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Buying binge by budget carriers can endLow-cost carriers are flying high in Southeast Asia on the back of sharp growth in air travel, but as hundreds of new jets swarm into the region concerns are rising about its ability to absorb the record numbers of planes on order. More… |
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SpiceJet in deal to buy 40 Boeing jetsIndian budget airline SpiceJet has agreed to buy about 40 Boeing 737 jets worth over $4 billion at list prices, industry sources said, a move that could help the loss-making carrier as it seeks new investors. The deal includes a f More… |
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Air Arabia named best ‘low-cost carrier’Sharjah-based Air Arabia has won the “Low-Cost Carrier of the Year” award at the Aviation Business Awards 2013 held in Dubai recently. The Aviation Business Awards recognise an airline’s commitment to providing t More… |
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SpiceJet launches debut Sharjah flightsLow cost carrier SpiceJet has launched its inaugural flight from the bustling Indian city of Pune to Sharjah, making it the airline's second destinantion in the UAE after Dubai. The airline will be operating four days a More… |
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Nasair gets new “Sharklet” A320sNasair, a leading low-cost airline in Saudi Arabia, said it has received four additional Airbus A320 aircraft with 'Sharklet' specifications, thus becoming the third carrier in the Middle East to receive this type of aircraft. More… |
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Air Arabia takes delivery of 2 new aircraftAir Arabia, which is now celebrating the ninth anniversary of its first flight, has taken delivery of two new A320 aircraft from Airbus, bringing the total fleet to 31. Air Arabia has now taken delivery of 13 out of 44 A More… |
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Air Arabia takes off to Donetsk in UkraineAir Arabia, the largest low-cost carrier (LCC) in the Middle East and North Africa, started its flights to Donetsk in Ukraine with its inaugural flight taking off yesterday (October 7). Donetsk is Air Arabia’s second destination in Ukraine More… |
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Jazeera launches 4 new routesJazeera Airways launched today at the Arabian Travel Market in Dubai four new routes from Kuwait and Bahrain. It has also introduced higher frequencies from Dubai and other points in the airline’s network as it continues to grow its networ More… |
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Total, Aramco eye lower Jubail refinery costTotal and Saudi Aramco are looking to reduce the cost of building their Jubail oil refinery in Saudi Arabia to less than $10 billion, a total executive said on Tuesday. 'We are aiming for global cost of under $10 billion. We are willin More… |
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Air Arabia Q4 profit triples on expansionAir Arabia, the Middle East's biggest low-cost airline, said fourth-quarter profit almost tripled after it carried more passengers and added destinations. The carrier, based in Sharjah, United Arab Emirates, said net income in the th More… |
