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Fatima bint Mubarak visits Supreme Council for Motherhood and Childhood’s headquarters in Abu Dhabi

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, President of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation and Mother of the Nation, has visited the Supreme Council for Motherhood and Childhood to review the achievements of its programmes and initiatives over the past 20 years. ...

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IATA reports global passenger demand up 16.6 percent in January

GENEVA / WAM The International Air Transport Association (IATA) released data for January 2024 global passenger demand indicating a strong start for the year. Total demand, measured in revenue passenger kilometres (RPKs), increased by 16.6 percent. Total capacity, measured in available seat kilometres (ASK), increased by 14.1 percent. The load factor was 79.9 percent, which is an increase of 1.7 ...

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Airbus forecasts Middle East’s commercial aircraft services market value to double to $28bn by 2042

ABU DHABI / WAM The Middle East’s commercial aircraft services market will more than double in value by 2042, according to Airbus’ latest Global Services Forecast (GSF). Growing to $28 billion from $12 billion, and registering a 4.4 percent average annual growth, the regional expansion will surpass the global average growth of 3.6 percent. Today, five of the world’s largest ...

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Etihad Airways revenue hits AED20.3 billion in 2023

ABU DHABI / WAM Etihad Airways announced its financial results for the full year 2023, reporting total revenue of AED20.3 billion ($5.5 billion) for the year ended on December 31, 2023. The company’s total revenue was AED18.3 billion ($5.0 billion) in 2022. The airline recorded AED1.4 billion ($394 million) operating result, driven by AED4 billion ($1.1 billion) year-on-year growth in ...

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MBRAH, Tim Aerospace break ground on new MRO hangar

DUBAI / WAM The Mohammed bin Rashid Aerospace Hub (MBRAH), Dubai’s aerospace platform dedicated to the advancement of the aviation industry, and Tim Aerospace broke ground on their new hangar at Dubai South. The new facility will be built with the maximum allowed design dimensions, making it one of the largest wide-body capable aircraft MRO hangars in the GCC, with ...

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Abu Dhabi Exports Office takes part in TXF MENA conference

ABU DHABI/ WAM The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), participated in the TXF MENA conference, marking the third consecutive year of its engagement with the event. The conference, which took place in Dubai on 5-6 March, brought together industry leaders and experts to discuss the current economic dynamics and provided ...

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