INSEAD Day 4 - 728x90

plane

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.
  • Paris, France - France's foreign minister has called the CEO of Spanish airline Vueling to demand an "explanation" after dozens of French teenagers, all Jewish, were removed from a flight this week, Paris said on Saturday. During an incident on Wednesday, the Spanish airline said it had asked the adolescents...
  • Air India probe of Boeing 787 fuel control switches finds no issues

    Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787 aircraft found no issues, an internal communication circulated within the airline said. The switches have come under scrutiny following last month's crash of an Air India jet, which killed 260 people,...
  • UAE evacuates 176 people, including media professionals, from Sudan

    ABU DHABI, UAE  - The UAE has evacuated 176 people from seven countries, including media professionals, from Sudan on Saturday and brought them here by plane, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) said. The UAE continues the process of prioritizing the evacuation of the most vulnerable groups,...
  • Flight carrying humanitarian aid from Red Cross lands in Sudan

    KHARTOUM, SUDAN -  A first Red Cross plane laden with humanitarian aid on Sunday landed in Sudan, where deadly clashes between rival generals' forces have entered their third week. "The eight tonnes of humanitarian cargo includes surgical material to support Sudanese hospitals and volunteers from the Sudan Red Crescent Society," the...
  • Ship carrying civilians evacuated from Sudan arrives in Saudi Arabia

    A boat carrying Saudi citizens and other nationals rescued from battle-scarred Sudan arrived in Jeddah, Saudi state television said, in the first announced evacuation of civilians since fighting began. "The first evacuation vessel from Sudan has arrived, carrying 50 (Saudi) citizens and a number of nationals from friendly countries," the...
  • Saudi plane hit by gunfire in Sudan unrest, says airline

    A passenger plane preparing to take off from Sudan for Saudi Arabia came under fire as deadly fighting rocked Khartoum, the kingdom's flag carrier said. The Airbus A330 bound for Saudi Arabia "was exposed to gunfire damage... with guests and crew on board" ahead of its scheduled departure to Riyadh,...
  • US unveils high-tech B-21 stealth bomber

    PALMDALE, UNITED STATES - The United States on Friday unveiled the B-21 Raider, a high-tech stealth bomber that can carry nuclear and conventional weapons and is designed to be able to fly without a crew on board. The slickly choreographed ceremony at B-21 manufacturer Northrop Grumman's facility in Palmdale, California...
  • Tanzanian aircraft with 49 people on board plunges into a lake

    Dar es Salaam, Tanzania— A domestic passenger plane plunged into Lake Victoria in Tanzania early on Sunday due to bad weather shortly before landing in the northwestern city of Bukoba, police said, adding that rescue efforts were under way. "There was an accident involving a Precision Air plane which... crashed into...
  • Iraqi boy evades security, boards Iran-bound plane

    Iraqi aviation authorities have been left red-faced after a 10-year-old boy on his own boarded an Iran-bound plane from a busy airport in a Shiite shrine city after several security checks.
  • Rockets target Baghdad airport, state-owned airways’ plane damaged

    Six rockets were fired Friday at the Iraqi capital's airport, causing damage but no casualties, security sources said, the latest in a string of attacks the US blames on Iran-linked militias. The rockets hit Baghdad International Airport's runways or parking areas, a source at the interior ministry said, noting that...
  • Iran says begins paying families over downed Ukraine jet

    Iran has begun paying compensation to families of those killed when it shot down a Ukrainian airliner two years ago, authorities said on Friday. "The transport ministry has made transfers to a certain number of (victims') families," the foreign ministry said in a statement marking the anniversary of the tragedy....
  • 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 rollout had already been postponed earlier amid uncertainty about interference with vital flight-safety equipment.
  • Airbus takes off with big order of 255 aircraft on first day of Dubai Airshow

    Airbus came out strongly at the Dubai Airshow on Sunday with a group order for 255 single-aisle A321 aircraft, marking the first major deal of its kind since the pandemic began. The European plane-maker's announcement came shortly after its American rival Boeing said it would fulfill an order to convert...
  • Confusion over Ukraine jet ‘hijacking’ in Kabul

    Ukraine’s deputy foreign minister Yevgeny Yenin told the independent Hromadske radio station that a Ukrainian plane had been "hijacked" in Kabul and flown to Iran "with a group of unknown passengers on board, instead of evacuating Ukrainians." But his comments were then denied by the foreign ministry.