Business & Finance

Air Madagascar and Air Austral to ink final deal in 4Q17

Posted 7 August 2017

Air Madagascar and Air Austral have confirmed the signing of their firm strategic partnership agreement has been delayed until late October at the earliest pending the resolution of several issues including the settlement of the Malagasy carrier's oustanding debts, reports ch-avaition.

in Business & Finance

Government of Burundi plans merger of Air Burundi and SOBUGEA

Posted 7 August 2017

The government of Burundi is planning to resuscitate moribund national carrier Air Burundi by merging it with fellow parastatal, the profitable ground-handling firm SOBUGEA (Société Burundaise de

in Business & Finance

Air transport infrastructure and connectivity to key to boosting Nigeria's economy

Posted 7 August 2017

The International Air Transport Association (IATA) says more jobs could be created and additional economic growth achieved in Nigeria if the West African nation used the transformative power of

in Business & Finance

African airlines' traffic soared 9.9% in June

Posted 7 August 2017

The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period.

in Business & Finance

Embraer releases second quarter 2017 results

Posted 28 July 2017

In 2Q17, Embraer delivered 35 commercial and 24 executive (16 light and 8 large) jets, compared to the 26 commercial and 26 executive (23 light and 3 large) jet deliveries in 2Q16.

in Business & Finance

Boeing reports strong second-quarter results

Posted 26 July 2017

The Boeing Company has reported strong earnings and operating cash flow in the second quarter of 2017, driven by improved operating performance.

in Business & Finance

Syphax Airlines gains reorganisation plan approval

Posted 20 July 2017

Syphax Airlines is on track for its planned 4Q17 relaunch after the Court of Sfax approved airline's reorganisation plan, reports ch-aviation.

in Business & Finance

Comoros set to offer foreign carriers cabotage rights

Posted 18 July 2017

The government of the Comoros is planning to open up the Indian Ocean archipelago's domestic market to foreign operators, reports ch-aviation.

in Business & Finance

Air Zimbabwe slashes workforce by half

Posted 17 July 2017

Air Zimbabwe has announced that it has retrenched 200 of its 424 staff as it struggles to keep the airline in business. This is the fourth round of retrenchments in eight years, reports ch-aviation.

in Business & Finance

Emirates terminates TAAG Angola management contract

Posted 11 July 2017

Emirates has terminated, effective immediately, a ten-year Management Concession Agreement with TAAG Angola Airlines, reports ch-aviation.

in Business & Finance

Fastjet to acquire branding rights from EasyGroup

Posted 10 July 2017

Fastjet plc the London-listed co-parent of Fastjet Zimbabwe and Fastjet, has announced plans to acquire the rights to the Fastjet brand from EasyGroup Holdings for USD2.5 million, reports ch-aviation.

in Business & Finance

Boeing reports second-quarter deliveries

Posted 10 July 2017

The Boeing Company has announced deliveries across its commercial and defence operations for the second quarter of 2017.

in Business & Finance

Boeing raises forecast for new aircraft demand

Posted 22 June 2017

Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued at $6.1 trillion dollars.

in Business & Finance

Air transport supports 490,000 jobs and contributes US$12bn in GDP for South Africa

Posted 21 June 2017

The International Air Transport Association (IATA) has released new data showing that the air transport sector in South Africa provides immense value to the people and economy of the country

in Business & Finance

Air transport supports 620,000 jobs, contributes US$3.2bn in GDP for Kenya

Posted 20 June 2017

The International Air Transport Association (IATA) has released new data showing that the air transport sector in Kenya supports some 620,000 jobs including tourism-related employment, while

in Business & Finance

Eq. Guinea seeks to resolve crisis blocking CEIBA's Euro ops

Posted 20 June 2017

The President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, dispatched his Minister for Foreign Affairs, Agapito Mba Mokuy, to Spain last week to resolve legal obstacles affecting CEIBA Intercontinental and its

in Business & Finance

ATR creates an integrated Leasing, Asset Management and Freighter department

Posted 7 June 2017

ATR has created a new Leasing, Asset Management & Freighter department which has thepriorities of managing sales to the leasing community and facilitating the placement of new or used ATR aircraft by

in Air Transport / Business & Finance

Fastjet's losses deepen as LCC continues stabilisation plan

Posted 31 May 2017

African low cost carrier Fastjet has seen losses almost double in what CEO Nico Bezuidenhout described as “a challenging year”.

