May 2013

Oman Air orders A330s 22 May 2013

Middle Eastern carrier signs order for three A330-300s with Airbus.

Air Arabia secures $350mn financing 21 May 2013

UAE-based carrier mandates two regional banks for A320 deal.

Update: Kuwait eyes Airbus deal 17 May 2013

Airbus confirms that it has been selected by the Gulf carrier for order.

Clyde & Co adds MENA partner 15 May 2013

Sidanth Rajagopal joins the firm’s Dubai office from Clasis Law.

Air Arabia posts Q1 profit boost 14 May 2013

Middle Eastern low cost carrier enjoys 20% profit increase for first quarter.

Kuwait Airways eyes Airbus deal 13 May 2013

Middle Eastern carrier may place order for A350s and A320 Neos.

Treasury team of the year 2012: Emirates 10 May 2013

Last year Emirates raised more than $6 billion of diversely sourced debt to add 33 new aircraft to its expanding fleet. The treasury team discusses evolving financial strategy and recent achievements with Joanna Vickers.

Emirates reports 34% annual profit boost 10 May 2013

Gulf carrier Emirates posts $845 million net profits for its last financial year.

Dreamliner groundings cost Qatar $200mn 07 May 2013

Middle Eastern carrier suffers $200 million losses from its inactive 787s.

Etihad to wet lease Atlas Air Freighter 03 May 2013

Middle Eastern carrier expands cargo fleet with leased 747-8.

DAE cancels Boeing orders 03 May 2013

Dubai-based lessor cancels $1.76 billion order for 747-8s.

Qatar Airways resumes 787 flights 02 May 2013

The carrier's five Dreamliners are due to be back in service in mid-May.

Update: Alafco leases A320 to Nordwind 01 May 2013

Kuwaiti lessor places one A320 with Nordwind Airlines.

April 2013

Alafco refinances A320 26 April 2013

The lessor is leasing the narrowbody to Russian carrier Nordwind.

Jazeera Airways triples Q1 profit 26 April 2013

Kuwaiti low cost carrier posts $12.6 million profit for first quarter of 2013.

Update: Etihad to buy Jet Airways stake 25 April 2013

Etihad will invest a total of $600 million into the Indian carrier.

Etihad to buy Jet Airways stake 24 April 2013

Gulf carrier agrees to acquire stake in Jet Airways for around $379 million.

Gulf Air narrows Q1 losses 24 April 2013

Bahraini carrier reduces operating loss three months after restructuring plan launched.

Israel’s airlines strike about open skies agreement 22 April 2013

Israeli carriers strike in protest at EU open skies agreement plans.

Tunisair job cuts approved by government 22 April 2013

North African carrier to cut its workforce by 20%.

MEA bids for Cyprus Airways 22 April 2013

Middle East Airlines is in talks to acquire the Cypriot carrier.

Etihad secures Islamic financing for 777s 22 April 2013

UAE carrier signs financing deal with First Gulf Bank.

Air Arabia closes A320 deal 19 April 2013

The carrier has financed the narrowbody under an export credit agency (ECA) backed loan.

Deals of the Year 2012: Innovative Deal 19 April 2013

Doric/Emirates EETC

Deals of the Year 2012: Middle East deal 19 April 2013

Etihad's Air Berlin investment.

Etihad and Jat launch codeshare 16 April 2013

Etihad eyes Balkan market through alliance with the loss-making Serbian carrier.

El Al to sell up to $75mn stake 15 April 2013

Israeli carrier will sell up to 47% of its shares to Fimi Opportunity Funds.

Update: Iraqi Airways to receive 737s 08 April 2013

The Middle Eastern carrier will take delivery of the aircraft directly from Boeing.

Iraqi Airways to receive 737s 05 April 2013

Iraq’s flag carrier expects to add two 737s to its fleet this year.

NAS Air agrees A320 leases 05 April 2013

The Middle East carrier will lease the jets from Air Lease Corporation (ALC).

Etihad's Hogan slams legacy alliances 04 April 2013

Etihad's CEO criticises airline alliances stating future is in equity stakes.

Update: Oman Air mulls subsidiary 03 April 2013

Gulf carrier is conducting feasibility studies for new regional low cost carrier.

Oman Air mulls LCC subsidiary 02 April 2013

Oman’s national airline plans to launch a new low cost carrier.