Monday 11 December 2017
 
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budget carrier

Air Arabia opens new sales office in Dubai

Sharjah-based Air Arabia, a leading low-cost carrier in the Middle East and North Africa (Mena) region, has further strengthened its operations in Dubai with the opening of a new sales office and city terminal check-in services in the city.

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Bombardier wins big order from India's SpiceJet

Canadian plane maker Bombardier has announced that it has sealed a firm purchase agreement with Indian low-cost carrier SpiceJet for 50 Q400 turboprop airliners, making it the largest single order ever for the Q400 turboprop aircraft program and

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Saudi Arabia launches budget airline Flyadeal

Saudi Arabian Airlines (Saudia), the national carrier of the kingdom, has launched its new affiliate low-cost airline Flyadeal during an event at the King Abdulaziz International Airport in Jeddah. Saleh bin Nasser Al-Jasser, dire

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AirAsia receives $1bn offer for leasing unit: report

Asia's largest budget airline AirAsia has received a $1 billion offer for its aircraft leasing unit, Bloomberg News quoted chief executive Tony Fernandes as saying. AirAsia intends to divest the business, Asia Aviation Capital

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Saudi budget carrier Flyadeal eyes 50 aircraft by 2020

Saudi Arabian budget carrier Flyadeal, launched last week, aims to have up to 50 planes flying by 2020, a senior executive said on Monday. Flyadeal, a subsidiary of the state-controlled holding company that also owns national carr

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AirAsia plans expansion in southeast Asia

With low oil prices reducing its operating costs, AirAsia chief executive Tony Fernandes said the budget carrier was ready to start expanding again in southeast Asia and was eyeing Vietnam and the Philippines. Fernandes, speaking

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Air Arabia posts solid revenue, passenger growth

Air Arabia, a leading low-cost carrier in the UAE, has registered a solid revenue growth for the first nine months  which hit Dh2.87 billion ($781 million) , up two per cent over the same period last year. The Sharjah-based a

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Air Arabia Q2 net profit falls 14pc

Budget carrier Air Arabia, the UAE's only publicly-listed airline, reported a 13.6 per cent fall in second-quarter net profit on Wednesday, beating analyst forecasts. The Sharjah-based airline made a net profit of Dh146.2 mill

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Oman Air plans to launch budget airline

  State-owned Oman Air, the sultanate's national carrier, plans to launch a budget airline to handle regional and domestic flights as a measure to expand its business, chairman Darwish Ismail Al Balushi said on Sunday.

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Qatar Airways denies India foray

Qatar Airways is not interested in buying a stake in budget carrier SpiceJet Ltd or any other Indian airline, the  carrier's chief executive said on Tuesday. Shares in SpiceJet rose 4.1 percent on Tuesday after the Times of I

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