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Airbus SAS surpassed its 1,000-order annual sales target with three months to spare, even as Deutsche Lufthansa AG scrapped contracts for three A380 superjumbos.
Montreal-based company estimates order for at least 70 aircraft
Etihad Airways won Indian government backing to invest in Jet Airways (India) Ltd, paving the way for the first share sale by a carrier in the Asian country to a foreign airline since restrictions were eased.
Etihad Airways’ pact to buy a stake in Jet Airways won approval from India’s cabinet, paving the way for the completion of the first share sale by a local carrier to a foreign airline after rules were amended.
Shares in India’s Jet Airways jumped on Friday after the government cleared the group to sell a 24-per cent stake to Etihad in the first such foreign deal since reforms last year.
Dubai International airport, which is being expanded to handle 90 million passengers a year, could be shut in coming decades to focus traffic on a new super-hub under construction with as much as twice that capacity.
Abu Dhabi International Airport last night welcomed the inaugural flight of Philippine Airlines arriving from Manila.
Abu Dhabi International Airport saw a strong growth in aircraft movements, which grew 15.5 per cent year-on-year in August, with the growth in passenger numbers even better at 18.5 per cent.
World’s leading aviation group undergoes restructure to keep on par with growing air travel market in the Middle East