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Dubai-based airline Emirates has placed an order for an additional 15 Airbus A350-900s during the Dubai Airshow 2023, with the deal valued at $6B. This latest agreement increases Emirates’ total A350 order book to 65 units.

Connecting Saudi Arabia’s capital to the global stage through a focus on “point-to-point” travel is the central goal of Riyadh Air’s Chief Operating Officer, Peter Bellew. In a discussion with Gulf Business at the Dubai Airshow, Bellew highlighted Riyadh Air’s commitment to setting itself apart in the region through digital operations, a technologically skilled staff, and passenger-centric attitudes.

EDGE Group, a prominent advanced technology and defence conglomerate based in the UAE, has declared the purchase of a 50 percent stake in Flaris, an innovative Polish aviation firm specializing in cutting-edge personal jet development. Both entities will establish a collaborative venture, providing EDGE with the opportunity to advance Flaris’ jet portfolio. This collaboration will leverage their combined expertise to enhance the aircraft’s features and operational capabilities.

Emirates made history with its first flight powered by a blend of sustainable aviation fuel (SAF) from Dubai International Airport last month, a part of the airline’s sustainability efforts. Under a supply agreement with Shell Aviation, the flight to Sydney, EK 412, departed on October 24. Shell Aviation supplied 315,000 gallons of blended SAF to Emirates in Dubai, allowing the airline to operate multiple flights using this sustainable fuel.

UAE’s EDGE Group has confirmed the purchase of a 52% controlling interest in ANAVIA, a Swiss firm known for its expertise in creating versatile vertical take-off and landing (VTOL) systems weighing up to 750 kilograms and their associated capabilities. This acquisition solidifies EDGE’s position as a leading player in this highly specialized field.

The Helicopter Company, a wholly-owned subsidiary of the Saudi Public Investment Fund, has recently concluded an SAR 800M Murabaha facility agreement with Gulf International Bank – Saudi Arabia (GIB-Saudi Arabia).