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Abdulaziz Alhamzi. (Asharq Al-Awsat)
Saudia flying high thanks to revenue boost
London, Asharq Al-Awsat—Saudi Arabia’s flag carrier has enjoyed a remarkably successful 2014 so far, with growing revenues and plaudits from consumer auditors. Saudi Arabia Airlines—known as Saudia—had its rating raised to ‘4 stars’ by the UK’s Skytrax airline and...Caption:
A picture taken on March 13, 2013 shows the logo on the wall of the Etihad Airways Headquarters in Abu Dhabi on March 13, 2014. (AFP PHOTO/KARIM SAHIB)
Etihad Airways H1 revenues up 28 pct on passenger, cargo growth
Abu Dhabi, Reuters—Abu Dhabi’s state-owned Etihad Airways, which plans to buy a 49 percent stake in Alitalia, reported on Tuesday a 28 percent jump in first-half revenues, helped by growth in passenger and cargo volumes. The carrier earned revenues of 3.2...Caption:
A model of an Airbus A350 passenger plane is displayed at a news conference in Hong Kong, March 7, 2011. (Reuters/Bobby Yip)
Emirates cancels order for 70 Airbus A350 planes
Toulouse, Reuters—Airbus lost a major order on Wednesday when Dubai’s Emirates airline cancelled its entire requirement for 70 A350 jets, dealing an unexpected blow to the European aircraft manufacturer and engine maker Rolls-Royce. Shares in Airbus fell more...Caption:
Undated file photo showing a Gulf Air Airbus A320 aircraft. (Reuters/Hamad Mohammed)