Etihad Airways will acquire the fixed wing training division from Horizon International Flight Academy
The poor performance of the routes was due to lack of demand as well as increased competition from other carriers.
Doha carrier identifies gap for focused premium product on highly competitive route
Lufthansa, Europe’s largest airline by revenue, had put LSG Sky Chefs up for sale in 2012 but then abandoned the plans.
The Abu Dhabi carrier flies four times daily to Qatari capital Doha.
The Sharjah-based low cost carrier recorded a 12 per cent rise in passenger traffic.
The Asian country has become an important gateway hub for the Dubai-based carrier.
The facility will become the new home for the national carrier of the state of Qatar.
SEBI was examining whether the share sale agreement between the two airlines amounted to an acquisition of joint control in the Indian airline.
Up to 25 per cent of the carrier’s fleet will be grounded during the 80-day runway closure.
Most of the several million haj pilgrims coming from abroad each year now arrive at a special terminal in Jeddah’s international airport.
Emirates made a profit of Dhs3.3 billion for the fiscal year ending March 31, it said in a statement.
The deal will enhance Etihad Airways’ capability to undertake maintenance on its growing fleet.
Airbus has said tests are going well on its new lightweight, medium-sized jet, developed at an estimated cost of $15 billion.
The airline received 48.3 million passengers in 2013.
Delivery coincides with the Doha-based carrier shifting its operations to Hamad International Airport
The airline has allocated up to three per cent of its revenue on marketing and promotion, says senior executive.
Qatar’s sovereign fund bought a 50 per cent stake from Qatar’s former prime minister and other shareholders last year.
CEO Akbar Al Baker said it will operate eight A320s in the Kingdom.
Dubai International Airport and the JW Marriott Marquis Hotel Dubai voted best for business travelers in the Middle East
Airlines are expected to follow Emirates to DWC when growth requirements are met.
Etihad currently has holdings in Air Berlin, Air Lingus and Air Serbia.
Etihad appears intent on pushing its first class into the luxury private jet space, targeting high-net-worth individuals across the globe.
One of the options under discussion envisages hiving off a large chunk of Alitalia’s $1.11 billion of debt into a separate company.
Under the plan to woo Etihad, the new firm would take on the majority of Alitalia’s debt and around 3,000 staff, a local paper reported.
72 By Hues is looking to capitalise on Sharjah’s growing tourism market.
The start of operations was marked by the arrival of an Emirates SkyCargo Boeing 777 Freighter from London Heathrow today.
Planned runway maintenance at Dubai International has significantly increased the number of private and business jets at DWC, according to DC Aviation Al-Futtaim.
Additions include a tunnel under the southern runway, nine new aircraft stands and an automated passenger mobility system.
Sources have said that Etihad could invest 500 million euros in return for a 49 per cent stake, but talks reached a stalemate this month when Alitalia raised concerns over the deal conditions.