Browsing: Aviation

Dubai Aerospace Enterprise (DAE) Ltd has finalised agreements with multiple counterparties to acquire 17 aircraft for a total investment of approximately $1.0B. This strategic move aligns with the company’s ongoing efforts to expand its fleet and enhance its market position in the global aviation sector.

Wizz Air Abu Dhabi has reported record-breaking results for 2024, achieving more than 20% growth in seat capacity and passenger numbers year-on-year. The joint venture between ADQ and Wizz Air Holdings PLC operated over 19,000 flights with a 99.8% completion rate, offering more than 4.4M ultra-low-cost seats and carrying over 3.5M passengers. This contributed 25% to Zayed International Airport’s point-to-point traffic.