Flydubai plans $500 million bond issueBudget carrier flydubai, which announced an $8.8 billion plane order in November, will look to raise funds through a bond issue next year and is considering the option of sukuk, the company's chief financial officer said on Monday. More… |
Gulf Air close to deal on plane order rejigBahrain's state carrier Gulf Air said it was close to a deal to switch plane orders to narrow-body aircraft as part of its strategy to refocus as a niche regional carrier. Cancelling orders for wide-bodied planes such as Boeing's 7 More… |
Emirates plans large order at FarnboroughDubai's Emirates Airline will place a large plane order at the Farnborough Air Show in July, the emirate's ruler has said. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, in an interview with C More… |