ABU DHABI / AD MEDIA OFFICE Etihad Airways has delivered record-breaking financial performance and highest-ever customer satisfaction performance in the first quarter of 2025, building on last year’s momentum with further notable improvements across revenue, operational efficiency, and fleet expansion. Profit after tax reached AED685 million (US$187 million), marking a 30 per cent increase year-on-year, driven by robust passenger demand ...
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MoIAT signs pact with Airbus to boost local aerospace capabilities
ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) has signed a strategic Memorandum of Understanding (MoU) with Airbus Africa and Middle East to advance the development of a domestic aerospace capability enhancement programme. Omar Suwaina Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology, and Gabriel Semelas, President of Airbus Africa and the Middle ...
Read More »Airbus reaffirms support for UAE aviation growth
ABU DHABI / WAM Gabriel Sémelas, President of Airbus in Africa and the Middle East (MEA), affirmed the company’s commitment to enhancing the industrial ecosystem in the UAE, particularly in the production of complex aerostructures. In statements to Emirates News Agency (WAM) during the fourth edition of the Make it in the Emirates forum, Sémelas said Airbus is prepared to ...
Read More »Emirates achieves record profit of AED22.7b in 2024-25
DUBAI / GULF TIME The Emirates Group released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline. Both Emirates and dnata ...
Read More »DAE completes US$2.0b acquisition of Nordic Aviation Capital
DUBAI/WAM Dubai Aerospace Enterprise (DAE) Ltd today announced that it had completed the previously announced acquisition of 100% of the outstanding share capital of Nordic Aviation Capital Designated Activity Company and its consolidated subsidiaries (“NAC” or “Nordic Aviation Capital”) from NAC Holdings Limited. The enterprise value is approximately US$2 billion. DAE now has a fleet of approximately 750 owned, managed ...
Read More »dnata to expand airside fleet with 800 new units in US$110 million rollout in 2025
DUBAI / WAM dnata, a global air and travel services provider, announced plans to deploy 800 new ground support equipment (GSE) units across its global network in 2025. The rollout, valued at US$110 million, is part of the company’s broader investment strategy to further enhance operational performance and reduce emissions throughout its operations. dnata’s new equipment will be delivered under ...
Read More »Emirates, American Express Middle East sign pact
DUBAI / WAM Emirates and American Express Middle East (AEME) have signed a memorandum of understanding (MoU) at Arabian Travel Market (ATM) that intends to expand their collaboration to explore new offerings for small and medium-sized enterprises (SMEs) in select countries across the Middle East and North Africa. Together, Emirates and American Express Middle East will explore ways to reach ...
Read More »Etihad, China Eastern Airlines celebrate start of JV
ABU DHABI/ WAM Etihad Airways, the national airline of the United Arab Emirates, and China Eastern Airlines have officially launched their landmark Joint Venture (JV) during a ceremony held at the Arabian Travel Market (ATM) in Dubai this week. The launch follows the successful arrival of China Eastern’s inaugural MU237 flight from Shanghai to Abu Dhabi on 28th April, which ...
Read More »Etihad Airways signs pact with Tourism Authority of Thailand
ABU DHABI/WAM Etihad Airways signs a Memorandum of Cooperation (MoC) with the Tourism Authority of Thailand to strengthen the relationship between the Kingdom of Thailand and the national airline of the United Arab Emirates, at Arabian Travel Market (ATM) 2025. The agreement aims to promote tourism to Thailand through Etihad’s extensive global network. Aligning with Etihad’s mission to deliver extraordinary ...
Read More »Emirates expands retrofitted A380, Boeing 777 services footprint to 8 more cities
DUBAI / WAM Emirates will introduce a slew of Boeing 777 and Airbus A380s with upgraded cabins to 8 more cities on its network in the coming months. The airline will roll out its refreshed A380s to Bangkok, Hong Kong, Nice and Perth and its upgraded Boeing 777s to Madrid, Kuala Lumpur, Phuket and Frankfurt, as well as another refitted ...
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