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Saudi Oger to sell half stake in Medinah airport

  Bloomberg Saudi Oger Ltd., the construction company owned by Lebanon’s Hariri family, is in talks to sell half its stake in the company that operates Saudi Arabia’s Medina airport to Turkish partner TAV. The two companies have started talks on the transfer of a 16.7 percent stake in Tibah Airports Development, TAV said in an e-mailed statement. The deal ...

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Malaysia-bound flight ended up in Melbourne due to wrong inputs

  AFP A Malaysia-bound AirAsia X plane which took off from Sydney ended up in Melbourne instead after the pilot entered the aircraft’s wrong longitudinal position, safety officials revealed on Wednesday. The Airbus A330-300 left Sydney en route to Kuala Lumpur on March 10 last year but air traffic controllers went on alert after it began flying in the wrong ...

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Ex-Malaysia Air CEO to join Emirates

  Bloomberg Christoph Mueller, previously chief executive officer at Malaysia Airlines Bhd., joins Persian Gulf carrier Emirates this month in a newly created position that will see him play a significant management role at the biggest airline by international traffic. The German, who also ran Ireland’s Aer Lingus and former Belgian flag carrier Sabena, starts on Sept. 20 as chief ...

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