Company Insights Air Arabia Aviation Air Arabia News Aviation Air Arabia takes off in Q1 2023 with 17% profit rise Sharjah-based Air Arabia reported a 17 percent increase in net profit to AED342 million ($93.14 million) in the first quarter of 2023, compared to AED291 million a year earlier. The low-cost airline posted a turnover of AED1.42 billion, a 27 percent increase year-on-year. More than 3.9 million passengers flew between January and March across the […] May 9, 2023 Video length: 03:07 Analysis Aviation How the battle for the Gulf’s skies has intensified Across and around the Arabian Gulf regional airlines find themselves returning to a very different and increasingly volatile market after the pandemic. Pre-Covid, aviation in the Gulf and many neighbouring nations was largely defined and dominated by Emirates, Qatar Airways and Etihad. Now, as the Big Three pursue resurgence, they are being increasingly challenged, not […] May 8, 2023 Aviation Air Arabia’s 2022 net profit soars 70% to $323m UAE-based low-cost carrier Air Arabia reported a net profit of AED1.2 billion ($326.70 million) for 2022, an increase of 70 percent, compared to AED720 million in 2021, driven by the growth in passenger numbers that exceeded pre-pandemic levels. The airline’s turnover reached AED5.2 billion in 2022, an increase of 65 percent, compared to AED3.2 billion […] February 14, 2023 Analysis Aviation Private jet demand to Doha soars despite World Cup price hikes Private jet operators have reported a massive surge in demand for flights to Doha during the World Cup, despite the rise in operating costs caused by the high number of aircraft flying in and out of the Qatari capital. “So far, the World Cup has been an incredibly exciting — albeit intensely busy time — […] December 14, 2022 Aviation UAE’s budget carrier Air Arabia to launch new airline in Sudan Sharjah-based Air Arabia will launch a new venture, Air Arabia Sudan, in partnership with DAL Group, the budget airline said in a statement on Friday. Khartoum-based Air Arabia Sudan will operate a fleet of Airbus A320 aircraft, pending regulatory approval. The statement did not provide any details on routes, schedules or fleet size but said […] September 23, 2022 Exclusive Aviation Private jets face backlog during World Cup Qatar authorities are putting restrictions in place to manage the expected surge in demand for landing slots from private jets flying to Doha for the World Cup. Operators have warned that wealthy football fans will need to be flexible with their plans, especially around the later stages of the tournament which takes place from November […] September 19, 2022 Tourism Dubai hotel rates surge by up to 75% during World Cup Dubai Marathon has been forced to move its upcoming race in December 2022 to February 2023, as organisers said the massive demand by football fans to base themselves in the emirate has resulted in a lack of hotel rooms, with average daily rates during the tournament rising by as much as 75 percent. “Thousands of […] August 30, 2022 Aviation Emirates ‘flies against grain’ with $2bn investment pledge Emirates president Sir Tim Clark has taken a swipe at his rivals, pledging to invest $2 billion while claiming others are cutting costs in response to industry pressures. The Dubai airline plans to enhance its inflight customer experience, including a programme to retrofit over 120 aircraft with the latest interiors, plus an array of other […] August 10, 2022 Exclusive World Cup 2022 A-listers to splash cash on extravagant World Cup parties A star-studded line-up is set to splash out on after-parties at the Qatar World Cup, according to the region’s event planners. F1 champion Lewis Hamiliton, supermodel Bella Hadid and singers Usher, The Weeknd and French Montana are among the celebrities flying out for the winter tournament, said Bally Singh, founder of the Rich List Group. […] July 2, 2022 Exclusive World Cup 2022 Most lavish World Cup package costs $1.6m – hotel not included UAE residents have bought 7,500 hospitality packages for the Qatar World Cup, with the most expensive option costing an eyewatering $1.6 million. Football fans wanting to attend Qatar 2022 matches have two routes: FIFA's ticket lottery, where prices start at 40 riyals ($10.99) for Qatar residents or 250 riyals for international supporters, or one of the official hospitality packages, which begin at $950. June 21, 2022 Posts navigation Previous 1 … 3 4 5 Next
