Air Arabia secures Ijara loan
Air Arabia has financed six new A320s in a $230 million Islamic financing deal from Dubai Islamic Bank (DIB). The Ijara loan facility will finance the delivery of a new aircraft every two months start...
Air Arabia has financed six new A320s in a $230 million Islamic financing deal from Dubai Islamic Bank (DIB). The Ijara loan facility will finance the delivery of a new aircraft every two months start...
Dubai Aviation Corporation (trading as “flydubai”), today came to the market with a landmark debut Sukuk transaction and successfully raised $500 million through a five year Sukuk. The order book was ...
Kenya Airways finance director Alex Mbugua has stated that he airline will save $100 million (Sh9 billion) in the next financial year due to lower maintenance costs thanks to the airline’s fleet repla...
Following the increase of Etihad Airways’ stake in Virgin Australia to 22.96%, Etihad’s President and Chief Executive, James Hogan, has been appointed a non-executive director to the board of Virgin A...
The South African Public Enterprises Minister, Lynne Brown, intervened in the impasse between Monwabisi Kalawe, the chief executive of SAA, and the board of SAA, to ensure "a fair process" to resolve ...
First Gulf Bank (FGB) has finalised the AED1.1bn ($300m) finance lease funding for Emirates airline. The airline received the first delivery in September and recently welcomed the second aircraft. “We...
Ethiopian Airlines has funded the acquisition of two 777 freighters using a $41.4 million seven-year junior loan facility from sole arranger and lender ING Capital. The senior debt is supported by Ex-...
Boeing has announced that Kuwait Airways intends to purchase 10 777-300ER (Extended Range) aircraft worth $3.3 billion at current list prices. “We appreciate the start of a new partnership with Kuwait...
South Africa’s Transport Department is due to hold talks with the UAE regarding a disputed fourth daily Emirates Airline flight to Johannesburg from Dubai. The South African government claims that app...
Petroleum Air Services (PAS) of Cairo, Egypt has signed a firm purchase agreement to acquire a CRJ900 NextGen regional jet. The order is a conversion of a purchase option that PAS acquired in 2011 wit...
Qatar Airways will operate a daily direct scheduled service from Edinburgh Airport to Doha’s Hamad International Airport from 1st May 2015. The announcement comes just six months after the successful ...
Crédit Agricole CIB (CA-CIB) and HSBC closed the financing for the second Airbus A380-800 for Qatar Airways, which was delivered on 10 November in Hamburg. The financing was structured as a French lea...
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