SHARJAH, 13th May, 2024 (WAM) — Air Arabia today reported a strong first quarter 2024 financial and operational results, as the airline continued to expand its network and further strengthening its leadership position in the market. Air Arabia reported a net profit of AED266 million for the first three months ending March 31, 2024; 22 […]
ABU DHABI, 25th April, 2024 (WAM) — Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport – Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture […]
ABU DHABI, 25th April, 2024 (WAM) — The Abu Dhabi Investment Office (ADIO) announced the signing of a framework agreement with Archer Aviation Inc., a leader in the development of electric vertical take-off and landing (eVTOL) aircraft, at the DRIFTx mobility event, at the Yas Marina Circuit here today. The mobility event showcases the latest […]
CAIRO, 14th April, 2024 (WAM) — The Egyptian government categorically denied the rumours circulated by some media outlets and social media platforms about the emergency closure of Egyptian airspace on Sunday. The Media Centre of the Egyptian Cabinet clarified in a statement issued today that air navigation in all Egyptian airports is operating normally without […]
SHARJAH, 26th March, 2024 (WAM) – Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has announced the resumption of its flights from Sharjah to Gizan in Saudi Arabia. The direct flights will connect Sharjah International Airport with King Abdullah bin Abdulaziz International Airport with a frequency of three […]
MONTREAL, 23rd March, 2024 (WAM) –In the first quarter of 2024, the International Civil Aviation Organisation (ICAO) projected that passenger air traffic levels will be around 2 percent higher than in 2019, with airlines expected to sustain their operating profitability seen in 2023. Demand this year is forecast to be around 3 percent above 2019 […]
SHARJAH, 15th March, 2024 (WAM) — Air Arabia PJSC shareholders approved the distribution of a 20 percent cash dividend for the financial year ended 31st December, 2023 (FY2023), at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the award-winning […]
ABU DHABI, 5th March, 2024 (WAM) – Aviation officials and experts in the Middle East have expressed their support for the Abu Dhabi Declaration, which sets out a common framework for the continuous improvement of air navigation services in the region. This came during the Twenty-First Meeting of the Middle East Air Navigation Planning and […]
MANAMA, 2nd March, 2024 (WAM) — His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended the final day of the Formula 1 Gulf Air Bahrain Grand Prix 2024, taking place from February 29 to March 2. The event marks the 20th year of Formula One races taking […]
