BAE Systems Asset Management has won an exclusive global remarketing mandate from Q Aviation of Fort Worth, Texas to arrange the sale of an Airbus A318 into corporate/VIP markets and will be looking at the Middle East for potential buyers.
Royal Jordanian has posted net profits of around JD7.7 million ($10.8m), compared to a JD4m ($5.6m) net loss incurred during the same period of last year. The gross profit reached around JD19m ($26.8m), against an operational loss of around JD3m ($4.23m) for the comparison period.
Qatar Airways expects to receive its first four Boeing 787 Dreamliners by the end of 2011 and its entire order of 30 planes by 2015, Chief Executive Akbar Al Baker said on Wednesday.
Qatar Airways aims to be fully government-owned by the end of the year or early 2010, a move that the carrier says will pave the way for an initial public offering, the airline's chief executive said in a report by Reuters.
More speakers have been unveiled for the Aviation Asset Management in the Middle East"conference will take place on Thursday 12th November 2009 in Dubai, alongside the Dubai Air Show.
Boeing's exclusive dominance of the Ethiopian Airlines fleet was broken this morning when the airline - one of the largest and fastest growing airlines in Africa - became an Airbus customer for the first time.
Boeing and Ethiopian Airlines have announced an order for five Boeing 777-200LRs making Ethiopian the first African carrier to order and operate the ultra-long-range 777-200LR model. Ethiopian was also the first African carrier to order the 787 Dreamliner when it committed to 10 in 2005.
The European Union should scrutinise more closely the competitive advantage enjoyed by transatlantic airline alliances to ensure they do not violate antitrust rules, Emirates said, reported Reuters. Emirates maintains its independence from any alliance.
Turkish Airlines has finalised an order for seven Boeing 777-300ER (Extended Range) airliners valued at $1.9 billion at current list prices. This order is in addition to the five 777-300ERs that Turkish Airlines ordered in April 2009, bringing its total 777-300ER orders to 12.
Qatar Airways has been elected as a member of the International Air Transport Association's Environment Committee (ENCOM), one of IATA's six groups focusing on different industry-related issues.
Bahrain's flag carrier Gulf Air has signed a Memorandum of Understanding (MoU) with the Bahrain Government's General Directorate for the Protection of the Environment and Wildlife, a subsidiary of the Public Commission for the Protection of Marine Resources, Environment and Wildlife, Bahrain, in another major step forward in the airline's corporate social responsibility initiatives.
Yemen News Agency reported that Yemenia Airways is to suspend all flights to and from France as of August 11, the company's representative for France, Switzerland and Belgium said.
Hawker Beechcraft has announced the launch of the new Beechcraft King Air C90GTx - the latest advancement for the most successful turbine aircraft in general aviation today.
Iraqi Prime Minister Nouri al-Maliki discussed Iraq's need for more weapons and equipment to bolster the fledgling democracy's military capabilities, during talks at the Pentagon last week.
Air Arabia was ranked first on the Top Performing Companies (TPC) chart as the best Low-Cost Carrier (LCC) in a study conducted by US-based Aviation Week magazine.
Dubai's low cost carrier flydubai has announced the appointment of former Emirates Airline executive Hamad Obaidalla as Chief Commercial Officer and Neil Mills from easyJet as Chief Financial Officer.
Abu Dhabi's Aabar Investments and Virgin Group announced today that they have agreed to enter a strategic partnership, which will see Aabar take an equity stake in the world's first commercial spaceline - Virgin Galactic. To date, Virgin Galactic has been wholly owned and funded by Sir Richard Branson's Virgin Group.
Abu Dhabi-heavyhearted Maximus Air Cargo has started operating seven cargo flights a week for Etihad Airways between the Middle East, the Indian sub-continent, East Africa and will add Libya, Italy, and China from September it announced today.
Qatar Airways CEO Akbar Al Baker reportedly meet with Boeing officials on July 25 to discuss the latest delays to the Boeing 787 programme, and possible changes to the carrier's 787 delivery schedule that could result in deliveries from 2011, flightglobal.com has reported.
Bahrain's sovereign wealth fund Mumtalakat is seeking advisers to help it rebuild the business of state-owned carrier Gulf Air, it said in a statement on Sunday, reported Reuters.
