The Kingdom’s aviation authority launched its first sukuk in 2012 and raised SAR15 billion to fund the Jeddah airport development.
The Abu Dhabi airline is set to achieve a 22 per cent year-on-year increase in passenger numbers.
The expansion dovetails with the opening of Concourse A, the world’s first purpose-built A380 concourse, at Dubai International Airport in January
The Emirates CAE Flight Training Centre services over 200 aviation clients and trains more than 10,000 pilots and technicians a year
Qatar Airways and Bahrain’s Gulf Air have become the first foreign airlines to obtain carrier licences in the Kingdom.
Airline claims Lindner Depa Interiors was to build 19 airport lounges at New Doha International Airport by the summer “but failed to complete the project on time”
As part of the deal, Emirates will become the official airline of the ATP World Tour and the new title sponsor of the ATP Rankings.
The new facility at Terminal 3 of Dubai’s International Airport is scheduled to receive its first flight in January 2013.
The Indian carrier recently launched the Boeing 787 Dreamliner aircraft between Dubai and New Delhi.
Over 13.4 million passengers passed through the capital’s airport in the first 11 months of this year.
Dubai International Airport is set to surpass its projected passenger traffic target of 56.5 million in 2012.
Under the deal, BAE will deliver 12 Typhoon and eight Hawk aircraft to Oman’s armed forces starting in 2017.
The alliance includes switching Qantas’ hub to Dubai from Singapore for European flights.
Luxembourg bought the 35 per cent stake back for the original sale price of $117.5 million.
The deal will generate $242.70 million in revenue for the German carrier.
The civil aviation will also allow new carriers in an attempt to spur growth.
The Abu Dhabi-based airline is about to buy a stake in either Jet Airways or rival Kingfisher Airlines.
Take a look at the new Concourse A inside Terminal 3 of Dubai International.
A look at the new 500,000sqm Concourse A that has the capacity to handle 15 million passengers a year.
The new concourse A at Terminal 3 was tested by 1,000 volunteers.
Boeing’s Dreamliner 787 promises more efficient fuel technology and cleaner air for passengers.
The airline’s chief executive criticises Boeing as electrical faults force new 787 to remain on the tarmac.
Qatar Airways took delivery of the first of 60 Dreamliners last month with the third 787 joining the airline’s fleet a few days ago.
The additional widebody planes will help serve the carrier’s ongoing network expansion
Volatile oil prices and grey market competition are some of the main challenges that the regional business jet industry faces, says NasJet COO.
Traffic in the regional business aviation sector has risen 12 per cent in the past year.
Delta Air Lines is buying a 49 per cent stake in London-based Virgin Atlantic.
The Czech government said last week it was in early stage talks with Qatar Airways and Korean Air.
Dubai World Central is set to become the new hub for business aviation.
The Al Maktoum International airport was originally due to open for passenger traffic in March last year.