Monday, 17 August 2026

Fly Baghdad Removed from US Sanctions List Following Compliance Overhaul

Published: Saturday, August 08, 2026
Fly Baghdad Removed from US Sanctions List Following Compliance Overhaul

Iraqi airline Fly Baghdad has been removed from the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List after completing a two-year company-wide compliance and governance overhaul.

The delisting was published by OFAC on August 5, 2026, and took effect immediately. The move ends US blocking sanctions against the airline, allowing individuals and businesses in the United States and elsewhere to conduct transactions with Fly Baghdad in the ordinary course of business. Restrictions on aircraft previously classified as blocked property have also been lifted.

Fly Baghdad said the decision follows sustained efforts to improve its governance, compliance controls, transparency and corporate practices in line with international standards.

“This is the result of two years of disciplined work by our people to rebuild trust in how we operate,” said Alaulddin Abdulrahman, Chief Executive Officer of Fly Baghdad. He said the airline had focused on strengthening governance, controls and transparency rather than simply seeking recognition.

With the sanctions lifted, Fly Baghdad said it is ready to resume normal commercial dealings with banks, payment providers, insurers and reinsurers, aircraft lessors, maintenance companies, fuel suppliers, distribution systems, travel agencies and other aviation partners.

The airline said it intends to rebuild and expand long-term relationships with financial institutions and aviation companies globally. It added that counterparties can independently confirm its removal from the SDN List through OFAC records and related US government announcements.

Fly Baghdad also clarified its ownership and management structure. The airline said it is owned by Founder and Chairman Ahmad Asad and that no individual who is currently or was previously designated on the SDN List has held an ownership interest in the company.

The carrier further said former Chief Executive Officer Basheer Al-Shabbani never held equity in Fly Baghdad and has no role in its ownership, management, governance or operations. OFAC’s August 5 action amended Al-Shabbani’s SDN entry to remove references linking him to Fly Baghdad.

“When we began this work two years ago, we made one commitment: Fly Baghdad would meet the highest standards of compliance and governance, or it would not fly,” said Ahmad Asad, Chairman of Fly Baghdad. He added that the commitment is now incorporated into the company’s governance, staffing and operations.

Asad also acknowledged the legal teams that supported the airline throughout the process, including Eric H. Blinderman and Raid Juhi AlSaedi of the Law Offices of Eric H. Blinderman, as well as Reid Whitten and Scott Maberry of Sheppard Mullin.

Fly Baghdad said tickets remain available through its website, sales offices, call centre and authorised travel agents, while all existing bookings will be honoured.

The airline is now working with aviation authorities, airports and industry partners to restore and expand its network through a phased approach. Details of updated schedules, destinations and booking arrangements will be released through its official communication channels.

“Our priority now is simple: reconnect people, support commerce, and deliver safe, reliable, and affordable air travel to every community we serve,” Abdulrahman said.

He also praised Fly Baghdad’s pilots, cabin crew, engineers, technicians and ground staff for maintaining professionalism and resilience throughout the compliance transformation.

“Our focus now shifts from transformation to growth,” Abdulrahman said, adding that the airline is ready to reconnect with passengers, commercial partners and the wider global aviation community.

Source: ZAWYA

Akasa Air Secures Sale-and-Leaseback Deal for Seven Boeing 737-8200s

Published: Sunday, August 16, 2026
Akasa Air Secures Sale-and-Leaseback Deal for Seven Boeing 737-8200s

DUBLIN: Aircraft leasing company Avolon has announced a sale-and-leaseback agreement covering up to seven Boeing 737-8200 aircraft with Indian airline Akasa Air.

Under the arrangement announced on August 14, 2026, Akasa Air will sell aircraft from its existing order book to Avolon and lease them back. The structure allows the airline to release capital for other business needs while continuing to operate the aircraft.

The Boeing 737-8200, also known as the 737-8-200, is the highest-density configuration of the Boeing 737 MAX 8 family. The aircraft is certified to accommodate as many as 210 passengers.

Akasa Air operates the aircraft with 197 seats in a single-class configuration. The Indian carrier currently has 17 Boeing 737-8200 aircraft in its fleet.

Akasa Air became the first airline in Asia to operate the 737-8200 in 2023. The latest transaction will allow the carrier to maintain operational use of the aircraft while strengthening its financial flexibility as it continues to expand.

Source: Aero time

EasyJet Cabin Crew Strike in France Forces Around 100 Flight Cancellations

Published: Sunday, August 16, 2026
EasyJet Cabin Crew Strike in France Forces Around 100 Flight Cancellations

PARIS: Cabin crew working for British low-cost airline EasyJet in France began a two-day strike on Saturday, demanding better working conditions and more predictable schedules.

The walkout was called by unions representing EasyJet’s France-based cabin crew after negotiations over employee schedules ended without an agreement, French broadcaster BFMTV reported.

Unions said unpredictable working patterns had placed significant physical and mental strain on employees. They are seeking changes aimed at improving working conditions for cabin crew.

The industrial action is expected to disrupt EasyJet operations across France, with around 100 flights scheduled for the weekend reportedly canceled as a result of the strike.

Reports put participation among EasyJet cabin crew in France at 68%, highlighting the scale of the labor action.

The strike is scheduled to continue for two days as unions press the airline for changes to scheduling practices and broader improvements to working conditions.

