Browsing: Aviation

Abu Dhabi, UAE — Etihad Airways today announced its results for the full year 2023,…

ICRA projects that Indian air passenger traffic will grow between 8 to 13 percent in FY24, reaching 150-155 million and surpassing pre-Covid levels. The ongoing recovery in domestic and international air passenger traffic, coupled with a relatively stable cost environment, supports this positive outlook

Abu Dhabi Airport’s Terminal A is set to entice more airlines to initiate flights to the UAE capital while strategically boosting operations to accommodate a projected increase in capacity to 65 million passengers within the next decade, up from the current 45 million. Elena Sorlini, Managing Director and Interim CEO of Abu Dhabi Airports, emphasized efforts to leverage government-to-government relations, particularly targeting Asia and China.

The Dubai Airshow 2023 observed aviation transactions surpassing $101B and has been recognised as the most extensive edition in the history of this prominent industry event. Significant deals and major announcements marked the Dubai Airshow 2023, underscoring its pivotal role as a crucial centre for the aerospace and defence sectors.

The UAE’s strategy to build and deploy a set of highly precise radar satellites has taken a significant step forward. The UAE Space Agency has established an industrial consortium to advance the “Sirb” project, with the potential for the initial satellite launch by 2026.

GAL AMMROC, a prominent global provider of integrated aircraft readiness solutions and military maintenance, overhaul, and repair (MRO) services, has declared the formalization of a Memorandum of Understanding (MoU) with Archer Aviation Inc., a leading player in electric vertical take-off and landing (eVTOL) aircraft.

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.

Collaborating with the Ministry of Defense and security agencies, the UAE government entity Tawazun Council…

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.