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Etihad upbeat on earnings outlook

Abu Dhabi-based airline Etihad Airways is upbeat on its future earnings after posting its first full-year profit in 2011, its chief commercial officer told Reuters on Wednesday.

March 8, 2012 3:56

All systems go: Dubai focuses on stronger aviation business

With the Middle East’s aviation industry fast becoming the world’s strongest and Dubai’s need for more revenue generation, the emirate is banking on its aviation industry as a solid net.

March 6, 2012 12:55

Emirates Airline to raise $517M Islamic loan

Dubai's Emirates airline has hired three local banks to arrange a 1.9-billion dirhams ($517.3 million) Islamic loan facility to finance three aircraft, the chief executive of one of the banks confirmed on Tuesday.

February 7, 2012 3:12

SpanAir ceases operations, cites financial woes

Loss-making Spanish airline Spanair ceased operations on Friday night, grounding all its airplanes after its owner, citing the country's economic crisis, said it would not sink any more money into the company.

January 28, 2012 12:57

Abu Dhabi’s Etihad buys into Air Seychelles

Etihad Airways will acquire a 40 percent stake in Air Seychelles, its second airline acquisition in the last five weeks as the rapidly growing Abu Dhabi-based carrier embarks on an ambitious expansion plan.

January 26, 2012 1:39

Qatar Airways CEO to serve on IATA board of governors

Qatar Airways CEO Akbar Al Baker has been unanimously nominated to serve on the influential Board of Governors of the International Air Transport Association (IATA).

December 4, 2011 10:05

UAE carriers to suspend Syria flights next week

The UAE airlines will suspend flights to Syria next week under sanctions imposed by the Arab League, the government of Dubai's press office said in its Twitter feed on Wednesday.

November 30, 2011 12:10

Lebanon’s MEA pilots strike over dismissed colleague

Pilots working for Lebanon's Middle East Airlines voted to hold a 48-hour strike from Monday night in protest at the dismissal of a colleague suffering from cancer.

November 29, 2011 12:59

No bailout for Kingfisher, says Indian minister

India's civil aviation minister ruled out a public bailout for India's Kingfisher Airlines or any other airline, urging private airlines in India to put their own house in order.

November 17, 2011 3:57

Gulf carriers like Qatar Airways will continue muscle-flexing

It’s not the first time Qatar Airways publicly lectured Airbus. And it won’t be the last, with the Middle East accounting for 11% of all plane orders until 2030.

November 16, 2011 8:10

Fujairah-based Abu Dhabi airline service launches

Eastern Express CEO Alex De Vos hopes the one-jet operation will cater to businessmen and government officials. Precious de Leon wonders how many companies would pay the 1,200AED return ticket.

November 15, 2011 3:03

Kuwait delays state airline’s privatisation

Struggling airline to restructure operations; Committee says completed review of bids; Airline was eyeing $280 million privatisation

October 30, 2011 3:09

Flydubai eyes new orders as it nears break-even

Unlisted low-cost carrier flydubai is looking to order new aircraft as early as next year and expects to break even soon, the airline's chief executive said on Thursday.

October 27, 2011 2:15

$230B in new business jets expected from 2011-2021

Sales of new business jets are soaring, if Honeywell Aerospace figures are anything to go by. No one's surprised most of it is coming from the MEA and Asia.

October 10, 2011 1:56