If Emirates Airlines is caught in the Dubai debt crisis, it may force the carrier to moderate its expansion, which could hurt aircraft manufacturers like Boeing and Airbus, as it has placed orders worth $55 billion with them.
Leading air carrier Emirates Airline registered a staggering 94 per cent increase in profits at $247 million during the last fiscal and aims to tap more destinations in the Indian subcontinent.
The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.
The airline has been trying to gain additional flying rights in India.
Indian airlines are expected to cancel 444 international flights due to airspace restrictions in the Middle East following attacks on Iran by Israel and the US. The civil aviation ministry is closely monitoring the situation and coordinating with airlines to ensure passenger safety and minimize disruptions.
In the largest such order, UAE's flagship Emirates Airline on Monday announced an order of 42 Boeing 777 aircraft, to be powered by GE90 jet engines, in a deal worth $9.7 billion.
Air India is upgrading its fleet of Boeing 787-8 aircraft, crucial for its long-haul operations, with retrofitting expected to be completed by early 2028. The airline has already received its first retrofitted plane, featuring a three-class configuration.
Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.
Travel situation from the Gulf region is gradually improving, with a significant number of passengers already returning to India.
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In 2014, about 650,000 customers used Emirates' Wi-Fi service on board.
The International Cricket Council confirmed that stranded players from the South Africa national cricket team and West Indies cricket team have finally left India after Gulf airspace closures during the West Asia conflict disrupted travel following the ICC Men's T20 World Cup.
'India is giving selective traffic rights wherever it makes sense to allocate those traffic rights.'
The ECB cancelled the England Lions vs Pakistan Shaheens match in Abu Dhabi and postponed the England Women's training camp after US and Israeli strikes on Iran triggered missile fire across the Gulf and airspace closures.
Indian badminton star PV Sindhu was stranded at Dubai airport due to flight suspensions caused by escalating tensions in the Middle East, casting doubt on her participation in the All England Open.
The ICC said the South African contingent had begun departing for home on Wednesday with "four players and five family members having boarded the flight".
'No civilian deserves to live in fear. No civilian deserves to be caught up in a war which is destabilising the entire region.'
Double Olympic medallist PV Sindhu was stranded at Dubai airport en route to the All England Open badminton tournament due to flight suspensions caused by escalating tensions in the Middle East.
Residents across the Gulf region, including the UAE, Bahrain, and Qatar, experienced fear and disruption following attacks, leading to flight suspensions and heightened security measures.
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Expanding the scope of hostilities, Zayed Port in Abu Dhabi, United Arab Emirates, was also targeted by missile strikes launched by Iran, according to a report by the Iranian state broadcaster, Press TV.
Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.
Indian badminton star PV Sindhu and her coach were stranded at Dubai International Airport following an explosion near their location, triggered by escalating tensions in the Gulf region.
With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.
It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.
Restricting air access to foreign carriers by not granting them more bilateral rights is akin to shooting yourself in the foot, as air transport is a wealth multiplier for India's economy, Emirates President Tim Clark said during a press conference held on the sidelines of the annual general meeting of the International Air Transport Association.
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Developing relations with the Taliban is needed, but plunging headlong into Afghanistan without due thought will be akin to the rooster entering a KFC outlet, warns Lieutenant General Prakash Katoch (Retd).
'We all make mistakes, but what is important is that you've got to get that out of your mind before the next ball commences.' K R Nayar recalls his many encounters with Dickie Bird, the legendary cricket umpire who passed into the ages this week.
Indian airports' push to become global hubs will depend on reducing passenger leakage to rival airports abroad, scaling up direct long-haul connectivity, and offering transfer experiences that are faster, smoother, and more attractive than those of regional competitors, said panellists at the Business Standard Infrastructure Summit on Thursday.
C P Rizwan led the UAE to its first win in a T20 World Cup match, played 42 ODIs and 18 T20Is before he retired this week. 'I end my international career with a heavy heart, but I feel proud of what I have achieved,' Rizwan tells K R Nayar.
'Pakistan is uncomfortable with the Indian presence in Afghanistan. They want the Taliban to ensure that there is no Indian presence in Afghanistan.'
The Dubai-based airline's deal with the Premier League champions is worth a potential 100 million pounds ($178.2 million), the biggest in English football history.
So far, carcasses of 32 flamingos have been recovered from Ghatkopar area, the police said.
"We see a strong demand and a good market. We will be launching 18 additional flights per week starting from July 1 and extending up to October," Emirates Airline's, vice president (India and Nepal), Orhan Abbas, told reporters in Dubai on Thursday. The three destinations are New Delhi, Hyderabad and Bangalore.
In a bid to attract more passenger traffic from India, UAE's Emirates airlines on Tuesday announced a special 'companion offer' on their newly launched service from five Indian cities to New York via Dubai.
Dubai-based Emirates Airline has started an online tourist visa service for its passengers, a move that could attract more tourists, including from India, who are not automatically granted visas on arrival.
The order, with a cumulative value of $18 billion, is the single largest commercial airplane order in Boeing's history by dollar value.
Dubai-based Emirates Airline has termed reports that it is holding discussions with Indian carrier SpiceJet for buying a stake in the airline as 'inaccurate' and said that it was busy with its own expansion plans.
The Dubai-based airline will commence six-times weekly non-stop services to Ahmedabad from October 28, providing a first direct link between India's sixth largest city and Dubai.