Friday 22 August 2014
 
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GACA

Foreign airlines set to service Saudi cities

Saudi Arabia’s civil aviation watchdog will initiate quick action to enable newly licensed foreign airlines to operate flights between Saudi cities in a move to meet the growing passenger demand, a report said. Higher jet fu

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Saudi to fine rule-breaching airlines

Saudi Arabia’s General Authority of Civil Aviation (Gaca) will impose penalties on carriers that breach rules and regulations, a report said. According to the new instructions issued to carriers that fly Haj pilgrims, Gaca w

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Saudi Arabian in $2.9bn debt to Gaca

Saudi Arabian Airlines, the national carrier of the kingdom, is in debt and owes the General Authority for Civil Aviation (Gaca) up to SR11 billion ($2.93 billion), a report said. Senior government officials mediated and arranged a repa

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Safa wins Saudi Gaca approval to train pilots

Saudi Aviation Flight Academy (Safa) has won a key approval that it says will support its efforts to establish a complete and professional flight academy for Saudi Arabia. Safa, which has been declared a Part 141 approved pilot sc

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Saudi airports agency picks banks for huge sukuk

Saudi Arabia's state airports operator has picked three banks to arrange the second tranche of its local Islamic bond programme, banking sources said on Tuesday, with a sale seen matching the firm's recor

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New airline operations in Saudi may take 3-6 months

  Foreign airlines may need about three to six months to obtain operating licences letting them enter Saudi Arabia's domestic aviation market, a spokesman for the General Authority for Civil Aviation (GACA) has said.

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Canada aviation specialists win Saudi nod

Canada-based Flying Colours Corporation said it has won approval from Saudi General Authority of Civil Aviation (GACA) to carry out maintenance work on aircraft registered in the Kingdom. Flying Colours are specialists in completi

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Riyadh airport expansion to start in Nov

Saudi Arabia expects to begin construction work in November to triple capacity at its Riyadh airport and expects the project to be completed by 2015, the General Authority for Civil Aviation (GACA) said on Tuesday. "The expansion will incl

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HSBC leads $4bn Saudi Sukuk

HSBC Saudi Arabia said it had led a very successful SR15 billion ($4 billion) 10-year Sukuk issuance for the General Authority of Civil Aviation (GACA). The funds from the Sukuk issuance will be used for the construction of the new King Ab

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Saudi Gaca plans second sukuk at year end

Saudi Arabia's General Authority for Civil Aviation (Gaca) plans to issue its second sukuk at the end of the year to help fund its 27 billion riyal ($7.2 billion) airport in Jeddah, its top executive told Al Arabiya. 'The second is

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