aviation

Dubai passenger traffic rises to 18.9 pc in May

Dubai International, the world’s second busiest airport for international passengers, racked up another month of double-digit growth in May, with an 18.9 per cent increase in passenger numbers, according to a traffic report issued by the operator, Dubai Airports, on Wednesday.

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Buyer patience put to test

Airbus and Boeing pulled in $129 billion in fresh business at the Paris Air Show with orders for 848 aircraft, straining their production lines as much as the patience of buyers forced to wait years for their jets.

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Superjet tests export market

Interjet, the Mexican low-cost airline that received its first Superjet 100 regional plane this week, may determine whether the Russian-built model succeeds outside its home territory, the project’s Italian partner said.

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AirAsia X IPO raises $309 million

Malaysian long-haul budget carrier AirAsia X has priced its initial public offering, or IPO, at 1.25 ringgit per share, raising 987.7 million ringgit ($308.8 million) for fleet expansion as it targets buoyant travel demand in the Asia-Pacific region.

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