Friday 27 February 2015
 
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Emirates hires banks for sukuk of up to $1bn

Emirates, the Dubai-based airline, has hired banks to help it arrange a sukuk of up to $1 billion, according to five sources familiar with the matter. Two of the sources said the deal could close by the end of the first quarter.

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Emirates hires banks for sukuk of up to $1bn

Emirates, the Dubai-based airline, has hired banks to help it arrange a sukuk of up to $1 billion, according to five sources familiar with the matter. Two of the sources said the deal could close by the end of the first quarter.

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Air Arabia blames fuel hedging as Q4 profit falls 30pc

Air Arabia, the UAE's only listed airline, blamed fuel hedging as it reported a 30 per cent fall in fourth-quarter net profit on Sunday. The Sharjah-based carrier made a net profit of Dh64.6 million ($17.59 million) in the thr

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Etihad posts 23pc rise in passenger numbers

Abu Dhabi-based Etihad Airways on Monday reported a 23 per cent growth in passenger numbers in 2014 as it pushed ahead with expanding routes through code-sharing and acquisitions. Etihad Airways, the national airline of the UAE, c

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Easyjet ‘would fly from expanded Heathrow airport’

British budget airline easyJet has backed Heathrow in London's runway expansion race and said it would start flying from the capital's largest airport if the government chooses to increase its capacity. British lawmakers a

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AirAsia probe examines computer glitch, crew response

Investigators probing the crash of an AirAsia jetliner are examining maintenance records of a key part of its automated control systems, and how the pilots may have handled the plane if it failed, two people familiar with the matter said.

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Currency shifts eating into fuel cost savings: Emirates

Dubai's Emirates airline expects currency fluctuations in Europe and Russia to limit the profitability boost from lower oil prices, a senior executive said on Tuesday. Emirates President Tim Clark was quoted this week as sayin

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Etihad New York flights hit by winter storm

The severe winter storm in the US northeast has affected Etihad Airways flights between Abu Dhabi and New York, the airline has announced. Etihad Airways' flight EY103 from Abu Dhabi to New York today (January 27) has been can

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Etihad to offer 6,000 jobs to UAE nationals

Etihad Airways will offer jobs to more than 6,000 UAE nationals over the next five years as part of its UAE national development strategy, the airline said. The jobs will span the entire spectrum of the Abu Dhabi-based airline’s o

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Etihad to offer 6,000 jobs to UAE nationals

Etihad Airways will offer jobs to more than 6,000 UAE nationals over the next five years as part of its UAE national development strategy, the airline said. The jobs will span the entire spectrum of the Abu Dhabi-based airline’s o

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