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%
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
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”
Turkish Airlines reached the highest Load Factor in December with 79.7% LF Turkish Airlines has completed the year 2017 with a great success. The number of passengers in 2017 compared to previous year was increased of 9.3 percent and the … Continue reading Turkish Airlines has performed well beyond expectations in 2017.
Aircraft Interiors Middle East and MRO Middle East to Open This Week The key players and decision makers from the airline industry will be in Dubai World Trade Centre later this week, when Aircraft Interiors Middle East and MRO Middle East, produced by Aviation Week Network and Tarsus F&E LLC Middle East, take place 23-24 January. With 320 exhibitors expected, the event is set to be the largest yet, spanning all sectors within both the aircraft interior and maintenance, repair and overhaul industries. With around 5000 attendees expected to attend the co-located shows across the two days, AIME and MRO … Continue reading AIRCRAFT INTERIORS AND MRO INNOVATIONS COMING TO THE MIDDLE EAST
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