Emirates Group Announces Record Half-Year Performance For 2022-2023
The Emirates Group announced its half-year results for its 2022-23 financial year. The Group is reporting a 2022-23 half-year net profit of AED 4.2 billion (US$ 1.2 billion), a record [...]
Competition Authority Orders Fly 540 to Cease Advertising Flights after Customers Complaints
The Competition Authority of Kenya(CAK) has directed Fly 540 to cease advertising flights on all its platforms following complaints from consumers. The competition watchdog noted that it had received over [...]National Treasury Seeks Foreign Strategic Investor to Buy Controlling Stake in KQ
The National Treasury will seek a foreign strategic investor to buy a controlling stake in Kenya Airways (KQ) as a path of returning the national carrier to profitability. Treasury Principal Secretary [...]RwandAir Begins Non-Stop Direct Flights to London
Rwanda’s national flag carrier, RwandAir has begun direct flights between Kigali and London, England, shortening the flight time for travellers between the two cities as the airline seeks to expand [...]Airlines to Resume Direct Flights to Diani Airport as KAA Completes Renovations
Airlines can now resume direct flights to Diani after the Kenya Airports Authority (KAA) completed the rehabilitation works at the Diani Airport runway, boosting its capacity ahead of the December [...]Astral Aviation to Operate Direct Cargo Flights to Israel
Astral Aviation has received the nod to operate direct cargo flights to Israel, after acquiring a second freighter from the US ahead of the peak season for horticulture exports. This [...]KQ Adds More Destinations via New Codeshare Agreement with Air Austral
National carrier Kenya Airways (KQ) has added more destinations for its clientele, after signing a new codeshare agreement with Reunion Island-based Air Austral. The agreement is expected to give KQ [...]GoK Takes Up Kenya Airways's $525 Million Defaulted Loan
The Cabinet has approved a decision to have the Government of Kenya take over the payment of a $525 million US Export-Import Bank loan it guaranteed forKenya Airways (KQ), after [...]Construction of Long-Awaited $272 Million Msalato Airport in Dodoma Begins
The building of an Msalato airport in Tanzania's capital city, Dodoma, has begun after President Samia Suluhu Hassan laid the foundation stone for the construction of the $272 million facility. [...]Boeing Posts $3.3 Billion Loss in Q3 2022
Boeing has posted a $3.3 billion loss in the third quarter of 2022, attributed to increased costs on several defense programs due in part to supply chain expenses. The company [...]Lufthansa Posts $814 Million Profit in Q3 2022
Germany's airline giant Lufthansa, has posted a net profit of 809 million euros ($814 million) in the third quarter of 2022, compared to a loss of 72 million euros in [...]Blow as KCAA Denies KQ Permit for 6 New Domestic Routes
The Kenya Civil Aviation Authority (KCAA) has denied Kenya Airways (KQ) an air service licence to fly to six new domestic routes. The Authority rejected an application by the national [...]
