From June 1, new requirements have been placed on families who wish to travel to South Africa to spend their holiday there. These new requirements have caused international arrivals of families to dro...
Marubeni Corp has purchased 25,183 shares of Aircastle with the average stock price of $20.4 for a grand total value of $512,970. Marubeni now owns 17.75 million shares or 21.15% of Aircastle’s market...
The Board of Directors of the African Development Bank (AfDB) has approved a $120 million corporate loan to support Ghana Airports Company Limited’s (GACL) capital investment programme. The loan, whic...
Global Eagle Entertainment (GEE) a provider of aircraft connectivity systems, operations solutions and media content to the travel industry, has announced a major agreement with Etihad Airways to prov...
Etihad Airways, a key investor in Alitalia, believes Italy’s national airline has “fantastic potential to grow” – but only if it embraces change. Speaking in Milan to the International Forum of Sovere...
Qatar Airways has announced its highly anticipated daily direct services from Doha to Sydney starting from 1st March 2016, the third Australian city in the Qatar Airways network. Currently, the Doha-b...
In the six months ended 30 June 2015, fastjet Group posted an operating loss before exceptionals of US$12.8 million (H1 2014 US$17.3 million) and an operating loss after exceptionals of US$12.8 millio...
fastjet took delivery of its first owned aircraft on 25 September 2015. The intent to purchase this aircraft, the sixth aircraft in the fastjet fleet, was announced on 26 August 2015 and the agreemen...
Once a nuclear agreement has been reached with the international community, Iran is planning to buy Airbus and Boeing passenger aircraft through long-term payment agreements to upgrade its ageing flee...
Gulf Air has posted an annual loss of BD62.7 million ($166 million) for 2014, although this in an improvement on the loss of BD93.3 million in 2013. The airline stated that this was its best financial...
Etihad Airways, its airport services business and five of its equity partners – Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles, Alitalia and Jet Airways – have raised $...
FlyAfrica.com has been forced to cancel its service between Hosea Kutako International Airport and OR Tambo airport after a high court ruling found it did not have the required licence to transport pa...
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