Sunday 29 May 2016
 
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Etihad Aviation Group, partners raise $500m additional funds

Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further $500 million in a second platform financing transaction, following the success of last year’s bond which raised $700 million.     James Ho

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New holiday planning tool launched for airlines, travel agents

TPConnects, a technology solution provider to the global trade, has launched Holiday Shopping, a new dynamic holiday packaging tool that enables airlines and travel agents to quickly and accurately build an entire holiday package through the TPConnects Travel Retailing Booking Engine.

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Muscat airport terminal to be ready by year-end

Construction work on the terminal for new Muscat International Airport is going as per schedule and will be completed by the year-end, said a report, citing a senior minister. The Passenger Terminal Package (MC3 package) is 91 per cent complete and the ministry and the relevant a

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Mideast hotel occupancy rates drop to 71.1pc

Hotels in the Middle East reported negative results in key performance metrics this April, posting a 1.8 per cent decrease in occupancy to 71.1 per cent compared to April 2015, said a report. Average daily rate for the month was down 10.8 per cent to $174.18 and revenue per avail

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No sign of technical problems before takeoff: panel

The EgyptAir jet that disappeared last week did not show technical problems before taking off from Paris, sources within the Egyptian investigation committee said late on Tuesday. The sources said the plane did not make contact with Egyptian air traffic control, but Egyptian air

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University of South Wales to establish aviation academy in Dubai

The University of South Wales has signed a memorandum of understanding (MoU) with Dubai Aviation City Corporation (DACC), wholly-owned by the Government of Dubai, for the establishment of the region’s first specialist campus facility offering advanced aerospace engineering education.

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Jumeirah Group appoints new director

Jumeirah Group, a Dubai-based luxury hotel company and a member of Dubai Holding, has appointed Nicola Johnson as its new director of global business development – UK, Ireland and Scandinavia – Leisure. Johnson has over 10 years’ international hospitality experi

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Dubai Holding unveils $272m waterfront development

Dubai Holding, a leading investment holding company, has announced the launch of its new waterfront destination, 'Marasi Business Bay,' to be developed along the creek within Business Bay destination at an estimated cost of Dh1 billion ($272 million).   A breakthroug

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Forensics head denies EgyptAir explosion reports

Egypt's head of forensics denied reports that an initial examination of human remains belonging to victims aboard the EgyptAir jet that crashed in the Mediterranean pointed towards an explosion, state news agency Mena said on Tuesday. "Everything published about this mat

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Escape to Seychelles this Eid Al Fitr

The luxurious Savoy Seychelles Resort & Spa invites GCC families and friends to celebrate Eid Al Fitr in utmost luxury and comfort, while enjoying the hotel’s special Eid dining and spa promotions. On the special occasion of Eid Al Fitr, where dining with friends and fa

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