Company Insights Air Arabia Aviation Air Arabia News 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 Transport Air Arabia profit up 25% on rising passenger demand Sharjah-headquartered Air Arabia reported a 25.5 percent rise in profit in the third quarter of 2023, on robust passenger demand and effective cost control measures. Net profit for the quarter ended September 30, 2023, rose to AED522 million ($142 million), compared to AED416 million a year ago. Revenue for the period reached AED1.63 billion, recording […] November 14, 2023 DUBAI AIRSHOW Aviation Gulf’s low-cost carriers fuel demand for smaller aircraft The number of single-aisle aircraft in the Middle East is expected to more than double in the next 20 years on the back of a predicted rapid expansion for low-cost carriers and short-haul networks. By 2042, nearly half of the planes operating in the region will be single-aisle jets, according to a commercial market outlook […] November 13, 2023 Aviation Air Arabia to bring low fares to lucrative London route UAE low cost carrier Air Arabia will take on the highly competitive but lucrative London market when it takes delivery of Airbus aircraft able to fly longer distances, its CEO has confirmed. Air Arabia announced an order for 120 fuel-efficient aircraft comprising 73 A320neos, 27 A321neos and 20 A321 XLRs at the Dubai Air Show […] October 11, 2023 Manufacturing Dubai 3D factory muscles in on aviation sector A new 3D printing facility in Dubai, certified to produce airplane components, is anticipated to cut into a portion of traditional global aviation manufacturers and maintenance hubs. Paradigm 3D has invested AED20 million ($5.5 million) to establish a factory using technology from Stratasys, an American-Israeli maker of industrial 3D printers that are used by industry […] September 22, 2023 Posts navigation Previous 1 2 3 4 5 Next
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
Transport Air Arabia profit up 25% on rising passenger demand Sharjah-headquartered Air Arabia reported a 25.5 percent rise in profit in the third quarter of 2023, on robust passenger demand and effective cost control measures. Net profit for the quarter ended September 30, 2023, rose to AED522 million ($142 million), compared to AED416 million a year ago. Revenue for the period reached AED1.63 billion, recording […] November 14, 2023
DUBAI AIRSHOW Aviation Gulf’s low-cost carriers fuel demand for smaller aircraft The number of single-aisle aircraft in the Middle East is expected to more than double in the next 20 years on the back of a predicted rapid expansion for low-cost carriers and short-haul networks. By 2042, nearly half of the planes operating in the region will be single-aisle jets, according to a commercial market outlook […] November 13, 2023
Aviation Air Arabia to bring low fares to lucrative London route UAE low cost carrier Air Arabia will take on the highly competitive but lucrative London market when it takes delivery of Airbus aircraft able to fly longer distances, its CEO has confirmed. Air Arabia announced an order for 120 fuel-efficient aircraft comprising 73 A320neos, 27 A321neos and 20 A321 XLRs at the Dubai Air Show […] October 11, 2023
Manufacturing Dubai 3D factory muscles in on aviation sector A new 3D printing facility in Dubai, certified to produce airplane components, is anticipated to cut into a portion of traditional global aviation manufacturers and maintenance hubs. Paradigm 3D has invested AED20 million ($5.5 million) to establish a factory using technology from Stratasys, an American-Israeli maker of industrial 3D printers that are used by industry […] September 22, 2023
