In an interview with Troy Lambeth, chief executive of Sanad Aero Solutions (Sanad), Mubadala’s spare engine and component leasing and financing company, stated that the company expects to increase its...
The National Bank of Abu Dhabi (NBAD) and Boeing have extended an agreement to develop aircraft financing and leasing opportunities in the Middle East market together over the past three years. The no...
flydubai achieved a 19.1% increase in revenues to AED 4.4 billion ($1.2 billion), with profits up by 12.3% to AED 250 million ($68 million) and a capacity increase (ASKM) of 9.3%. EBITDAR growth is in...
The very public spat between Middle Eastern carriers and Delta has been added to today by an open letter from the US-UAE Business Council President, Danny E. Sebright, who has issued a counter respons...
It has been reported by Reuters that Dubai Aerospace Enterprise (DAE) is planning to sell StandardAero aviation for $1.8bn. The sale is expected to be made via an auction, which will begin later this ...
Etihad Airways has appointed Ulf Hüttmeyer as its Senior Vice President Finance Equity Partners, effective April 1, 2015. Hüttmeyer was previously airberlin’s Chief Financial Officer for the past nine...
Gulf Air, the Kingdom of Bahrain's national carrier, and Lufthansa Technik AG have early extended their existing cooperation in landing gear overhaul for the airline's Airbus A320, A321 and A330 fleet...
Guinea Bissau has become the 37th country to join the African Export-Import bank (Afreximbank) as a Participating State, following the signing of the Bank’s Establishment Agreement by the Government, ...
Citi, the leading provider of cash management and trade services in the MENA region and Etihad Airways, the national airline of the United Arab Emirates, today announced the signing of an agreement to...
Air Madagascar will take delivery of two new ATR 72-600s over the next two months, boosting its ATR fleet to five. ...
Dubai-based flydubai has announced the launch of flights to Ahwaz, Hamadan, Esfahan, Shiraz and Tabriz in Iran. The announcement will see flydubai’s Iranian network grow to seven points, adding to the...
The launch of two new Saudi Arabian airlines, Qatar Airways-backed Al Maha Airways and privately owned SaudiGulf Airlines, has been delayed as the General Authority of Civil Aviation (GACA) has ruled ...
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