Wednesday 4 May 2016
 
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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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Airbus, Siemens to work on electrically-powered planes

European aerospace group Airbus has signed a deal with industrial group Siemens to work on hybrid electric propulsion systems with the aim of building small planes that could be partly powered by electricity by 2030.  

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Iran to take delivery of 100 Airbus planes in four years

Iranian state television reported on Thursday that Europe's Airbus will deliver 100 passengers planes to the Islamic republic within four years. "The contract with the Airbus has been finalised ... the planes will be deli

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RJ, Vueling Airlines sign cooperation agreement

Royal Jordanian (RJ) and Spanish low-cost carrier Vueling Airlines have signed an interline agreement whereby RJ passengers can connect to Vueling’s 150 cities via the latter’s hub in Barcelona and to 65 destinations from Rome's

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India's SpiceJet to order 150 planes this fiscal

Indian budget airline SpiceJet plans to order more than 150 planes in the current financial year, the airline's chairman said on Sunday. "We are in the process of placing a large aircraft order. The airline will order in

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Gulf Air in final talks over plan to buy aircraft

Bahrain's Gulf Air is in final talks to place an order for up to 50 aircraft to meet the airline's needs over the next decade, the carrier's chief financial officer said on Wednesday. "We are looking at both narro

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Russia, Iran discuss passenger plane sales

Russia and Iran are holding talks over the former supplying the Islamic republic with Sukhoi Superjet passenger planes, Russia's Transport Minister Maxim Sokolov said on Wednesday. "Such talks are being held," Sokolov told

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Saudi Arabian Airlines in talks to buy 50 Airbus planes

European planemaker Airbus is in talks to sell up to 50 aircraft to Saudi Arabian Airlines, sources familiar with the matters told Reuters on Sunday. The deal could include 30 A320neo planes and up to 20 A330 aircraft, the sources

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Iran warns legal action if US stops Mahan Air planes

Iran will take legal action if Washington tries to stop newly acquired Iranian passenger planes flying international routes, the head of the country's aviation authority said on Tuesday. Iran's Mahan Air, blacklisted by Wa

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Global airlines' profit to hit $29bn in 2015

Airlines are making more profits than ever before, boosted by lower fuel prices and carrying more passengers on fuller planes, according to the industry's global body. The International Air Transport Association (IATA) said gl

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