Etihad considering the new FDI rules in India
Following the announcement by the Indian government that it will allow 100% foreign ownership in airlines with prior approval, Etihad Airways has stated that it “will carefully examine the Government ...
Following the announcement by the Indian government that it will allow 100% foreign ownership in airlines with prior approval, Etihad Airways has stated that it “will carefully examine the Government ...
It has been reported that Boeing and Iran have agreed a deal for 109 narrowbody and widebody aircraft. Reuters has reported that Iran Air wants to acquire 737s, 777s and 747-8s. In addition to 737 and...
British Airways has extended its suspension of flights to Sharm al-Sheikh in Egypt indefinitely. The initial suspension was initiated following the suspected bombing of a Russian passenger flight in O...
Boeing has confirmed that it has signed an agreement with Iran Air, which expresses the airline’s intent to buy its aircraft. The US manufacturer issued a statement to The Associated Press saying tha...
The Nigerian Senate has confirmed that the N300 billion aviation/power intervention funds were transferred to private accounts and diverted to purchase properties in Ghana. The Aviation Ministry state...
ING Capital has closed a $107.5 million pre-delivery payment (PDP) financing for Ethiopian Airlines in respect of Airbus A350-900 aircraft. Ethiopian Airlines is using the PDP financing to finance a p...
Lufthansa says it will deploy an A340-300 between Frankfurt and Nairobi four times a week beginning September this year, up from the current three weekly flights. This news is of interest as it shows ...
The board of state-owned Saudi Arabian Airlines, will be restructured as the carrier targets profitability by 2020. King Salman, who heads the cabinet, will appoint a head for the board of directors, ...
Angolan national airline TAAG has been removed from the European Union (EU) blacklist and is now authorized to fly to all EU countries in addition to Portugal, which since 2009 was the only EU destina...
The South African Competition Commission has confirmed that it is investigating Emirates Airline under the Competition Act, after claims that it offered incentives to travel agents to divert sales fro...
South African Airways SOC Ltd. said the airline subsidized its low-cost entity Mango Airlines by sub-leasing aircraft at a discount to market value, a move that may have given the carrier an advantage...
Air Mauritius has swung to a pretax profit of €16.62m for the year to 31st March 2016 from a loss of €23.57m the previous year. Lower fuel prices and increased passenger numbers were the drivers. Reve...
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