Company Insights Air Arabia Aviation Air Arabia News 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 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 Posts navigation Previous 1 … 3 4 5 Next
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
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