in Business & Finance

Mahogany Air secures funding to resume operations

Posted 10 May 2017

Zambia's Mahogany Air has again outlined plans to resume commercial passenger operations, nearly three years after they were first suspended, reports ch-aviation.

in Business & Finance

Arik Air gets $4.7 million injection from AMCON

Posted 10 May 2017

Arik Air has received an injection of NGN1.5 billion (USD4.7 million) from the Asset Management Corporation of Nigeria (AMCON) since being taken over by the state-owned body, reports ch-aviation.

in Business & Finance

SAA secures a final court order against cabin crew strike

Posted 4 May 2017

South African Airways (SAA) successfully argued at the Labour Court to have an interim order granted on the 26th April 2017 confirmed as a final order against the South African Cabin Crew Association (SACCA) and its members.

in Business & Finance

Boeing reports first-quarter results

Posted 27 April 2017

The Boeing Company reported higher first-quarter earnings and operating cash flow compared to the previous year, driven by solid execution on production programmes and services.

in Business & Finance

US government concealing details of sale of Air Tractor bombers to Kenya

Posted 18 April 2017

US Congressman Ted Budd has accused the government of 'stone-walling' and refusing to release details about the planned sale to Kenya of 14 Air Tractor crop duster aircraft that will be armed and deployed

in Business & Finance

Airlines demand hard cash for Zimbabwe ticket sales

Posted 18 April 2017

At least five global airlines including Qantas, Lufthansa, KLM Royal Dutch Airlines, Air France, and Delta Air Lines have instructed travel agents in Zimbabwe to only accept hard currency in the form of cash when selling tickets to

in Business & Finance

Air Burkina back in hands of Burkinabe government; seeks partner

Posted 12 April 2017

The Aga Khan Fund for Economic Development (AKFED) has divested itself of its 51% stake in Air Burkina selling it to the Burkinabe government, reports ch-aviation.

in Business & Finance

Arik Air board takes legal action over AMCON takeover

Posted 4 April 2017

An objection has been filed in the Federal High Court in Lagos about the take over of Arik Air by the state-owned Asset Management Corporation of Nigeria (AMCON), reports ch-aviation.

in Business & Finance

Air Botswana seeks to settle $500k CAAB fee dispute

Posted 4 April 2017

Air Botswana is looking to settle a dispute with the Civil Aviation Authority of Botswana (CAAB) over what it claims are excessive charges for landing fees and passenger service levies, reports ch-aviation.

in Business & Finance

Ghana to review 5th Freedom traffic right allocations

Posted 20 March 2017

The Ghanaian government has plans to review the allocation of the 5th Freedom traffic rights granted to foreign carriers, reports ch-aviation.

in Business & Finance

Air Zimbabwe to cut senior staff in restructuring drive

Posted 20 March 2017

The Chief Executive of Air Zimbabwe has spoken before a parliamentary committee, outlining a restructuring plan, which will see the loss of top management positions, reports ch-aviation.

in Business & Finance

Arik Air denies it will retrench 1,500 staff

Posted 13 March 2017

Arik Air, which is currently under the management of the state-owned Asset Management Corporation of Nigeria (AMCON), may be about to lay off 1,500 staff, reports ch-aviation.

in Business & Finance

TAAG Angola Airlines sees improved financial results under Emirates management team

Posted 10 March 2017

TAAG Angola Airlines has announced a dramatically better result for 2016 over 2015.

in Business & Finance

InAvia submits Expression of Interest for Air Botswana

Posted 10 March 2017

German independent aviation consultancy InAvia Aviation Consultants has submitted an Expression of Interest for Air Botswana.

in Business & Finance

AJW expand headquarters after rising demand

Posted 3 March 2017

AJW Group, that has offices in Africa, has announced the expansion of its 375,000 square feet global headquarters in response to rising demand.

in Business & Finance

Arik Air investment offer rejected by Ethiopian Airlines

Posted 28 February 2017

Ethiopian Airlines has reportedly rejected an offer from the state-owned Asset Management Corporation of Nigeria (AMCON) to take over management of struggling Arik Air, reports ch-aviation.

in Business & Finance

CEO of Kenya's Baracuda Airways arrested for fraud

Posted 28 February 2017

The Chief Executive Officer of Kenyan start-up Baracuda Airways has been arrested on allegations of fraud, reports ch-aviation.

