Company Insights Air Arabia Aviation Air Arabia News 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 Transport Sharjah airport targets 20m passengers by 2026 Sharjah airport will implement several expansion plans to raise its passenger handling capacity to 20 million by 2026 to become one of the top five regional airports, according to Ali Salim Al Midfa, chairman of Sharjah Airport Authority. The authority remains dedicated to boosting the airport’s facilities, infrastructure, and services, he said in a statement. The AED2.4 […] September 21, 2023 Opinion Aviation Central Asia airline investments: a sprat to catch a mackerel The region is one of the world's fastest growing airline markets August 30, 2023 Transport Air Arabia’s Q2 profit soars 187% on higher turnover Air Arabia reported a 187 percent rise in net profit to AED459 million ($124.97 million) in the second quarter of 2023, compared to AED160 million a year earlier. The higher profit was due to a one-off receivable from one of its suppliers, the airline said in a statement. Turnover for the quarter ending June 30, 2023, […] August 13, 2023 Analysis Oil & Gas Adnoc gas deal fires up UAE-Azerbaijan ties Abu Dhabi National Oil Company (Adnoc) is to acquire a 30 percent equity stake in the Absheron gas and condensate field off the coast of Azerbaijan, as part of a plan to grow its international gas business. The deal will allow the state-owned company to facilitate a route into global markets for gas in Europe […] August 8, 2023 Aviation Wizz Air grows fleet to meet low-cost demand Wizz Air Abu Dhabi has revealed plans to increase its fleet size by over 400 percent before the end of the decade, as budget air travel in the Mena region booms. The carrier may also expand further into Saudi Arabia. The joint venture between Abu Dhabi sovereign wealth fund ADQ, which owns 51 percent, and […] June 9, 2023 Aviation Air Arabia to double fleet to support Abu Dhabi tourism Air Arabia intends to double its current fleet capacity within the next 12 months to support Abu Dhabi’s leisure and business tourism market, group CEO Adel Al Ali said. “Tourism is one of the key pillars of the UAE economy. Abu Dhabi is an emirate with solid destination appeal and our enhanced fleet size will […] June 6, 2023 Posts navigation Previous 1 2 3 4 5 Next
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
Transport Sharjah airport targets 20m passengers by 2026 Sharjah airport will implement several expansion plans to raise its passenger handling capacity to 20 million by 2026 to become one of the top five regional airports, according to Ali Salim Al Midfa, chairman of Sharjah Airport Authority. The authority remains dedicated to boosting the airport’s facilities, infrastructure, and services, he said in a statement. The AED2.4 […] September 21, 2023
Opinion Aviation Central Asia airline investments: a sprat to catch a mackerel The region is one of the world's fastest growing airline markets August 30, 2023
Transport Air Arabia’s Q2 profit soars 187% on higher turnover Air Arabia reported a 187 percent rise in net profit to AED459 million ($124.97 million) in the second quarter of 2023, compared to AED160 million a year earlier. The higher profit was due to a one-off receivable from one of its suppliers, the airline said in a statement. Turnover for the quarter ending June 30, 2023, […] August 13, 2023
Analysis Oil & Gas Adnoc gas deal fires up UAE-Azerbaijan ties Abu Dhabi National Oil Company (Adnoc) is to acquire a 30 percent equity stake in the Absheron gas and condensate field off the coast of Azerbaijan, as part of a plan to grow its international gas business. The deal will allow the state-owned company to facilitate a route into global markets for gas in Europe […] August 8, 2023
Aviation Wizz Air grows fleet to meet low-cost demand Wizz Air Abu Dhabi has revealed plans to increase its fleet size by over 400 percent before the end of the decade, as budget air travel in the Mena region booms. The carrier may also expand further into Saudi Arabia. The joint venture between Abu Dhabi sovereign wealth fund ADQ, which owns 51 percent, and […] June 9, 2023
Aviation Air Arabia to double fleet to support Abu Dhabi tourism Air Arabia intends to double its current fleet capacity within the next 12 months to support Abu Dhabi’s leisure and business tourism market, group CEO Adel Al Ali said. “Tourism is one of the key pillars of the UAE economy. Abu Dhabi is an emirate with solid destination appeal and our enhanced fleet size will […] June 6, 2023
