Tag: GlobalAviation

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Air Arabia reports net profit of AED 230 million in first half of 2018, carrying a solid 4.2 million passenger

Business & Lifestyle Publishing

Air Arabia (PJSC) today announced strong financial results for the first half ending June 30, 2018 as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver solid and sustained financial performance. Air Arabia reported a net profit of AED 230 million for the first half ending June 30, 2018; a 12 per cent less than the AED 261 million reported for the same period last year. The company’s turnover for the first six months of 2018 reached AED 1.816 billion, an increase of 6 per cent compared to AED 1.716 billion in the corresponding period … Continue reading Air Arabia reports net profit of AED 230 million in first half of 2018, carrying a solid 4.2 million passenger

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All Lufthansa Group airlines achieve substantial growth in the first half of 2018

Business & Lifestyle Publishing

Lufthansa Group increased its total first half-year revenues by 5.2 percent in 2018, excluding the impact of the first-time application of the IFRS 15 accounting standard. Reported total first half-year revenues amounted to EUR 16.9 billion, broadly in line with the prior-year level. Traffic revenue for the first six months totaled EUR 13.2 billion, which, excluding the first-time impact of IFRS 15, represents an increase of 7.0 percent. Adjusted EBIT – the key profit metric of Lufthansa Group – was roughly at its prior-year level at EUR 1,008 million. Adjusted EBIT margin amounted to 6.0 percent (compared to 6.1 percent … Continue reading All Lufthansa Group airlines achieve substantial growth in the first half of 2018

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GAC Abu Dhabi joins Abu Dhabi Airports Free Zone

Business & Lifestyle Publishing

Abu Dhabi Airports Free Zone (ADAFZ) today announced leading international logistics firm GAC Abu Dhabi as the latest addition to its cargo terminal free zone site. As a result of its free zone status, GAC Abu Dhabi is set to enhance its customer experience, allowing cargo to be transferred to any other free zones in the UAE without having to pay customs duty. The move to the ADAFZ free zone also brings new benefits of 100% foreign ownership and 0% corporate or personal income tax. In addition, registered free zone companies pay no import or re-export duties, have no restrictions … Continue reading GAC Abu Dhabi joins Abu Dhabi Airports Free Zone

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Emirates SkyCargo partners with Gargash to transport Alfa Romeos for celebrity motor rally

Business & Lifestyle Publishing

Cars flown to London to mark Dubai based Gargash’s 100th anniversary Emirates SkyCargo, the freight division of Emirates, and Gargash, one of the largest distributors of premium and luxury cars in the UAE, have partnered to transport two Alfa Romeos from Dubai to London for the prestigious Gumball 3000 motor rally. The two cars, an Alfa Romeo Stelvio Quadrifoglio and an Alfa Romeo Giulia Quadrifoglio were transported onboard an Emirates SkyCargo Boeing 777 freighter from Dubai to London. Emirates SkyCargo’s Boeing 777 freighter aircraft can carry up to 100 tonnes of cargo and with its wide main deck doors allows … Continue reading Emirates SkyCargo partners with Gargash to transport Alfa Romeos for celebrity motor rally

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General Civil Aviation Authority signs agreement to increase air traffic capacity between the UAE and Canada

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During the recent visit of his Highness Sheikh Abdulla bin Zayed Al Nahyan, Minister of Foreign Affairs and international cooperation to Canada. His Excellency Engineer Sultan bin Saeed Al Mansoori, Minister of economy and Chairman of the General civil aviation … Continue reading General Civil Aviation Authority signs agreement to increase air traffic capacity between the UAE and Canada

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A new class of Business Jet – Bombardier Business Aircraft’s Global 7500

Business & Lifestyle Publishing

By Shereen Shabnam The standards of luxury and performance are redefined with Bombardier’s show-stopping new ultra-long range Global 7500business jet which will stand apart as the largest, most luxurious business jet ever built. The Global 7500aircraft boasts an unmatched range of 7,700 nautical miles, a full 300 nautical miles further than initial commitments. It is the only business aircraft that can connect New York to Hong Kong, and Singapore to San Francisco, nonstop, depending on the operating conditions. The Global 7500aircraft cabin interior is a completely clean-sheet design. With seating for up to 19 passengers, every detail of this aircraft … Continue reading A new class of Business Jet – Bombardier Business Aircraft’s Global 7500

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DC Aviation Al-Futtaim expands managed aircraft fleet

Business & Lifestyle Publishing

DC Aviation Al-Futtaim (DCAF) has added another Bombardier Challenger aircraft to its managed fleet. The management contract will see DCAF provide full Flight Operational Aircraft Management services, in-house maintenance, Continuous Airworthiness Management Organization (CAMO), hangar parking and FBO handling at its facility at Al Maktoum International Airport. Holger Ostheimer, Managing Director, DC Aviation Al-Futtaim said, “We welcome the addition of the new aircraft to our managed fleet and are extremely pleased that aircraft owners continue to place their trust in us. It is a true testamentofour expertise and service offerings that we continue to attract interest from owners and operators … Continue reading DC Aviation Al-Futtaim expands managed aircraft fleet

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Turkish Airlines continues its growth trend without slowing down.

Business & Lifestyle Publishing

The flag carrier airline, who announced the traffic results for June 2018, has now reached the highest first-half Load Factor (LF) rate of its history with 80.4%. Turkish Airlines, that announced the results of June 2018 passenger and cargo traffic, achieved the highest rate of Load Factor (LF) in the first six months of its history with a brilliant performance of 80.4%. The double-digit growth that the flag carrier recorded in the number of international non-transit passengers, marks an increasing interest in Turkey. According to the June 2018 Traffic Results; During the period of June 2018 passengers carried increased by … Continue reading Turkish Airlines continues its growth trend without slowing down.

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SITA’S BAGJOURNEY – INDUSTRY CHOICE FOR 100% BAG TRACKING

Business & Lifestyle Publishing

20 airlines sign up to use SITA’s technology in just six months Global air transport IT provider SITA has announced that its technology, BagJourney, is managing baggage for an increasing number of the world’s airlines. In the first six months of this year alone, more than 20 airlines have chosen the solution. SITA BagJourneyis one of the key technologies helping the industry meet the IATA Resolution 753 requirement to track every stage of every bag’s journey. To meet the conditions of Resolution 753, airlines must track every item of baggage at four key points in the journey: at check-in, loading … Continue reading SITA’S BAGJOURNEY – INDUSTRY CHOICE FOR 100% BAG TRACKING