DAE closes US$1bn RCF
Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion Revolving Credit Facility (RCF) with a one-year extension option. The Facility replaces other facilities with near...
Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion Revolving Credit Facility (RCF) with a one-year extension option. The Facility replaces other facilities with near...
Ethiopian Airlines has signed an eight-year sale and leaseback agreement with TrueNoord, the specialist regional aircraft lessor, for two further factory-new Dash 8-400 aircraft. Manufactured by De H...
Following the compulsory acquisition of the shares of the dissenting shareholders of Air Mauritius, as the airline company no longer meets the requirements of the Listing Rules, it will be withdrawn f...
Media sources report that Airbus has revoked the contract for a third A350 ordered by Qatar Airways after the Gulf carrier rejected delivery of one aircraft due to the ongoing dispute over damage to t...
AIROBOTICS, an Israeli manufacturer of autonomous Unmanned Aircraft (drones) and Aerial Data Platforms, says that it is heading towards completion of a type certification process after the Federal Avi...
Kenya Airways has reported an improvement in pretax losses from last year to 16.03 billion shillings ($139.63 million), boosted by growth in revenue and cost savings. Revenue increased by a third to 7...
Bahrain Airport Services (BAS) has signed a contract with SITA to deploy SITA Airport Management, enabling BAS to manage its ground handler operations as cost effectively as possible and ensure the se...
Etihad Airways has unveiled its new Airbus A350-1000, registration A6-XWB, on a special inaugural commercial flight from Abu Dhabi to Paris. The aircraft is the first A350 to be operated by a UAE airl...
Arkia is planning to re-establish flights linking Tel Aviv to Serbia's capital Belgrade in the coming weeks, confirmed Israel's tourism minister Yoel Razvozov. Israel hopes that Air Serbia will follow...
Avigal Soreq, who currently serves as Chief Executive Officer of El Al Airlines, has resigned to take up a role as President and Chief Executive Officer of Delek US and President of Delek Logistics. S...
The Board of Directors of flynas, the Saudi air carrier, ratified the company's strategic plan and approved raising the volume of its orders to 250 aircraft. Bander Almohanna, the CEO & MD of flynas, ...
Israeli airline El Al has signed a non-binding deal for a $130 million loan from insurer Phoenix Group, which has an interest rate of 5.5% to 7%. El Al has pledged its Matmid frequent flier club as co...
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