daily air traffic rate in the history of civil aviation in the UAE with 2,848 flights.
  • The General Civil Aviation Authority organized meets and daily communication sessions to discuss plans, improve air navigation management systems.