Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Dubai-based MAG Container Lines (MCL), a division of the multinational MAG Group, has added three new automated vessels to its existing fleet on the UAE-Iraq route. According to the report from TradeArabia, the addition of the Al Hussein, MAG Bride (pictured) and MAG Pearl boosts the company's potential capacity on the route by 60 […]
By John Lee. Thales has signed a contract with the Iraqi Civil Aviation Authority (ICAA) for the modernisation of Iraqi airspace. The company will deliver a TopSky-ATC centre in Baghdad, this in addition to the ATC centre equipped in Basrah in 2007; it will also supply 3 latest generation RSM970S secondary radars to the ICAA, […]
By John Lee. Zagrosjet has added a further destination from its base at Erbil in Iraq. On Monday the airline launched thrice-weekly flights to Amman in Jordan using its Airbus A321. Competition on the route is provided by Royal Jordanian, with nine weekly flights, Iraqi Airways with three, and Royal Falcon with two. (Source: anna.aero)
By John Lee. Bombardier Aerospace has announced that Iraqi Airways, the national carrier of Iraq, has signed a firm purchase agreement to acquire five CS300 mainline jetliners. The agreement, which also includes options on 11 CS300 aircraft, follows a letter of intent (LOI) to purchase the aircraft that was announced by Bombardier on November 19 […]
By John Lee. Iraqi Transport Ministry is negotiating with Airbus to buy a number of planes, according to a report from Aswat Al Iraq. Iraqi Transport Minister Hadi al-Ameri said the negotiations related to a number of A320 planes. He also confirmed signing the contract with the Canadian company Bombardier to buy ten planes, and […]
Bombardier Aerospace has announced that Iraqi Airways, the national carrier of Iraq, has signed a letter of intent (LOI) to acquire five CS300 mainline jetliners. The LOI includes options on 11 CS300 aircraft. Based on CS300 airliner list price, a firm order would be valued at approximately $387 million US and could increase to $1.26 […]
A Jordanian company has reportedly won the management contract for Iraq Gate, the first private jet company with an air operator’s certificate (AOC) in Iraq. Ahmad Abu Ghazaleh, CEO of Arab Wings, which is part of the privately-owned International Wings Group (IWG), said: “We established and now manage an Iraqi AOC, a company called Iraq […]
Basra's Arabian Gulf Academy For Maritime Studies will soon be able to offer its students a high-class hands-on training using three simulators from Transas: Engine Room simulator ERS 5000, GMDSS simulator and Radar/ARPA simulator. The simulators will provide trainees with a wide range of navigational and engineering skills. Engineers will acquire knowledge of operating an […]
By John Lee. Zagrosjet, a new carrier based at Erbil, has begun operating. According to Anna.aero, the airline will initially serve Adana and Ankara in Turkey, Beirut in Lebanon, and Stockholm Arlanda in Sweden. (Source: anna.aero)
By John Lee. The Iraqi cabinet has authorized the Transport Ministry to sign a contract with the Canadian firm Bombardier. The deal will involve the purchase of five CS300 aircrafts at a cost of $40 million each, according to a report from Aswat al-Iraq. (Source: Aswat Al Iraq)
By John Lee. RAK Airways will start flying to Najaf early next month, the carrier told Khaleej Times. The airline, which is celebrating its third anniversary, said that Najaf will be its first entry into Iraq. The route will be served by an Airbus A320. (Source: Khaleej Times)
Japan's Sumitomo Corporation has purchased about 320 million yen in shares (equivalent to 45% of shares) of SAS Automotive Services Ltd, a subsidiary of Iraq’s largest automotive business, the Sardar Group through a third-party allocation of shares. The company claims that this is the first private investment and joint venture by a Japanese company in […]
