PLANS TO RELAUNCH MANDALA AIRLINES IN 2012
Mandala Airlines is expected to begin operations again from next year after it was acquired by a local investment firm Saratoga Capital. In an interview with The Jakarta Post, Saratoga Capital investm...
Mandala Airlines is expected to begin operations again from next year after it was acquired by a local investment firm Saratoga Capital. In an interview with The Jakarta Post, Saratoga Capital investm...
Qatar Airways CEO Akbar Al Baker said the airline remains interested in Bombardier’s C Series aircraft but has had to put off placing an order while it assesses the benefits of other aircraft such as ...
Air Zimbabwe cancelled several flights yesterday, including the Harare-London and Harare-Johannesburg flights, due to its failure to pay for fuel. Suppliers are reportedly owed in excess of $1.6 milli...
Stefan Pichler, CEO of low-fare carrier Jazeera Airways, said he expects the airline to continue its growth and profitability for the rest of the year and that it is well on the way to “sustainable pr...
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...
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