DAE completes $2bn acquisition of NAC
Dubai Aerospace Enterprise (DAE) has completed its previously disclosed 100% acquisition of Nordic Aviation Capital (NAC) from NAC Holdings. The company said the enterprise value was approximately $2b...
Dubai Aerospace Enterprise (DAE) has completed its previously disclosed 100% acquisition of Nordic Aviation Capital (NAC) from NAC Holdings. The company said the enterprise value was approximately $2b...
flynas said it intends to launch an initial public offering (IPO), with 30% of its stake — or 51.3 million shares — to be sold post-offering. The company will sell 33.8 million — or 19.8% — of its exi...
Qatar Airways is reportedly finalising an order for around 100 Boeing widebody jets, with an option for as many more, Bloomberg News reported, citing people familiar with deliberations.This deal is ex...
Qatar Airways is increasing services from Doha to both Toronto and São Paulo, with the airline citing a commitment to serving growing demand on services to the Americas.From June 19, 2025, the airline...
A number of airlines have halted services to and from Tel Aviv after a missile strike close to Ben Gurion Airport on May 4, 2025.CCTV footage posted on social media shows the missile striking behind t...
Qatar Airways Cargo has been named as the launch operator of Mammoth Freighters' 777-200LRMF freighter on May 1, 2025. “This additional freighter capacity will be instrumental in advancing our fleet g...
Etihad Airways said its stopover programme, in partnership with Abu Dhabi's department of culture and tourism, has reached 44,000 visitors from January to April 2025, marking a 76% increase on the sam...
Saudi startup airline Riyadh Air has signed 11 new agreements with strategic partners as it looks to commence operations later this year. The partnerships are across a range of sales and distribution ...
Saudi Arabia’s General Authority of Civil Aviation (GACA) has removed cabotage restrictions on charter flight operations, which will allow international operators to fly within Saudi Arabia.Since an i...
Etihad Airways has launched its new corporate travel programme for business travel on May 1, 2025, at the Arabian Travel Market 2025 event. The airline said the programme will make “significant advanc...
Dubai Aerospace Enterprise (DAE) has received the applicable requisite antitrust clearance to finalise its acquisition of Nordic Aviation Capital (NAC), with the transaction expected to close in May, ...
Dubai International Airport welcomed 23.4 million passengers during the first quarter of the year, with traffic up 1.5% on the same period of the year prior.The airport said during January, it saw its...
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