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Dubai Aerospace Enterprise (DAE), a global leader in aircraft lease, will sell nine narrow and wide body aircraft worth approximately $500 million, Zawya reports. The sales according to the company will all take place this year. “The post-pandemic market for Read more
Bahrain’s national carrier, Gulf Air, has frozen deliveries of the aircraft it ordered from Boeing and Airbus owing to difficult market conditions, reports say. Zayed bin Rashid Al Zayani, Chairman of the airline, Reuters notes, told reporters during the “Arab Read more
Saudi Arabia’s national carrier, Thursday said it reached deal with several partners to fund the purchase of 73 passenger planes from Airbus and Boeing. Al Rajhi Bank, Saudi British Bank (SABB), Arab National Bank (ANB), Samba, Bank AlJazira, and Read more
Saudi Arabia flagship carrier, Saudia, is preparing an order for 70 aircraft from Airbus and Boeing, reports say. The airline according Reuters citing unidentified sources is in talks with local banks to raise 11.5 billion riyals ($3.07 billion) to partly Read more
US plane maker Boeing has sealed three contracts worth $800 million from Qatar to provide the armed forces of the Gulf country aviation training including the F-15QA pre-delivery training and maintenance support, Aerotime Hub reports. According to the first contract Read more
Alafco, aircraft lessor company in Kuwait, will purchase 20 aircrafts from US airplane maker Boeing after both parties reached a deal over a dispute involving a cancelled 737 MAX order, Zawya reports. The order, Alafco said in a statement will Read more
UK’s national carrier, British airways will resume long-haul flight to Dubai from July 17 as air travel I industry is gradually bouncing back. “Our current schedules show the LHR to DXB route will operate every other day from the 17th, Read more
Qatar’s national carrier, Qatar Airway, Wednesday it will not acquire new aircrafts this and next and has informed Airbus and Boeing to defer the delivery as result of fallout from covid-19, reports say. The airline’s Chief Executive Akbar al-Baker in Read more
The Pentagon said Wednesday it has awarded Boeing two contracts worth $2 billion to manufacture over 1,000 missiles for Saudi Arabia. Boeing, under the first contact worth $1.97 billion, will produce 650 air-to-surface missiles with a range of about 290km. Read more
Saudi local airline Flyadeal has agreed in principle with US plane maker Boeing the purchase of 50 narrowbody jets as it embarks on enhancing domestic growth and launching international flights. Per the agreement, Flyadeal will place orders for 30 Boeing Read more