Emirates SkyCargo, the freight division of Emirates, has transported KhalifaSat- the first satellite developed and built by Emirati engineers in the UAE at the Mohammed Bin Rashid Space Centre (MBRSC). As the first step in its journey to space, KhalifaSat … Continue reading Emirates SkyCargo transports first space satellite manufactured in the UAE
Novus Aviation Capital has successfully closed the purchase and leaseback of two brand new Airbus A321-200 aircraft, MSN 8061 and MSN 8076, with Vietjet airline of Vietnam. The two aircraft were delivered to Vietjet in January 2018 and are on long-term leases. This transaction is part of a larger deal between the two companies that would see multiple aircraft deliveries over the next 12 months. “We are pleased to complete our first operating lease transaction with Vietjet. The airline is experiencing impressive growth with promising future plans on the back of a thriving tourism scene in the country, which has … Continue reading Novus Aviation Capital closes purchase and leaseback of two new A321s with Vietjet
Agreement signed on the sidelines of the World Government Summit in Dubai reinforces strong aviation ties between the UAE and France Emirates, the world’s largest international airline, today signed a contract for 20 additional A380 aircraft and 16 options, firming … Continue reading Emirates firms up orders for 36 A380s worth US$ 16 billion
Air Arabia (PJSC) today announced full-year financial results for 2017 as the Middle East and North Africa’s first and largest low-cost carrier once again delivered high levels of profitability and growth across the breadth of its operations. Air Arabia’s net … Continue reading Air Arabia delivers record 2017 net profit of AED 662 million, up 30%
By Shereen Shabnam Falcon Aviation Services (FAS) is a reputable leader in the aviation market through the provision of innovative products and services and has become a name synonymous with safety, quality and reliable customer service. Its main operating base … Continue reading Soaring High – Falcon Aviation
The International Air Transport Association (IATA) announced global passenger traffic results for 2017 showing that demand (revenue passenger kilometers or RPKs) for the year ended 31 December rose 7.6% compared to 2016. This was well above the 10-year average annual growth rate of 5.5%. While the rate of demand growth slowed to 6.2% in December 2017, compared to December 2016, this largely was owing to less favorable comparisons to the even stronger growth trend seen in the year-ago period. Full year 2017 capacity rose 6.3%, and load factor climbed 0.9 percentage point to a record calendar-year high of 81.4%. “2017 … Continue reading 2017 Marked by Strong Passenger Demand, Record Load Factor
Valued at $49.5 billion, this is Airbus’ largest single announcement ever Airbus, Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be … Continue reading Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft
After a successful 2017, Turkish Airlines has now set its targets for 2018, the year in which the carrier will move its hub to the 3rd Airport of Istanbul. According to the non-consolidated 2018 budget that was approved by the Board … Continue reading Turkish Airlines impress with its “2018 Targets”
Emirates will introduce a new non-stop service between Newark Liberty International Airport (EWR) and Dubai from 1 June 2018, adding to its existing daily flight which operates with a stop in Athens, Greece. The new non-stop service will be operated … Continue reading Emirates Airline Logo Emirates to launch non-stop Dubai-Newark service with a second daily flight from 1 June
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