Aviation Sector

First Dubai flight to Beijing launched by Hainan

The first direct flight has been launched by Hainan Airlines, which would connect Beijing to Dubai and would operate twice a week. GSA for the airline in the United Arab Emirates and the Gulf region would be Sharaf Travel.

Hainan Airline commenced operations on 2nd May 1993 in Hainan Province. The airline has a modern fleet of Boeing 737 and 767 aircrafts, as well as Airbus A330 and A340, apart from being the largest special economic zone in China.

Dubai sees new affordable airline Flydubai

Dubai, the place where the world's tallest building, the Burj Dubai, is being built, might see a low-fare new-entrant airline setting up in its wealthy kingdom.

The name of the airline is flydubai. Though it does charge extras, but you can carry on one 10kg handbag free of charge.

The statement read that the carrier aimed at providing customers with a little less complex, a little less stressful, and a little less expensive travel.

Emirates Airline results review

Despite the global economic downturn, Emirates Airlines has reported a full year net profit of Dh 982 million for the financial year 2008-09, down 80.4% over its 2007-08 record profits of Dh 5 billion, on declining passenger numbers and record fuel prices.

Emirates stated in a communiqué that the profit for the overall group, including Dnata and Emirates Sky Cargo, went down 72% to Dh1 billion compared to the previous year's record profits of Dh 5 billion.

Emirates Airline net profit down 72% in FY 2009

Emirates Airline, the Middle East's largest air-carrier, has announced that it has recorded a sharp 72% decline in its net profit, which stood at 1 billion dirhams ($406 million) for the financial year ended on March 31, 2009.

The company had clocked a profit of 5 billion dirhams ($1. 45 billion) in fiscal 2008.

The Group's revenues have witnessed handsome 10.4% growth at 46 billion dirhams ($12.6 billion) from 41 billion dirhams ($11.4 billion) last year.

Dubai World Central to start operations next year

As per the media reports, the June of the 2010 will witness UAE government's biggest urban development project, a high-tech city situated around world's largest airport starting operation.

On Monday, Sheikh Ahmed bin Saeed Al Maktoum informed via a statement that Dubai World Central (DWC), which is almost twice the size of Hong-Kong, will be under multi-phase development with 140 square kilometer developed area.

Nexans wins cable deal for Saudi airport

Nexans, a leading France based cable company, has announced that it has bagged a contract from Almabani to supply special airfield lighting cables for King Abdulaziz International Airport (KAIA) in Jeddah, Saudi Arabia.