SriLankan Airlines closes Islamic loan
SriLankan Airlines has secured a $175m structured Islamic facility. The four-year loan subscribed in US dollars and UAE dirhams was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Mashreq's Islamic...
SriLankan Airlines has secured a $175m structured Islamic facility. The four-year loan subscribed in US dollars and UAE dirhams was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Mashreq's Islamic...
Emirates is planning to add three new flights from Dubai to Iraqi southern port city Basra from July. The move will increase the current service from four to seven flights a week to serve a growing nu...
Kenya Airways has announced that its Board of Directors had approved the award of the mandate to arrange the aircraft financing for the purchase of nine new 787-800s Dreamliners, one 777-300ER, and te...
Zambezi Airlines will resume regional flights on Sunday, June 17, 2012. The first flight will depart South Africa’s Oliver Tambo International Airport for Lusaka using one CRJ200 sources from South Af...
Chairman of Air Nigeria, Jimoh Ibrahim, announced last week that the airline had completed its second turnaround programme and had embarked on a strategic programme. The operational activities of the ...
The International Air Transport Association (IATA) has announced that Qantas Airways CEO and managing director Alan Joyce has assumed his duties as Chairman of the IATA Board of Governors. Joyce succe...
Airlines are looking to boost revenues by selling extra products, such as concert tickets, alongside airline tickets. To this end, the airlines are in loggerheads with the global ticket booking system...
Abu Dhabi Aircraft Technologies (ADAT) - the Middle East's largest independent maintenance, repair and overhaul (MRO) services provider and part of the Mubadala Aerospace MRO network - has been awarde...
US Airways is readying for formal antitrust approval for a merger with AMR. Now is the timeframe for shareholders to demand an umbrella company to keep the two brands and save on merger costs. Are you...
Plans are underway to launch a new budget airline in South Africa. Standby Travel is the brainchild of Danie Coetzee, who has asked parliament for funds to start the new public airline. The airline, w...
Virgin Atlantic will stop all services between London and Nairobi from September 23 due to falling demand and high fuel costs. Customers who have already booked flights will be offered a full refund, ...
Air Cote D’Ivoire will launch regional services in July. The Ivory Coast airline is a partnership with Air France and the Aga Khan Fund for Economic Development (AKFED), the economic development agenc...
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