INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Gulf Air, Texel Air sign MoU

Texel Air is a Bahraini registered airline and maintenance repair organization. (Pic Texel Air)
  • Texel Air is a Bahraini registered airline and maintenance repair organization (MRO) formed in 2013.
  • It is dedicated to providing third party cargo charter operations to a wide range of customers with diverse requirements.

Bahrain’s national carrier Gulf Air has signed a Memorandum of Understanding (MoU) with Texel Air to explore various cooperation opportunities including charter agreements, engineering and maintenance activities.

Gulf Air, according to media reports, said it was delighted to cooperate with Texel Air, a Bahraini registered airline and maintenance repair organization (MRO) formed in 2013, dedicated to providing third party cargo charter operations to a wide range of customers with diverse requirements.

Texel Air fills a niche market for specialized ad-hoc cargo requirements, provides resourceful solutions while meeting tight deadlines with uncompromising levels of customer service, Gulf Air said in a statement.

Captain Waleed AlAlawi, Gulf Air Acting Chief Executive Officer, said, “We are always looking to discover ways to enhance our commercial partnerships, and to get involved in every related sector of the aviation industry.”