Nepal Airlines has confirmed it has held informal stake sale talks with an unamed Middle East airline. The Nepalese carrier has been instructed to find a strategic partner by the Nepalese government i...
It has been revealed that an Emirates aircraft, flight EK433 flying from Brisbane to Dubai, had a near-miss with a SpiceJet aircraft flying between Chennai and Hyderabad over Indian airspace. "Emirate...
In July 2016, Etihad Airways closed successfully the JOLCO financing of one new B787-900, which was arranged by CA-CIB. CA-CIB and ING also acted as debt co-arrangers. ...
Passenger traffic at Al Maktoum International at Dubai World Central (DWC) nearly doubled in the first half of the year, largely due to the launch of flydubai services there in late 2015. Dubai Airpor...
The Sunday Times reported yesterday that the Hong Kong registrar of companies has demanded that South African Airways (SAA) submit its annual financial statement by September 6 or face deregistration,...
AAR has signed a power-by-the-hour (PBH) component inventory management and repair services agreement with Dubai-based flydubai. AAR will assume nose-to-tail management of components and repairs for f...
The Airline Operators of Nigeria (AON) has warned companies such as the Nigeria Airspace Management Agency (NAMA), to avoid aggressively recovering debts from domestic airlines or risk causing their c...
Cameroon Airlines (Camair) has posted loses of over CAF 34 billion (approx. US$60 million) between 2012-2014. Figure released in the airline’s recovery plan show losses were CAF13 billion in 2012, a l...
Waha Capital, a leading investment company based in Abu Dhabi, has completed the refinancing of its credit facilities with 12 local, regional and international banks. The new and upsized financing is ...
El Al Israel Airlines has reported a 102% increase in net profit to $35 million during the second quarter of 2016 compared to the year-ago quarter, helped by a 21% decline in fuel costs and more passe...
Comair is reported to have called off talks to acquire another company that had been ongoing since April 2016. Comair operates the Southern African franchise of British Airways and low-cost carrier Ku...
Saudi Arabian Airlines, the national carrier of Saudi Arabia, has taken delivery of its first A330-300 Regional, making it the launch customer for this aircraft. The aircraft is the first of the 20 A3...
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