Company Insights Air Arabia Aviation Air Arabia News Opinion Aviation The Gulf will play a major role in sustainable aviation GCC airlines are leading the charge to make flying greener August 12, 2024 Aviation More low-cost airline routes planned for Saudi Arabia Plans to privatise domestic airports have been announced by Saudi Arabia as part of an aviation expansion strategy, which includes imminent licences for more low-cost airline routes, the kingdom’s civil aviation authority said this week. The General Authority of Civil Aviation has signed an agreement with a consortium led by the Turkish airport operator TAV […] May 21, 2024 Transport Air Arabia profit falls 22% amid fuel and currency woes UAE carrier Air Arabia reported a 22 percent decline in net profit for the first quarter of 2024 compared with the previous year. It cited challenges such as fuel price fluctuations, currency volatility and a shift in seasonality as a result of Ramadan. The low-cost carrier reported earnings of AED266 million ($71 million) for the first three months of […] May 14, 2024 Aviation UAE airlines increased Saudi flights during Ramadan Weekly flights from the UAE and Saudi Arabia rose 13 percent to 383 in March, compared to 338 in February. The increase was driven by growing demand from Umrah performers during the last 10 days of Ramadan, which started last month, state-run Wam news agency reported, quoting the General Civil Aviation Authority’s (GCAA) statistics. Flydubai […] April 9, 2024 Tourism Morocco denies subsidising Ryanair domestic flights Morocco’s Ministry of Tourism has denied claims that it is subsidising the Irish low-cost carrier Ryanair’s expansion across the country. Ryanair will open domestic flights throughout Morocco from the summer as part of its $1.4 billion investment in the North African country. It had been reported that the Moroccan National Tourism Office would be providing […] April 8, 2024 Transport UAE carriers expand reach to 603 global destinations UAE carriers were serving 603 destinations worldwide by the first quarter of 2024, compared to 586 at the close of 2023. The three percent increase reflects the rebound in the aviation sector and a surge in travel demand, state-run Wam news agency reported, quoting data released by the national carriers. Air Arabia leads with 215 […] April 3, 2024 Aviation Passengers pay for aviation’s sustainability shortcomings Penalties imposed on the aviation industry for failing to meet stringent sustainability targets will ultimately lead to higher air fares for passengers, according to an industry expert. “The customer is going to pay the extra cost,” said Wahab Teffaha, secretary general of the Arab Air Carriers’ Organization, speaking at the 11th annual Arab Aviation Summit […] February 29, 2024 Aviation Air Arabia remains upbeat despite profit drop in Q4 Air Arabia remains optimistic about the future of low-cost air travel despite reporting a drop in profit in the last quarter of 2023. Based in Sharjah, the no-frills airline reported a net profit of AED225 million ($61 million) in the fourth quarter of 2023, down 37 percent year on year in the last three months […] February 14, 2024 Aviation Ryanair to begin domestic flights in Morocco in 2024 Irish low-cost carrier Ryanair will open domestic flights across Morocco from next summer as part of its $1.4 billion investment in the North African country. Ryanair will be the third airline to operate flights in Morocco, following national carrier Royal Air Moroc and the UAE’s Air Arabia. The extra commitment to Ryanair’s summer programme means […] December 13, 2023 Analysis Trade UAE-Russia trade grows as Putin arrives in Gulf President Vladimir Putin will be hoping to build on Russia’s $9 billion of trade with the UAE as he visits the Gulf this week. Putin arrived in Abu Dhabi on Wednesday and is also expected to travel to Saudi Arabia for talks with Crown Prince Mohammed bin Salman. Trade between Russia and the UAE increased […] December 6, 2023 Posts navigation Previous 1 2 3 … 5 Next
Opinion Aviation The Gulf will play a major role in sustainable aviation GCC airlines are leading the charge to make flying greener August 12, 2024
Aviation More low-cost airline routes planned for Saudi Arabia Plans to privatise domestic airports have been announced by Saudi Arabia as part of an aviation expansion strategy, which includes imminent licences for more low-cost airline routes, the kingdom’s civil aviation authority said this week. The General Authority of Civil Aviation has signed an agreement with a consortium led by the Turkish airport operator TAV […] May 21, 2024
Transport Air Arabia profit falls 22% amid fuel and currency woes UAE carrier Air Arabia reported a 22 percent decline in net profit for the first quarter of 2024 compared with the previous year. It cited challenges such as fuel price fluctuations, currency volatility and a shift in seasonality as a result of Ramadan. The low-cost carrier reported earnings of AED266 million ($71 million) for the first three months of […] May 14, 2024
Aviation UAE airlines increased Saudi flights during Ramadan Weekly flights from the UAE and Saudi Arabia rose 13 percent to 383 in March, compared to 338 in February. The increase was driven by growing demand from Umrah performers during the last 10 days of Ramadan, which started last month, state-run Wam news agency reported, quoting the General Civil Aviation Authority’s (GCAA) statistics. Flydubai […] April 9, 2024
Tourism Morocco denies subsidising Ryanair domestic flights Morocco’s Ministry of Tourism has denied claims that it is subsidising the Irish low-cost carrier Ryanair’s expansion across the country. Ryanair will open domestic flights throughout Morocco from the summer as part of its $1.4 billion investment in the North African country. It had been reported that the Moroccan National Tourism Office would be providing […] April 8, 2024
Transport UAE carriers expand reach to 603 global destinations UAE carriers were serving 603 destinations worldwide by the first quarter of 2024, compared to 586 at the close of 2023. The three percent increase reflects the rebound in the aviation sector and a surge in travel demand, state-run Wam news agency reported, quoting data released by the national carriers. Air Arabia leads with 215 […] April 3, 2024
Aviation Passengers pay for aviation’s sustainability shortcomings Penalties imposed on the aviation industry for failing to meet stringent sustainability targets will ultimately lead to higher air fares for passengers, according to an industry expert. “The customer is going to pay the extra cost,” said Wahab Teffaha, secretary general of the Arab Air Carriers’ Organization, speaking at the 11th annual Arab Aviation Summit […] February 29, 2024
Aviation Air Arabia remains upbeat despite profit drop in Q4 Air Arabia remains optimistic about the future of low-cost air travel despite reporting a drop in profit in the last quarter of 2023. Based in Sharjah, the no-frills airline reported a net profit of AED225 million ($61 million) in the fourth quarter of 2023, down 37 percent year on year in the last three months […] February 14, 2024
Aviation Ryanair to begin domestic flights in Morocco in 2024 Irish low-cost carrier Ryanair will open domestic flights across Morocco from next summer as part of its $1.4 billion investment in the North African country. Ryanair will be the third airline to operate flights in Morocco, following national carrier Royal Air Moroc and the UAE’s Air Arabia. The extra commitment to Ryanair’s summer programme means […] December 13, 2023
Analysis Trade UAE-Russia trade grows as Putin arrives in Gulf President Vladimir Putin will be hoping to build on Russia’s $9 billion of trade with the UAE as he visits the Gulf this week. Putin arrived in Abu Dhabi on Wednesday and is also expected to travel to Saudi Arabia for talks with Crown Prince Mohammed bin Salman. Trade between Russia and the UAE increased […] December 6, 2023
