Etihad Airways has signed a multi-tiered agreement with Abu Dhabi Tourism Authority (ADTA) to support the emirate's involvement in the 2011/12 Volvo Ocean Race.
Etihad Airways today reported revenue growth of 39% to $1.1 billion (Q3 2010: $785m) on passenger numbers up 18% to 2.25 million (1.9 million) in the airline's strongest ever third quarter. Seat factor increased by 3.8% to 80.7%, the highest quarterly result in its history.
Etihad Airways today reported revenue growth of 39% to $1.1 billion (Q3 2010: $ 785 million) on passenger numbers up 18% to 2.25 million (1.9 million) in the airline's strongest ever third quarter. Seat factor increased by 3.8% to 80.7%, the highest quarterly result in its history.
Eurocopter has successfully tested a hybrid helicopter that combines a turboshaft internal combustion engine with an electric motor for a world premiere, marking a new milestone in its innovation roadmap that opens the way for further enhancements in rotary-wing aircraft safety.
ATR has recorded a record 145 firm aircraft orders and an additional 72 options since the beginning of the year with the European manufacturer claiming an 80% share of this year's regional aircraft market.
The current European sovereign debt crisis, and its expected impacts on European banks, gives new impetus to aircraft investment opportunities for Middle East investors, Boeing told the region's bankers and financers.
Africa's aerospace industry has entered a new era with the launch of a ground-breaking multi-role aviation platform. This marks the first time in Africa's history that the continent has independently designed and manufactured its own aircraft. The market potential of the aircraft could add up to half a billion dollars to the industrial output of the South African economy.
CEOs from the world's leading airlines, aircraft manufacturers, satellite companies, and aerospace associations, as well as heads of the world's most prominent aerospace teaching and research facilities, will come together at the inaugural Global Aerospace Summit for four days of strategic level discussions, closed-door debates, networking, and site visits.
United Technologies – the owners of Pratt & Whitney and Sikorsky - has agreed a deal to buy aerospace supplier Goodrich for a sum believed to be in excess of $18 billion.
A top–level group of Air Force leaders from around the world have confimed attendance at the Dubai International Air Chiefs Conference (DIAC) which takes place on the eve of the Dubai Air Show at the Jumeirah Beach Hotel.
Qatar's government is said to be considering purchasing a substantial stake in EADS – the European aerospace and defence conglomerate which owns Airbus, Eurocopter and other major manufacturers.
The Boston Consulting Group (BCG) has predicted that Emirates will become the world's largest wide-body carrier by 2015 and in the same timescale, Qatar Airways and Etihad will join the ranks of the Global Top 20 airlines.
Global loss adjuster McLarens Young International which has offices in Abu Dhabi, Jeddah, Tehran, Cairo and Yemen has merged with Airclaims, a major provider of claims, risk and asset management services to the aviation community.