The 2019 Dubai Airshow got off to a slow start on Sunday as only two aircraft sales were announced by the major manufacturers Boeing and Airbus. Boeing could claim a small victory by announcing a deal for two 787-9 Dreamliners to Biman Bangladesh Airlines worth $585 million. The two competitors are fiercely locked in a fight for sales in a Middle Eastern market that has been slowing the past year. Boeing’s VP of Marketing, Randy Tinseth, still sees optimism in…
The two main international carriers of the United Arab Emirates continue to attract the attention of the aviation industry. On Thursday, Emirates Airline reported a half-yearly profit of AED 862 million ($235 million), a massive 282 percent increase compared to the same April – September period in 2018. The carrier…
As reported in late January, Indian airline Jet Airways has been experiencing cash flow troubles that have forced the airline to delay salaries, payments to vendors and more. Aircraft deliveries have also been delayed as the Boeing 737 MAX was supposed to join the fleet in March but has since…
Etihad Airways is currently undergoing a spree of financial difficulties. As part of its efforts to adjust in size and scale in seek of better returns, the airline is rumored to have cancelled its remaining order of 42 A350s. The move was confirmed by Airbus yesterday, according to a FlightGlobal…
Abu Dhabi-based Etihad Airways has announced that it is planning to cut 50 pilot jobs by the end of January, according to a private internal memo released to employees on Thursday. The decision comes after the carrier incurred a significant loss this past year due to a rapid expansion strategy aimed…
Abu Dhabi-based Etihad Airways, alongside Jeddah-based Saudia, announced a new codeshare partnership that will enable both airlines to share their respective codes in hopes of growing the number of passengers onboard and increase revenue. The codeshare agreement will allow Etihad's code to be placed on several Saudia flights to Dammam,…
Qatar Airways continues to face struggles hampering their ambitious growth plans. In mid-2017, four countries suddenly cut diplomatic ties with Qatar, announcing all travel into and out of Qatar would be shut down indefinitely. Bahrain, Egypt, Saudi Arabia, and the United Arab Emirates took those drastic measures as Libya, the Maldives, and…
Etihad’s equity partnership in airlines is creating trouble yet again, this time with the perpetually money-losing machine better known as Jet Airways. Etihad, which already owns a 24 percent stake in Jet Airways, has proposed a new financial restructuring and support plan for Jet Airways which will result in an…
Word broke on Thursday of Emirates potentially acquiring Etihad, a piece of news that seems to re-appear every few months. Both airlines are state-owned by different emirates in the UAE. Emirates is owned by the government of Dubai while Etihad is owned by the government of Abu Dhabi. It’s no…
The African continent has a burgeoning aviation industry with growth expected to be around 6 percent annually. However, it accounts for less than 2 percent of the global aviation market at the moment, dominated by outside airlines. While the potential is there to grow the African aviation sector, many factors make…
