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 […]
By John Lee. Iraqi Airways is due to receive its first new Boeing 737-800 (pictured) this week, according to KUNA. It will the first of a total of 30 aircraft to be received between now andl 2017, and includes 12 first class seats and 150 economy seats. Iraq signed the deal for the aircraft in […]
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. In light of Iraq’s complicated political and security climate, even the most optimistic could not expect Baghdad International Airport (pictured) to have 125 flights — even including both arrivals and departures […]
By John Lee. Egypt Air is to send 20 engineers to work on the maintenance of the Iraqi Airways fleet at the Egypt Air Station in Baghdad, according to a report from NINA. The Regional Director of the Iraqi Airways in Egypt and North Africa, Qayser Ahmed Oqleh, added that Egypt Air would lend 30 […]
The Iraq Britain Business Council (IBBC) has welcomed the resumption of direct flights between Baghdad and London after more than 20 years -- the first Iraqi Airways plane will land this evening (March 5th 2013) at Gatwick Airport. Baroness Nicholson, Executive Chairman of the Iraq Britain Business Council, said: "This is terrific news. There are […]
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 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. Kuwait MPs have overwhelmingly ratified the $500-million settlement deal to end the 22-year-old dispute between Kuwaiti Airways Corporation (KAC) and Iraqi Airways. Iraqi Airways agreed in July to pay the compensation to KAC for damages caused by Saddam Hussein's troops during the 1990-91 invasion of Kuwait. Kuwait says 10 of its planes as […]
Iraqi Airways received the first Boeing 777 aircraft for its fleet during a delivery ceremony at the Baghdad International Airport on December 15, 2012. The ceremony was attended by the Iraqi Minister of Transportation, Mr. Hadi al-Ameri, U.S. Ambassador to Iraq Stephen Beecroft, Boeing officials Donald A. Galvanin and Alan W. Smith, as well as […]
By John Lee. Iraqi Airways has taken delivery of its first Airbus A330-200, the first Airbus widebody aircraft to be operated by the airline, which already has two A321 aircraft. Accommodating a two-class configuration of 24 business and 264 economy seats, the aircraft is powered by GE CF6-80 engines and will be deployed on European […]
By John Lee. The Emir of Kuwait has signed into law the financial settlement reached with Iraq regarding Kuwait Airways. Iraq's Ministry of Foreign Affairs says that law firms in Britain have been told to drop all proceedings against Iraqi Airways and Iraqi properties. Under this settlement, Iraq will pay $500 million as final compensation to […]
