February 13, 2022 7:00 am ET
March 4, 2020 10:00 am ET -
Ethiopian Airlines Records Strong Half-Year Profit
Though unaudited, Ethiopian Airlines (Ethiopian) posted strong half-year financial returns in the current fiscal year with Public Enterprises Agency, reporting a $260 million in profit for the 2019-2020 year. $2.1 billion recorded in revenues made it the second most profitable…
January 16, 2020 5:38 pm ET -
Ethiopian Airlines Sets Stage for New Hub Airport
Ethiopian Airlines CEO Tewolde Gebremariam on Wednesday said that his airline would look to begin construction on a new $5 billion airport that would enable it to grow well beyond the capacity of its current hub at Addis Ababa Bole…
December 4, 2018 11:50 am ET -
Singapore Changi Passenger Numbers Take off in October
According to Singapore Changi Airport, the vibrant Asian hub has handled 5.38 million passengers in October, a 4.3 percent increase compared to last year. Airfreight also grew 2.1 percent to reach 190,000 tonnes and the aircraft movement were 3.2 percent…
August 29, 2018 9:39 pm ET -
Laudamotion Announce Expansion Plans, New Livery and Growth Initiatives
Laudamotion, the Austrian low-cost airline which took over the insolvent Niki earlier this year, has announced that it will double its fleet size from 9 to 18 Airbus A320 aircraft for summer 2019. The carrier, which focuses on the Austrian…
June 29, 2018 10:35 pm ET -
Delta Looking to Asia for Revenue Growth
After Atlanta-based Delta Air Lines announced the resumption of its service to India, the carrier has stated that it is looking to Asia for future revenue growth. In a statement at the National Press Club luncheon, Delta CEO Ed Bastian…