All Middle East articles – Page 56
-
NewsPandemic drives Emirates to its first half-year loss
Emirates Group posted a loss of Dh14 billion ($3.8 billion) for the six months ended 30 September as revenues slumped 74% during the first half of its pandemic-hit financial year.
-
NewsLessor Global Knafaim bids to re-enter Israir auction after revising offer
Israeli aircraft lessor Global Knafaim Leasing has submitted a revised offer for leisure airline Israir, having initially failed to advance to the next stage of the bidding process. It has outlined a 107 million ($31.6 million) shekel proposal comprising 35 million shekels in cash and 72 million shekels representing a ...
-
NewsAir Arabia posts third-quarter loss as crisis impact continues
Air Arabia made a net loss of Dh44 million ($12 million) on revenues down 80% in the third quarter, a period in which the low-cost carrier was able to resume services after the initial pandemic lockdown. The group carried 665,500 passengers in the three months to end-September across its five ...
-
NewsSecond Iran Air aircraft makes wrong-runway landing at Tabriz
Iranian investigators have indicated that an Airbus A319 crew landed on the wrong runway at Tabriz airport after becoming accustomed to using it on two previous flights. The Iran Air aircraft (EP-IEP) had been inbound to Tabriz from Isfahan on 7 October but, despite being cleared to land on runway ...
-
NewsBoeing secures $9.8 billion contract for Saudi F-15 work
Boeing has secured a contract worth up to $9.8 billion related to modernisation and support work for Saudi Arabia’s F-15 fleet.
-
NewsUSA approves $23bn sale of F-35s, MQ-9Bs and thousands of weapons to UAE
The US Department of State has approved the sale of an aircraft and weapons package worth up to $23.37 billion to the United Arab Emirates (UAE), including 50 examples of the Lockheed Martin F-35A Lightning II stealth fighter.
-
NewsArkia-Israir merger proposal among bids for Israeli leisure carrier
Israeli carrier Arkia has revealed it is bidding to take over leisure operator Israir, one of multiple parties to have declared formal interest in acquiring the carrier. Israir is being auctioned as part of a restructuring of troubled parent company IDB Development. Arkia says it would pursue Israir “by way ...
-
OpinionPositive vaccine news comes just as airline industry needed it the most
Carriers in the northern hemisphere are heading into a winter season that is likely to be bleaker than even their worst pre-pandemic nightmares could have imagined.
-
NewsEtihad overhauls management as it adapts to being ‘mid-size’ carrier
Several senior Etihad Airways personnel, including chief commercial officer Robin Kamark, are stepping down from the Middle Eastern carrier as it undertakes an extensive reshaping to adapt to the changed market situation. Etihad Airways says it is overhauling its business model to emerge as a “mid-sized” carrier, focusing on a ...
-
NewsAirline passenger demand ‘hit wall’ in September: IATA
Weak international travel demand continued to weigh heavily on the airline industry’s performance in September, according to the latest data from IATA.
-
NewsQatar Airways activates Boeing 787-9 fleet
Qatar Airways has begun operating its Boeing 787-9 fleet, putting four of the long-haul twinjets into service.
-
Airline BusinessAirline coronavirus recovery tracker: November 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
-
NewsUAE’s Flydubai to open Israeli services in November
United Arab Emirates operator Flydubai is to open services to Tel Aviv this month, following the normalisation pact signed between the Gulf state and Israel. Flydubai says it will carry out a twice-daily service between Dubai and Tel Aviv from 26 November. The carrier uses a fleet of Boeing 737-800s ...
-
NewsJazeera liquidity ‘sound’ as losses persist in third quarter
Kuwaiti carrier Jazeera Airways is confident that it remains a going concern, with sufficient resources, after turning in a KD5.6 million ($18.3 million) third-quarter net loss. The performance brings overall net losses, for the nine months to 30 September, to KD15.5 million. Jazeera Airways says there is a “risk of ...
-
NewsEl Al chief Usishkin to step down in January
Israeli flag-carrier El Al’s chief executive, Gonen Usishkin, is to step down from his position in January next year, three months after a board shake-up by the airline’s new controlling shareholder. Usishkin was named as the airline’s head in early 2018. He oversaw the transformation of El Al’s fleet, as ...
-
NewsAirbus delivers first A330-800s with handover to Kuwait Airways
Airbus has delivered its first A330-800s, both aircraft being handed over to Middle Eastern operator Kuwait Airways. The -800 is the smaller of the two A330neo family members. Kuwait Airways had ordered eight of the twinjets, powered by Rolls-Royce Trent 7000 engines, in late 2018 as part of a deal ...
-
NewsAirline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
-
NewsIsraeli-Sudanese agreement to enable shorter flights: Netanyahu
Israeli prime minister Benjamin Netanyahu has referenced further airspace efficiencies as a benefit of the new agreement to normalise relations with Sudan. Netanyahu had previously indicated that the Israeli government had made political contact with Sudanese counterparts in the past couple of years. “The skies of Sudan are open to ...
-
NewsIsraeli-Gulf flights to expand with Bahrain air services pact
Israel’s government has sealed an air services agreement with the kingdom of Bahrain, complementing its recent similar pact with the United Arab Emirates. The agreement will allow operators from each side to carry out up to 14 weekly services between the Bahraini capital, Manama, and Tel Aviv’s Ben Gurion airport. ...
-
NewsEmirates to serve Jordanian capital with A380
Emirates will next month deploy an Airbus A380 for some of its flights between Dubai and Amman as it boosts frequencies and capacity on the Middle Eastern route. The Jordanian capital will become the sixth city in Emirates’ network to be served with A380s, joining Cairo, Guangzhou, London Heathrow, Moscow ...