Several Arabic dailies in Saudi Arabia reported that General Authority for Civil Aviation (GACA) signed a 15 year "Public Private Partnership" based agreement with the international firm Plaza Premium and its local partner, Meeza Company.

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Aviation Link, the aircraft management company based in Jeddah, Saudi Arabia, is to manage two new-build Airbus VIP aircraft, an ACJ319 and an A319, on behalf of two customers, adding to the already extensive fleet of Airbus corporate jets in the Middle East. Read More

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Although unrelated to Cargolux suspending the scheduled delivery of the Boeing on 17th Sept. 2011. It clear there is no validity in the unsubstantiated press reports linking Cargolux action with Qatar Airways recent acquisition of 35% share of the cargo airline. Read More

Singapore - The International Air Transport Association (IATA) announced an upgrading of its industry profit expectations to $6.9 billion (up from $4.0 billion projected in June). IATA emphasized that, despite the improvements, profitability at these levels is still exceptionally weak (1.2% net margin) considering the industry’s total revenues of $594 billion. Read More

According to a report dated 09/18/2011 in Germany's Der Spiegel newspaper, a delegation from Qatar government met with German Economy Minister Philipp Roesler, in a first round of negotiations to acquire a 7.5 % stake. 

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