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Etihad Rail signs JV to run UAE’s first freight service
The developer and operator of the UAE’s national railway network has signed a joint venture with DB Schenker Rail, a subsidiary of Germany-based Deutsche Bahn, or DB.
Etihad to raise Air Berlin stake to 49.9%: Report
Citing company sources, the magazine said a group of German shareholders, among them former and current company executives, would raise their stakes to hold more than 50 per cent between them, preserving the carrier’s German status.
Air Arabia offers return tickets for Dh399
The offer comes barely a week after the airline had launched a similar scheme last week, under which tickets went for as low as Dh444.
Second Global Aerospace forum in UAE this April
The summit will be held on April 7-8 on Saadiyat Island and is expected to attract more than 1,000 C-level executives across the world.
Regional airports to offer great potential for India
There is a large untapped potential for growth in India as access to aviation is still a dream for nearly 99.5 per cent of the population.
Full speed ahead for Emirates
Tim Clark says Emirates prefers to grow organically and sukuk is one of the key options to finance new aircraft orders
Air Arabia offers return tickets for as low as Dh444
The destinations that the offer covers are Bahrain, Doha, Kuwait, Salalah, Alexandria, Amman, Beirut, Istanbul, Khartoum, Medinah and Nairobi.
Australia rejected Qantas request for $2.7 billion loan
In the wake of Monday’s decision to allow greater foreign ownership of Qantas, Prime Minister Tony Abbott said his ministers had acted on expert advice.
Etihad looking into Alitalia investment
Hogan, who was in Rome on Friday where he met the board of directors and senior management of the loss-making airline along with the ministers of finance and transport and other top officials, discussed the issues related to the investment.
Flydubai profit soars 47% to Dh223m in 2013
The budget carrier generated Dh3.7 billion revenue last year and carried 6.82 million passengers, reflecting a year-on-year increase of 38 per cent due to continued demand for travel within a five-hour flying radius of the airline.
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