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Etihad Airways Delivers Strong Q1 Performance Amidst Expansion Drive
Etihad Airways reported a profit of 685 million dirhams for the first quarter of 2025, marking a 30% increase year-on-year. This growth was attributed to robust demand and enhanced operational efficiency. Total revenue rose by 15%, supported by gains in both passenger and cargo business. Passenger revenue climbed 16%
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Middle East set for 4,080 new aircraft deliveries by 2044
Airbus has forecasted a significant expansion in the Middle East’s aviation sector, predicting the need for 4,080 new passenger aircraft deliveries over the next two decades. This growth is expected to bring the region's in-service fleet from 1,480 aircraft in
Abu Dhabi’s Sanad Aerotech capitalises on engine-shortage surge
Abu Dhabi-based aerospace engineering firm Sanad Aerotech has reported a substantial increase in its order backlog and rapid expansion into new engine platforms as airlines face global supply-chain constraints in engine manufacturing. The company disclosed that its backlog rose by
Alpha Dhabi outlines new payouts strategy
Alpha Dhabi Holding moved to reassure investors with confirmation of a new three-year dividend framework and a parallel plan to repurchase a portion of its shares, signalling a strategic effort to sustain value creation across its portfolio. The Abu Dhabi-listed