News

KfW IPEX-Bank is participating in the financing of two Airbus A330s for the Rwandan airline RwandAir. Working in conjunction with Deutsche Pfandbriefbank (PBB), the loan will be passed on to Eastern a...

Ethiopian Airlines and Air Côte d'Ivoire, the national flag carrier of Côte d'Ivoire, have entered into a codeshare agreement effective May, 2018. Under the new codeshare partnership, passengers origi...

Harald Wilhelm (52), Chief Financial Officer (CFO) of Airbus, has decided to leave the Company in 2019 in agreement with the Board of Directors. Harald Wilhelm has served Airbus and its predecessor co...

Ethiopian Airlines will operate a four-times-a-week service to Addis Ababa, the East African nation’s capital. The route will unlock connections to more than 58 countries across the African continent....

Avolon has re-priced and extended its senior secured $4.75 billion Term Loan B facility from an original maturity of April 2022 to January 2025 and has been repriced at LIBOR plus 2.00% with a LIBOR f...

The Latvian airline airBaltic has launched a new route from Riga International Airport to Sochi International Airport. Wolfgang Reuss, SVP of Network Management of airBaltic: “We are delighted to laun...

Low-cost airline WOW air has announced flights to India from its Icelandic hub, the airline’s first destination in South Asia. The route is the first step in the carrier’s next phase of cross continen...

Air France-KLM, Delta Air Lines and Virgin Atlantic have signed definitive agreements paving the way forward for their expanded trans-Atlantic joint venture. The Joint Venture Agreement signed between...

In the April report of the Airlines Financial Monitor, the International Air Transport Association (IATA) shows a pick-up in airline financial performance during the first quarter of 2018 compared to ...

Finnair is extending its cooperation with Widerøe and will add nine new destinations to its network in Norway. Widerøe is based in Norway and is Northern Europe’s largest regional carrier. Within the ...

The Dublin Aviation Summit kicked off yesterday evening with the welcome reception at the Royal Dublin Society where delegates and attendees toasted the start of the second annual exhibition and lifec...

In an interview with UK newspaper, The Financial Times, Tom Enders, chief executive of Airbus, has described the lack of a vision for the UK’s post-Brexit relationship with the European Union as “dama...