Boeing has predicted that Middle Eastern carriers will require around 2,340 new aircraft by 2029 to satisfy growing demand. That’s a 150% increase in the current aircraft fleet, which adds up to $390 ...
Dubai’s first low cost airline, has secured financing worth USD $80 million, at list prices, with aircraft leasing company, MC Aviation Partners (MCAP); for the remaining B737-800NG aircraft the airli...
Royal Jordanian (RJ) has confirmed to shareholders that its first 787 delivery is now scheduled for the first-quarter of 2014 and now hopes to receive three in 2014 and eight in 2016 and 2017. RJ curr...
Oman Air has adopted SITA’s software solution for fares management, Airfare Insight, in a seven-year contract. Oman Air is the fifth Middle Eastern airline to do so. The new system analyses fares and ...
Arab Air Carriers Organization Secretary General Abdul Wahab Teffaha yesterday directly challenged the Association of European Airlines Secretary General Ulrich Schulte-Strathaus’s assertion made earl...
Ethiopian Airlines is looking for $1.45 billion for the financing of the purchase of 10 Boeing 787-8 and five 737-800 aircraft, with spare engines. Kassim Geresu, chief financial officer of Ethiopian,...
ALAFCO Aviation Lease and Finance Company financial results for the first half of the current fiscal year ended March 31, 2011 show net profits rose five times to KD 25.4 million versus KD 5 million i...
Jazeera Airways Group demonstrated to shareholders at its Annual General Meeting (AGM) in Kuwait the measures it took to successfully bring it back to record profitability in the second half of 2010. ...
Boeing has signed an agreement with Ethiopian Airlines to allow the carrier to participate in the 777 Component Services Program. ET is the 13th airline in the 777 CSP, which is offered jointly by Boe...
Maldivian authorities have confirmed that an Israeli airline has applied to begin chartered flights carrying tourists to the Maldives. The license has not been issued so far. “The license has not been...
Etihad Airways recorded its first operating profit in the first quarter, putting it on track to achieve its target of breaking even this year and making a profit next year. Revenue surged to US$770 mi...
Analysts have predicted that Boeing will announce an all-new replacement for the 737NG aircraft to late 2012 with launch in 2014. Buckingham Research had speculated that the US manufacturer would anno...
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