Ryanair sees profits fall by a third as falling prices bite

Ryanair chief executive, Michael O’Leary, said: “Short-haul capacity growth and the absence of Easter in quarter four led to a six per cent fare decline, which stimulated seven per cent…

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Raffles Meradhoo takes brand into Maldives

The main island is home to Beach Villas and Beach Residences which opens on earlier this month, featuring private pools, generous living spaces and lavish marble bathroom with a sunken…

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Palm Jumeirah takes Dubai property record with latest deal

The off-plan property on the iconic Palm Jumeirah sold for US$20 million earlier, becoming the most expensive deal of the year so far. Lynnette Abad, director of research and data,…

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Jet Airways future remains grounded as banks seek investors

Etihad, which currently holds a 24 percent stake in Jet Airways, said it would acquire an additional minority stake in the debt-ridden carrier, but with several caveats. The conditions include…

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UK airline insolvency review recommends new levy on passengers

  The news comes as the government body publishes the final report from the independent airline insolvency review, which was chaired by Peter Bucks. Transport secretary Chris Grayling commissioned the…

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Oman aims to double the number of passengers passing through its airports by 2030

Oman is aiming to reach 40 million airline passengers passing through the sultanate’s airports by 2030, more than double the current number. Current figures show around 18 million pass through…

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SalamAir Adds Direct Flights to Kuwait City

The new service leverages the growth of tourism and business travel between both countries. Kuwait City became SalamAir’s sixth destination in the Gulf Cooperation Council (GCC) after direct flights to…

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