Business and finance

Business and finance

Air Algérie aquires Tassili Airlines to create national domestic carrier

25 June 2025

Air Algérie has announced in a statement the signing of a MoU with Sonatrach Holding for external and support activities, facilitating the transfer of…

Air transport

Paris Airshow: Turkish Airlines ‘closing gap’ on Boeing order

17 June 2025

Turkish Airlines is “closing the final gap” with Boeing on a potential large aircraft order even if the June 12 crash of an Air India Boeing 787 means…

Business and finance

Mango Airlines remains a subsidiary of South African Airways

17 June 2025

South African Airways (SAA) has clarified in statement that Mango Airlines (SOC), that was placed in business rescue in August 2021, remains a…

Business and finance

Etihad saw May’s passenger numbers grow by 19%

16 June 2025

Etihad Airways has released its latest traffic statistics for May 2025, highlighting continued expansion and customer demand.

Events

Modi flags aviation potential of “sun-rising” India at IATA AGM

03 June 2025

India is putting the rise of its blossoming aviation industry at the centre of its economic growth story; Prime Minister Narendra Modi told a packed…

Air transport

Riyadh Air signs partnership MoU with Air France - KLM

02 June 2025

Riyadh Air, the Saudi Arabian new national carrier, is continuing to step up its partnerships ahead of its planned entry into service.

Air transport

IAG Cargo, Qatar Airways Cargo and MASkargo enter partnership

02 June 2025

IAG Cargo, Qatar Airways Cargo and MAB Kargo Sdn Bhd (MASkargo) are to launch their joint collaboration Global Cargo Joint Business.

Business and finance

IATA: Airline profitability strengthens in 2025 despite headwinds

02 June 2025

In its latest update on industry performance, IATA said its 2025 airline financial outlook pointed towards improved profitability from the previous…

Events

Blocked funds problem persists as Mozambique becomes the worst offender

01 June 2025

States in Africa and the Middle East (AME) make up 85% of the $1.3 billion in airline funds blocked for payment by governments, Kamil Al-Awadhi…

Business and finance

Air Arabia and Mbank transform air travel payments with AE Coin

30 May 2025

Air Arabia and Al Maryah Community Bank (Mbank), the UAE’s first fully integrated digital bank, have partnered to enable the use of AE Coin payments…

Business and finance

Visa-AFRAA study provides insights for African Airlines

21 May 2025

In the highly competitive airline marketplace, the efficiency and security of payment systems are pivotal components that can significantly impact…

Business and finance

Etihad Airways reports record results of US$187 million

21 May 2025

Etihad Airways has delivered record-breaking financial performance and highest-ever customer satisfaction performance in the first quarter of 2025.

Maintenance

AMAC Aerospace Turkey redelivered Dassault Falcon F2000EX EASy

20 May 2025

In April, AMAC Aerospace Turkey conducted line maintenance on a Dassault Falcon F2000EX EASy at the hangar in Istanbul.

Business and finance

Qatar Airways Group announces strongest financial results in its history

19 May 2025

Qatar Airways Group has announced the strongest set of financial results in its history.

Air transport

Etihad Airways orders 28 wide-body Boeing aircraft

16 May 2025

Etihad Airways has confirmed an order for 28 wide-body Boeing aircraft.

Business and finance

Qatar-Rwanda airline tie-up to be finalised shortly

15 May 2025

Senior executives from RwandAir and its holding company Aviation Travel and Logistics (ATL) say the long-touted deal for Qatar to take a 49% stake in…

Business and finance

Air Arabia reports Q1 2025 net profit up 34%

15 May 2025

Air Arabia has reported a strong first quarter of 2025 financial and operational results, as the airline continued to expand its network.

Air transport

Qatar Airways places mega-order with Boeing for 160 long-range aircraft

14 May 2025

Qatar Airways has placed an order with Boeing for at least 160 widebody aircraft – said to be valued at over $200 Billion.

Business and finance

Turkish Airlines mandates Sompo AXIS Aviation Finance Insurance product

14 May 2025

Turkish Airlines has mandated the first financing structure to use the Sompo AXIS Aviation Finance Insurance (SAAFI), Aviation Non-Payment Insurance…

Business and finance

Etihad Airways reports strong performance during April 2025

13 May 2025

Etihad Airways has released its traffic statistics for April 2025, demonstrating continued strong growth and performance.

Business and finance

Jazeera Airways sees robust Q1 2025 results

12 May 2025

In Q1 2025, Jazeera Airways delivered a record first quarter profitability, posting a net profit of KD 4.7 million ($15,280 Million).

Business and finance

AerCap and EgyptAir strengthen strategic partnership

09 May 2025

Aircraft leasing company AerCap and EgyptAir have deepened their partnership to support EgyptAir’s fleet modernisation and expansion strategy.

Business and finance

Emirates Group achieves record profit of US$ 6.2 bn in 2024-25

08 May 2025

The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels.

