Loss for fastjet
African low-cost carrier (LCC) fastjet has reported an operating loss after tax of $72 million for the year ended December 31, 2014, compared to a restated post-tax loss of $55.2 million for the prior...
African low-cost carrier (LCC) fastjet has reported an operating loss after tax of $72 million for the year ended December 31, 2014, compared to a restated post-tax loss of $55.2 million for the prior...
Etihad Airways has formally become a 33.3% shareholder of Swiss regional Darwin Airline, operating under the brand of Etihad Regional, following approval from Switzerland’s Federal Office of Civil Avi...
Jazeera Airways has formally submitted a LOI to acquire 35% of Kuwait Airways, which is being privatized by the government of Kuwait. The 35% stake is the maximum allowed by a single private investor ...
Saudia Airlines has been fined €1.4m (US$1.6m) for breaching EU carbon emissions rules, making it the first big non-EU carrier to be fined for breaking EU regulations, as the Belgian government fines ...
fastjet plans to increase its fleet this year as it seeks to expand its operations and add further routes to its network. With fastjet’s current fleet of three aircraft almost fully utilised, addition...
It has been reported by local media that an Air India commander was arrested in Sharjah on Saturday for being drunk before he was scheduled to operate a long-haul flight to Delhi via Kochi. After fail...
Arguing in the Pretoria High Court, Comair has claims that auditors would not have signed off on South African Airways’ (SAA) financial statements without the R5bn guarantee from the government. Comai...
Nigerian airlines have accused the National Insurance Commission (NAICOM) of charging unnecessary high commissions acting as brokers between then and Lloyds. The airlines, which currently pay between ...
Due to concerns over its management in the face of losses or more than Sh10 billion shillings, the Kenyan government is forming a select committee to conduct an inquiry into the activities of Kenya Ai...
Boeing has forecasted the Middle East region will require as many as 2,950 new aircraft worth $640 billion for the next twenty years between 2014 and 2033. Marty Bentrott, vice president – sales, the ...
Although US restrictions on Iran have been eased and airlines can now purchases spare parts, the direct import of aircraft remains prohibited. Despite this however the Iranian transport minister has s...
Air Arabia has reported a 13% increase in net profit to Dh85 million for the three months ending March 31, compared to the Dh75 million it reported during the same period last year. Revenue rose 7% to...
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