Dubai's flagship carrier Emirates Airline has authorized banks to arrange a dollar-denominated Sukuk sale this year. This would be the airline’s second bond sale in 2013. A statement by the airline, issued to the Gulf News, reads that “Emirates has...
Qatar Airways has decided to file a USD 600 million legal claim against German Emirati joint venture construction company Lindner Depa Interiors (LDI) for causing a delay to the opening of New Doha International Airport. Qatar Airways is the...
Dubai International Airport is witnessing a steep rise in passenger traffic with an increase of 7.8 per cent recorded during the first 11 months of 2011. The airport showed no slowdown in its passenger volume since October last year,...
The recent slump in international oil prices has rejuvenated many financial sectors in various parts of the world and aviation industry is one of them. The International Air Transport Association (IATA) announced on Wednesday an outlook for improved industry profitability...
Rolls-Royce has won its largest ever order, worth $9.2bn, to provide Trent 900 engines and TotalCare service support to Emirates. The engines will be used to power 50 Airbus A380s ordered at the Dubai Air Show in 2013, which will...
Dubai Duty Free is expecting to double its sales to more than Dh10 billion ($2.72 bn) by 2018, compared to last year's 15 percent rise. Colm McLoughlin, Executive Vice President of Dubai Duty Free, has said this year's sales...
Dubai International started the New Year with record monthly traffic, exceeding 6.4 million passengers in January. Dubai Airport passenger traffic up 15.1 percent compared to the same month in 2013. According to the traffic report issued by operator Dubai Airports today,...
Qatar Airways, one of the Middle East's top and world's fastest growing airlines, has opened up a competition - 'Tweet-a-Meet' - for Twitter users. 'Tweet-a-Meet' enables a team of two persons to turn their virtual connections into real ones by...
Gone are the days when criticism of US interventionist policies was exclusive to rogue states like Iran, Syria and North Korea or terrorist organisations like Al Qaeda. Europe's Airbus has accused the White House of sabotaging an open competition...
With the continuing disruption due to the volcanic ashes, Qantas airlines has cut back its growth forecasts. The Australian carrier had to cancel all flights in and out of Perth as ash from Puyehue-Cordon Caulle volcano in Chile spread...
All news, tweets, photos and videos on Dubai Airshow. We will be compiling all the top tweets, news, photos and videos during the airshow.
Abu Dhabi's flagship carrier announced on Tuesday it has acquired a 4% stake in Virgin Australia Holdings in a stock market transaction, strengthening its stake in the Australian airline. Etihad said in a statement the stake was bought through market...
Etihad Airways has expressed its is interested in buying Ryanair’s 30% stake in Aer Lingus, reports coming from Abu Dhabi said on Thursday. The airline’s CEO James Hogan told Bloomberg he would be “very happy to have that discussion” while...
Travelport, the business services provider to the global travel industry, and RAK Airways, one of the flag carriers of the United Arab Emirates, have today jointly announced their first ever GDS participation agreement. Under the new deal, Galileo and...
Book your big city shopping break this winter with British Airways The UK carrier is offering customers advice on how to make the most of their next visit to some of the biggest fashion hotspots in the world including...
Kinshasa joins flydubai’s growing network in Africa Dubai-based carrier to start operating daily flights to the Congolese capital from 15 April with an enroute stop in Entebbe Carrier grows network in Africa to 13 destinations in 10 countries Dubai-based flydubai has announced...
Are we ready for commercial drone aircraft flying missions at home or to other countries? A billion+ people on Earth live in areas with limited road access, and without access to an airport, or seaport. A network of commercial drones could...
A German newspaper reported Air France-KLM is considering a partnership with UAE's national flag carrier Etihad that also includes a tie up with Air Berlin. Etihad recently acquired a 30% stake in Germany's second biggest carrier which is struggling to make profits. "A...
Abu Dhabi's new upcoming iconic Midfield Terminal is on track to make a mark on the regional and international air transport map Abu Dhabi Airports announced that it has so far spent AED 12.5 billion or 66 percent of the...
Qatar Airways CEO Akbar Al-Baker claimed in a controversial statement that only "two dominant carriers" have a future in the Middle East. The Qatari executive made his prediction at this week's Arabian Travel Market event in Dubai. “I still confirm that...
Airline breaks ground with the construction of mobility inspired pavilionRich visitor experience planned around future of air travel Emirates, Premier Partner and the Official Airline of Expo 2020 Dubai, today unveiled the design and...
Saudi Arabia will allow new carriers to operate from September, the kingdom's aviation authority said on Wednesday. The statement added that airlines will be granted licenses to operate both local and international flights. Khalid al-Khaibary, the spokesman for General Authority...
Bahraini government has warned parliament's rejection of a 664.3 million Bahraini dinar ($1.74 billion) payment to Gulf Air could ground the national carrier for good. Finance Minister Sheikh Ahmad Bin Mohammad Al Khalifa and Transportation Minister Kamal Ahmad urged leading...
Strong Performance Sustains Profitability 1.8% Net Margin -- Despite Weak Economies and High Oil Prices The International Air Transport Association (IATA) upgraded its global outlook for the airline industry to USD 12.7 billion profit in 2013 on USD 711 billion in...
Abu Dhabi Airports Company (ADAC) published the 2012 performance report for Abu Dhabi International Airport, which reflects a significant growth of 18.9% in passenger traffic compared to 2011. During 2012 Abu Dhabi International Airport welcomed a record 14,700,420 passengers. Gateway...
UAE-based Emirates Airline enters into a five year shirt sponsorship deal with Real Madrid, a top Spanish football club, until the end of the 2017/2018 season. The deal is believed to be worth around USD 160 million. Sheikh Ahmed bin...
Emirates has introduced Home Check-in, a new service which allows customers to check in for their flights from anywhere in Dubai. The service is available for customers across all classes travelling on Emirates flights. The new service enables Emirates passengers...
The Dubai Airshow 2017 is expected to be its biggest edition yet when it opens its doors at DWC, Dubai Airshow Site on Sunday. The Airshow, which was launched in 1986, represents one of the largest and most important aerospace...
Rapidly expanding UAE flag carrier Etihad Airways says it has struck a deal with Air France-KLM to market some of each other's flights as the first stage of a larger strategic alliance. Alongside the deal announced Monday, Etihad says the...
Dubai Airshow sets global order record, with total orders reaching over $162bn within 3 hours of opening Dubai World Central - Next generation aerospace hub delivers multi-billion dollar Dubai Airshow – the world’s fastest growing aerospace exhibition – which opened yesterday for...