Friday 19 September 2014

Etihad to raise $2bn to fund stake buys, aircraft

Abu Dhabi's Etihad Airways is on track to raise about $2 billion in loans this year to fund its equity investments around the world and aircraft purchases, its chief financial officer said. Etihad has aggressively pursued a global expansion strategy by picking up equity stake


Ajman tourism’s Q2 revenue grows

Ajman Tourism Development Department (ATDD) has revealed that revenues of its tourism sector during the second quarter of this year were estimated at Dh67 million ($18.24 million), compared to Dh42 million ($11.43 million) during the same period last year. Hotel occupancy for Q2 reache


Bombardier to launch Honeywell’s high-speed ‘JetWave’

Bombardier Business Aircraft will be the launch business aircraft manufacturer for Honeywell Aerospace’s JetWave Ka-Band satellite connectivity system.   Honeywell’s JetWave hardware will exclusively support Inmarsat’s forthcoming Jet ConneX (JX) service wh


Airbus in final stages of A320neo ground tests

Airbus is conducting the final stage of ground trials as it edges towards the keenly-awaited first flight of its revamped A320neo aircraft, the planemaker has said. The first test aircraft is on the "final run-in" towards its maiden flight, a spokesman said in answer to


Emirates upgrades aircraft on Abuja route

Dubai-based Emirates plans to upgrade the aircraft on its Abuja route to a Boeing 777-200ER, starting from October 1. Emirates launched a daily service to Abuja, its second Nigerian gateway and 22nd passenger destination in Africa, on August 1 using the Airbus A340-300. The ne


Upscale Macau hotel buys largest Rolls-Royce fleet

Luxury entrepreneur Stephen Hung has purchased the largest Rolls-Royce Phantom fleet in the world, placing an order for 30 bespoke extended wheelbase Phantoms for his Louis XIII hotel in Macau. This transaction represents the world’s single largest order of Rolls-Royces ever. Two


Splash @ Yas Marina returns to Abu Dhabi

Yas Marina, one of the finest marinas in Abu Dhabi, UAE, will organise a water sports action packed fun event next month. Guests can experience wakeboarding, water skiing, stand-up paddling, kayaking and even sailing at this year’s Splash @ Yas Marina event. For the adrenaline ju


Dubai, Doha can host Olympics, says OCA chief

Doha and Dubai are capable of hosting the Middle East's first Olympic Games and the region would simply have to trust itself to deliver a great event in the face of doubt and criticism, the president of the Olympic Council of Asia has told Reuters. Sheikh Ahmad Al Fahad Al Sa


Etihad Airways hosts Iata global financial symposium

More than 700 delegates from the airline industry gathered in the UAE capital Abu Dhabi for the International Air Transport Association’s (Iata) inaugural World Financial Symposium at the city’s Jumeirah Etihad Towers conference centre. The WFS brought together financial ex


Etihad Airways wins top award in China

Etihad Airways, the national airline of the UAE, has been named ‘Airline of the Year - First Class’ at the 13th Annual China Travel & Meeting Industry Awards 2014. The award was announced during a ceremony in Beijing, in recognition of the services provided to Etihad Ai

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