ETIHAD TO BREAK EVEN THIS YEAR
Peter Baumgartner, chief commercial officer for Etihad Airways stated that the airline was on track to break even by the end of 2011. Etihad posted an EBITDA figure last year and fully expects to brea...
Peter Baumgartner, chief commercial officer for Etihad Airways stated that the airline was on track to break even by the end of 2011. Etihad posted an EBITDA figure last year and fully expects to brea...
Ethiopian Airlines has resumed flights to Djibouti after two days of disruption due to ash erupting from the Dubbi volcano in southern Eritrea. However, many other flights to Northern Ethiopia and Kha...
Dubai-based low-cost airline, Flydubai, wants to serve more destinations in India following the launch of its new service between Hyderabad and Dubai. The ailrine has already sought approval for fresh...
The ash cloud from the Nabro volcano in Eritrea, which erupted on Monday, has disrupted flights in the region. Luxor International Airport has declared a state of emergency in anticipation of the arri...
Low-cost carrier Air Arabia, has abandoned plans to establish a hub in Jordan due to the continued political unrest in the region and higher fuel prices. “We felt there was no point and shelved it for...
TAAG Angola Airlines has secured $256 million loan with an US Export-Import Bank guarantee for one 777-300ER aircraft with GE90-115B engines. The guaranteed lender is the New York-based Private Export...
Kenya Airways has reported a net profit of KES3.54 billion ($41.8 million) for fiscal year ended March 31, 2011. Net profit is 73.9% over the previous year. Higher volumes and yields in passenger and ...
Capital Management House, the Bahrain based investment bank, has announced it has made the first distribution of dividends to investors of its aircraft leasing investment fund, which was established i...
Emirates Airline has increased flights to Cairo to 12 per week, with flights operating twice a day, on five days of the week. "The increase in flights is reflective of the level of traffic at Cairo In...
The International Air Transport Association has suspended Air Zimbabwe from international financial and flight booking services. In a statement issued yesterday, IATA ordered travel agents to ‘immedia...
From June 12, Royal Jordanian Cargo will operate five-times-weekly flight from Amman to Maastricht. The cargo carrier will use an Airbus A310F on the route. RJ Cargo switched its European cargo activi...
Emirates has withdrawn its fuel surcharge on all tickets after the recent decrease in oil prices. The airline only introduced the surcharge on April 18. “In line with the recent decrease in fuel price...
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