GulfBase Live Support
24/11/2016 05:55 AST
Budget carrier Air Arabia, the UAE’s only publicly-listed airline, said on Wednesday it has confirmed options for five Airbus A320 jets. The additional aircraft, valued at $485 million (Dh1.78 billion) at list prices, will enter into service from the second quarter of 2017, Air Arabia said in statement. It is common for airlines to receive discounts on aircraft orders.
The options were part of a 2007 firm order for 44 A320s. The delivery of the original contract of the 44 firm orders and 5 options will be completed in 2017.
Gulfnews
20/03/2018
Air Arabia Egypt said on Monday it will launch direct flights between the Egyptian city of Sohag and Jeddah in Saudi Arabia from March 20, 2018. The airline, which is based in Sharjah but with four o
Gulf News
14/03/2018
Air Arabia’s shareholders on Tuesday approved the distribution of a 10 per cent cash dividend for the 2017 financial year during the company’s annual general meeting.
The dividend, which is
Gulf News
11/03/2018
Air Arabia has unveiled plans to order 100 narrow-body planes at list prices before the end of the year, a deal estimated to be valued at $11 billion, said a report.
Air Arabia currently o
Trade Arabia
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News