in Business & Finance

AB Aviation reaches deal with CAA to resume ops

Posted 13 February 2017

Comoros' AB Aviation has reached an agreement with the Comorian civil aviation authority concerning the settlement of outstanding duties with plans to resume commercial operations, reports ch-aviation.

in Business & Finance

Middle East and Africa's first IATA NDC based travel search engine to be launched

Posted 1 February 2017

TPConnects – the first dual International Air Transport Association (IATA) New Distribution Capability (NDC) Certified Travel Technology Provider has unveiled that it will be launching

in Business & Finance

Maputo court gives ex-LAM official suspended sentence

Posted 26 January 2017

A Maputo District Court has convicted a former financial director of LAM for abuse of office following a Mozambican anti-corruption task-force investigation into several airline executives last year, reports ch-aviation.

in Business & Finance

Boeing reports fourth-quarter results

Posted 26 January 2017

The Boeing Company has reported fourth-quarter revenue of $23.3 billion with GAAP earnings per share of $2.59 and core earnings per share (non-GAAP) of $2.47 reflecting overall solid execution on production programs and services.

in Air Transport / Business & Finance

Airbus hits new aircraft delivery record

Posted 12 January 2017

Airbus' commercial aircraft deliveries in 2016 were up for the fourteenth year in a row, reaching a new company record of 688 aircraft delivered to 82 customers.

in Business & Finance

Boeing releases delivery results for Q4 of 2016

Posted 9 January 2017

The Boeing Company has announced deliveries across its commercial and defence operations for the fourth quarter of 2016.

in Business & Finance

Ethiopian Airlines ended 2016 with profitable growth.

Posted 3 January 2017

Ethiopian Airlines has released its financial results of 2016.

in Business & Finance

AfDB approves USD $159 Million corporate loan to Ethiopian Airlines for fleet modernisation plan

Posted 21 December 2016

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines' expansion plan and fleet

in Business & Finance

Boeing Board raises dividend, renews share repurchase authorisation

Posted 13 December 2016

The Boeing board of directors has declared the company's quarterly dividend will increase 30 percent to $1.42 per share. The board also replaced the existing share repurchase programme with a new $14 billion

in Business & Finance

Boeing releases annual Current Aircraft Finance Market Outlook

Posted 12 December 2016

Boeing said strength in the capital markets and innovative funding developments will provide airlines and lessors efficient aircraft financing solutions in 2017.

in Business & Finance

Nigeria to release $300mn to foreign carriers

Posted 8 November 2016

The Nigerian government said it has directed the Central Bank of Nigeria (CBN) to release a total of USD300 million in unremitted revenue to foreign airlines, reports ch-aviation.

in Business Aviation / Business & Finance / Flight Services & Support

NBAA: China's Deer Jet takes major share of trip support firm UAS

Posted 31 October 2016

International trip support company, UAS, which has operations in Johannesburg and Lagos has sold a major stake in the company to Chinese business aviation operator Deer Jet, it was announced at NBAA today.

in Business & Finance

Air Zimbabwe in talks with Malaysian firm over B787 lease

Posted 31 October 2016

Air Zimbabwe has initiated talks with an unspecified Malaysia-based firm over the proposed lease of a B787, reports ch-aviation.

in Business & Finance

SAA has concluded its first AGM

Posted 31 October 2016

SAA has concluded its first AGM since the new board was appointed in September 2016.

in Business & Finance

Embraer delivers third quarter 2016 results

Posted 31 October 2016

During 3Q16, Embraer delivered 29 commercial jets and 25 executive jets (13 light and 12 large).

in Business & Finance

Boeing reports third-quarter results and raises full year guidance

Posted 26 October 2016

The Boeing Company has reported third-quarter GAAP earnings per share of $3.60 and core earnings per share (non-GAAP) of $3.51 reflecting overall solid execution on production programmes and services, favourable

in Business & Finance

Etihad Aviation group and partners will contribute billions to African economy in 2016

Posted 26 October 2016

Etihad Aviation Group (EAG) and its equity airline partners will support almost 425,000 jobs and are expected to contribute US$3.6 billion GDP to the African economy in 2016, as Abu Dhabi

in Business & Finance

Afriqiyah secures stake in Tunisian flight school

Posted 17 October 2016

Afriqiyah has acquired a 20% stake in the Aviation Training Center of Tunisia (ATCT), reports ch-aviation.

