Company Insights Riyadh Air Aviation Riyadh Air News Aviation Riyadh Air expands with fleet of narrowbody jets The new Saudi airline Riyadh Air will announce a fleet of narrowbody jets later this year for a first-phase expansion that will eventually include a new terminal to meet Saudi tourism ambitions. Although its widebody aircraft come from the troubled manufacturer Boeing, Riyadh Air declined to say if the latest narrowbody orders would be from […] May 8, 2024 Aviation Revenue up at Oman Air but pressure still on, say experts Oman Air has posted increased revenues for the past year but the sultanate’s flag carrier still faces difficult times ahead, aviation industry experts say. The heavily indebted airline launched a restructuring process last August in an attempt to balance the books within the next four years. Oman Air’s net losses in 2023 fell by 36 […] April 2, 2024 Opinion Aviation Etihad’s IPO is a risky proposition There is no doubt competition is going to get tougher in the Middle East aviation market March 19, 2024 Finance Saudi PIF ‘interested’ in buying stake in UK Selfridges Saudi Arabia’s Public Investment Fund (PIF) is looking to buy a stake in British luxury department store Selfridges after the collapse of one of its owners, as it seeks ways to improve funding flows to Saudi giga-projects. Austrian company Signa faces insolvency, opening up its 50 percent share in Selfridges to acquisition. The other owner […] March 18, 2024 Transport Saudi sovereign fund in talks to buy national airline Saudi Arabia’s Public Investment Fund is in discussions to acquire the kingdom’s national airline, reports released on Monday indicate. The $940 billion sovereign fund is looking to add Saudia, formerly known as Saudi Arabian Airlines, to its portfolio and a deal could be completed as soon as next year, according to a report by Bloomberg, […] March 18, 2024 Aviation Middle East aviation fleet to double in next decade The number of aeroplanes operated by commercial airlines across the Middle East will grow by more than half to 2,200 over the next 10 years, according to a report from Oliver Wyman, the consultants. The size of the Middle East aviation fleet is projected to increase at an annual rate of 4.2 percent from 2024 […] March 5, 2024 Opinion Aviation A cabin crew shortage could mean higher ticket prices Rapid expansion with high levels of staff attrition mean airlines are locked in a hiring battle January 26, 2024 Opinion Aviation Gulf aviation’s ambitious wishes for the year ahead There should be an award for the airline that gets the newest aircraft closest to planned delivery dates January 12, 2024 Opinion Aviation Middle East aviation prepares for take-off in 2024 2023 has just been a starter. The really impressive stuff is yet to come December 26, 2023 Transport Saudi low-cost airline Flynas to launch IPO Flynas, the Saudi carrier backed by Saudi billionaire Prince Alwaleed Bin Talal, has hired consultants for a potential initial public offering (IPO) in Riyadh. The low-cost airline may go public as early as next year, Bloomberg reported, citing an airline statement. Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital will work on the IPO. […] December 21, 2023 Posts navigation Previous 1 … 6 7 8 … 12 Next
Aviation Riyadh Air expands with fleet of narrowbody jets The new Saudi airline Riyadh Air will announce a fleet of narrowbody jets later this year for a first-phase expansion that will eventually include a new terminal to meet Saudi tourism ambitions. Although its widebody aircraft come from the troubled manufacturer Boeing, Riyadh Air declined to say if the latest narrowbody orders would be from […] May 8, 2024
Aviation Revenue up at Oman Air but pressure still on, say experts Oman Air has posted increased revenues for the past year but the sultanate’s flag carrier still faces difficult times ahead, aviation industry experts say. The heavily indebted airline launched a restructuring process last August in an attempt to balance the books within the next four years. Oman Air’s net losses in 2023 fell by 36 […] April 2, 2024
Opinion Aviation Etihad’s IPO is a risky proposition There is no doubt competition is going to get tougher in the Middle East aviation market March 19, 2024
Finance Saudi PIF ‘interested’ in buying stake in UK Selfridges Saudi Arabia’s Public Investment Fund (PIF) is looking to buy a stake in British luxury department store Selfridges after the collapse of one of its owners, as it seeks ways to improve funding flows to Saudi giga-projects. Austrian company Signa faces insolvency, opening up its 50 percent share in Selfridges to acquisition. The other owner […] March 18, 2024
Transport Saudi sovereign fund in talks to buy national airline Saudi Arabia’s Public Investment Fund is in discussions to acquire the kingdom’s national airline, reports released on Monday indicate. The $940 billion sovereign fund is looking to add Saudia, formerly known as Saudi Arabian Airlines, to its portfolio and a deal could be completed as soon as next year, according to a report by Bloomberg, […] March 18, 2024
Aviation Middle East aviation fleet to double in next decade The number of aeroplanes operated by commercial airlines across the Middle East will grow by more than half to 2,200 over the next 10 years, according to a report from Oliver Wyman, the consultants. The size of the Middle East aviation fleet is projected to increase at an annual rate of 4.2 percent from 2024 […] March 5, 2024
Opinion Aviation A cabin crew shortage could mean higher ticket prices Rapid expansion with high levels of staff attrition mean airlines are locked in a hiring battle January 26, 2024
Opinion Aviation Gulf aviation’s ambitious wishes for the year ahead There should be an award for the airline that gets the newest aircraft closest to planned delivery dates January 12, 2024
Opinion Aviation Middle East aviation prepares for take-off in 2024 2023 has just been a starter. The really impressive stuff is yet to come December 26, 2023
Transport Saudi low-cost airline Flynas to launch IPO Flynas, the Saudi carrier backed by Saudi billionaire Prince Alwaleed Bin Talal, has hired consultants for a potential initial public offering (IPO) in Riyadh. The low-cost airline may go public as early as next year, Bloomberg reported, citing an airline statement. Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital will work on the IPO. […] December 21, 2023
