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flynas plans to open two new hubs in Dammam and Madinah in Saudi Arabia. (Image source: Laurent Errera/Flickr)

Saudi Arabian airline flynas has announced plans to move out of the low-cost carrier business model and start operating as a hybrid carrier by 2014 to attract more passengers in the near term

Boeing estimates that 10 per cent of the demand for new aircraft in the Middle East will be for the Boeing 747. (Image source: Boeing)

Boeing has estimated that airline operators in the Middle East will require 2,610 new aircraft worth about US$550bn over the next 20 years

flydubais loan would cover the purchase of two recently delivered Boeing 737-800s, of one aircraft which is scheduled for delivery by end of 2013 and for three more which would be delivered in 2014. (Image source: flydubai)

Dubai-based budget airline flydubai has secured a US$228mn loan from five regional and international lenders to finance its purchase of six new Boeing 737-800 aircraft

Qatar Airways plans to place an order for more new aircraft at the upcoming Dubai Airshow. (Image source: RHL Images/Flickr)

Qatar Airways has said it will receive delivery of 80 new A350 jets from Airbus during the second half of 2014

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