Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Direct flights have been launched between Iran's Western city of Oroumiyeh [Urmia] and Erbil in Iraq Kurdistan. The Director of Oroumiyeh International Airport, Kamal Parhizgar, said the flights would be scheduled on Sundays and Thursdays. (Source: PUKmedia)
By Matthew Gayle. The Iraqi government has signed a memorandum of understanding (MoU) with Romanian railcar producer Astra to establish a joint railway company based in Iraq. According to Al-Shorfa, the Iraqi-Romanian company, which will specialize in producing trains, will be based in al-Samawa, southern Iraq. The company will also focus on rehabilitating the train […]
Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, today launched non-stop service to the Iraqi Capital, Baghdad, from the carrier's main hub in Sharjah, UAE. The inaugural flight and delegation was marked by the attendance of Air Arabia Chairman, Sheikh Abdullah Bin Mohamed Al Thani, and Air […]
By John Lee. Iraq's state-owned airline has launched its first flight to Kuwait since the invasion of the country in 1990. Reuters reports that Iraq's foreign and transport ministers travelled on the Iraqi Airways flight on Wednesday, in what is viewed as a sign of improving relations between the two countries. In December, Kuwait's state-run […]
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. Few Iraqis are confident that their lives on the roadways are insured. In the event that they are in a traffic accident, they will receive appropriate compensation with no need to […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Double-decker red buses are making a comeback in Baghdad -- a sign that Iraq is moving back towards normality following years of war: (Source: Jewish News One)
By John Lee. Reuters reports that Iraqi Airways will resume flights to Kuwait on Saturday for the first time since the invasion in 1990. In December, Kuwait Airways dropped legal cases against Iraqi Airways in return for compensation of $500 million. However, Kuwait's state-run airline has not resumed flights to Iraq. Iraqi Airways flies to regional […]
By John Lee. Lufthansa Consulting is pursuing at least 10 percent annual sales growth as clients such as Iraq, which is reviving its airline, tap into the German carrier’s experience in safety and infrastructure. Dr Andreas Jahnke, head of Lufthansa Consulting, told Bloomberg: "There are lots of opportunities for us helping clients set up a new business […]
By John Lee. French firm Alstom has reportedly signed a $1.5-billion deal with the Iraqi authorities the for the design and construction of a monorail system in Baghdad. Azzaman reports that the contract was signed by Baghdad Governor Salah Abdulrazzaq and Alstom representatives in the Iraqi capital. “The aim of the project is to ease […]
By John Lee. Air Arabia has announced the launch of non-stop services to Baghdad, its fourth destination in Iraq, and 83rd worldwide. The inaugural flight G90361 will take off to the capital city on March 10, 2013. The low-cost pioneer will start three weekly services between Sharjah and Baghdad, which will be increased to five […]
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. Revenues from Iraqi ports reached $30 million in December 2012, the highest monthly yield in their history. Meanwhile, the Ministry of Transport is preparing to open the Iraqi Container Port in […]
By John Lee. Atlasjet Airlines has confirmed further details of its plans to launch new subsidiaries in Iraq and South Sudan later this year. According to the managing director of Zagros Air (Iraq), Can Akcay, Atlasjet's joint venture carrier with Zagros Group plans to launch operations from Erbil in spring with three Airbus aircraft after […]
