Dubai, U.A.E., 20 August 2017:  Dubai Aerospace Enterprise (DAE) Ltd. has today completed the previously announced acquisition of the AWAS group of companies. The acquisition of AWAS propels DAE into the top tier of global aircraft lessors. DAE will now conduct its aircraft leasing business using the DAE Capital brand name. DAE Capital now features: an owned, managed and committed fleet of approximately 400 aircraft with a value of over US$14 billion; full service capability to 117 airline customers in 57 countries from offices in Dubai, Dublin, Singapore, Miami, Bellevue and New York; and over three decades of experience in the global leasing market. DAE Chief ......Read More

KEY POINTS: JUNE 2017 – JULY 2017 Initial airline financial results from Q2 2017 have been more robust than earlier in the year, and suggest that the squeeze on profit margins from higher costs and weak yields peaked in Q1. Meanwhile, having trended downwards since 2013, the latest monthly data suggest that passenger yields have now started to trend upwards. Exchange rate-adjusted yields were broadly unchanged from their year-ago level in May. Global airline share prices fell in July, driven by a decline in the North America index. Having seen airline shares outperform global equities over the past year, July’s decline appears, in part, to reflect profit taking by ......Read More

Health and safety tips for those travelling to Saudi Arabia to perform the annual Hajj pilgrimage  Dubai, UAE, August 16, 2017:  International SOS and Control Risks has issued the latest guidance to Muslims travelling from all over the world to attend Hajj in Saudi Arabia this month. Close to 2 million foreign and domestic pilgrims are expected to perform their religious duties in Mecca between August 30 and September 4, with many also travelling to Medina in the weeks before and after the pilgrimage. Hundreds of thousands of travellers have already arrived in Saudi Arabia, and local authorities and transportation hubs have been preparing for the busy period ahead. All ......Read More

Al Mansoori, 15, aims to keep astronauts healthy during space missions   Dubai, UAE, August 15, 2017:   UAE high school student Alia Al Mansoori’s experiment is on its way to the International Space Station. This is the culmination of the first UAE Genes in Space competition held in the UAE and made possible through a ......Read More

15th August 2017, Abu Dhabi:  Passengers travelling to or coming from Pakistan or India this week were treated to a terminal-wide festivities at Abu Dhabi International Airport, marking the Pakistan Independence Day on the 14th August, and the India Independence Day on 15th August. The celebrations included a flash mob that surprised ......Read More

Dubai, UAE, August 14, 2017:  Having the passenger satisfaction as a priority, Turkish Airlines continues to bring innovation to the unmatched travel experience, offered by the carrier. The airline has now started to provide specially designed baby packs in order to make its cross-continental flights more comfortable for the families who ......Read More

The session was headed by H.E. Dr. Ahmad Belhoul Al Falasi, Chairman of the UAE Space Agency 14 August 2017, Abu Dhabi, United Arab Emirates:  The new formation of the UAE Space Agency Board of Directors has met for the first time, chaired by H.E. Dr. Ahmad Belhoul Al Falasi, Minister of State for Higher Education. Board members ......Read More

Dubai, UAE, August 9, 2017:  The General Civil Aviation Authority of the United Arab Emirates denies allowing aircraft registered in the State of Qatar to cross the sovereign airspace of the state, adding that those aircraft are only  allowed to use the airspace managed by the UAE above international waters. ...Read More

SITA enables Miami Airport app users to quickly tap and clear immigration and customs Dubai, UAE, August 9, 2017:  Miami International Airport (MIA) is the first airport in the world to bring the convenience of Mobile Passport Control, the fast entry process into the USA, into its own airport app experience. US citizens and Canadian visitors arriving into Miami can now use the MIA Airport Official app to submit details to US Customs and Border Protection (CBP) and simply receive a barcode on their phone to present for clearance.  This convenient service, developed by global air transport IT provider SITA and certified by US CBP for Mobile Passport Control, speeds up the ......Read More

9th August 2017, Abu Dhabi, United Arab Emirates:  Abu Dhabi Airports has been awarded the UAE’s first Aerodrome Flight Information Services (AFIS) certification from the General Civil Aviation Authority (GCAA), for Sir Bani Yas Airport.  AFIS is provided at airfields where flight information is required, but where the aircraft ......Read More

Results exceeded analysts’ expectations and second quarter revenues reached AED 906 million First half 2017 net profit increases 7% and 12 new routes launched in the same period  Sharjah, UAE; 08 August 2017:  Air Arabia (PJSC) today announced strong financial results for the second quarter of this year ending June ......Read More

The licensing system has paved the way for the exponential growth of Abu Dhabi’s expanding events sector Mandatory register provides fast effective solutions for processing, licensing and promotion of all Abu Dhabi events Abu Dhabi, UAE – 08 August 2017:  The Abu Dhabi Events Licensing System (ELS), which was launched earlier during the year by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), has experienced unprecedented growth of 19.5% in total applications between Q1 and Q2.    Operated by TCA Abu Dhabi on behalf of Abu Dhabi Government, the ELS, a mandatory register of all business, leisure and public events in Abu Dhabi, is a ......Read More

