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
Logistics
Boeing forecasts US$550 billion demand for new aircraft in Middle East
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
Switzerland?s Vertis Aviation to open first Middle East office in Dubai
Switzerland-based private jet operator Vertis Aviation is planning to open its first Middle East office in Dubai in early 2014
flydubai secures US$228mn loan for purchase of six new aircraft
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 expects delivery of new A350 jets in 2014
Qatar Airways has said it will receive delivery of 80 new A350 jets from Airbus during the second half of 2014