Gulf Air posts best annual results since 2004

Gulf Air, the Kingdom of Bahrain’s national carrier, has posted its 2014 financial and operational results, the airline’s strongest financial results in a decade. The results reflect a fall in annual losses from BHD93.3 million in 2013 to BHD62.7 million in 2014 – equivalent to a 32.8% reduction. Commenting on the airline’s ongoing positive development … Read more

Etihad and partner airlines’ fundraising transaction increased to US$ 700 million

Etihad Airways and its equity partner airlines have increased the funds raised from their unique platform financing transaction to US$ 700 million following a surge in demand from international financial institutions. Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles, Aliltalia and Jet Airways announced on Tuesday they had successfully raised US$ 500 million … Read more

Etihad and key equity partners complete successful platform financing transaction

Etihad Airways, its airport services business and five of its equity partners have today successfully completed an innovative new platform financing transaction, raising $500 million on the international markets. Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles, Alitalia and Jet Airways have together taken a new step forward in their strategic business development … Read more

Kuwait Airways receives third Airbus 330

In continuation of its fleet development program, Kuwait Airways received the new Airbus A330 aircraft on 13thAugust 2015, belonging to the third from the five leased aircraft of the same type.  Kuwait Airways officials headed by Chief Executive Officer (CEO) – Abdullah Al-Sharhan, Department Directors and various senior representatives were present to receive the Airbus … Read more

Oman Air boosts number of flights to Paris

Oman Air is introducing the fifth frequency per week between Muscat and Paris Charles De Gaulle from 25th October 2015. Oman Air first launched flights from Muscat to Paris in 2009. Since then, its four flights per week have attracted huge demand for travellers from the Middle East to Paris, and from Paris to Muscat … Read more

Emirates enhances Algiers service

Emirates will be able to connect more people and cargo with Algiers on 1st October when it switches from its Airbus A340-300 currently operating the route to a larger Boeing 777-300 aircraft. “In line with the healthy commercial demand, we are pleased to introduce our Boeing 777-300 aircraft onto our Algiers route, offering our customers … Read more

Gulf Air in talks with Airbus Group on future fleet requirement

A meeting held between the Kingdom of Bahrain’s Minister of Transportation and Telecommunications H.E. Kamal bin Ahmed Mohamed, national carrier Gulf Air’s A/Chief Executive Officer Mr. Maher Salman Al Musallam, Chief Strategy and Marketing Officer, Airbus Group Mr. Marwan Lahoud and Managing Director Airbus Middle East Mr. Fouad Attar saw discussions on the airline’s future … Read more

Emirates Announces Capacity Increase to St Petersburg

Emirates today reinforces its commitment to Russia by announcing the upgrade of the aircraft servicing the St Petersburg route to a Boeing 777-300ER, increasing capacity and offering an enhanced onboard experience. Six weekly EK175/176 flights, from Dubai to St Petersburg, will be operated with an Emirates Boeing 777-300ER from 25 October 2015, instead of an … Read more

Emirates touches down in Mashhad

Emirates today extended its reach into Iran by linking Dubai with Mashhad, adding a second passenger gateway into the country after Tehran. Sheikh Majid Al Mualla, Divisional Senior Vice President Commercial Operations Centre for Emirates commented on today’s launch: “The new service to Mashhad, Iran’s second largest city and one of its most economically vibrant … Read more

flydubai adds Astana to its growing network

Dubai-based flydubai today announced the launch of its flights to Astana, the capital of Kazakhstan, extending the airline’s route network in the country to three destinations. The airline will operate four flights a week, starting from 26 October 2015, and will be the first Dubai-based carrier to serve this route. flydubai launched operations to Kazakhstan … Read more