Bloomberg JetBlue Airways Corp. plans to reduce annual costs by as much as $300 million by 2020 after efforts to boost revenue over the past two years have done better than the company expected. The largest share of savings — as much as $125 million — will come in aircraft maintenance operations, with additional cost reductions being generated by …

  BEIRUT / Reuters European planemaker Airbus and Iran Air will finalise a deal to buy aircraft in two weeks, the head of Iran’s flag carrier said, adding Airbus has agreed to provide financing for 17 planes. Uncertainty over financing of the deal and political opposition in the United States against Iran have slowed down Tehran’s efforts to import aircraft …

  RIYADH / Emirates Business flynas, the Saudi National Air Carrier, has broken a new record in the number of passengers travelling on the low cost Saudi carrier by approximately, 550,000, in November of this year, 2016, with an increase of 67% in the number of passengers in comparison to November of 2015. This record number of passengers is the …