Aviation

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) on Tuesday announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group of companies (“NAC” or “Nordic Aviation Capital”), an aircraft leasing company formed over 30 years ago. Terms of the transaction were not disclosed. As of September 2024, NAC’s fleet comprised of 252 owned ...

ABU DHABI/WAM The General Civil Aviation Authority (GCAA) has announced an unprecedented milestone that enhances the UAE’s global standing in the aviation sector. Sheikh Zayed Air Navigation Centre successfully surpassed one million air traffic movements in 2024. According to a press statement released by GCAA on Monday, this milestone marks a significant achievement in the UAE’s aviation journey, which has ...

ABU DHABI/GULF TIME Together, Thales and Emirates celebrate the entry into service of the Airline’s first A350-900 aircraft with a flight from Dubai to Edinburgh (Scotland) on January 3, 2025. The aircraft is equipped with Thales’s state-of-the-art AVANT Up inflight entertainment system. Ushering in a new era of inflight entertainment, Emirates has introduced on the A350 the next-generation of the ...

DUBAI/GULF TIME Emirates marked a significant milestone on January 4 as its first Airbus A350 entered commercial service, operating its inaugural flight from Dubai to Edinburgh. Emirates’ newest aircraft combines next-generation cabin design and exceptional passenger comfort paired with outstanding onboard service. The aircraft, featuring Emirates’ latest cabin products is the first of 65 A350s joining the airline’s fleet over ...

DUBAI/WAM In response to growing demand out of Denmark, Emirates SkyCargo has deployed a dedicated weekly freighter to Copenhagen Airport, increasing the network of destinations served by Emirates freighters to 38. The Boeing 777 freighter will increase capacity offered to Emirates’ customers, with approximately 85 tonnes allocated for cargo from Copenhagen, and neighbouring countries including Norway and Sweden. Emirates SkyCargo ...

ABU DHABI / WAM Zayed International Airport (AUH) was crowned World’s Most Beautiful Airport at the prestigious Prix Versailles, The World Architecture and Design Award, recognising its outstanding architectural design in the airports category. The announcement was made at a ceremony in Paris at UNESCO’s Headquarters, coinciding with the airport’s first anniversary and the 53rd Eid Al Etihad celebrations. In ...

DUBAI/WAM The Emirates Group on Thursday announced its best-ever half-year financial performance, posting a profit before tax of AED10.4 billion ($2.8 billion) for the first six months of 2024-25, surpassing its record profit before tax for the same period last year. This is the first financial year that the UAE corporate income tax, enacted in 2023, is applied to the ...

ABU DHABI/ WAM Etihad Airways and Vietnam Airlines are set to work towards a collaboration for the benefit of their customers after signing a memorandum of understanding for a potential agreement. The MoU reflects a dedication to exploring an enhanced working relationship, where the airlines plan to implement a broad collaboration including a codeshare, reciprocal loyalty programmes, cargo transport, maintenance, ...

DUBAI/WAM Dubai Aerospace Enterprise (DAE) reported its financial results for the nine months ending on  September 30 2024, logging US$310.8 million in net profit, a year-on-year (YoY) increase of $110.2 million or 54.9 percent. Meanwhile, profit before tax settled at $326.6 million for the same period, compared to $207.5 million last year. Total revenue was $1.017 billion for the nine ...

DUBAI / GULF TIME As official global airline partner of the NBA and the inaugural title partner of the Emirates NBA Cup, Emirates is celebrating the arrival of the much-anticipated 2024-25 NBA season with a head-turning, nose-to-tail livery dedicated to the league. The livery captures the spirit of the Emirates and NBA marketing partnership and will begin making its way ...