Aviation

DUBAI / WAM Dubai Airports, the operator of Dubai International (DXB) and Al Maktoum International Airport (DWC), has revealed the results of its Material Requirement Planning (MRP) tool, powered by artificial intelligence and machine learning, which transformed behind-the-scenes supply management operations. This innovative approach has enhanced service levels, streamlined inventory management, and boosted operational efficiency across the organisation, contributing to ...

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, has expanded its partnership with China’s SF Airlines to increase the frequency of flights between their mega hubs, Abu Dhabi and Ezhou. Etihad Cargo and SF Airlines will also launch a new freighter service between Shenzhen and Abu Dhabi to boost cargo connectivity and capacity between ...

  DUBAI/ GULF TIME California-based Joby Aviation, a company developing all-electric aircraft for commercial passenger service, is all set to launch air taxi services in Dubai by early 2026, with Joby targeting initial operations in 2025. Bonny Simi, the president of operations at Joby Aviation, shares insights with the Gulf Time’s Arunima Mishra on inter-emirate air taxi services, for example ...

SHARJAH / WAM Air Arabia (PJSC), the region’s leading low-cost carrier (LCC), soared to new heights in 2023, earning a record-breaking net profit of AED1.5 billion, marking a significant 27% increase compared to the previous year’s AED 1.2 billion. The company in its financial results for the full year ending on December 31, 2023, stated that the airline’s turnover for ...

DUBAI / WAM flydubai announced record-breaking annual results for its financial year ending on December 31, 2023, with net profit reaching AED2.1 billion (US$572 million), an increase of 75 percent compared to 2022, marking the carrier’s strongest-ever performance. Meanwhile, the company’s total annual revenue settled at AED11.2 billion (US$3 billion) compared to AED9.1 billion (US$2.5 billion) in 2022; an increase ...

BLOOMBERG Joanna Geraghty, the next chief of JetBlue Airways Corp, spoke of having “the gift of grit” in a commencement address in 2020. She’s going to need it. JetBlue said it would appeal a federal judge’s decision to strike down its proposed acquisition of Spirit Airlines. The decision to appeal now sets up Geraghty, who officially takes over Jetblue in ...

BLOOMBERG Boeing Co won an order for 150 Max jets from India’s newest airline, in a rare spot of good news for the US planemaker since a piece of fuselage blew off an Alaska Airlines flight almost two weeks ago. Akasa Air, which began flying commercially less than two years ago, made a firm purchase for the 737 Max 10 ...

BLOOMBERG Ryanair Holdings Plc said aircraft deliveries may be at risk of delay ahead of the coming summer travel season as Boeing Co grapples with manufacturing issues after an accident on a 737 Max 9 earlier this month. Michael O’Leary, chief executive officer of the Irish discount carrier, said he’s stepping up inspections at Boeing, though he’s unsure how the ...

BLOOMBERG A federal judge blocked JetBlue Airways Corp’s $3.8 billion acquisition of Spirit Airlines Inc, saying the combination would stifle competition and raise fares for consumers. US District Judge William G Young sided with the federal government and said the merger would harm cost-conscious travellers by eliminating the nation’s dominant deep-fare discount airline and drive up prices across the industry. ...

BLOOMBERG Reaction Engines Ltd, a UK company behind a rocket engine designed for hypersonic flight that is backed by industry heavyweights such as Boeing Co, is examining ways to cut costs to delay asking shareholders for more funds. The company, which has raised more than £150 million ($191 million) from investors, will run out of cash by the end of ...