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Company News, Business, Economy, Aviation

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Saudia raises seat capacity by 10%

Saudia offered over 3.2 million seats for domestic flights through 17,600 flights. (Saudia)
By TRENDS Desk
July 7, 2023 11:36 pm
  • This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.
  • Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

RIYADH, SAUDI ARABIA –  State-owned Saudi Arabian Airlines (SAUDIA) announced that 7.4 million seats would be allocated to domestic and international flights in July and August.

This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.

Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

This would be a 16 percent rise in the number of seats in international flights. The number of international flights would also rise 15 percent to 14,800 flights, the statement said.

The national carrier offered over 3.2 million seats for domestic flights through 17,600 flights. 

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