Dubai, UAE, August 7, 2017:  Airbus logged orders for four jetliners from its A330 and A350 XWB widebody families in July, while delivering 47 aircraft from across its current-production single-aisle and widebody product lines during the month. The new business in July involved three A330-200s for International Airlines Group, along with ......Read More

Dubai, UAE, August 6, 2017:  The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period. This was in line with the 7.7% growth recorded in May. All regions reported growth. June capacity (available seat kilometers or ASKs) increased by 6.5%, and load factor rose 1.0 percentage point to 81.9%.   For the first six months of 2017, the industry experienced a 12-year high in traffic growth (7.9%) and a record first half load factor of 80.7%.   “A brighter economic picture and lower airfares are keeping ......Read More

Dubai, UAE, August 2, 2017:  Jazeera Airways today announced its second quarter financial results, reporting an operating profit of KD2.2 million, up 22.9% from the same period last year, and a net profit of KD2.3 million, reflecting a growth of 18.1% from the same period last year. Jazeera Airways’ positive results were driven by higher utilization, improved network planning, and a strong demand for travel during the quarter, which was airline’s best second quarter by flown passengers since Q2 2009.    Q2 2017 Financial and Operational Highlights:  Operating revenue: KD14.0 million, up 9.5% from Q2 2016 Operating profit: KD2.2 million, up 22.9% ......Read More

Dubai, UAE, August 2, 2017:  The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and nearly triple the industry’s average growth rate of 3.9% over the last five years.   Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 3.6% in the first half of 2017 compared to the same period in 2016. Demand growth continues to significantly outstrip ......Read More

Dubai, United Arab Emirates, August 02, 2017:  Dubai-based DC Aviation Al-Futtaim (DCAF), a joint venture between DC Aviation Group based in Germany and Al-Futtaim, has expanded its fleet under management with the addition of a Challenger 605 aircraft.  This brings the total number of aircraft under management to six including two ......Read More

LG Robots to Deliver Expert Service for Visitors to Korea DUBAI, August 1st, 2017 — As South Korea prepares for the largest winter sporting event in its history, LG Electronics (LG) is focusing on improving automated services at the main hub for the world’s travelers – Incheon International Airport (IIA). Starting on July ......Read More

One-off impairments on aircraft and equity investments contribute to US$1.87 billion net loss  Passenger revenues steady on record passenger numbers and 79% load factors  11% reduction in unit costs helps to offset pressure on yields Group-wide strategic review well underway to drive change and improve performance  Abu Dhabi, UNITED ARAB EMIRATES, July 27, 2017:  Etihad Airways today announced its 2016 financial results, recording a net loss of US$ 1.87 billion on US$ 8.36 billion in revenues as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline.     The core airline business achieved ......Read More

Al Shaibani: MBRSC’s membership at Sentinel Asia reflects the approach of giving and humanitarian support, and is in-line with 2017’s initiative - Year of Giving   Dubai, UAE, July 27, 2017:  Mohammed Bin Rashid Space (MBRSC) has joined Sentinel Asia, an international initiative among space agencies, disaster management agencies, and international agencies for applying remote sensing and Web-GIS technologies to support disaster management in the Asia-Pacific region. The Center joined the initiative as part of its support to disaster risk reduction, and will contribute by providing DubaiSat-2 high-resolution data and is willing to effectively contribute through its ......Read More

New SITA services includes South Africa’s first self-bag drop and mobile boarding   Dubai, UAE – 26 July 2017 – Lanseria International Airport is investing in SITA’s self-service technology that will add new convenience for passengers while providing improved common-use functionality for airlines. Using ......Read More

Dubai, UAE. July 26, 2017:  As a key part of its vision to operate sustainably, Armani Hotel Dubai has been awarded its first Green Globe certification. General Manager, Mark Kirby said, “Green Globe certification for Armani Hotel Dubai is a strong testament to our commitment to be a socially and environmentally responsible hotel ......Read More

Upgrade to widebody 787 Dreamliner provides significant capacity increase on key route Aircraft features industry-leading, award-winning cabins  Acclaimed Flying Nanny service now available on 787 Dreamliner flights to Beirut Dubai, UAE, July 25, 2017:  Etihad Airways today introduced the Boeing 787-9 on its scheduled daily ......Read More

23 July 2017 (Geneva):  The International Air Transport Association (IATA) and Airlines for America (A4A), have launched a year-long global campaign related to baggage tracking with the goal of reducing mishandled bags in addition to increasing efficiency in baggage operations.  Annually, more than 4 billion bags are carried by airlines globally. Less than 0.43 percent do not arrive with their owners. The industry is determined to do even better and has agreed to Resolution 753 (R753). By June 2018, airlines have committed to being able to track a bag when it is accepted at the airport, loaded onto the aircraft, transferred to the arrival system or put into the transfer system ......Read More