Aviation Regional tensions fail to dampen Air Arabia’s ascent Fourth-quarter profit of Air Arabia, which trades on the Dubai Financial Market, rose 56 percent despite regional tensions and effective cost control, the company said. The low-cost airline, in which the government of Sharjah also has a stake, reported a net profit of AED351 million ($95.6 million) in the last quarter of 2024, compared to […] February 14, 2025
Aviation Abu Dhabi-backed Archer to develop hybrid defence aircraft Archer Aviation, the California-based air taxi operator, has raised $300 million in a new funding round that involved institutional investors including funds and accounts managed by BlackRock. Archer, which describes itself as an electric vertical take-off and landing (eVTOL) developer, said the capital raise will accelerate the development of its aircraft and a new defence […] February 13, 2025
Aviation Three vertiport locations identified in Abu Dhabi Al Bateen, Yas Island and Khalifa Port have been identified as locations for developing vertiports in Abu Dhabi after 14 potential sites were accessed. A detailed feasibility study has been submitted to the Abu Dhabi government following discussions with more than 34 government entities, according to a joint statement from LODD, an Abu Dhabi-based AI-powered drone […] February 12, 2025
Transport Arab airlines criticise EU over cost of green fuel policy Arab airlines have criticised the European Union for its policy on cleaner aviation fuels, which they say could drive their costs up by more than a quarter over the next eight years. The Arab Air Carriers’ Organisation (AACO) says the EU’s aviation sustainability policies involve inconsistencies that unfairly penalise non-European airlines and drive up costs […] February 11, 2025
Aviation Airbus expects Middle East aircraft fleet to double by 2043 Aircraft manufacturer Airbus expects fleet size in the Middle East to more than double in the 18-year period to 2043, the world’s third-fastest rate after China and the Asia-Pacific region. In its latest Global Market and Services Forecast, Airbus said Middle East demand, led by airlines in the Gulf, is estimated at 3,740 new aircraft […] February 11, 2025
Opinion Aviation Aircraft shortages lead Gulf carriers to brace for disruption The global aviation industry is feeling the weight of supply chain disruptions February 10, 2025