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By Author
Published on November 17, 2023
In a bold move that underscores the growing competitiveness in the aviation industry, Dubai-based carriers Emirates and flyDubai have announced a staggering $50 billion deal with Boeing for wide-body jets at the Dubai Airshow. This substantial investment reflects the region's intent to secure limited supplies of long-haul jets and anticipate a surge in international travel.
The orders, totaling 125 Boeing wide-body jets, include 55 units of the 400-seat Boeing 777-9 and 35 of the smaller 777-8, part of the 777X program. Emirates has also added five more 787 Dreamliners to its fleet, while flyDubai made its first-ever long-haul order with 30 of the same model. Additionally, SunExpress, a German-Turkish airline, placed an order for 45 narrow-body 737 MAX jets.
This deal is not just a win for Boeing but also a strategic play by Dubai's carriers as they prepare to cater to the booming demand for travel. The aviation and tourism industries are vital to Dubai's economy, especially as it lacks the oil wealth of its neighbors. These new jets are expected to significantly enhance the carriers' capacity and reach.
Following the announcement, Boeing shares rose 4.4% in New York. The market also reacted positively to the potential thawing of US-China relations, which could resume Chinese purchases of the 737 MAX. The Gulf region, with its strategic UAE and Qatar hubs, remains the largest customer for wide-body jets, essential for long-haul travel.
However, the industry faces challenges, including tight supply chains and the need for sustainable growth strategies. Analysts warn of the difficulties manufacturers face in meeting the burgeoning demand for new aircraft. The orders, crucial for both Boeing's recovery and the carriers' expansion, come amid heightened competition from emerging regional rivals and are a testament to Dubai's commitment to retaining its status as a leading aviation hub.
The backdrop of the Israel-Hamas conflict in Gaza, affecting regional travel and airspace, adds complexity to the situation. Nonetheless, the aviation industry remains focused on long-term growth, with airlines betting on future travel demand. Royal Jordanian, for instance, has ordered six Boeing 787s, adapting to the changing regional dynamics.
With Dubai's carriers making a significant leap in their fleet expansion and setting the tone for robust growth in the aviation sector, the industry looks towards a future of heightened competition, strategic alliances, and innovative solutions to meet the evolving demands of global travel.
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By Manu Vardhan Kannan
Published on January 2, 2026
Aircastle Limited has announced that it will release its third quarter financial results for the period ended November 2025. The results will be made public before market hours, offering investors and industry stakeholders insights into the company’s recent performance.
Alongside the announcement, Aircastle’s management will host a conference call to discuss the financial results and provide updates on business operations. The call will be open to all interested participants, including analysts, investors, and members of the public.
Participants will be able to join the live conference call by dialing the designated toll-free or international access numbers. Callers are advised to join a few minutes early and reference the company name, “Aircastle,” when prompted by the operator.
A simultaneous webcast of the conference call will also be made available on a listen-only basis through the company’s official website. Listeners are encouraged to visit the website in advance to ensure that any required software is installed for uninterrupted access.
For those unable to attend the live session, a replay of the webcast will be available on Aircastle’s website shortly after the conclusion of the conference call, allowing stakeholders to review the discussion at their convenience.
Published on December 28, 2025
SKA Group has announced the addition of three popular food and beverage brands—Bercos, The Barbeque Company, and Domino’s—to the retail portfolio of SKA Arcadia, its flagship commercial development in Wave City, Ghaziabad. The new brands will occupy a combined area of over 14,500 sq. ft., further enhancing the project’s appeal as a high-potential neighbourhood retail destination.
Strategically positioned at the main entrance of Wave City on NH-24, SKA Arcadia benefits from excellent connectivity to Ghaziabad, Indirapuram, and surrounding premium residential catchments. Its location, coupled with a thoughtfully curated tenant mix, continues to position it as one of the region’s most attractive emerging commercial hubs.
Commenting on the development, Sanjay Sharma, Director, SKA Group, said that SKA Arcadia has been envisioned as a neighbourhood centre offering everyday convenience, quality dining, and a strong sense of community. He added that the inclusion of Bercos, The Barbeque Company, and Domino’s reflects the group’s focus on curating brands aligned with evolving consumer lifestyles, while creating a vibrant ecosystem where both retailers and customers can thrive as Wave City continues to grow.
The newly signed brands join established anchor tenants such as Haldiram’s, which occupies over 11,000 sq. ft. at the development. With these additions, SKA Arcadia further strengthens its positioning as a modern, experience-driven commercial destination designed for high footfall, convenience, and long-term value creation.
Spread across 2 acres, SKA Arcadia is a signature high-street commercial development featuring five floors of retail and dining spaces. The project offers premium amenities including fine dining restaurants, a food court, escalators, elevators, multi-level mechanical parking, power backup, and high-speed Wi-Fi, and is registered under RERA number UPRERAPRJ228610/03/2025.
Published on November 9, 2025
Wonderla Holidays Ltd. has announced its financial results for the second quarter and half year ended September 30, 2025, marking its best-ever Q2 performance in company history. The remarkable results highlight record revenues, strong footfall growth, and a sharp increase in profitability.
The company reported a 12% year-on-year rise in footfalls to 5.05 lakh visitors, with total income up 24% YoY at ₹88.52 crore and EBITDA soaring eightfold to ₹7.48 crore.
Parkwise, the company registered footfalls of 1.96 lakh in Bengaluru, 1.92 lakh in Kochi, 0.93 lakh in Hyderabad, and 0.24 lakh in Bhubaneswar, reflecting consistent performance across locations.
Commenting on the results, Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said,
“This quarter marks a defining moment in Wonderla’s journey, as we achieved our best-ever Q2 performance with record revenues, footfalls, and a sharp improvement in profitability. A 24 percent year-on-year growth in total income and an 8X jump in EBITDA highlight the resilience of our business model and the power of the Wonderla brand.”
He added that the strong results were driven by effective branding and footfall-driving campaigns, alongside enhanced digital sales strategies, which now contribute to half of total bookings. The company’s investments in technology, operational efficiency, and customer convenience have played a vital role in driving this growth.
Chittilappilly also noted that new offerings like “Isle by Wonderla” continue to strengthen guest engagement and diversify the company’s revenue base.
“Looking ahead, we remain excited about the next phase of expansion. Work on our Chennai Park is progressing rapidly, and we’re on track to announce the launch by December 2025. With strong fundamentals, expanding capacity, and a trusted brand, we’re confident of sustaining our momentum and delivering long-term value to both our guests and shareholders,” he said.
With this milestone quarter, Wonderla Holidays continues to reinforce its leadership in India’s amusement park sector through innovation, guest experience, and strategic expansion.
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