Geneva, The International Air Transport Association (IATA) announced a downgrade to its industry outlook for 2012 primarily due to rising oil prices. IATA expects airlines to turn a global profit of $3.0 billion in 2012 for a 0.5% margin.
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London/Offenbach am Main/Westport – Doric Asset Finance delivered two Airbus A319s to the Tunisian airline Syphax Airlines on 14th and 15th March 2012, respectively. Doric was also mandated with the asset management of the two aircraft.
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Dubai, /PRNewswire-USNewswire/ - Dallas/Fort Worth (DFW) International Airport, operator of the DFW Airport Foreign Trade Zone, and the Dubai Airport Freezone Authority (DAFZ) signed a Memorandum of Understanding today which creates a framework for a collaborative alliance between the two organizations.
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Amman, a Boeing 747-8F (Freighter) for the first time landed on the 6thof March 6th at Queen Alia International Airport (QAIA). The aircraft is operated by Cargolux International, the Luxembourg based international cargo operator.
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Dubai, Dubai International was recognized by Air Cargo Excellence Awards held in Kuala Lumpur on Monday as the "best airport for cargo in the Middle East".
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Abu Dhabi Airports Company (ADAC) signed a lease agreement with R-Offices to provide serviced offices to businesses at Al Bateen Executive Airport, the only airport in the Middle East dedicated to business aviation.
READ MOREGeneva, the International Air Transport Association (IATA) announced global traffic results for January showing a 5.7% rise in passenger demand but an 8.0% decline in air freight compared to the same month in 2011.
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