Browsing: fleet expansion

Wizz Air Abu Dhabi was formed through a joint venture between Wizz Air Holdings and…

Etihad Airways posted a first-quarter net profit of AED 685 million ($186.5 million), marking a…

U.S. President Donald Trump announced on Thursday that the United States and the United Arab Emirates had secured agreements.

Air Arabia (PJSC), the largest low-cost airline in the Middle East and North Africa, reported strong financial and operational results

Dubai Aerospace Enterprise (DAE) Ltd has confirmed the completion of its previously announced acquisition of 100% of the issued share capital of Nordic Aviation Capital Designated Activity Company and its consolidated subsidiaries (“NAC” or “Nordic Aviation Capital”) from NAC Holdings Limited. The total enterprise value stands at approximately US$2 billion.

Air Arabia’s shareholders have endorsed a 25 percent cash dividend distribution for the fiscal year ending 31 December 2024, during the company’s Annual General Meeting (AGM).

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.

Etihad Airways transported 1.6 million passengers in February 2025, achieving an average load factor of 89 per cent, the airline announced.

Etihad Airways delivered a robust financial performance in 2024, recording a net profit of AED 1.7bn ($476m), driven by significant growth in passenger and cargo revenues.

Kuwait-based low-cost airline Jazeera Airways has announced plans to purchase six Airbus A320 CEO aircraft,…