Source: Anadolu Ajansı

flynas Expands Fleet to 68 Aircraft with New Airbus A320neo Delivery

Published: Sunday, August 16, 2026
flynas Expands Fleet to 68 Aircraft with New Airbus A320neo Delivery

RIYADH, Saudi Arabia: Saudi low-cost airline flynas has added a new Airbus A320neo to its fleet, supporting the carrier’s expansion strategy while introducing another aircraft equipped with its latest-generation cabin.

The latest delivery brings the flynas fleet to 68 Airbus aircraft, comprising 62 A320neo jets, two A330s and four A320ceo aircraft.

The aircraft is the second in the airline’s fleet to feature the new-generation cabin, which was introduced earlier this year. The cabin is designed to improve passenger comfort while supporting greater operational efficiency and lower fuel consumption.

The new seats, developed in partnership with Safran, include integrated smartphone and tablet holders, high-speed USB-A and USB-C charging ports with a 60-watt capacity, larger meal tables, dedicated storage for books and magazines, and coat hooks.

Premium-class seats also feature additional legroom, adjustable headrests and a center-seat divider aimed at providing greater comfort for passengers.

The A320neo’s improved fuel efficiency compared with previous-generation aircraft is expected to reduce fuel consumption and operational emissions per seat. The addition therefore supports flynas’ wider sustainability program alongside its fleet growth plans.

The latest aircraft also reflects the airline’s efforts to enhance the onboard experience as it expands its network and responds to growing demand for air travel in Saudi Arabia.

Source: QCAA

Air Arabia Profit Falls 51% as Regional Conflict Disrupts Operations

Published: Saturday, August 15, 2026
Air Arabia Profit Falls 51% as Regional Conflict Disrupts Operations

DUBAI: Air Arabia reported a 51% decline in first-half net profit to AED 374 million ($102 million), as the Middle East and North Africa’s largest low-cost airline faced significant operational and cost pressures from the ongoing regional conflict.

For the six months ended June 30, 2026, revenue fell 1% to AED 3.48 billion, compared with AED 3.52 billion during the same period last year.

The airline carried more than 8.7 million passengers across its operating hubs, a 14% year-on-year decline. Despite the reduction, its average seat load factor remained at 83%, indicating continued demand for its services despite disruptions to operations.

The impact was more pronounced in the second quarter. Net profit dropped 77% to AED 96 million, while revenue declined 3% to AED 1.68 billion. Passenger traffic fell 23% to more than 3.9 million, reflecting reduced capacity, while the average seat load factor stood at 81%.

Air Arabia said its performance was significantly affected by the regional conflict, which began in February and disrupted aviation operations throughout the remainder of the first half.

Multiple airspace closures, temporary operational restrictions and reduced capacity affected the airline’s network, while record-high fuel prices added to operating costs.

Sheikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia, said the airline’s ability to remain profitable despite the disruption demonstrated the resilience of its business model and financial position.

He said the carrier focused on preserving network connectivity, adapting operations to changing conditions and maintaining strict cost controls while protecting operational efficiency.

Despite the difficult operating environment, Air Arabia continued expanding its fleet and network during the first half of the year.

The airline added six aircraft, bringing its fleet to 96 owned and leased Airbus A320 and A321 aircraft. It also introduced five new routes across its hubs in the UAE, Morocco, Egypt and Pakistan.

In June, Air Arabia was named “Most Sustainable Low-Cost Airline in the MENA Region 2026” by World Finance Magazine as part of its annual Sustainability Awards Programme.

Sheikh Abdullah said the airline remained confident in its underlying business strength as market conditions improve. He added that Air Arabia would continue focusing on responsible network expansion, financial discipline and its value-focused offering while seeking to create sustainable long-term value for stakeholders.

Source: TradeArabia

Turkish Airlines Expands China Network with New Chengdu Route

Published: Saturday, August 15, 2026
Turkish Airlines Expands China Network with New Chengdu Route

Turkish Airlines will expand its network in mainland China with the launch of scheduled flights to Chengdu, the capital of Sichuan Province, from November 11, 2026.

Chengdu will become the airline’s fourth destination in mainland China after Beijing, Shanghai and Guangzhou. The new service will provide a direct link between the Chinese city, Türkiye and Turkish Airlines’ wider international network.

With a population of more than 21 million, Chengdu is one of China’s major metropolitan centers and an important hub for trade, logistics and finance. The city is also home to multinational companies operating in sectors including electronics, automotive, aviation, biotechnology and artificial intelligence.

The city has also gained global recognition for its culinary culture. UNESCO has designated Chengdu a “City of Gastronomy,” while attractions such as the Chengdu Research Base of Giant Panda Breeding draw millions of visitors each year.

Turkish Airlines CEO Ahmet Olmuştur said China remains an important strategic market for the carrier and that the Chengdu service would further strengthen its presence in the country.

He said the new route is expected to support stronger commercial, cultural and tourism connections between Türkiye and China.

Turkish Airlines will operate three weekly flights from Istanbul to Chengdu on Wednesdays, Fridays and Sundays. Return services will operate on Mondays, Thursdays and Saturdays.

Flights will serve Chengdu Tianfu International Airport using Boeing 787-9 Dreamliner aircraft. Each aircraft will offer 300 seats, comprising 30 Business Class and 270 Economy Class seats.

To mark the route launch, Turkish Airlines is offering promotional fares starting at $540 for Economy Class and $1,991 for Business Class for travel between Istanbul and Chengdu. The airline said fares are available through its official website and may vary at sales offices and travel agencies.

Source: TradeArabia