in Business & Finance

DAE top lessor for Africa and Middle East

Posted 9 October 2016

Dubai Aerospace Enterprise (DAE) has been named as the Middle East and Africa 'Lessor of the Year'.

in Business & Finance

South African Minister of Finance approves disbursement for SAA

Posted 19 September 2016

South African Minister of Finance, Pravin Gordhan, has approved the disbursement of a ZAR5 billion (USD351 million) state-backed guarantee to struggling carrier, South African Airways (SAA), reports ch-aviation.

in Air Transport / Business & Finance

Arik flights suspended in admin crisis

Posted 14 September 2016

Arik Air, Nigeria's largest airline, became the of the country's carriers to suspend flight operations in the last three weeks.

in Business & Finance

South African opposition takes Myeni's appointment to court

Posted 13 September 2016

South Africa's largest opposition party, the Democratic Alliance said it is taking legal action against the South African government following its controversial decision to reappoint Duduzile Myeni as the chairwoman of

in Business & Finance

Nile Air looks to go public on Egyptian Stock Exchange in 2017

Posted 5 September 2016

Nile Air's chief executive officer Ahmed Aly said the Egyptian airline is looking to go public on the Egyptian Stock Exchange at some point in 2017, reports ch-aviation.

in Business & Finance

Nigerian taxman seizes Skyjet Aviation Services

Posted 31 August 2016

Nigeria's Federal Inland Revenue Service (FIRS) has seized and sealed off the premises of Skyjet Aviation Services in the Northwest Nigerian city of Kaduna citing unpaid back taxes, reports ch-aviation.

in Business & Finance

IATA and Egyptian authorities working together to address airline blocked funds

Posted 30 August 2016

The International Air Transport Association (IATA) and Egyptian authorities are working together to find a practical solution to release, for repatriation foreign exchange funds due international

in Business & Finance

EgyptAir Holding Company will not be privatised, said CEO

Posted 18 August 2016

Safwat Mossallam, the chairman and CEO of the EgyptAir Holding Company said the company will not be privatised as part of economic reforms the government will undertake later this year, reports ch-aviation.

in Business & Finance

Nationwide Airlines wins SAA anti-competition case

Posted 15 August 2016

A South Gauteng High Court has awarded Nationwide Airlines ZAR104.6 million (USD7.89 million) in damages plus interest after ruling that South African Airways practices did breach South Africa's Competition Act and did inflict

in Business & Finance

Boeing will not increase production of 787 and may cut 777 out-put unless sales improve

Posted 12 August 2016

Boeing has said it will not increase 787 out-put and could further cut 777 out-put unless sales of both jets improve.

in Business & Finance

Boeing reports second-quarter results

Posted 28 July 2016

The Boeing Company has reported second-quarter revenue of $24.8 billion on strong commercial deliveries and services growth.

in Air Transport / Business & Finance

Fastjet's rocky progress leads to boardroom battles

Posted 4 June 2016

Fastjet, the fledgling Pan-African low-cost carrier is continuing its rocky road to break-even according to its latest set of figures.

in Business & Finance

EBACE: International Aviation Services Organization unveiled at EBACE

Posted 24 May 2016

A new non-profit organisation, the International Aviation Services Organization (IASO), was unveiled at EBACE in Geneva today.

in Business & Finance

Air Seychelles reports fourth year profitabilty in a row

Posted 3 May 2016

Air Seychelles has reported its fourth year of profitability in a row, with net profits of USD2.1 million in 2015, on revenues of USD 105.4 million.

in Business & Finance

Boeing reports fourth-quarter results

Posted 28 January 2016

The Boeing Company reported fourth-quarter revenue of $23.6 billion and core earnings per share (Non-GAAP) of $1.60.

in Business & Finance

Boeing forecasts new participants and more options for 2016 aircraft financing

Posted 22 January 2016

Boeing has said airlines and lessors will continue to have access to efficient funding at attractive pricing throughout 2016 as new participants enter the aircraft financing industry and current

in Business Aviation / Business & Finance

Bombardier and TAG Aeronautics end MENA sales and distribution relationship

Posted 13 January 2016

As a result of a change in Bombardier's strategic approach to aircraft sales, Bombardier and TAG Aeronautics have amicably elected to end their contractual agreements.

