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Airbus latest

SriLankan Airlines’ Former Chief Remanded Over $2 Million Airbus Bribery
February 9th, 2020 - 12:26 GMT

SriLankan Airlines’ Former Chief Remanded Over $2 Million Airbus Bribery

Kapila Chandrasena, former CEO of SriLankan Airlines — his country’s national flag carrier, has turned himself in to local police in a $2 million graft scandal involving French aircraft producer Airbus. Chandrasena and his wife, Priyanka Niyomali Wijenayake, were arrested on money laundering charges on Thursday and remanded until Feb. 19 by the Colombo Fort Magistrate’s Court. Their arrest warrants were issued by the attorney general, who named them as ...
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A company source said Kuwait Airways had been negotiating to lease the Jet Airways aircraft for eight years in a deal worth 134 million dinars ($473.7 million) but decided instead to buy the planes for 77 million dinars.
November 26th, 2013 - 10:46 GMT

Stingy or frugal? Kuwait Airways chief suspended over plan to buy used aircrafts

Over the last decade, the region has established itself as a key player in aviation – just look at Etihad Airways, Emirates and Qatar Airways and the way they have revolutionised air travel.
November 24th, 2013 - 05:29 GMT

Delusion or reality? The new kind of 'industrial revolution' awaiting the Gulg

Emirates was likely to buy 150-200 such jets, with the bigger portion comprising the 777-9, analyst Ahmad said, adding that at list prices, the order could be worth as much as $40 billion or more.
November 17th, 2013 - 10:09 GMT

Emirates purchases at Dubai Airshow projected as 'biggest news item of the year'

The Dubai Airshow has taken off. (Image credit: Shutterstock)
November 17th, 2013 - 09:19 GMT

Deals galore at Dubai Airshow

Emirates and Dubai may make the majority of aviation headlines both regionally and globally, but Boeing is certainly aware of the huge potential Qatar holds.
November 14th, 2013 - 10:54 GMT

Boeing and Qatar Airways: What's their relationship status?

Despite regional challenges, Air Arabia posted an impressive growth in revenue for the first nine months of the year. (Image credit: Shutterstock)
November 12th, 2013 - 05:28 GMT

Low cost airline pioneer's revenues take off

The 2013 Dubai Airshow next month is set to be the biggest in the event’s history, organisers said at a media event.
October 31st, 2013 - 01:14 GMT

Dubai Airshow 2013 to be the biggest in the event's history

The Dubai-based Emirates airline, which is said to be in talks with Boeing for its 777X new-generation aircraft, and also with Airbus for ordering more of its A380, will account for bulk of the orders with an estimated value of above $50 billion.
October 29th, 2013 - 11:49 GMT

UAE airlines ready to splurge $90 billion on aircrafts

"We have pretty much the same strategy for the next financial year as this year. It's going to be a diversified structure," Brian Jeffery, senior vice president for corporate treasury at Emirates said in an interview.
September 26th, 2013 - 09:20 GMT

How Emirates Airlines plans to finance its $4.5 billion new aircrafts bill

On its current trajectory, the airport is well on track to displace Heathrow as the world’s second busiest airport
September 25th, 2013 - 11:06 GMT

Dubai's airport about to outdo Heathrow

John Travolta dubbed Dubai as “the ultimate futuristic city." (Image: Facebook)
September 10th, 2013 - 01:22 GMT

John Travolta lands in Dubai and dubs its skyline as best in the world

Qantas and Emirates' A380's to fly over Emirates and Australia (Getty images).
August 13th, 2013 - 01:33 GMT

Australian Qantas chooses Emirates over Etihad

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