Emirates airlines recorded a profit, 52 percent high, and has surpassed Lufthansa to become the leader among international airlines. The airline posts its 23rd consecutive year of profit with a performance of US$1.5bn (Dh5.5bn) till March 31. The carrier...
Two UAE based carriers, Etihad and Emirates have announced cuts in air fare, in a bid to ensure summer traffic is not affected. The fall in oil prices is cited as the reason for this initiative. Emirates, the Dubai-based...

Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, reported a fall in its first quarter profit for the year 2011. This is seen to be a result of the rising oil prices,...