in Business & Finance

Egyptair fined for Sudan Airways leases

Posted 4 January 2016

Egyptair has been fined USD140,000 by the US Bureau of Industry and Security (BIS) for violating a US trade embargo against Sudan between 2010 and 2011, reports ch-aviation.

in Air Transport / Business & Finance / Features

Anatomy of a merger

Posted 10 November 2015

When Daallo Airlines called in Dubai-based consultancy Aerotask for a bit of business advice, neither side realised the job would culminate in the merger of the airline with local rival Jubba Airways fewer than six months later. Victoria Moores reports.

in Business & Finance

Ex-Im on the road to reauthorisation

Posted 29 October 2015

The US Export-Import Bank (Ex-Im), a vital part in the financing of aircraft and other assets in Africa and the Middle East, has been reauthorised by the US House of Representatives.

in Air Transport / Business & Finance

Ethiopian warns Boeing that Ex-Im bank closure threatens new orders

Posted 10 October 2015

Ethiopian Airlines has warned Boeing that the shutdown of the U.S. Export-Import Bank has raised concerns about the airline's ability to take delivery of Boeing jets already ordered and the closure would force it to

in Air Transport / Business Aviation / Business & Finance

Bombardier's secret talks with Airbus have ended

Posted 7 October 2015

Airbus confirmed today that it had been in talks with Canadian manufacturer Bombardier, but those discussions “are no longer being pursued”.

in Business & Finance / Flight Services & Support

Air Partner moves into safety with Baines Simmons acquisition

Posted 19 August 2015

Global aviation services group, Air Partner has entered the aviation safety market with the acquisition of Baines Simmons.

in Air Transport / Business & Finance

Etihad faces Ethiopian in talks for stake in Rwandair

Posted 9 August 2015

Etihad is going head to head with Ethiopian Airlines in talks with central African airline Rwandair for a 49% stake in the Kigali-based carrier.

in Air Transport / Business & Finance

Ethiopian agrees leaseback deal for B737

Posted 8 August 2015

Ethiopian Airlines has agreed a sale-and-leaseback deal with AWAS, covering three new Boeing 737-800s

in Air Transport / Business & Finance

Kenya Airways in crisis with worst ever financial results

Posted 30 July 2015

Kenya Airways (KQ) has reported a worse than expected pre-tax loss of $295million for its full year results.

in Business & Finance / Maintenance / Airports

Sabena and ECAir combine for new MRO in Congo

Posted 27 July 2015

Belgian MRO specialist Sabena Aerospace is to establish a new facility in Brazzaville following a joint venture deal with Equatorial Congo Airlines (ECair)

in Business & Finance

SAA continues to drive implementation across all business areas

Posted 17 July 2015

South African Airways (SAA) continues to drive implementation of its Long-Term Turnaround Strategy (LTTS) across the business.

in Air Transport / Business & Finance

IATA sees Namibia reaping benefits of liberalised African air markets

Posted 9 July 2015

The International Air Transport Association (IATA) says more jobs could be generated and additional economic growth achieved in Namibia if intra-African markets were opened up to permit greater airline

in Technology / Business & Finance

Paris: Abu Dhabi aerostructures business looks toward North Africa

Posted 18 June 2015

Abu Dhabi aerostructures business Strata is eyeing potential manufacturing bases in North Africa, the company's CEO has said in Paris.

in Business & Finance

Boeing forecasts demand for 38,050 new airplanes valued at $5.6 trillion

Posted 12 June 2015

Boeing projects a demand for 38,050 new airplanes over the next 20 years, an increase of 3.5 percent from last year's forecast. Boeing released its annual Current Market Outlook (CMO) today, estimating the

in Business & Finance

fastjet announces its results for the year to December 31 2014

Posted 3 June 2015

fastjet has releases its results for end of 2014.

in Business & Finance

AfBAA adds professional member category as it restructures membership

Posted 26 May 2015

The African Business Aviation Association (AfBAA) has announced that it has added the category of Professional Member to its membership categories. It follows a restructuring of the membership options as it aims

in Business & Finance

SAA signs MoU with DTI to develop and support inclusive supplier sourcing and procurement

Posted 20 May 2015

South African Airways (SAA) has announced that the airline has signed a Memorandum of Understanding (MOU) with the Department of Trade and Industry (DTI) in a commitment to develop and

in Business & Finance

Air Arabia reports growth in first quarter profits

Posted 11 May 2015

Low cost carrier Air Arabia has reported a 13% increase in net profit for the first quarter of 2015.The Sharjah airline which operates from Morocco and Egypt announced its financial results this morning as the airline's route and hub

in Air Transport / Business Aviation / Business & Finance / People

Aviation Africa: How does the region get the finance it needs?

