Dubai Aerospace Enterprise (DAE). has signed a $300 million seven-year unsecured term loan with a group of six banks. Abu Dhabi Commercial Bank served as initial mandated lead arranger, bookrunner...
DHL-Ethiopian Airlines Logistics Services – a joint venture formed between DHL Global Forwarding and Ethiopian Airlines - is scaling its operations in Ethiopia. The company has named Berhanu Kassa as...
Dubai Aerospace Enterprise (DAE) has been mandated by one of the world’s largest fund managers to source and manage aircraft valued at approximately $1.4 billion.DAE will acquire the assets and DAE’s...
Qatar Airways has introduced a new codeshare cooperation with China Southern Airlines starting from January 2020. This agreement will enable China Southern Airlines’ passengers to book travel on Q...
Gulf Air and Etihad Airways have added four airports in the United States of America to the list of cities served by its existing codeshare agreement. The agreement, commencing 23 September, will ...
Qatar Airways posted a $639 million net loss for the full year of 2019, a massive increase from this time last year when the airline announced losses of approximately $69 million. The airline has s...
Comair has reported a 175% year-on-year increase in earnings per share in its fiscal 2019 financial results, a "direct consequence of a massive payout from South African Airways (SAA). Comair, whi...
Bahrain's national carrier Gulf Air has received its seventh Boeing 787-9 Dreamliner at Dulles International Airport in Washington, DC. The new Dreamliner will join the fleet by the end of October,...
Over the weekend an attack took place on a Saudi Arabian oil facility removing around 5% of global supplies which has seen oil post its biggest ever intraday jump to more than $71 a barrel, Bloomberg...
Royal Brunei Airlines (RB) has reinstated flights to Beijing, scheduled to start on 27 October. The move comes as RB has been selected as one of the airlines to operate flights to the new state-of...
Anman-based Joramco, the MRO and engineering arm of Dubai Aerospace Enterprise (DAE) has signed a heavy maintenance agreement with ICBC Aviation Leasing. Under the agreement ICBC, a leasing company...
Afghanistan-based Kam Air has enlisted the help of Aerotask Aviation Consultancy to complete a number of aircraft transactions. Aerotask facilitated the acquisition of three ex-Southwest Airlines ...
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