All Middle East articles – Page 52
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NewsAir Arabia limits full-year loss with profitable final quarter
Air Arabia has managed to achieve a second profitable quarter for 2020, enabling it to contain its full-year net loss to Dhs192 million ($52 million). It turned in a fourth-quarter surplus of Dhs20 million, despite a 53% reduction in revenues, having also been profitable in the first. While the fourth-quarter ...
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NewsPre-Covid hub and fleet plans still hold up: Emirates chief
Emirates Airline will bounce back strongly from the Covid-19 crisis without any fundamental changes to its business model, according to the operator’s president Tim Clark, with its mix of widebody aircraft enabling it to take advantage of likely supply-side shortages in the coming years.
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Airline BusinessAirline coronavirus recovery tracker: February 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsAirline passenger traffic saw sharpest decline in history during 2020
The coronavirus-ravaged airline industry experienced its sharpest-ever decline in passenger demand during 2020, as global traffic fell 65.9% from 2019 levels, according to full-year data released by IATA today.
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NewsAir cargo demand decline in 2020 ‘worst since records began’
The air cargo sector – touted as the airline industry’s bright spot during the coronavirus crisis – saw its largest year-on-year fall in demand since IATA records began during 2020, although the final quarter brought signs of the gap closing.
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NewsIATA outlines scenario where Covid variants pummel 2021 traffic
The global airline industry might only see traffic growth of around 13% from 2020 levels this year amid the impact of new variants of Covid-19, according to a potential scenarios presented by IATA.
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NewsFacing Biden administration, Raytheon drops sale of offensive weapon to Middle Eastern country
Raytheon dropped the sale of an offensive weapon system to an unnamed Middle Eastern country due to concerns that the new President Joseph Biden administration would not grant it a direct commercial sales export license.
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NewsEl Al remains in limbo as Israeli government curbs air travel
Israeli flag-carrier El Al has prolonged the furlough of close to 5,000 personnel at least until the end of February, as the government imposes restrictions on air services. El Al says it has “decided to extend” the unpaid leave of employees until 28 February, putting the figure at 4,864 staff. ...
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NewsControl of leisure carrier Israir finally handed to new owner BGI
Israeli leisure carrier Israir’s trustee has disclosed that the sale of the airline to new owners BGI Investments has been completed, after a long competitive bidding process. The trustee has informed a Tel Aviv court that, following approval of the BGI bid on 1 January, the sale was completed on ...
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NewsFlydubai latest to reinstate Doha flights
Flydubai is to restore its service to Doha from 26 January, a day after fellow UAE carrier Etihad announced a resumption of flights to Qatar.
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NewsUAE signs up for F-35 in 11th hour of Trump administration: report
Hours before the swearing in of US president Joe Biden, the United Arab Emirates (UAE) has reportedly signed a deal for 50 Lockheed Martin F-35As and 18 General Atomics Aeronautical Systems MQ-9B Reaper unmanned air vehicles (UAV).
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NewsEtihad to restore Doha flights from mid-February
UAE carrier Etihad Airways is to restore service from Abu Dhabi to the Qatari capital Doha from 15 February following the restoration of diplomatic links between the Gulf states.
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NewsEmirates and Etihad to trial IATA’s Travel Pass
UAE-based carriers Emirates and Etihad will be among the first airlines in the world to use IATA’s Travel Pass app, with trials to begin in the first half of this year.
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NewsWizz takes advantage of UAE-Israel ties to open Abu Dhabi-Tel Aviv
Wizz Air is the latest operator to take advantage of the political agreement between the United Arab Emirates and Israel, with plans to serve the Abu Dhabi-Tel Aviv route. The airline will open the connection on 12 February, through its new Middle Eastern division Wizz Air Abu Dhabi. This division, ...
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NewsQatar Airways will only retain half of its A380 fleet
Qatar Airways will only operate half of its A380s at best if it brings the widebodies back into service, according to the airline’s chief executive Akbar Al Baker.
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NewsMiddle East’s Jordan Aviation discloses plans for US services
Middle Eastern carrier Jordan Aviation is seeking to open scheduled services to the USA within the next four months. The privately-owned airline has not detailed its intended route network. Royal Jordanian Airlines already serves routes from Amman to New York JFK and Chicago. While it aims to commence scheduled services ...
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NewsAirline bookings weaken as IATA warns recovery ‘some way away’
Forward airline bookings have weakened going into the first quarter of 2021, as IATA warns that the situation is likely to get worse before it gets better.
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Airline BusinessAirline coronavirus recovery tracker: January 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsEmirates bolsters American services
Emirates is restarting operations to Seattle, Dallas and San Francisco and increasing capacity to other destinations in the Americas over the coming two months, as the Middle Eastern carrier continues to rebuild its long-haul network.
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NewsBahrain lifts restrictions on Qatari flights after Al-Ula summit
Bahrain’s air navigation service has updated NOTAMs to remove restrictions on Qatari services, following the recent reconciliation agreement reached at a Gulf Co-operation Council summit. Qatar does not have its own flight information region. Its airspace is contained within the Bahraini FIR. The kingdom’s aeronautical information publication has featured restrictions ...