Tuesday 24 September 2024
 
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budget airline

Turkish Technic to offer component support to Citilink under new deal

Turkish Technic, one of the largest maintenance, repair, and overhaul (MRO) companies in the world, will provide component support and solution services to Citilink, a leading budget airline in Indonesia, under a new agreement. The new

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Air Arabia flies high with $125m Q2 profit; turnover hits $344m

Sharjah-based Air Arabia has announced record financial and operational results for the second quarter and first half as the airline continues to demonstrate remarkable performance and growth.   One of the larges

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Air Arabia set to distribute 15% cash dividends for 2022

Sharjah-based budget carrier Air Arabia has announced that it has won approval from its shareholders at the company’s Annual General Meeting (AGM) for the distribution of 15% cash dividend for the financial year ending December 31, 2022.

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Air Arabia posts record $272m net profit in 2019

Air Arabia, the region’s first and largest low-cost carrier, has announced a record year of profitability and continued growth in 2019 with a net profit of Dh1 billion ($272.2 million) for the full year ending December 31.  

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Jazeera takes delivery of fourth Airbus A320neo

Kuwait's leading low-cost carrier Jazeera Airways said it has taken delivery of its new Airbus A320neo aircraft. This is the fourth A320neo to join the airline’s fleet and the third to be delivered in 2019.   

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Air Arabia posts record 2017 results, net profit up 30pc

Sharjah-based budget carrier Air Arabia said it has once again delivered high levels of profitability and growth across the breadth of its operations for 2017 clocking a net profit of Dh662 million ($180.2 million), up 30 per cent over Dh509 mil

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IndiGo takes delivery of first ATR 72-600 aircraft

IndiGo, the largest and fastest growing low cost carrier in India, said it has taken delivery of its first ATR 72-600 aircraft (VT-IYA) thus taking the company one step closer to the launch of its Turboprop operations by year-end.

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Jazeera Airways unveils biggest sales promotion

Jazeera Airways, a leading Kuwait-based budget airline, has launched its biggest-ever promotion offering 100,000 low-fare tickets across its global network for sale at up to 50 per cent discount. A major Kuwaiti carrier with regio

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Iraq launches its first budget airline

Iraq has launched its first privately owned budget airline, Fly Baghdad, as the government allows greater competition. With Abdulla Al Jubouri as its executive director, the company was formed by a group of Iraqi businessmen with

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Germanwings disaster 'not to harm budget carriers' image'

The disaster at budget airline Germanwings which killed 150 people will not harm the image of low-cost air travel in Europe, easyJet chief executive Carolyn McCall said on Tuesday. Airlines across the world were left reeling after

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