ACI’s 2024 rankings name Dubai International the top airport for connectivity across the Middle East and Asia-Pacific regions
Aviation
Flynas IPO attracted $109bn in orders, retail subscription open
Saudi Arabia’s flynas set IPO price at SR80 per share
India’s IndiGo co-founder plans $800mn stake sale: Report
This is Gangwal’s third share sale since March 2024, having previously sold shares worth over $2 billion via block trades
Saudi’s Matarat, Thales sign MoU to boost airport innovation, passenger experience
Partnership aims to integrate cutting-edge technologies for operational excellence and secure passenger journeys across 27 airports in Saudi Arabia
Dubai’s flydubai unveils pilot training to fuel rapid expansion, bolster workforce
flydubai has built a strong workforce of more than 6,400 employees representing 144 nationalities, more than 1,330 of whom are pilots
Flynas prices IPO at top of the range after frenzied institutional interest
The first Middle East airline IPO in 20 years will be priced at $21.33 after institutional investors placed orders of $109bn for the $1.1bn sale
Etihad announces record Q1 profit of $187m
Increased passenger demand carries Etihad Airways to a 30 per cent increase in profit after tax
Air France launches direct Riyadh–Paris route with Airbus A350
Air France is currently operating three times per week; the service will increase to five flights weekly by 18 June this year
Qatar Airways announces record $2.15bn profit
Qatar Airways Group reports $500m increase in profit for the 24-25 fiscal year
Etihad boosts US network with flights to Charlotte from 2026
Etihad Airways to launch direct flights to Charlotte, North Carolina
Etihad Airways confirms order for 28 wide-body Boeing aircraft
Etihad to expand fleet with new Boeing 787 and 777X planes
India’s IndiGo launches direct flights to Fujairah from Mumbai
The new service marks IndiGo’s 41st international destination
GE Aerospace, Qatar Airways strike record engine deal during Trump visit
GE Aerospace secures massive engine deal with Qatar Airways, supplying GE9X and GEnx units to power 777-9 and 787 aircraft
Parsons wins key contracts for Saudi Arabia’s King Salman International Airport
Infrastructure specialist to oversee airfield and landside development at King Salman International Airport, spanning 57 square kilometers
Air Arabia net profit soars 34% as number of passengers increases by 11%
First-quarter turnover increases to $480mn, leading to net profit of $96.66mn; Airline adds two new Airbus A320 aircraft to its fleet
Saudi aircraft lessor AviLease orders 30 Boeing 737-8 jets
The deal is reinforcing AviLease’s goal of becoming a top 10 global leasing company
Major progress at Dubai’s Al Maktoum International Airport: Contracts awarded, AI, biometric and robot services planned, 260m passenger target
Al Maktoum International Airport in Dubai is progressing well with contracts awarded and ambitious plans for the future of aviation