Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
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 […]
By John Lee. The American company MD Helicopters has reportedly won a contract from the Kurdistan Regional Government for the supply of 12 civilian helicopters. Equipped with the latest state of the art technology, including NVG compatible cockpit, high powered searchlight and advanced avionics, the MD 530F choppers will be delivered by the end of this […]
The governments of the United States of America and the Republic of Iraq reaffirmed their strategic partnership during a meeting of the Services, Technology, Environment and Transportation (STET) Joint Coordination Committee (JCC) under the Strategic Framework Agreement (SFA) on September 25, 2013 in Washington, D.C. Iraqi Deputy Minister of Transportation Bangen Rekani and U.S. Department […]
By John Lee. Serco, the international service company, in cooperation with its Iraqi partner Al Burhan Group, has signed a new agreement with the Iraq Civil Aviation Authority (ICAA) to continue providing Air Traffic Control (ATC) services, training and support at Baghdad International Airport and extending our presence in Iraq. Serco has been providing these […]
Bulgarian government has officially chosen Balkan Holidays Airlines (BH Air) as the official airline between Bulgaria and Iraq. The cabinet authorized the airline to fly routes agreed under the Agreement on Air Transport between the Government of the Republic of Bulgaria and the Government of the Republic of Iraq, signed on 15 November 1966 in Sofia. […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has decided to exempt foreign companies involved in the Faw Port project from customs duties and taxes. This decision was an attempt to accelerate the completion of the stalled project, through […]
By John Lee. A source at Mosul Airport has told Reuters: "Security forces closed Mosul airport without giving any reason. All flights are cancelled. "To begin with [the authorities] said there was information about a hijacked plane, and then they said it was closed for maintenance purposes, but there are no maintenance works." The closure […]
Qatar Airways launched flights on Wednesday to its fifth destination in the Republic of Iraq, Sulaymaniyah, increasing the airline’s frequency across Iraq from 16 to 20 flights each week. The new services, which will operate four-times-a-week non-stop from the airline’s Doha hub, brings the carrier’s global network to 129 destinations worldwide. The Doha – Sulaymaniyah route […]
Travelport, a leading distribution services and e-commerce provider for the global travel industry, has continued its Middle East expansion with the opening of a new office in Erbil. The new commercial hub underlines the importance of Iraq as an important investment region for Travelport and now serves the travel agent community in Erbil, Sulaymaniyah and […]
Anbar province recently announced its completion of a 12 billion Iraqi dinar ($10.3 million) highway project linking western Iraq to Saudi Arabia. Anbar province spokesman Mohammed Fathi Hantoush explained that the highway, called the Land Pilgrimage Road, is 230 kilometres long and links central Anbar to the Saudi border at Arar border crossing. Hantoush added […]
