Business

IATA Forecasts $4.3 Billion Loss for Middle East Carriers in 2026

IATA warns Gulf carriers face mounting pressure as jet fuel prices surge 70%. Middle East airlines are expected to swing to a combined loss of...

Flight Operations Paused at Munich Airport Following Tower Evacuation

Air Traffic Disrupted at Munich Airport After Smoke Detected in Control Tower. Flights at Munich Airport were suspended for nearly two hours on Sunday evening...

Oil markets retreat as investors weigh latest US-Iran developments

US downs Iranian drones as tensions escalate near Strait of Hormuz. Global oil benchmarks fell sharply early on Saturday as traders weighed a limited military...

Emirates transforms 88 tonnes of onboard plastic waste into new inflight products

Recycling initiative worth Dh50 million converts used meal trays into new items. Dubai: Emirates has recycled more than 88 tonnes of onboard plastic waste over...

Dubai route sees boost as Qatar Airways launches five daily flights

Dubai flight expansion reflects broader efforts by Gulf airlines to restore services. Dubai: Qatar Airways is increasing its Dubai operations to five daily flights this...

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