Kuwaiti low-cost airline Jazeera Airways wants to establish a subsidiary in Saudi Arabia, which will be based in Dammam. The Board of Directors approved the plan during a meeting on March 12, the airline says in a key information disclosure. Saudi Arabia has been on...
UPDATE – The Saudi Arabian Public Investment Fund (PIF) has officially announced it will launch a second national airline, Riyadh Air. The carrier will be chaired by former Etihad Airways CEO Tony Douglas and has ambitious growth plans with a fleet that includes...
Air Arabia Group reported its highest-ever profit, ending 2022 with a net profit of AED 1.222 billion. This outperforms 2019 when the airline produced an AED 1.008 billion net profit. It confirms that the carrier has solidly left behind the pandemic years. Air Arabia...
Air Arabia reported a record-high net profit for Q3. Notwithstanding the economic and geopolitical uncertainties, the carrier continued its strong form which was already evident in the first six months of 2022. Air Arabia Group almost doubles net profit in Q3. Air...
Air Arabia plans to establish a new joint venture airline in Sudan, called Air Arabia Sudan. The airline has partnered with privately owned DAL Group to develop a low-cost carrier. It will announce details about its launch date and network at a later stage. Air Arabia...
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