Business and finance

AviLease obtains investment grade ratings from Moody’s and Fitch

07 May 2025

AviLease has received investment grade corporate credit ratings of Baa2 with a stable outlook from Moody’s Ratings (Moody’s) and BBB with a stable…

Business and finance

Flynas announce IPO to accelerate growth ambitions

06 May 2025

Flynas, Saudi Arabia’s low-cost carrier, said it will proceed with an initial public offering (IPO), under which it will sell shares representing 30%…

Air transport

IATA: Aviation is a key contributor to Egypt’s economy

29 April 2025

IATA has released a study measuring the significant economic and employment benefits aviation (including aviation-related tourism) generates for…

Business and finance

AviLease closes $1.5bn revolving credit facility

28 April 2025

Global aircraft lessor AviLease, headquartered in Saudi Arabia, has closed an unsecured revolving credit facility (RCF) of $1.5bn.

Business and finance

Boeing opens new administrative office in Ethiopia

23 April 2025

Boeing has expanded its presence in Africa with the opening of a new office in Addis Ababa, Ethiopia, to serve as the company’s administrative hub in…

Air transport

IATA highlights aviation’s substantial economic impact in the UAE

16 April 2025

IATA has released a study quantifying the substantial value that aviation (including aviation-related tourism) generated for the UAE in terms of jobs…

Air transport

Indian travellers can benefit from UAE-India air services liberalisation

02 April 2025

A well-planned expansion of India–UAE air services will drive economic growth, create jobs, boost trade and tourism, and strengthen bilateral ties,…

Airports

Morocco to invest $1.5 billion expansion of Casablanca airport

27 March 2025

Morocco’s airport authority ONDA said it plans to invest $1.55 billion to build a new terminal at its largest airport, Casablanca.

Airports

Ethiopian Airlines and AfDB to build Africa’s largest airport

17 March 2025

Ethiopian Airlines has signed an agreement with the African Development Bank (AfDB) to develop Africa’s largest airport—the Bishoftu International…

Business and finance

Dubai Aerospace Enterprise to acquire 17 aircraft for US$1.0 Billion

14 March 2025

Dubai Aerospace Enterprise (DAE) has recently signed agreements with multiple counterparties to acquire 17 aircraft for an aggregate consideration of…

Business and finance

Zela Aviation to support ACMI leasing with XEJet Nigeria

12 March 2025

Zela Aviation has entered a strategic partnership with Nigerian airline XEJet, having been mandated to promote the availability of its Embraer E145…

Events

Aviation India 2025 announces supporting Association partners of India

11 March 2025

Times Aerospace Events will host the second Aviation India and South Asia Summit and Exhibition from 29-30 October 2025 at the JW Marriott, Aero City,…

Business and finance

Turkish Airlines reports US$2.4 billion profit for 2024

05 March 2025

Turkish Airlines made US$2.4 billion profit in 2024 in what the airline said was a ‘challenging’ aviation industry hit by geopolitical and global…

Air transport

Qatar Airways Group and Virgin Australia enter partnership

27 February 2025

The Australian Government has approved Qatar Airways Group’s minority 25 per cent stake in Virgin Australia.

Business and finance

Flydubai reports strongest Financial Results in its 15-year history

24 February 2025

Flydubai has reported ‘record-breaking’ annual results for its financial year ending 31 December 2024.

Business and finance

Etihad announces highest ever profit of US$476 Million in 2024

19 February 2025

It saw a US$ 476 million profit after tax driven by US$ 5.7 billion passenger revenue and US$ 1.1 billion cargo revenue, alongside significant…

Events

ABU DHABI: ICAO’s Finvest Hub drives sustainable aviation investment

12 February 2025

The ICAO Finvest Hub is a global platform designed to connect aviation stakeholders with investors, financial institutions, and policymakers to…

Events

Airlink receives 2025 Ubuntu Economic Diplomacy Award

11 February 2025

Airlink has received the Department of International Relations & Cooperation’s 2025 Ubuntu Economic Diplomacy Award for a South African business…

Events

ABU DHABI: Global ministers call for continued investment in aviation

10 February 2025

Aviation remains a critical lifeline for remote regions and a key driver of economic growth.

Air transport

Boeing forecasts growth for India’s commercial fleet over next 20 years

07 February 2025

Boeing forecasts India and South Asia’s commercial aircraft fleet will grow nearly four-fold over the next 20 years.

Events

Egypt and the UK strengthen aviation ties

04 February 2025

Dr. Sameh Elhefny, Egypt’s Minister of Civil Aviation, has participated in a dialogue session titled “Shaping the Future of Egyptian Civil Aviation”…

General aviation

Airbus Helicopters chief upbeat on Middle East market after strong 2024

28 January 2025

Airbus Helicopters sees continued strong demand in the Middle East after boosting total orders by around 10% in 2024 across civil and military…

Business and finance

GACA of Saudi Arabia to showcase investment opportunities

20 January 2025

GACA of Saudi Arabia will present aviation investment opportunities on the sidelines of the World Economic Forum Annual Meeting in Davos this week.

Business and finance

Etihad Airways finished 2024 with continued brisk performance

14 January 2025

Etihad Airways has released its traffic statistics for December 2024 showing the airline welcomed 1.7 million guests during the month.

Air transport

GACA announces 'exceptional growth' in Saudi’s aviation sector during 2024

10 January 2025

Saudi Arabia’s aviation sector saw ‘exceptional growth’ in 2024, reports The General Authority of Civil Aviation (GACA).