Tough economic conditions and Bahrain unrest push Gulf Air to reduce fleet.
The low-cost carrier reported a net profit of Dhs226 million in the third quarter.
The world’s largest Arab carrier witnessed a turnaround in profits in the first half of 2012 despite continued fuel price pressures.
The might of incumbent airlines has been tested in recent times by the growth of low-cost carriers. But do Middle East players have anything to worry about?
The airline’s president Tim Clark has said the carrier could make its most expensive purchase ever from Boeing.
Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.
Project contracts will be awarded by end of 2012, the Roads and Transport Authority has said.
The Abu Dhabi airline’s application for an operating permit was rejected by Ethiopia’s aviation authority.
The airport handled 4.78 million passengers in September 2012.
Abu Dhabi’s flagship carrier has bought two new A330-200s and converted seven A320s into the larger A321.
The massive hurricane is expected to hit the US east coast on Monday evening.
Akbar Al Baker said London’s Heathrow airport has already reached a “critical point.”
Gulf Business checks out the high-powered wheels driven by those who sit in the corner office.
The biometric seat being developed by the car maker will be able to monitor driver wellness and stress levels.
The two European aerospace giants cancelled their planned merger because of political impasse.
Dubai and Australia’s flagship airlines are waiting on the results of a competition watchdog’s ruling ahead of their planned alliance.
Abu Dhabi’s flagship airline is looking at more minority stakes to further expand its global reach, says CEO.
Passenger revenues were boosted by code sharing and partnerships.
Airlines are expected to earn $4.1 billion in 2012, up by 27 per cent from the $3.0 billion forecast in June.
Chief Executive Al-Baker says his airline will not join British Airways as part of the airline alliance.
Abu Dhabi’s flag carrier is eyeing further minority stakes in global airlines in continuing bid to compete with local rivals.
Growth in the first eight months of the year at Abu Dhabi’s International Airport jumped 21.5 per cent.
Dubai’s flagship airline will begin two additional flights to the archipelago, taking its weekly number up to 13.
The low-cost airline will now transport goods to Europe, the US and across Asia.
The Dubai carrier will use Airbus’ superjumbo on a permanent service, giving a 46 per cent rise in seat capacity.
The Abu-Dhabi developer behind the country’s railway network appoints Nasser al-Mansoori as its new chief executive.
The Dubai-based airline has denied it has any plans to buy stakes in any Indian carriers, after rules were lifted last week.
The airport’s cargo capacity is set to increase to 3.1 million tonnes by 2018.
Britain’s BAE Systems and Airbus-owner EADS are in advanced merger talks to create a European powerhouse in aerospace, defence and security.
Dubai-based Emirates is the only Middle Eastern airline to make the list of the world’s biggest global carriers by capacity.