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Air Arabia posts record 2017 results, net profit up 30pcSharjah-based budget carrier Air Arabia said it has once again delivered high levels of profitability and growth across the breadth of its operations for 2017 clocking a net profit of Dh662 million ($180.2 million), up 30 per cent over Dh509 mil More… |
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IndiGo takes delivery of first ATR 72-600 aircraftIndiGo, the largest and fastest growing low cost carrier in India, said it has taken delivery of its first ATR 72-600 aircraft (VT-IYA) thus taking the company one step closer to the launch of its Turboprop operations by year-end. More… |
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Jazeera Airways unveils biggest sales promotionJazeera Airways, a leading Kuwait-based budget airline, has launched its biggest-ever promotion offering 100,000 low-fare tickets across its global network for sale at up to 50 per cent discount. A major Kuwaiti carrier with regio More… |
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Iraq launches its first budget airlineIraq has launched its first privately owned budget airline, Fly Baghdad, as the government allows greater competition. With Abdulla Al Jubouri as its executive director, the company was formed by a group of Iraqi businessmen with More… |
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Germanwings disaster 'not to harm budget carriers' image'The disaster at budget airline Germanwings which killed 150 people will not harm the image of low-cost air travel in Europe, easyJet chief executive Carolyn McCall said on Tuesday. Airlines across the world were left reeling after More… |
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Flynas aims for profit on lower costs, higher demandSaudi Arabia's first and only budget airline, flynas, aims to turn profitable this year for the first time since it was launched in 2007, partly by cutting costs, its new chief executive said. The kingdom's air travel mark More… |
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AirAsia in talks to launch Dubai serviceAirAsia, Asia's largest budget airline by passengers, is in talks with the Dubai authorities to start flying into the emirate, group chief executive Tony Fernandes said. The Malaysian airline has expanded this year -- launchin More… |
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Emirates inks code share deal with JetstarDubai's flagship carrier Emirates has inked a new codeshare and frequent flyer agreement with Australian budget airline Jetstar. The deal is set to open up new destinations for Emirates passengers across Australia, New Zealand More… |
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Air Arabia's Q1 net profit rises 20pcBudget airline Air Arabia , UAE's only publicly-listed carrier, reported a 20 percent rise in first quarter net profit, it said on Monday. The Sharjah-based airline made a net profit of 59 million dirhams ($16.06 million), com More… |
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Qatar Airways says no plans for budget airlineQatar Airways has neither immediate plans to launch a budget airline to compete with Dubai's expanding low-cost carrier flyDubai nor any move to float an initial public offering, said a report citing its chief executive. " More… |
