Air Arabia plans $450million loan
Air Arabia is planning to secured a loan of between $400 million to $450 million to finance aircraft delivering from next year until the end of 2015. The airline will receive 10 planes next year and i...
Air Arabia is planning to secured a loan of between $400 million to $450 million to finance aircraft delivering from next year until the end of 2015. The airline will receive 10 planes next year and i...
Rwanda intends to use part of the funds from its debut dollar-bond sale to pay down some of state-owned RwandAir’s debt. Rwanda sold $400 million of debt last month – although it received orders of $3...
The Emirates Group has today announced it 25th consecutive year of profit and company-wide growth ending the year in a strong position despite continuing high fuel prices and a weak global economic en...
FastJet has taken the next step towards launching its planned air service in South Africa between Johannesburg and Cape Town by leading the negotiation for its colleagues, Federal Air and fastjet hold...
An unconfirmed media report has suggested that Qatar has approached International Airlines Group with an informal offer to buy Bankia’s 12% stake. According to the Financial Times newspaper, the Qatar...
Ethiopian Airlines will start scheduled four weekly flights to Incheon International Airport in Seoul, the Republic of South Korea from June 18, 2013. Tewolde Gebremariam, Chief Executive Officer of E...
Strategic partners Etihad Airways and Air France have announced a number of new codeshare destinations in Africa, Asia, Australia and Europe for summer 2013. The expansion of codeshare services follow...
Qatar Airways has resumed its Boeing 787 services after a worldwide grounding of the aircraft in January. The airline’s first Boeing 787 to be redeployed operated flight QR116 from Doha to Dubai yeste...
El Al is unlikely to become a member of Star Alliance since the group has stated that any new members need to be beneficial to the Alliance overall and to the individual carrier, which means a new mem...
Ethiopian Airlines has resumed flights using its Boeing 787 aircraft with a flight from Addis Ababa to Nairobi. This is the first carrier to relaunch 787 flights since the aircraft was grounded in J...
Ethiopian Airlines has signed a Memorandum of Understanding (MoU) with Djibouti International Airport for the provision of sea-air and air-sea cargo transport of goods in East Africa. The MoU was si...
FLY Leasing has acquired a 2013-manufactured Boeing 737-800 aircraft on a 12-year lease to a leading low-cost carrier in Asia. The acquisition was funded with a combination of FLY’s unrestricted cas...
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