Aviation

Abu Dhabi’s aerospace ambitions get a boost

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Abu Dhabi based investment company Waha Capital is taking a 20 per cent stake in Dutch-based aircraft leasing firm AerCap Holdings, in a deal worth around US$380mn.

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Dubai Airport Freezone to expand by up to 90 per cent

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Dubai Airport Freezone will see its leasable space expanded by up to 90 per cent starting in 2012 that could bring in as many as 1,000 new companies.

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Airline profits set to grow

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Middle East airlines profits are set to quadruple this year to US$400 million, according to a report from the International Air Transport Association (IATA).

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Etihad expands codesharing agreement

Etihad expands codesharing agreement

Etihad Airways, the national airline of the UAE, has announced it will expand its codeshare agreement with Royal Air Maroc, the national airline of Morocco, providing customers with access to more destinations in Morocco and West Africa.

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Gulf Air fleet renewal programme on schedule

Gulf Air fleet renewal programme on schedule

Gulf Air has announced that it is on target with its fleet renewal programme, following the delivery of its eighth A320-200 last month. The arrival of the new aircraft marks the final delivery in the first phase of the Bahrain’s national carrier’s order for 15 A320-200s and brings the number of new aircraft in the airline’s fleet in the last 10 months to 10 - eight A320-200s and two E170AR regional jets, according to the company.

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