by Jibran Munaf | October 12, 2024 | Aviation, Corporate Finance
India’s Adani Group is in discussions with a Middle East-based sovereign wealth fund (SWF) to raise up to $1 billion for its airports business, according to a report by Economic Times. The capital raise will be carried out in two phases, with the first round of funds...
by Jibran Munaf | October 6, 2024 | Automotive, Aviation, Travel
In a move aimed at transforming urban mobility in Dubai, the city’s listed parking operator, Parkin, has signed a Memorandum of Understanding (MOU) with UK-based Skyports Infrastructure. The collaboration will focus on developing vertiports—specialized...
by Jibran Munaf | October 5, 2024 | Aviation
Airbus delivered 50 aircraft in September, down from 55 in the same month last year, according to industry sources. Despite the drop, the European planemaker accelerated its deliveries after a slow start to the month. Delivery Target in Sight If the figure is...
by Priyanka Sharma | October 3, 2024 | Aviation, Industry, News, politics
UAE carriers Emirates and flydubai cancelled their flights to Iraq, Iran and Jordan on Tuesday due to rising tensions in the region. The flights were scheduled for Wednesday and Thursday.This after Iran reportedly fired its largest-ever barrage of ballistic missiles...
by Jennifer George | September 24, 2024 | Aviation, Industry, News
Several UAE airlines have suspended flights to Beirut as Israel and Hezbollah continue to trade waves of airstrikes. Budget carrier Flydubai has canceled flights to and from Beirut scheduled for the 24th and 25th of September. A Flydubai spokesperson informed that...
by Vasu Jit Kalia | September 20, 2024 | Aviation, Industry
Dubai International Airport (DXB) has been once again ranked among the world’s busiest airports for the international passengers, according to the report from the world’s leading data platform for the global travel industry (OAG). The airport handled 44.9 million...
