The carrier’s annual loss widened by 16 per cent to OMR113.34 million in 2013.
Dubai carrier’s double-decker fleet now the size of some international airlines
Buyout firm GrowthGate Capital plans to take Able Logistics Group public on the Dubai Financial Market around the end of 2014.
Abu Dhabi’s Etihad Airways is in talks to acquire 40 per cent of Italy’s struggling flag carrier.
Etihad will take delivery of 18 aircraft this year that include 10 Airbus aircraft and eight Boeing planes.
Etihad’s chief executive confirmed that the initial loan of $40 billion to Air Serbia will be converted to equity.
The JV, Etihad Rail DB, will manage operations for the first stage of the railway.
Dubai on track to overtake London Heathrow as the world’s premier international passenger airport by 2015
Doha carrier looks to capitalise on Djibouti’s rising commercial profile
Dubai carrier makes unusual move and decides to drop new route
The world’s fourth-largest port operator posted annual revenues of $3.07 billion for 2013, down 1.5 per cent on 2012.
Battery issues are still being investigated by the U.S. National Transportation Safety Board.
The tender, issued earlier this month, is for the rolling stock, systems, depot facilities, trackwork and other aspects of Doha Metro, sources say.
Low-cost carrier’s move sees capacity stack up between Dubai and Moscow
Dubai’s museum initiative will be built in phases, a statement said.
Both the companies will jointly invest in a new fuel farm and a hydrant system that will enhance the fuel storage capacity of the airport.
The minister also said China’s release of satellite imagery of possible wreckage had been wrongly issued.
Investigators say that the plane flew for a total of five hours based on data sent to the ground from the Boeing Co 777’s engines as part of a standard monitoring program.
At least two passengers using stolen passports had boarded the missing Malaysian Airlines flight.
Higher oil prices due to tensions in Crimea and economic weakness in Argentina and Brazil are expected to weigh on profits.
The deal is a further fillip for Boeing, following flydubai’s large 737 MAX order placed at the Dubai Airshow
The search for the Malaysian Airlines jetliner and its 239 people on board has now entered the fifth day.
The South Korean car maker has so far focussed on manufacturing fuel-cell cars.
The east coast city becomes the eighth destination in the carrier’s US network
The jetliner en route to San Francisco from Tokyo diverted to Honolulu after oil pressure in its right engine dropped.
The incident is likely to rekindle a debate about whether black box flight recorders should be replaced with satellite-based systems capable of sending back telemetry in real time.
The ITF is running a campaign against Qatar Airways over its monitoring of staff and rules preventing women from becoming pregnant and getting married.
Emirates confirmed a hydraulic brake fluid leak on the flight, which was travelling from Kuwait.
The airline may order more of the world’s largest passenger plane depending on its performance, the CEO said.
Middle Eastern carriers are benefitting from the strength of regional economies and a solid growth in business-related premium travel, says IATA.