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Air Arabia filed a lawsuit against Abraaj founder Arif Naqvi, becoming the first publicly-traded company to in...
Oman’s Ministry of Transport and Communications has officially opened Duqm Airport under the patronage o...
Emirates plans to reduce its number of flights by 25 percent during the closure of Dubai International Airport...
Jet Airways India Ltd. is running out of money, forcing it to weigh re-starting bailout talks with Tata Group,...
Saudi Arabian discount carrier Flyadeal will defect to Boeing Co. jets from an all- Airbus SE fleet after orde...
Air Arabia PJSC fell in Dubai after the airline disclosed exposure of $336 million to funds managed by Abraaj Group, the private equity firm that’s being restructured. The shares declined 3.... Read more
Air Arabia PJSC appointed a team of experts to ensure its investment in funds managed by Abraaj Group Ltd. is protected as the Dubai-based private equity firm battles creditors. “As part of... Read more
Forget autonomous cars — your next taxi might whiz you across town through the air. Volocopter GmbH, a German startup backed by Intel Corp. and Daimler AG, has built a drone-like elect... Read more
Emirates Airline said any merger plan with Abu Dhabi’s Etihad Airways PJSC is for shareholders to decide and no such development is likely any time soon. “That is in the hands of the shareho... Read more
Two of Airbus SE’s flagship A380 superjumbos moved closer to the scrapheap after a search for new operators failed to secure firm bids. Negotiations with British Airways, Iran Air and Hi Fly... Read more
Emirates, the world’s biggest long-haul carrier, can’t understand why robots — like the ones used by Amazon.com Inc.’s warehouses — aren’t handling airport baggage yet. Outlining... Read more
DAE Capital, the leasing division Dubai Aerospace Enterprise (DAE), recently signed three agreements to sell 16 aircraft with a total market value of $900 million. The aircraft covered by th... Read more
Dubai Aerospace Enterprise (DAE), a Dubai-based aircraft leasing company, has signed an unsecured four-year revolving credit facility with an initial commitment of $480 million as it seeks t... Read more
U.S. regulators have approved a Buck Rogers makeover of Boeing Co.’s revamped 777 jetliner that will allow the tips of its massive wings to fold upward after landing so the plane can park at... Read more
Andy Trench made $2,000 a day in 2015 taking sky-high photographs along the East Coast with a drone he made himself. Now, that same work fetches about $175. “It’s apparent that a lot of this... Read more
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