Waha acquires 20% stake in AerCap
Aside from announcing more than 200% increase in profits, Waha Capital has acquired a 20% stake in the Dutch aircraft lessor AerCap. Under the deal, Waha will acquire approximately 29.8 million shares...
Aside from announcing more than 200% increase in profits, Waha Capital has acquired a 20% stake in the Dutch aircraft lessor AerCap. Under the deal, Waha will acquire approximately 29.8 million shares...
Air Arabia has taken delivery of its first Airbus A320 aircraft. The low-cost carrier has 44 A320s on order, which it will use to serve routes fro its three main hubs, Sharjah in the UAE, Casablanca i...
Royal Jordanian Airlines has posted profits of $27.63 million (JD19.6 million), before provision of JD6 million loss on sale of fixed asset, during the first nine months of the year, compared to JD25....
Abu Dhabi-listed Waha Capital posted a third-quarter net profit of 37 million dirhams ($10.1 million), compared to just 2 million dirhams in the same period for 2009. Waha funds real estate and leasin...
Founded on October 25, 1985, Emirates is celebrating its phenomenal 25 years of 20% year-on-year average growth. And vice-chairman Sir Maurice Flanagan has said that the airline will continue to follo...
A crocodile, which escaped from a passenger's luggage, brought down a small aircraft in the Democratic Republic of Congo Some 20 people were killed after the hidden animal escaped and sparked a stampe...
The International Air Transport Association (IATA) called for coordinated efforts to deal with the challenges of growth in the Middle East and North Africa (MENA). “Over the last decade, the carriers ...
Tony Smith has been appointed as the new general manager at Sharjah Aviation Services. Smith is a former executive at KLM Ground Services and British Midland. At Sharjah Aviation Services, Smith will ...
Shell Aviation (SAV) has signed a fuel concession agreement with Dubai Airports to operate as a fuel supplier at the new Dubai World Central-Al Maktoum International Airport in Dubai, United Arab Emir...
Qatar and Syria have concluding a new open skies air transport agreement in Damascus. The agreement, signed by Qatar Civil Aviation Authority chairman Abdul Aziz al-Noaimi and Syria Civil Aviation Aut...
After refusals to refuel its commercial aircraft in London, Iran has threatened to retaliate against British oil companies. Although the oil companies are not acting illegally by refuelling Iranian c...
JLT Aerospace (JLT) is hosting an international aviation insurance forum in Dubai on January 25-28 next year. Nigel Weyman, chairman, JLT Aerospace, says: "JLT has had an office in Dubai in the Dubai ...
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