Aviation Archives - International Finance

Saudi airline Flynas expands African reach with Uganda & Djibouti routes

IFM CorrespondentNovember 15, 2024

by IFM CorrespondentNovember 15, 2024

With plans to buy 160 more Airbus aircraft, including 30 wide-body A330neos and 130 A320s, Flynas signed an agreement to double its fleet during the UK's Farnborough International Airshow in July 2024...

Business Leader of the Week: Tony Douglas-led Riyadh Air wants to create aviation industry’s ‘Steve Jobs Moment’

IFM CorrespondentNovember 8, 2024November 8, 2024

by IFM CorrespondentNovember 8, 2024November 8, 2024

In the words of Tony Douglas, the entire trip can be booked from one place, meaning hotels, cars and experiences...

As Boeing falters, Airbus quietly delivers its first A321XLR, secures major deal from Riyadh Air

IFM CorrespondentNovember 4, 2024November 4, 2024

by IFM CorrespondentNovember 4, 2024November 4, 2024

Airbus already has an order book of 500 A321XLR jets, which will be delivered in the coming years...

Sharjah Airport, Air Arabia launch first of direct flights to Maldives

IFM CorrespondentOctober 29, 2024October 29, 2024

by IFM CorrespondentOctober 29, 2024October 29, 2024

Using Airbus A320 aircraft, Air Arabia will schedule daily flights between Sharjah Airport and Velana International Airport in Malé, Maldives...

Emirates orders more Boeing 777F freighters amid tensions with American planemaker

IFM CorrespondentOctober 18, 2024

by IFM CorrespondentOctober 18, 2024

Without providing specifics, Boeing announced in September 2024 that it had received orders for 11 777F freighters from unidentified buyers...

Gulf Air extends Thai Airways partnership, adds 10 new destinations

IFM CorrespondentOctober 8, 2024

by IFM CorrespondentOctober 8, 2024

Through the expanded partnership, Gulf Air passengers will have easier access to major cities across Asia and Australia that Thai Airways serves, as well as domestic points within Thailand...

Cathay Pacific A350 engine fire: Airbus, Rolls-Royce face scrutiny

IFM CorrespondentSeptember 17, 2024

by IFM CorrespondentSeptember 17, 2024

EASA said the Cathay Pacific flight powerplant fire had caused heat damage to the engine housing, including ducts used for reverse thrust on landing...

Will Boeing be able to stick to its aircraft delivery targets? Analysts answer

IFM CorrespondentAugust 26, 2024

by IFM CorrespondentAugust 26, 2024

Boeing slowed output to improve upon production quality, but the decline in deliveries has taken a toll on the venture's cash flow...

Dubai Airport sees record year for passengers after 8% rise in H1 2024

IFM CorrespondentAugust 9, 2024

by IFM CorrespondentAugust 9, 2024

According to Dubai Airports, the top three countries by number of passengers were, in order, India, Saudi Arabia, Britain, and Pakistan...

Saudia, Kingdom’s aviation sector leads global industry: Data

IFM CorrespondentAugust 5, 2024

by IFM CorrespondentAugust 5, 2024

The objective of the National Transport and Logistics Strategy is to elevate the GDP contribution of the aviation sector from its present 6% to 10% by the year 2030...