Posted 10 May 2015

For many years Africa has been seen as a high-risk investment. Access to structured finance has been hard to break through, but are things changing? From modernising fleets to introducing new business aircraft,

in Business & Finance

EgyptAir launches new pricing policy

Posted 5 May 2015

EgyptAir has recently launched a new pricing policy on all flights to/from Europe, through which the passengers will enjoy special ticket prices.

in Business & Finance / Airports

AfDB commits $140m to Sharm El-Sheikh Airport expansion

Posted 28 April 2015

The African Development Bank (AfDB) Group has approved a $140-million loan to Egypt's Sharm El-Sheikh Development Project.

in Business Aviation / Business & Finance

Kestrel and Eclipse become One

Posted 15 April 2015

The manufacturers of the Eclipse 550 twin-engine light jet and the Kestrel K350 single-engine turboprop are coming together to form the One Aviation Corporation.

in Air Transport / Business & Finance

CIT orders five additional A321ceo aircraft

Posted 3 April 2015

Transport finance specialist, CIT Group, which leases and finances aircraft for airlines and business aviation operators, has placed a firm order for five more A321ceo aircraft, doubling its most recent commitment for five A321ceo's made at

in Business & Finance / People

Lufthansa Consulting opens branch office in Djibouti

Posted 16 March 2015

Lufthansa Consulting is establishing a regional office in the Republic of Djibouti to further develop its market engagement in Africa.

in Air Transport / Business & Finance

SAA 'technically insolvent' and exploring emergency funding options

Posted 10 February 2015

South African Airways (SAA) is exploring emergency funding options as part of a 90-day action plan intended to restore the state-owned carrier to solvency after it confirmed today that it is “technically

in Business & Finance

Airbus increases average list prices for its aircraft

Posted 23 January 2015

Airbus has increased the average list prices of its aircraft by 3.27 per cent across the product line. The new pricing is effective from January 1st 2015.

in Business & Finance

Proflight cuts fares on removal of jet fuel duty

Posted 20 January 2015

Proflight Zambia has welcomed the removal of five per cent customs duty on aviation fuel and passed this on to passengers by cutting fares across the board.

in Business Aviation / Business & Finance

Bombardier halts Learjet 85 and its share prices plunge

Posted 16 January 2015

Bombardier has halted production on the proposed Learjet flagship, the Lear 85 with several analysts suggesting the “pause” could be permanent.

in Business Aviation / Business & Finance / People

Haddad joins Jetcraft to launch commercial leasing division

Posted 16 January 2015

Business aircraft sales, acquisitions and trader Jetcraft, has launched a new commercial aircraft sales and leasing division.

in Business & Finance

fastjet achieves first profitable trading month in December 2014

Posted 12 January 2015

fastjet Tanzania has posted its first profitable trading month at an Earnings before Interest and Tax ('EBIT') level in December as it saw strong demand for its services during the very busy holiday season and benefited

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Issue 3, Vol 5: African Aerospace July - September 2017

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Other News

Air transport supports 490,000 jobs and contributes US$12bn in GDP for South Africa

The International Air Transport Association (IATA) has released new data showing that the air transport sector in South Africa provides immense value to the people and economy of the country supporting some 490,000 jobs including

Boeing raises forecast for new aircraft demand

Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued at $6.1 trillion dollars.

Comoros set to offer foreign carriers cabotage rights

The government of the Comoros is planning to open up the Indian Ocean archipelago's domestic market to foreign operators, reports ch-aviation.

Air Zimbabwe slashes workforce by half

Air Zimbabwe has announced that it has retrenched 200 of its 424 staff as it struggles to keep the airline in business. This is the fourth round of retrenchments in eight years, reports ch-aviation.

Emirates terminates TAAG Angola management contract

Emirates has terminated, effective immediately, a ten-year Management Concession Agreement with TAAG Angola Airlines, reports ch-aviation.

Boeing reports second-quarter deliveries

The Boeing Company has announced deliveries across its commercial and defence operations for the second quarter of 2017.

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