The net loss of Royal Jordanian decreased by 64% in the first three months of this year, compared to the same period last year. The net loss of the first quarter of 2015 reached JD8.3 million, against JD23 million incurred by the company in the same months of 2014.
Palma Holding and Ibdar Bank announced today that they have acquired three additional BombardierQ400 NextGen aircraft under a joint venture established by the firms to undertake investments in the aircraft leasing sector.
Etihad Airways will promote its brand campaign starring Australian actress Nicole Kidman, the airline's partnership with Alitalia for the Expo Milano 2015, and Etihad Airways Partners, at next month's Arabian Travel Market (ATM) in Dubai.
Dubai-based Swiss pilot and aviation enthusiast Yves Rossy - known worldwide as the inventor of the individual jet pack which uses carbon-fiber wings for flight led a formation jetpack flight over Dubai this week – creating a world first.
Dubai World Central (DWC) has hosted the 125th corporate anniversary celebrations of Kuehne + Nagel, the first global logistics company to become fully operational at DWC in 2009.
Akbar Al Baker, group chief executive for Qatar Airways, held a landmark press conference in Washington D.C. yesterday, adding the airline's voice to the ongoing US Open Skies debate.
Ever since its first meeting on the Dead Sea shores, in 1995, the World Economic Forum has been selecting Royal Jordanian to be the official carrier of the forum participants.
Bell Helicopter has announced the sale of the first Bell 407GXP in Europe. Istanbul based, Saran Aviation's new aircraft will be outfitted to perform corporate and VIP transport in the region.
dnata became the first ground handler in Asia to welcome the A350-XWB with the arrival of Qatar Airways flight 944 at Singapore's Changi airport on 11 May 2015.
Etihad Airways' Procurement & Supply Management department has received three prestigious awards from the Chartered Institute of Procurement & Supply (CIPS).
Qatar Airways is preparing to showcase the newest and best of its fleet with a display of five aircraft at the 2015 Paris Air Show, which takes place next month at Le Bourget in Paris.
Turkish Airlines has opened its new independent office in Abu Dhabi, led by increasing demand from the UAE capital, with nearly 4 per cent growth in passenger traffic reported in 2014.
Etihad Airways has achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year.
Falcon Aviation, the Abu Dhabi-based aerospace company with origins in oil and gas sector transportation, has taken delivery of two, twin-engined, 19-seater, medium lift Augusta Westland 189 helicopters which will be the backbone of its 21st century fleet upgrade. Falcon is the fourth worldwide customer for the AW189.
Ibdar Bank (Ibdar, the Bahrain based Islamic wholesale investment bank, together with Dubai-based Palma Holding received the African Aviation Awards' “Aircraft Finance Deal of the Year” for their successful structuring of a 12-year agreement for acquiring four brand new Bombardier Q400 Next Gen aircrafts and leasing them to the Ethiopian Airlines.
The Dubai Airshow has a reputation for being at the cutting edge of the aerospace industry, and will continue to showcase game changing technology with the announcement of the addition of the 3D Printshow to the Dubai Airshow in 2015.
Etihad Airways' Treasury department has won three major awards in June – two in the United Arab Emirates at the Association of Corporate Treasurers Middle East (ACT ME) annual awards, and one in the United Kingdom at the Adam Smith awards.
