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24/07/2014 02:07 AST
Abu Dhabi Aviation, the largest commercial helicopter operator in the Middle East, reported over Dh109 million of net profit during the first half of 2014 - a 16 per cent increase over the Dh94.4 million from the same period last year.
The company also reported total revenues of Dh734.4 million - a six per cent drop from the Dh782.3 million during the first half of 2013.
The decline in revenue was related to Maximus whose main revenue-generating aircraft was down for check for most of H1 2014.
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The Abu Dhabi Aviation Group has signed up to launch the electric vertical take-off and landing aircraft in the UAE and outside.
An agreement has been signed with US firm Archer Aviation to
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Abu Dhabi Aviation, a commercial helicopter operator, on Sunday announced a net profit of Dh244.7 million for 2014, marking a rise from its 2013 figures of Dh223.7 million. However, revenues fell sli
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02/04/2014
Aviation and aerospace experts from the fast-growing BRICS countries will gather at the Global Aerospace Summit in Abu Dhabi next week, to share their experiences of supporting industrialisation, imp
Arabianaerospace
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25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times