QatarEnergy, Korea's HHI sign $3.9bn deal for LNG carriersQatarEnergy has signed an agreement with Korea’s HD Hyundai Heavy Industries (HHI) for the construction of 17 ultra-modern LNG carriers. The deal, valued at 14.2 billion Qatari Riyals ($3.9 billion), mark More… |
Alba commissions solar charging stations for EVs, carriersAluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, is accelerating its actions towards carbon neutrality with the commissioning of three solar charging stations that will cater to Electric Vehicles (EVs) and Solar- More… |
Mideast carriers see 14.7% drop in cargo in NovemberMiddle Eastern carriers experienced a 14.7% year-on-year decrease in cargo volumes in November 2022, said the International Air Transport Association (IATA) in its November 2022 global air cargo markets report. This was a marginal More… |
Mideast carriers see 15% drop in cargo volumes in OctMiddle Eastern carriers experienced a 15% year-on-year decrease in cargo volumes in October, as headwinds continued to affect global air cargo demand, said the International Air Transport Association (IATA) in a new report. More… |
War in Ukraine and Omicron weigh on air cargo: IATAMiddle Eastern carriers experienced a 9.7% year-on-year decrease in cargo volumes in March as the effects of Omicron in Asia and the Russia-Ukraine war contributed to the decline of global air cargo markets. More… |
War in Ukraine and Omicron weigh on air cargo: IATAMiddle Eastern carriers experienced a 9.7% year-on-year decrease in cargo volumes in March as the effects of Omicron in Asia and the Russia-Ukraine war contributed to the decline of global air cargo markets. More… |
Huawei, Mideast carriers meet to discuss 5G monetisationWith 5G monetisation a key issue, Huawei hopes to become a trusted partner of operators in digital operations transformation and continue to contribute to the commercial success of operators. At a high-profile More… |
ME carriers continue to see weak air travel demand in AprilMiddle Eastern airlines posted an 82.9 per cent demand drop in April compared to April 2019, which was weaker than the 81.6 per cent decline in March, versus the same month in 2019, new data revealed. Acc More… |
Negative demand continues for ME carriers in FebMiddle Eastern airlines saw demand fall 83.1 per cent in February compared to February 2019, worsened from an 82.1 per cent demand drop in January, versus the same month in 2019. According to figures rele More… |
ME carriers record worst year in aviation history in 2020Middle Eastern airlines’ annual passenger demand in 2020 was 72.9 per cent below 2019. Annual capacity fell 63.9 per cent and load factor plummeted 18.9 percentage points to 57.3 per cent. According More… |