West Asia/Africa
ATW Daily News
Monday May 12, 2008Etihad Airways will lease two new A320-200s from CIT Aerospace, the lessor announced. Aircraft are powered by IAE V2527-A5s and will be delivered by year end.
Airbus conducting A380 'review'; Emirates says more delay could cause 'serious damage'
Wednesday May 7, 2008Airbus confirmed yesterday that CEO Tom Enders sent a letter to A380 customers revealing that the manufacturer is "undertaking a review of the A380 program," and Emirates and Etihad Airways said they had been warned by the company that further delivery delays are possible. [more]
Iraqi government finalizes 737 order as key step to fleet renewal
Tuesday May 6, 2008Boeing yesterday finalized and revealed details of the Iraqi government's order for 30 737-800s plus 10 options and said it is in the process of finalizing an order for 10 787s, calling the aircraft purchase agreements "the first step in reestablishing that country's scheduled commercial aviation operations." [more]
Tuesday May 6, 2008Etihad Airways said it achieved 100% e-ticketing across its entire network of 45 destinations after bringing Peshawar, Tehran and Khartoum online. The Abu Dhabi-based carrier achieved 96% e-ticketing with its interline partners.
Emirates reportedly receives up to $110 million in A380 delay compensation
Monday May 5, 2008Emirates received up to AED404 million ($109.9 million) from Airbus as compensation for A380 delivery delays, Reuters reported. The airline, which unveiled its full-year financial results last week (ATWOnline, May 1), listed the gain in its annual report as related to "liquidating damages" and President Tim Clark told the news service that a "large part of that was part of the compensation deal for the delay of the A380s." He said EK expects to take five A380s this fiscal year and 12 in the year ending March 31, 2010.
Monday May 5, 2008LCAL of Dubai placed an order for GEnx engines to power up to 13 787s, GE announced. Engines are valued at more than $350 million at list prices.
Monday May 5, 2008Air Arabia will open a third hub in Rabat in the second half of this year in order to connect to European destinations, the Arab Air Carriers Organization reported. The LCC has entered into a joint venture with privately held Regional Air Lines and Bahrain Ithmaar Bank. It launched a second hub in Kathmandu in January in partnership with Yeti Airlines (ATWOnline, Jan. 15).
Royal Jordanian narrows first-quarter loss
Thursday May 1, 2008Royal Jordanian posted a JOD2.9 million ($4.1 million) loss in the first quarter, a 22% improvement on the loss incurred in the year-ago period. Operating revenue rose 31% year-over-year to JOD140 million, reflecting a 17% increase in passengers carried and a 2-point improvement in load factor to 68%.
Separately, President and CEO Samer Majali conceded that RJ's long-haul fleet modernization will be affected by the 787 program delays. He said the carrier is negotiating with Boeing and leasing companies to find alternative aircraft to absorb a postponement of 1.5-2.5 years from the originally scheduled first delivery in 2010. It has four of the aircraft on order and intends to take an additional eight on lease (ATWOnline, Jan. 24).
Articles
Chutzpah Airline
By Leonard HillPrivatized and profitable, El Al broadens its market niche as a takeover by Arkia looms
Tunisair Aims for Recovery
By Tony VandykThe historically profitable airline saw profits fall with tourism in the wake of terrorist attacks.
Heavy Maintenance Directory
Our guide to the world's commercial airframe and engine repair bases.
A New Cargo Heavyweight
By Cathy BuyckAt many airports, the cargo business is an afterthought. Dubai sees it as a main course.
The Sky is the Limit
By Cathy BuyckWith more than $4 billion committed to new infrastructure projects, Dubai International Airport is on its way to becoming one of the world's premiere international hubs.
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