Travelers scramble as airlines cut flights amid fear of Iran-Israel war Germany's Lufthansa extended a suspension of services to Tel Aviv, Tehran, Beirut, Amman and Erbil to Aug. 13. Lebanon
UAE's Flydubai says Boeing delays hurt airline’s expansion plans The Virginia-based plane-maker has been beset by plane delivery delays since its best-selling narrow-body aircraft, the 737 MAX, was flagged for safety concerns and experienced technical problems and additional quality control processes. United Arab Emirates
Saudia inks deal for electric flying taxis from Germany amid airline order spree The agreement to purchase 50 jets, with an option for 50 more, was made with Lilium, headquartered outside Munich. Saudi Arabia
Qatar Airways sees annual profit climb by 39% to record $1.67B The Doha-based airline carried more than 40 million passengers over the 2023/2024 financial year, 26% more than over the previous year. Qatar
Analysis Can Modi fast-track India-Mideast-Europe corridor post-reelection? By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis Can Gulf investors outstrip China in Africa as UAE expands reach? By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
UK’s easyJet suspends Israel flights through October after Iran attack Britain’s biggest low-cost airline has suspended all service to Israel following Iran’s unprecedented attack on the Jewish state over the weekend. Israel
How Iran's attack on Israel is disrupting air traffic The weekend's Iranian attack has massively disrupted air traffic across the region. Israel
Gulf firms set sights on Western airports with Investcorp, dnata deals The Emirati sovereign fund Mubadala is also reportedly considering an event in London’s Heathrow Airport — another sign of Gulf interest in the West’s airports. United Arab Emirates
Turkey, UK to begin trade deal talks in June The official talks, set to begin on June 10, were announced following a Thursday meeting between the countries’ trade ministers in London. Turkey
UAE-India ties grow as DP World secures $422M for Gujarat container terminal Intiatives like the India-Middle East-Europe Economic Corridor have seen business deals flourishing between India and the United Arab Emirates. United Arab Emirates
Could Etihad Airways become first Gulf airline to launch IPO? The airline reported on Wednesday that it made a net profit for 2023 and 2022 after a string of substantial losses since 2016. United Arab Emirates
EV charging infrastructure needed to accelerate carbon emission cuts, says DP World The UAE-headquartered company's CEO Sultan Ahmed bin Sulayem told Al-Monitor that the sector could place more emphasis on equipment providers to allow for cost-competitive electric equipment to drive forward decarbonization goals. United Arab Emirates
Tesla, Volvo pause production lines, oil prices up amid Red Sea tension There is a fast-growing list of companies that have had to recalibrate their business strategies while the Red Sea shipping route remains volatile. Yemen
Analysis Could China’s COSCO halting ships to Israel spark crisis in Sino-Israeli relations? Experts see the move as part of Beijing's effort to echo what it sees as the voice of the global south regarding the war in Gaza. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Why has Iran Air abandoned plans to relaunch Saudi Arabia flights despite detente? The Iran Air flights to Saudi Arabia were intended to transport pilgrims to Jeddah and were scheduled to take off from Tehran, Mashhad and Isfahan on Wednesday. Iran
Bahrain's Investcorp buys 50% of Corsair's $4.8B infrastructure business The new entity, Investcorp Corsair, will continue to grow with a particular focus on transportation, logistics and related subsectors, a statement from the two companies said. Bahrain
How significant is Aras corridor for Iran, Azerbaijan to gain Black Sea foothold? A railway agreement in October between Iran and Azerbaijan has given a major boost to the potential of establishing the Aras corridor, offering Tehran a potential inroad into the Black Sea. By Rahim Rahimov In Baku, reporting on Middle East-Caucasus ties
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