Home Industry Transport

Transport

Etihad And Serbia’s JAT To Sign Partnership Deal On August 1

The two airlines agreed to share route-booking codes in April but stopped short of an equity tie-up.

Qatar Grounds A Boeing 787 Due To Minor Glitch

The 787 has suffered a spate of mishaps in recent weeks, including a spontaneous fire on an Ethiopian Airlines-owned aircraft.

Toyota SUV Sales Record Strong Gulf Growth

Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.

Jet-Etihad Deal Hits Another Roadblock

The Indian capital markets watchdog has expressed reservations that the control of Jet stands the chance of passing into foreign hands post the deal.

Dubai’s Aramex Q2 Net Profit Rises 12%

The performance of the logistics firm was boosted by growth in core Gulf and African markets.

MENA Rail Contracts Hit $434m In Q1

The UAE rail network, which will form part of the planned Gulf-wide network, is expected to cost $10.9 billion with a 1,200 kilometre route.

Etihad Working Towards July 31 Jet Deal Deadline

The Abu Dhabi carrier agreed in April to buy a 24 per cent stake in Jet Airways but political concerns and scrutiny by Indian market regulators have delayed the deal.

Abu Dhabi World’s Best Market For Rolls-Royce

The UAE capital recorded the highest number of sales across the maker’s markets in the first half of 2013.

UAE’s Air Arabia Surges To Near 5-Year High

Air Arabia is the top trader on the UAE bourse after jumping 8.3 per cent to reach its highest levels since October 2008.

Emirates Skycargo Terminal At Dubai World Central Opening May 2014

Work is underway on 700,000sqm facility which will be supported by dedicated road feeder services to Dubai International.

India’s Jet: Etihad Investment Completed In A Few Months

Etihad in April agreed to buy a 24 per cent stake in Jet for $379 million and it is also making a $150 million equity investment in Jet’s frequent flyer programme.

Audi Middle East Sales Jump 20% In H1 2013

Audi’s pre-owned vehicle sales also witnessed substantial growth along with car sales.

Etihad Signs Codeshare With Korean Air

New codeshare strengthens partnership with Korean Air beyond the interline and special prorate agreements inked four years ago.

Sheikh Ahmed: Aviation Strategy Will Drive Growth

Dubai’s aviation sector is expected to account for 32 per cent of GDP by 2020, while the sector employs over five per cent of the workforce.

Emirates Starting Daily A380 Barcelona Services In February

The 517-seat A380 will be the first permanent superjumbo service to fly into Barcelona and replaces the Boeing B777-300ER.

Oman Air Opens First And Business Class Check-In

New facility provides premium passengers with a smoother start to their journeys and less waiting times

Etihad Seals $200m Simulator Deal with CAE

New simulators to be housed in academy extension and fill training gap for long-range aircraft.

Emirates To Start Sixth Daily Bangkok Service And Entering Ukraine

The airline will be effectively offering shuttle services throughout the day to Bangkok this winter.

Dubai’s New Address System To Ease Travel

The new 10-digit codes will eliminate the need for complicated and lengthy street addresses.

Emirates Starting A380 Mauritius Flights In December

The double-decker will cater to growing leisure demand and serve multiple destinations across Emirates’ global network.

Infiniti’s Global Name Change To Rollout In ME

The Infiniti FX will become the QX70, with its first appearance in the Middle East this year.

Etihad Posts Record Q2, H1 Revenues

The Abu Dhabi carrier attributed its eight per cent rise in Q2 revenue in part to its codeshare and equity alliance partners.

Dubai Metro Extends Timings During Ramadan

Public transport facilities including the metro and buses will operate on revised timings during the holy month.

Etihad Nears Deal To Invest In JAT Airways

Last month the Abu Dhabi carrier and JAT signed a preliminary agreement over a possible equity investment.

Dubai’s Al Sufouh Tram Project Gearing Up For Nov 2014 Start

The Roads and Transport Authority plans to sign MoUs for the tram project within the next few months.

Malaysia Airlines Restarting Dubai Flights

Carrier identifies demand for August resumption, but Emirates provides stiff competition.

Dubai’s Emirates Plans New Aircraft Lease Deal For A380

The airline plans to lease the Airbus A380 aircraft from a finance company that will issue $630 million of bond-type certificates to fund the purchase.

ME Airlines Will Need Almost 2,000 New Aircraft By 2031

Regional carriers are expected to see passenger traffic rise by 6.2 per cent annually over the next 20 years, says Airbus.

Rolls-Royce “Clearly Fell Short” With Qantas Engine Failure

ATSB report found oil leak led to a fire in the Trent 900 engine, which caused the break-up of a turbine disc and aircraft damage

DP World Increases Dubai Port Capacity

The extension of Terminal 2 by one million TEU increases total capacity to 15 million TEUs.