INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Iraqi Airways receives its first A220-300 aircraft

Upon entry into service, Iraqi Airways will become one of the first airlines to operate the A220 in the Middle East region. AFP
  • 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

Iraqi Airways, the national carrier of Iraq, has taken delivery of its first out of five A220-300 aircraft from Mirabel, Canada. Upon entry into service, Iraqi Airways will become one of the first airlines to operate the A220 in the Middle East region.

A220-300 features a modern and highly comfortable dual-class cabin that seats 132 passengers; 12 in business class and 120 in economy class. The aircraft will play an integral part of Iraqi Airways fleet renewal and modernization plan.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. 

Featuring a 50 percent reduced noise footprint and up to 25 percent lower fuel burn per seat compared to previous generation aircraft, as well as around 50 percent lower NOx emissions than industry standards, the A220 is a great aircraft for regional as well as long distance routes operations.

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 – proving the great versatility of Airbus’ new generation single-aisle family member.