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Aviation

Etihad Airways buying 49% stake in Alitalia
UAE airline to inject $750m, hopes Italian carrier will return to profitability by ’17
Etihad Airways promises to restructure Alitalia
Abu Dhabi-based airline buys 49 per cent stake in Italy's loss-making national carrier.
Alitalia set to seal Etihad investment, secure jobs
After a final meeting between government officials and the chief executive of the Abu Dhabi carrier James Hogan, Transport Minister Maurizio Lupi announced an agreement that followed several months of negotiations.
Air Arabia touches down in Antalya
The new service from the carrier’s primary hub in Sharjah marks Air Arabia’s second destination in Turkey and 97th worldwide.
Middle East carriers lead global growth with 11% rise in demand
During the first six months of the year, global passenger traffic demand witnessed single-digit growth while Middle Eastern carriers continued double-digit growth.
Air India targets global aviation market
Pankaj Srivastava, director (Commercial) and a board member of Air India, said the airline will pull out all stops to utilise the opportunities and face the challenges that arise from the deal with the Star Alliance.
Flydubai forays into Iran
Flydubai on Sunday announced its foray into Iran with the launch of two destinations — Tehran and Mashhad.
Aviation sector to contribute 32% to Dubai’s GDP by 2020
Shaikh Ahmed went on to say, “We are confident about the airport handling over 70 million passengers in 2014 which will bring us further closer to becoming the world’s number one airport for international passengers,” he said.
Flydubai launches flights to Iran starting next week
The carrier, which took delivery of three new Boeing 737-800s in July, has grown its fleet to 39 aircraft with more than 100 new Boeing aircraft on order.
Airline travel still safest, says Iata
Every day, approximately 100,000 flights take to the sky and land without incident. Last year more than three billion people flew and there were 210 fatalities.
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