Minister wants to ‘turbo charge’ investment opportunities on back of abundant air links
Move likely to be welcomed by resident and transfer passengers but both airports will be under scrutiny
Emirates, which may appeal the decision, started to fly the Malpensa-New York route in October last year.
The reduction follows ongoing political unrest in Ukraine.
The Gulf carrier is expected to give a proposal to the Italian airline soon to start formal talks on the potential investment.
German media reports last month said the UAE-based airline could increase its stake in Air Berlin to 49.9 per cent from the current 30 per cent.
The region saw the strongest passenger growth worldwide, IATA said.
AerLift Leasing was established in 2010, with Waha Capital owning a 60.7 per cent stake.
Etihad has finished reviewing Alitalia’s books as it considers whether to invest as much as 300 million euros via a capital increase, sources say.
A carrier must be more than 50 per cent owned and “effectively controlled” by an EU member state or EU citizens to obtain an operating license.
The Emirates App will allow passengers to manage their booking, check in online and download their boarding pass.
Flynas currently carries three million passengers annually and claims 15-18 per cent of the domestic air travel market.
Doha carrier looks to attract two-way traffic with new Oneworld member US Airways as it launches fifth US destination
The low-cost airline said all flights to and from Dubai between May 1- July 20 will operate out of Sharjah.
The expansion is part of British Airways’ investment in Saudi Arabia and the wider Middle East.
Fast-growing airport must keep up with Etihad’s growth ahead of Midfield Terminal Building’s launch
The carrier’s annual loss widened by 16 per cent to OMR113.34 million in 2013.
Dubai carrier’s double-decker fleet now the size of some international airlines
Etihad will take delivery of 18 aircraft this year that include 10 Airbus aircraft and eight Boeing planes.
Etihad’s chief executive confirmed that the initial loan of $40 billion to Air Serbia will be converted to equity.
Dubai on track to overtake London Heathrow as the world’s premier international passenger airport by 2015
Doha carrier looks to capitalise on Djibouti’s rising commercial profile
Dubai carrier makes unusual move and decides to drop new route
Battery issues are still being investigated by the U.S. National Transportation Safety Board.
Low-cost carrier’s move sees capacity stack up between Dubai and Moscow
Both the companies will jointly invest in a new fuel farm and a hydrant system that will enhance the fuel storage capacity of the airport.
The minister also said China’s release of satellite imagery of possible wreckage had been wrongly issued.
Investigators say that the plane flew for a total of five hours based on data sent to the ground from the Boeing Co 777’s engines as part of a standard monitoring program.
At least two passengers using stolen passports had boarded the missing Malaysian Airlines flight.
Higher oil prices due to tensions in Crimea and economic weakness in Argentina and Brazil are expected to weigh on profits.