Ethiopian Airlines Places Order for Africa's 1st Airbus A350-1000
Africa’s most profitable airline, Ethiopian Airlines has placed an order for Africa's first Airbus A350-1000, after converting its existing orders of A350-900 for larger planes. The airline has swapped four [...]
Kenya Airways to Get KSh103 Billion Bailout from Taxpayers
Cash-strapped Kenya Airways will once again get financial assistance from taxpayers, with its KSh103 billion debt set to be paid by the State. According to a country report by the [...]American Airlines Posts $476 Million Profit in Q2 2022
American Airlines has posted a $476 million profit for Q2 2022, its first profit without COVID aid. The profit compares with just $19 million during the same period, last year. [...]easyJet Orders 56 Airbus A320neo Aircraft
easyJet has confirmed a firm order for 56 A320neo Family aircraft following shareholder approval. The order is part of easyJet’s fleet renewal and up-gauging, cost and sustainability enhancements to the business, and [...]Delta Airlines Orders 100 Boeing MAX Aircraft for $13.5 Billion
Delta Airlines has announced plans to buy 100 medium-haul Boeing MAX passenger aircraft worth a combined $13.5 billion, in a vote of confidence for the crisis-hit jet. The gigantic deal, [...]Kenya Airways Halts Ticket Sales from London to Nairobi
Kenya Airways has suspended the sale of tickets from London to Nairobi, following a directive by Heathrow Airport instructing airlines to freeze outbound bookings until September, as it grapples with [...]KQ's Passenger Capacity to Europe Slashed by 22%
Kenya Airways (KQ) passenger capacity to Europe has been slashed by 22%, with the airline forced to fly with empty seats after Amsterdam-based Schiphol International Airport reduced the national carrier’s [...]Emirates Set to Sign Codeshare Agreement with Air Canada
Emirates Airlines has announced plans to sign a codeshare agreement with Air Canada later this year, seeking to create more options for customers when traveling on the carriers’ networks. With [...]Uganda Airlines Appoints Jennifer Bamuturaki as New CEO
Uganda Airlines has appointed Jennifer Bamuturaki as its new Chief Executive Officer. Ms Bamuturaki has been serving as interim CEO for more than a year after the firm suspended and later [...]Emirates Supports MSMEs with a Business Reward Programme
Emirates is empowering MSMEs to seek growth opportunities with an attractive incentive for new members who enrol into the Emirates Business Rewards programme. Eligible businesses around the world who sign [...]
Rising Jet Fuel Prices Likely to Drive African Airlines to $4 Billion Losses
Africa Airlines Association (AFRAA) projects African airlines to record $4.1 billion loss this year on the back of expensive jet fuel. This is equivalent to 23.4% of 2019 revenues. The [...]Air France KLM Pays €277 Million Debt, its Last Portion of Loans from the Netherlands Gov't
French-Dutch airline, Air France KLM is repaying the last portion of loans it got from from the Netherlands government and banks to help it survive the COVID-19 pandemic. The carrier [...]