Aviation Air Arabia takes off in Q1 2023 with 17% profit rise Sharjah-based Air Arabia reported a 17 percent increase in net profit to AED342 million ($93.14 million) in the first quarter of 2023, compared to AED291 million a year earlier. The low-cost airline posted a turnover of AED1.42 billion, a 27 percent increase year-on-year. More than 3.9 million passengers flew between January and March across the […] May 9, 2023
Video length: 03:07 Analysis Aviation How the battle for the Gulf’s skies has intensified Across and around the Arabian Gulf regional airlines find themselves returning to a very different and increasingly volatile market after the pandemic. Pre-Covid, aviation in the Gulf and many neighbouring nations was largely defined and dominated by Emirates, Qatar Airways and Etihad. Now, as the Big Three pursue resurgence, they are being increasingly challenged, not […] May 8, 2023
Aviation Air Arabia’s 2022 net profit soars 70% to $323m UAE-based low-cost carrier Air Arabia reported a net profit of AED1.2 billion ($326.70 million) for 2022, an increase of 70 percent, compared to AED720 million in 2021, driven by the growth in passenger numbers that exceeded pre-pandemic levels. The airline’s turnover reached AED5.2 billion in 2022, an increase of 65 percent, compared to AED3.2 billion […] February 14, 2023
Analysis Aviation Private jet demand to Doha soars despite World Cup price hikes Private jet operators have reported a massive surge in demand for flights to Doha during the World Cup, despite the rise in operating costs caused by the high number of aircraft flying in and out of the Qatari capital. “So far, the World Cup has been an incredibly exciting — albeit intensely busy time — […] December 14, 2022
Aviation UAE’s budget carrier Air Arabia to launch new airline in Sudan Sharjah-based Air Arabia will launch a new venture, Air Arabia Sudan, in partnership with DAL Group, the budget airline said in a statement on Friday. Khartoum-based Air Arabia Sudan will operate a fleet of Airbus A320 aircraft, pending regulatory approval. The statement did not provide any details on routes, schedules or fleet size but said […] September 23, 2022
Exclusive Aviation Private jets face backlog during World Cup Qatar authorities are putting restrictions in place to manage the expected surge in demand for landing slots from private jets flying to Doha for the World Cup. Operators have warned that wealthy football fans will need to be flexible with their plans, especially around the later stages of the tournament which takes place from November […] September 19, 2022
Tourism Dubai hotel rates surge by up to 75% during World Cup Dubai Marathon has been forced to move its upcoming race in December 2022 to February 2023, as organisers said the massive demand by football fans to base themselves in the emirate has resulted in a lack of hotel rooms, with average daily rates during the tournament rising by as much as 75 percent. “Thousands of […] August 30, 2022
Aviation Emirates ‘flies against grain’ with $2bn investment pledge Emirates president Sir Tim Clark has taken a swipe at his rivals, pledging to invest $2 billion while claiming others are cutting costs in response to industry pressures. The Dubai airline plans to enhance its inflight customer experience, including a programme to retrofit over 120 aircraft with the latest interiors, plus an array of other […] August 10, 2022
Exclusive World Cup 2022 A-listers to splash cash on extravagant World Cup parties A star-studded line-up is set to splash out on after-parties at the Qatar World Cup, according to the region’s event planners. F1 champion Lewis Hamiliton, supermodel Bella Hadid and singers Usher, The Weeknd and French Montana are among the celebrities flying out for the winter tournament, said Bally Singh, founder of the Rich List Group. […] July 2, 2022
Exclusive World Cup 2022 Most lavish World Cup package costs $1.6m – hotel not included UAE residents have bought 7,500 hospitality packages for the Qatar World Cup, with the most expensive option costing an eyewatering $1.6 million. Football fans wanting to attend Qatar 2022 matches have two routes: FIFA's ticket lottery, where prices start at 40 riyals ($10.99) for Qatar residents or 250 riyals for international supporters, or one of the official hospitality packages, which begin at $950. June 21, 2022
