Qatar Airways posts record profit for FY21/22
Qatar Airways Group reported a record net profit of QAR 5.6 billion (US$ 1.54 billion) during the fiscal year 2021/22. Overall revenue increased to QAR 52.3 billion (US$ 14.4 billion), up 78 per cent ...
Qatar Airways Group reported a record net profit of QAR 5.6 billion (US$ 1.54 billion) during the fiscal year 2021/22. Overall revenue increased to QAR 52.3 billion (US$ 14.4 billion), up 78 per cent ...
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has entered into a memorandum of understanding (MOU) with B Medical Systems. The MOU will see Etihad Cargo partner with B Medical Sy...
In April 2022, a subsidiary of Eve Holding and Falcon Aviation Services, a business aviation services operator in the Middle East and Africa region, signed a Letter of Intent (LoI) for up to 35 electr...
Emirates and Airlink have officially activated their codeshare partnership. The Emirates and Airlink partnership makes it easier for customers to create a single booking reference across eight domesti...
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has appointed Caroline Pappas as General Manager – Americas. Based in Chicago, Pappas will report directly to Etihad Cargo's Directo...
Sirius Aviation Capital (Sirius), a global aircraft asset manager head quartered in Abu Dhabi Global Market (ADGM), has acquired a portfolio of five single-aisle, mid-life aircraft increasing total ai...
A UK judge has ruled that the dispute between Qatar Airways and Airbus over the paint work on the A350 aircraft will move to trial – set for summer 2021. Qatar Airways is seeking $1bn in compensation ...
Standard Chartered and Dubai-based carrier, flydubai, have successfully signed a sale-leaseback (SLB) agreement for five Boeing 737 MAX 8 aircraft. Four aircraft were delivered between March and May 2...
Reuters is reporting that Kuwait-headquartered aircraft leasing firm Alafco is exploring a sale and has held talks with private equity firms and other aircraft lessors. Alafco has a fleet of 77 Airbus...
NEOM, the sustainable regional development in northwest Saudi Arabia, and SAUDIA, the Kingdom of Saudi Arabia’s national flag carrier, have created a strategic partnership to begin offering weekly ser...
EgyptAir has signed a contract with Aeronautical Engineers, Inc. (AEI) for an AEI B737-800SF freighter conversion. The aircraft (MSN: 35560) is scheduled to commence modification in October 2022. Touc...
Saudi Arabia’s flynas has secured a $225 million (844 million riyal) Murabaha corporate financing facility out of a total funding package of $599.86 million (2.25 billion riyal) to boost further growt...
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