Aviation

Cash positive by 2018: AI

DUBAI — India’s loss-making national carrier Air India, which is getting a Rs300 billion ($5.8 billion) government equity infusion over eight years as part of a critical turnaround and overhaul plan, is on track to become cash-positive by 2018, the carrier’s Chairman and managing director Rohit Nandan said.

Aviation10 years ago

MORE FROM Aviation

Aviation

Sharjah Int’l Airport Q1 passengers jump 10.6%

SHARJAH — Statistics from Sharjah International Airport in the first quarter of the current year showed a 10.6 per cent increase in the number of passengers in comparison with the same period last year. The number reached 1,805,348 passengers compared to 1,631,680 passengers.

Aviation10 years ago

Aviation

SpiceJet says approached by Gulf, Asian carriers

DUBAI — India’s SpiceJet has been approached by several Gulf-based and Southeast Asian airlines but will not jump into negotiations before the government reaches a crucial decision on foreign investment, its chief executive said on Wednesday.

Aviation10 years ago

Record volumes at Abu Dhabi Terminals in 2011

Aviation

Record volumes at Abu Dhabi Terminals in 2011

Abu Dhabi Terminals (ADT) reports that the number of containers imported and exported through Mina Zayed by local businesses continue to grow. In 2011 ADT handled 767,713 TEU [an industry norm for twenty foot equivalent container units], which represents a staggering 47per cent increase on 2010.

Aviation10 years ago

Aviation

Emirates most valuable carrier

DUBAI — Emirates airline, one of the fastest growing international airlines, has been ranked the most valuable carrier in the world, according to Brand Finance’s latest Global 500 study.

Aviation10 years ago

Aviation

Inspiring the Gulf youth

DUBAI — The fifth and final day of the Dubai Airshow was a day that saw the first-ever ‘Futures Day’ — an event aimed at the UAE’s potential aviation professionals of tomorrow’s world. Nearly 700 senior-level students from key UAE colleges and universities attended.

Aviation10 years ago

Aviation

Etihad Airways signs $1billion deal

DUBAI — Etihad Airways on Thursday said it had selected Panasonic Avionics Corporation to provide in-flight entertainment systems and connectivity, including broadband and live television, for the airline’s entire fleet of long haul wide-body aircraft in a deal valued at around $1 billion.

Aviation10 years ago