Sunday 24 May 2015
 
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Saudia fined $1.6m for breaking EU aviation law

Saudi Arabian Airlines has been fined 1.4 million euros ($1.6 million) by a regional Belgian government for breaching EU carbon emissions rules, making it the first big non-EU carrier to be fined for breaking the EU aviation law.

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Veling Tayara explores new frontiers in bizjet financing

Dubai-based Veling Tayara, a subsidiary of international aircraft leasing and sales company The Veling Group, is offering a new financing model for the business aviation sector – the operating lease. Headed by former senior Embrae

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TAG Aviation launches new maintenance organisation

TAG Aviation has unified all of its maintenance centres under the name ‘TAG Aviation Maintenance Services.’ The new organisation, which is made up of eight service centres, will allow the company to take full advantage

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Global air passenger traffic to hit 12bn

Global air passenger traffic is expected to nearly double to 12 billion by 2031 and effective use of technology is a must to cope with this phenomenal expected growth, a major conference in Dubai, UAE, heard. International aviatio

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Biggest Airport Show set to take off in Dubai

More than 300 exhibitors from 40 countries will be in Dubai, UAE, for the biggest Airport Show which will also be hosting 8,000 aviation industry professionals on a 12,000 sq m of exhibition space, spread over three halls. The top

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Saudi aviation ground handler wins approval for IPO

Saudi Arabia's stock market regulator said on Wednesday it had approved an initial public offer of shares in an aviation ground handler, which is set to be the third flotation this year in the kingdom. Saudi Ground Services Co

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Luxaviation acquires ExecuJet Aviation Group

ExecuJet Middle East has sold ExecuJet Aviation Group (EAG) to Luxaviation, a leading business aviation group based in Luxembourg, Europe. EAG and Alpha Middle East Holdings have been the founding and ongoing shareholders of Execu

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Airport Show records 38pc growth in Hosted Buyers

The 15th edition of Airport Show in Dubai, UAE, in May will see an all-time record participation of 127 Hosted Buyers, a 38 per cent increase compared with the previous year. His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of

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Nats hosts aviation knowledge-sharing forum in Doha

Nats, a leading air traffic management company, is hosting an exclusive knowledge-sharing forum in Doha (Qatar) today (April 29), focused on preparing the aviation sector for major sporting events. The invite-only event provides senior

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Tadhamon Capital exits from aviation equipment fund

Tadhamon Capital has announced an early exit from and liquidation of the 'Tadhamon Aviation Equipment Fund' delivering dividends to investors. Proceeds from the exit were not disclosed, said a report in the Gulf Daily

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