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Emirates Airline 2014 Net Profit Jumps 40% On Lower Oil Price

The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.

Boeing Poised To Clinch $3bn-Plus Kuwait F/A-18 Order

Kuwait has signed a formal letter stating its firm plans to buy newer-model Boeing jets, sources said.

Saudi Regulator Approves IPO Of Aviation Ground Handler

Saudi Ground Services Co, a unit of national carrier Saudi Arabian Airlines, plans to sell 30 per cent of its shares.

Qatar Airways Eyes Stake In India’s IndiGo, Warns Airbus On A380neo

The airline chief said that Indigo would be Qatar Airways’ preferred choice if it wanted to invest in India.

Qatar Airways’ Al Baker Says Will Need Two Years To Rebutt “Fictitious” Subsidy Claims

The airline chief also denied that its recent US route expansion was part of a reprisal to American carriers calling for a freeze to flights by Gulf airlines to the US.

Saudi Shipper Bahri Hopes To Issue Sukuk This Quarter

Bahri had previously said it planned to make the issue by the end of March this year and that the tenor would be 10 years.

Emirates Vows “Sledgehammer” Reply To Subsidy Allegations

Three American airlines alleged in January that Emirates, Etihad Airways and Qatar Airways received more $40 billion in state subsidies in the last decade.

Dubai Airport Passenger Traffic Up 7.25% Y-o-Y In March

Dubai Airports also said construction would begin later this year on expansion of the passenger terminal at Dubai World Central.

Qatar Airways To Launch Three New US Routes In 2016

The carrier also confirmed that it would add a second daily service to New York from March 1, 2016.

France, Qatar Sign $7bn Rafale Warplane, Missile Deal

The deal covers the sale of 24 Dassault Aviation-built Rafale fighter jets.

Emirates: Working On “Point-By-Point” Rebuttal Of US Carriers Subsidy Report

The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”

Airliner Diverted To UAE Airbase After Blast Warning

The state news agency said that the authorities resolved the situation using “appropriate standard procedures” after landing at the base.

Etihad To Start Second A380 to London From May 1

Two of the airline’s three daily flights to London will now be operated by the jumbo jet.

Bahrain-Dubai Joint Venture Closes Third Bombardier Deal

The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.

Air Arabia Jordan To Launch Services On May 18

Sharjah-based Air Arabia, which bought a 49 per cent stake in Petra Airlines in January, has rebranded the airline as Air Arabia Jordan.

Qatar Navigation Says Q1 Net Profit Up 4% On Core Business Growth

Milaha’s core units – Maritime & Logistics, Gas & Petrochem and Offshore – posted a combined increase in profitability of 71 per cent year on year.

UAE Aviation Firm Sanad Says Raises $90m Loan

The transaction will increase the company’s total borrowing to $600 million.

Dubai’s DP World Posts 4.4% Rise In Q1 Gross Container Volumes

Gross volumes totalled 15 million 20-foot equivalent units (TEU) in the opening three months of 2015.

Airbus Upbeat On Sales As A380 Marks Bitter-Sweet Anniversary

Airbus has booked no new airline orders for the jumbo jet since 2013.

Emirates Says Still Waiting To Hear From Airbus On A380 Revamp

Emirates has said it would look at placing an order for up to 200 of the so-called A380neo jets should Airbus go ahead with the update.

Rolls-Royce Wins $9.2 bn Engine Order From Emirates For A380s

The contract includes a long-term “Totalcare” package, which means Rolls-Royce will also provide service and maintenance to Emirates for the Trent 900 engines.

Boeing Sees F/A-18 Middle East Export Decision Soon

The company declined to name the country involved but it is widely reported to be Kuwait, which is considering renewing its fleet.

Jumbo Jets Airbus A380, Boeing 747 Face A Make Or Break Year

There were zero orders placed by commercial airlines for new Boeing 747s or Airbus A380s last year.

Dubai’s Ruler Issues New Law On Aviation Safety

The law regulates the usage of laser, fireworks, light beams and drones in Dubai’s airspace.

Emirates Launches Second Daily A380 To London Gatwick

Capacity rise on key London route coincides with arrival of its 60th A380 aircraft

Dubai’s RTA Begins Work On Dhs32m Cycling Track

The new track will connect the existing cycling path at Seih Assalam to Mohammed bin Zayed Road and onwards to Nad Al Sheba.

Changes To Gulf Open Skies Pacts Could Involve Price, Capacity Dumping Rules -Delta CEO

Delta and other U.S. airlines have charged their Gulf competitors with receiving more than $40 billion in subsidies from their home governments.

Saudi’s Bahri Says Q1 Net Profit More Than Doubles On Year-Ago

The company’s net profit for the three months to March 31 was SAR398.4 million.

Etihad Airways Added $1bn To Europe’s Economy In 2014

The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.

Saudi Arabia’s Ras Tanura Port Reopens After Shutdown

The port was shut on Monday because of poor visibility and strong winds.