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Travel & Hospitality

Travel & hospitality news from the Middle East. All the important stories, plus authoritative opinion and analysis.

Boeing 737 Max

Leasing giant AerCap says Boeing will ‘bounce back’

The head of the world’s largest aircraft leasing company threw his weight behind Boeing on Monday, saying the jetmaker would overcome a spate of industrial and certification problems. “I think Boeing will bounce back. There are a few scenes in this movie to be played out yet,” Aengus Kelly, AerCap’s chief executive, told the Airline […]

Boat, Transportation, Vehicle

New Dubai tourism plans for world famous QE2

Hospitality giant Accor on Monday announced it has added the world-renowned cruise ship, the Queen Elizabeth 2 (QE2), to its portfolio as it looks to boost its luxury offerings in the UAE.  The cruise ship will undergo further upgrades and renovations prior to joining the MGallery Hotel Collection. No date has yet been confirmed for […]

Gulf’s top airlines take different paths to soar post-Covid

The air travel industry was among the worst hit globally by the coronavirus pandemic and its ensuing lockdowns and border closures — and the Middle East’s industry was no exception.  According to a report by McKinsey & Company, the pandemic caused global aviation revenues to drop by 60 percent in 2020, and airlines lost a […]

Lufthansa sees return to profit as air travel rebounds

Germany’s Lufthansa is looking to return to an operating profit this quarter as demand for travel rises with the easing of coronavirus curbs and the airline raises ticket prices to offset higher costs. The group, which owns the German airlines Lufthansa and Eurowings as well as Swiss, Austrian and Brussels Airlines, doubled sales in the […]

Cruise giant blames slow summer demand on Ukraine crisis

Royal Caribbean Group on Thursday flagged slow summer demand for European cruises due to the Ukraine crisis, after a dull first quarter as it reeled under a resurgence in coronavirus infections in some parts of the world. Shares of the cruise operator fell about 5 percent to $73.87 after Royal Caribbean Group said higher fuel […]

Airlines forecast higher fares after energy price spike

Airlines will pass on rising oil prices to passengers through higher fares relatively quickly, but the spike in energy costs will worsen the industry’s overall outlook in 2022, according to the head of the International Air Transport Association. Speaking after JetBlue launched a counter-bid for US budget carrier Spirit Airlines, director general Willie Walsh also […]

Airplane, Aircraft, Vehicle

Qatar Airways suffers setback in feud with Airbus

A British judge has denied a bid by Qatar Airways to reinstate a jet contractcancelled by Europe’s Airbus in the latest twist to a dramatic feud playing out in UK courts. The companies have been locked in a safety dispute for months on Europe’s A350 long-haul jet. Their unprecedented bust-up widened in January when Airbus revoked a separate deal for […]

Visitors to Turkey jump 130% in March

The number of foreign visitors arriving in Turkey jumped 129.7 percent from a year earlier to 2.08 million in March, data showed on Friday, as the sector continued to recover from the impact of measures to combat the spread of coronavirus since 2020. The arrivals compared with a level of 718,097 foreign visitors in March […]

Airbus wins backing for 2024 jet output

European planemaker Airbus looks set to raise narrowbody jetliner production for 2024 after reaching a compromise deal with at least two suppliers following months of wrangling over the speed of post-pandemic recovery. The world’s largest planemaker is restoring and slightly expanding pre-pandemic output for best-selling models as traffic rebounds in the West, but has been […]

China’s airlines post heavy losses on coronavirus curbs

China’s three biggest airlines have reported heavy first-quarter losses as prolonged coronavirus curbs weighed on travel demand and a weakening Chinese currency and rising fuel prices inflated costs, trends which persist in the current quarter. Analysts expect another year in the red for Chinese airlines as Beijing sticks with its zero-coronavirus policy to stop the […]

Hong Kong eases coronavirus rules for aircrews

Hong Kong will shorten mandatory hotel quarantine for passenger flight crews to three days from seven, while cargo crews will be exempt, modest steps at unwinding coronavirus curbs that have turned the city into one of the world’s most isolated places. The changes, which take effect in May, give the global financial hub’s aviation trade […]

Emirates widens refurbish plan amid delivery delays

Emirates will refurbish more of its existing fleet than previously planned,its chief commercial officer said on Tuesday, as the airline faces delays to deliveries of new Boeing jets and seeks assurances over concerns with the Airbus A350s it ordered. The Gulf carrier is spending over a $1 billion to refurbish the fleet which includes installing a new premium economy […]

Private jets see General Dynamics profit take off

Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.1 percent rise in first-quarter profit, as demand for private air travel during the coronavirus pandemic remained high. Shares were up 3.5 percent in morning trading to $245.16. Cautious passengers who opted for private flights instead of commercial flights due to fears of contracting coronavirus […]

Boeing shares plunge on fresh 777X setbacks

Boeing said on Wednesday it was halting 777X production through 2023 due to a fresh delay in its entry into service after certification problems and weak demand, with $1.5 billion in added costs for the mini-jumbo program. Shares of the US planemaker fell 11 percent to $146.62 in early trading – a nearly 1-1/2 year […]