Kuwait Airways has been ordered by the Philippines Supreme Court to pay over $1m to Philippines Airlines (PAL) for the non-payment of passenger and cargo services dating back to 1995 Inquirer.net reported.
Air transport IT specialist SITA said its revenues increase 3.5% to $1.47billion compared to $1.42bn in the previous year as e-ticketing soared during 2008.
Dubai's flagship construction project - the 140 square kilometre aviation city Dubai World Central - will go live in June 2010 according to the emirate's aviation supremo.
The Centre for Advance Professional Resources along with Centre for Asia Pacific Aviation is organising the first Business Aviation emerging markets (BAEM) in Abu Dhabi (March-2010.)
A Bahraini lawmaker is pushing for a new law that protects air passengers in the Gulf from flight delays or cancellations and grants them financial compensations.
Eurocopter, reaffirmed its commitment to Business Aviation at this year's EBACE with the introduction of the EC145 Stylence The first time that the EC145 has been seen in this configuration.
Air Arabia achieved a net profit of AED103 million ($27.81m) in the first quarter marking a 32% increase on last year's AED78m ($21.06m). The carrier posted a turnover of AED463m ($125m) in the first quarter of 2009, up 21% compared to AED383m ($91.26m) during the first quarter of last year.
EBACE: Project Phoenix, the Dubai-based specialist for converting airliners for VIP/executive use, has signed an agreement with American firm, Spectrum Aeromed, to develop a dedicated air ambulance version or to offer a quick change fit option.
The Yemeni Ministry of Transport plans to announce an international tender for companies wishing to develop and operate the Sana'a and Aden airports the Yemen Post has reported.
Mercator's RAPID revenue accounting solution has experienced an upsurge in demand during the last financial quarter, with a number of airlines signing new contracts for the first time the Dubai-based business technology provider has said.
Saudi Arabia will double its monthly spot aviation fuel supply available for exports starting in May due to lower domestic consumption, reported Reuters.
Following a poor first quarter Royal Jordanian's net loss has almost doubled to $12 million (JD8.5m) compared to a loss of $6.2m (JD4.4m) for the same period last year.
Passengers have been 'brainwashed' into thinking that air travel is cheap and airlines both network and low cost carriers need to review the way they operate and think innovatively if they are to survive - that was the key message to come from a panel session at the Aviation Outlook Conference in Abu Dhabi .
The Arab Air Carriers Organization (AACO) ihas announced the date of its 42nd Annual General Meeting - under the Patronage of HRH Prince Sultan Bin Abdulaziz, Crown Prince, Deputy Premier, Minister of Defense & Aviation and the Inspector Genera - at Jeddah Hilton Hotel in Saudi Arabia on 17-19 October 2009.
Luxury executive jet company Royal Jet will join airlines from around the Middle East in supporting the Arabian Travel Market which opens at Dubai International Convention and Exhibitrion Centre on May 5 and runs until May 8. Royal Jet is the only private aviation company exhibiting at ATM and as a major stakeholder in the development of Abu Dhabi has partnered with Abu Dhabi Tourism Authority.
Celebrating performance excellence in the logistics sector, the 2009 Middle East Logistics Awards will present 24 awards in various categories at a gala ceremony on Tuesday 30th June, 2009.
Chairman and CEO of Kuwait's ALAFCO, Ahmad Alzabin, announced that the operating profit of the company during the first half of its current fiscal year reached KD6.2m ($21.2m) million, and that ALAFCO earned a net profit of KD3.2m ($11m). The company's assets reached KD317m ($1 billion) and shareholders equity reached KD88.6 million ($303m) during the quarter.
Al Jaber Engineering and Contracting has been awarded a Dh4.3 billion ($1.17bn) contract to build Dubai International Airport's Concourse 3, according to COO Fatima Obaid Al Jaber.
Jordan Aviation and Syrian Arab Airlines have finalised a lease agreement for an Airbus A320. Syrian Arab Airlines will lease the aircraft for a year following a successful trial month.
Aircraft maker Boeing said market conditions are challenging the availability of aircraft financing but the conditions are creating opportunities for willing investors.
The Arab race for space is well underway with the news that space & satellite experts from the MENA region will host the Global Space Technology Forum in Abu Dhabi while the UAE confirms its first government satellite will launch in the summer.
Royal Jordanian Airlines has paid the penalty for over-estimating the potential cost of aviation fuel and seen its pre-tax profits for 2008 wiped out by losses on fuel hedging.
