On December 23, 2015, Credit Agricole-CIB successfully closed a 12-year Japanese Operating Lease with Call Option (JOLCO) transaction to fund one new A380-800 (msn 204) for Emirates. The aircraft cost...
Ethiopian Airlines says it is prepared to partner with the government of Ghana in establishing a new national airline, eleven years after the collapse of Ghana Airways. Girma Shiferaw, Vice President...
Airlines operating in Nigeria have told to halt ticket sales in foreign currencies with immediate effect. The order from the Nigerian Civil Aviation Authority (NCAA) is in response to concerns the aut...
ASKY Airlines, the regional airline business of the West African economic bloc ECOWAS, has reported a net profit of $4 million in 2015. The CEO of ASKY Airlines, Henok Teferra said: “This remarkable r...
Kenyan low-cost carrier, Jambojet, has appointed Karanja Ndegwa as its chief financial officer. He joined Jambojet in 2014 as the head of finance, and was responsible for setting up the finance depart...
Christoph Mueller is widely reported to be joining Emirates as chief transformation officer. Emirates is soon to announce all new products for its operations and it is likely that Mr Mueller will be h...
Fastjet is to raise funds to fight falling passenger numbers and negative cashflow. The airline needs to raise funds to provide working capital and also to effect the necessary changes to its operatio...
The Asset Management Corporation of Nigeria (AMCON) has seized the assets of Afrijet Airlines, which is owned by Chief Vitalis Ibe, due to unpaid debt of almost N10 billion. The takeover was based on ...
An arrest warrant has been issued for the head of Aseman airline, an Iranian private carrier, for non payment of debts to the country's airports and Iran Aviation Company (IAC). This arrest warrant is...
Restrata has secured a major agreement with The National Falcon Company to provide critical security services at two of Egypt’s largest airports. Under the terms of the contract, Restrata will delive...
Safwan Kuzbari, president and chief executive of Novus Aviation Capital, has confirmed that the lessor is in early stage discussions with Boeing and Airbus for an order of at least 10 aircraft, either...
More details have emerged of the proposed Boeing order from Iran Air. The Wall Street Journal has reported sight of a letter between two law makers that states the deal is for the purchase of 80 aircr...
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