Airline operators in the Middle East have announced investments totalling more than US$150bn in new fleet at the 2013 Dubai Airshow, where Boeing and Airbus have been showcasing their latest models
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Saudi Arabia?s flynas to start operating as hybrid carrier by 2014
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 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