The Middle East was the only region in the world to see aerospace insurance premiums rise last year, according to the annual report on the aerospace industry issued today by the Aon Corporation.
US aerospace and defence giant Textron has appointed Scott Ernest as president and chief executive officer of Cessna Aircraft Company. He will report to Textron chairman Scott Donnelly and succeeds Jack Pelton, who retired earlier this month.
Dubai Airshow will be enjoying special anniversary celebrations this year as it plans to pay tribute to the development of the aerospace industry in the United Arab Emirates as the country celebrates its 40th anniversary just two weeks later on 2 December 2011.
Bayanat Airports Engineering and Supplies and Adacel, the UK-based developer of advanced air traffic control simulators and automated ATM systems announced an agreement ahead of their joint presence of the Airport Show which opens in Dubai on Tuesday.
BAE Systems announced today an agreement to sell its commercial aircraft lease portfolio and Asset Management business to investment affiliates of certain funds managed by Fortress Investment Group.
Middle East airline passengers will soon benefit from a new strategic partnership between airport systems integrator, Bayanat Airports Engineering and Supplies (BAES), and airfield ground lighting company, ADB, that will see the two companies join forces
Etihad Airline's "Guest Above Credit Card" run in conjunction with Abu Dhabi Commercial Bank, which rewards consumers with Etihad Guest Miles and a wide range of service privileges, has been named Best Co-Branded Card in the Middle East.
Capital Management House (“CMH”), the Bahrain based investment bank, thas made the first distribution of dividends to investors of its aircraft leasing investment fund, which was established in partnership with Novus Aviation and Muzun Partner Ltd.
Demand for Corporate Aviation Finance is expected to Increase in the Middle East, Europe and Africa Region with predictions that demand will be highest in the Middle East region.
Bahrain's head of civil aviation is at the European business aviation show, EBACE to send a clear message to the industry – Bahrain is open for business.
The Gulf Centre for Aviation Studies (GCAS), a subsidiary of Abu Dhabi Airports Company (ADAC), today announced offering of new combined courses on aviation law according to UAE news agency WAM.
Emirates' unique 'Aircraft Appearance Centre' is gearing up for full operation. Following a soft opening in August 2010, six aircraft have been completed and a full back-to-back schedule is due to start in August this year.
Offset programme company Alsalam Aircraft has been rated as one of the top Saudi companies to work for and this week celebrated its success with a special event at the Cultural Palace in the Diplomatic Quarter, Riyadh.