Low-cost carriers are flying high in Southeast Asia on the back of sharp growth in air travel, but as hundreds of new jets swarm into the region concerns are rising about its ability to absorb the record numbers of planes on order.
Indian budget airline SpiceJet has agreed to buy about 40 Boeing 737 jets worth over $4 billion at list prices, industry sources said, a move that could help the loss-making carrier as it seeks new investors.
The deal includes a f
Sharjah-based Air Arabia has won the “Low-Cost Carrier of the Year” award at the Aviation Business Awards 2013 held in Dubai recently.
The Aviation Business Awards recognise an airline’s commitment to providing t
Low cost carrier SpiceJet has launched its inaugural flight from the bustling Indian city of Pune to Sharjah, making it the airline's second destinantion in the UAE after Dubai.
The airline will be operating four days a
Nasair, a leading low-cost airline in Saudi Arabia, said it has received four additional Airbus A320 aircraft with 'Sharklet' specifications, thus becoming the third carrier in the Middle East to receive this type of aircraft.
Air Arabia, which is now celebrating the ninth anniversary of its first flight, has taken delivery of two new A320 aircraft from Airbus, bringing the total fleet to 31.
Air Arabia has now taken delivery of 13 out of 44 A
Air Arabia, the largest low-cost carrier (LCC) in the Middle East and North Africa, started its flights to Donetsk in Ukraine with its inaugural flight taking off yesterday (October 7).
Donetsk is Air Arabia’s second destination in Ukraine
Jazeera Airways launched today at the Arabian Travel Market in Dubai four new routes from Kuwait and Bahrain.
It has also introduced higher frequencies from Dubai and other points in the airline’s network as it continues to grow its networ
Total and Saudi Aramco are looking to reduce the cost of building their Jubail oil refinery in Saudi Arabia to less than $10 billion, a total executive said on Tuesday.
'We are aiming for global cost of under $10 billion. We are willin
Air Arabia, the Middle East's biggest low-cost airline, said fourth-quarter profit almost tripled after it carried more passengers and added destinations.
The carrier, based in Sharjah, United Arab Emirates, said net income in the th