Shares in cash-strapped Indian carrier Kingfisher Airline fell by almost 18 percent on November 18 as company chairman Vijay Mallya worked to secure new short- and long-term funding amid reports of further routes being cut and flights cancelled. On November 17, Mallya confirmed that he is negotiating with an undisclosed high-net-worth individual in India with a view to injecting approximately $250 million into Kingfisher.
Germanwings and Lufthansa Technik have signed a contract for technical services to support the airline’s fleet of 30 Airbus A319s. The contract includes a Lufthansa Technik fleet manager based at the airline’s headquarters in Cologne, Germany, who will act as the single point of contact for all operational issues.
Dubai-based business aviation services group ExecuJet Middle East and NasJet, the private aviation arm of Saudi Arabia’s National Air Services (NAS), are to jointly operate a new FBO at King Khalid International Airport in Riyadh. The facility will occupy some 16,000 sq ft in the airport’s private aviation terminal.
Maximus Air has signed an aircraft, crew, maintenance and insurance lease agreement with express package carrier DHL. The deal calls on Maximus to operate two newly converted Airbus A300-600RP2F freighters across Europe for DHL.
Air Arabia has selected the Rockwell Collins dPAVES in-flight entertainment (IFE) system for 44 Airbus A320 aircraft, becoming the first airline in the Middle East to order the system.
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M), the maintenance branch of the airline group, is here at the Dubai Air Show (Stand W420) promoting AMES, its local joint venture with nacelle manufacturer Aircelle, as well as the services it offers in engine and compo
Emirates Airline made history at the Dubai Air Show yesterday in placing the largest single order ever for Boeing commercial airplanes, signing for 50 Boeing 777-300ERs and reserving options on another 20 of the long-range widebodies.
Politicians viewing air transport as a soft target are the greatest threat to the air transport industry, according to the secretary general of the Arab Air Carriers Organization.
With its rapidly growing route network, long-term expansion plans and emphasis on reduced operating costs, flydubai has to be considered a prime sales prospect for Boeing’s re-engined 737 MAX airliner.
According to a recent report by Boeing, the Middle East will need more than 37,000 pilots to fly the aircraft due to be delivered there over the next 20 years. But the region faces a serious lack of adequate training facilities. “Pilot requirements for the Gulf region will grow at a faster rate than local pilots can be trained,” concluded Boeing in its latest pilot and technician forecast.