Middle East – Page 53
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NewsEl Al details loan and share issue to secure $30m in state aid
Israeli flag-carrier El Al has detailed an agreement for funding support from the government and its controlling shareholder, Kanfei Nesharim, which includes a commitment to a share offering by mid-September next year. Under the 22 November agreement Kanfei Nesharim will provide El Al with $63 million through four loans. Three ...
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NewsIsraeli government to offer additional state-aid package to airlines
Israel’s government is to offer additional financial support to the country’s troubled airlines, approving a proposal for a state aid package worth up to $44 million. The finance and transport ministries say they have jointly put forward the proposal to provide “immediate cash-flow assistance” given the “exceptional damage” inflicted on ...
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Airline BusinessDubai air show reinforces pandemic recovery themes among airlines
Organisers and visitors alike will be hoping that the biennial Dubai air show has bookended the worst of the Covid-19 crisis, proving the maxim that ‘timing is everything’.
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NewsCATIC, GAL stand-up aircraft spare parts facility in Abu Dhabi
The China National Aero-Technology Import & Export Corporation (CATIC) and MRO firm GAL have opened a support centre in the United Arab Emirates (UAE).
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NewsUpbeat Emirates boss sees no structural change to travel demand
Emirates Airline president Tim Clark does not expect there to be any structural change to travel demand citing the strong take-up from passengers in the markets it has so far been able restores services to since the pandemic.
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NewsAir Baltic navigates Latvia lockdown with capacity and IPO plan intact
Latvia-based Air Baltic made it through its home country’s recent four-week lockdown without adjusting its capacity – or its plans for an IPO in the coming years.
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NewsDubai luxury hotel firm Five to take VIP A220 from Comlux
Dubai-based hotel and resort group Five is acquiring an Airbus A220 business jet from Switzerland’s Comlux Group. The twinjet – branded as the ACJ TwoTwenty – will be fitted with a VIP cabin interior specified by Five from January next year, and will enter into service with the company in ...
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NewsEmirates rolls out premium economy to 105 widebodies in upgrade move
Emirates is to retrofit over a 100 of its widebodies with premium economy seats as part of wider cabin upgrade moves which could include a new business class product on its Boeing 777s.
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NewsJazeera inks preliminary deal for up 28 Airbus A320neos
Kuwaiti low-cost carrier Jazeera Airways has sealed a memorandum of understanding for 20 Airbus A320neos and eight A321neos.
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NewsBoeing Capital lands deal with UAE lessor for three RR-powered 777-300s
Boeing Capital has secured a sale agreement with Sky One FZE for three Rolls-Royce powered Boeing 777-300s.
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NewsEtihad and Airbus launch Greenliner-style initiative with A350-1000s
Etihad Airways and Airbus will collaborate on sustainability efforts under a programme that will use the carrier’s A350-1000 jets in the style of Boeing’s Greenliner initiative, they announced at Dubai air show on 15 November.
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NewsKC-390 ‘perfect’ for Middle East operations, Embraer boss says
Embraer’s defence unit is enjoying a busy Dubai air show, with Brazilian President Jair Bolsanaro among those to have received a tour of its KC-390 tanker/transport.
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NewsLockheed to hit F-35 delivery target for 2021, as UAE talks continue
With the United Arab Emirates (UAE) having secured US approval to buy 50 Lockheed Martin F-35As almost one year ago, many at the Dubai air show will be surprised to see the fifth-generation type present only in the guise of a full-scale replica.
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NewsAir Baltic lauds A220 performance with eight more on the way in 2022
Air Baltic is expecting to end 2022 with 40 A220-300s in its fleet as it emerges from the Covid-19 crisis firmly committed to life as a single-type operator.
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NewsEmirates picks Israel’s IAI to convert 777s to freighters and adds more 777Fs
Middle Eastern carrier Emirates is signing up for Israel Aerospace Industries’ Boeing 777-300ER freighter conversion programme, with a commitment to modify four aircraft. It is part of a $1 billion plan to increase the capacity of its SkyCargo operation, which will include the acquisition of another pair of 777 freighters ...
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NewsAir Arabia expects whole fleet to be back in service by March 2022
Air Arabia Group expects to return all its aircraft to service by March 2022 as it looks forward to eventually extending its reach with larger Airbus narrowbodies.
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NewsEmirates and Gulf Air to codeshare and investigate cargo cooperation
Middle Eastern carriers Emirates Airline and Gulf Air have signed a memorandum of understanding to increase their commercial cooperation
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NewsRoyal Jordanian taps Lufthansa Technik for A320 component support
Royal Jordanian has sealed a new component maintenance agreement covering its Airbus A320 family fleet with Lufthansa Technik.
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NewsUAE signs contract for two more A330 tankers
Airbus Defence & Space has been awarded a contract to supply the United Arab Emirates (UAE) with a further two A330 multi-role tanker transports (MRTTs).
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NewsThird-from-last Emirates A380 completes commercial line-up at Dubai air show
The line-up of airline-liveried commerical aircraft on the Dubai air show static display was complete on 14 November as the event got under way. Dubai air show static display Sunday By Sunday morning, an Emirates Airbus ...