SaudiGulf Airlines has officially announced the acquisition of another ten A320neo aircraft by signing a deal directly with the aircraft manufacturer. The partnership between SaudiGulf Airlines and Airbus is an existing one as the carrier already operates a total of six A320 airplanes in Dammam. The newly purchased A320neos will allow the carrier to further […]

The aircraft leasing specialist Avolon has officially signed a lease agreement with Vistara for the acquisition of 15 Airbus A320neo aircraft. The carrier is a joint venture between Tata Sons and Singapore Airlines and its objective is to launch new routes and open up new opportunities for growth by using Airbus’ modern and technologically advanced […]

Emirates Group has announced its financial and operational performance for 2018’s half-year period, showing revenue growth. During the half-year time period of 2018-19, the company reported a jump in revenue by 10%, reaching AED 54.4 billion. However, profits dropped by a substantial 53%, lowering to AED 1.1 billion. The large difference in profit was mainly […]

Gulf Air and aircraft leasing specialist SMBC Aviation Capital have announced that they have officially signed a sale/leaseback agreement for six Airbus A320neos. The agreement marks the first deal between the companies and has been finalized after substantial negotiations. The Chief Executive Officer of SMBC Capital Aviation, Peter Barrett, commented that the company is delighted […]