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Ethiopian Airlines to Help In Launch of New Nigerian National Carrier, Nigeria Air
Ethiopian Airlines is the preferred bidder for the future Nigerian airline Nigeria Air, Nigerian Aviation Minister Hadi Sirika said last Friday. The Ethiopian national airline will own a 49% stake in the new Nigerian airline, while the Nigerian Sovereign Wealth Fund will take 46% and the Nigerian federal government the remaining 5%. According to Sirika, Ethiopian […]
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Air Austral Strives to Restore Its Prospects As It Submits a Restructuring Plan to the European Commission
The rescue Air Austral — a French airline based in the country’s Indian Ocean territory of Réunion — will not go through a merger with Corsair, also in great financial difficulty after the health crisis, and strongly defended by the French government but fiercely rejected by the elected representatives of the Reunion regional council. The […]
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Ethiopian Airlines, Still Hungry for More Freighters, Announces Deal with Titan Investments for Boeing 767Fs
Ethiopian Airlines Group has signed a long-term dry lease agreement with Titan Aircraft Investments,the joint venture between Titan Aviation Holdings and Bain Capital Credit, for three Boeing 767-300ER converted freighters. Ethiopian Airlines is expected to take delivery of the first aircraft later this month with the second delivery planned for later this year and the […]
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Ethiopian Airlines Records Higher Profits, Expands Presence in Middle East
Ethiopian Airlines reported 79 percent revenue growth for its fiscal year that ended on July 30. According to Mamo Mihretu, the CEO of Ethiopian Investment Holdings, in a tweet, the state-owned airline recorded $5 billion in revenue this fiscal year, a growth of 79% over last year. Additionally, profits rose 90 percent to $937 million, […]
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Kenya Airways Cuts Half-Year Losses to $82.4 Million, Details Restructuring Plans
As Kenya Airways struggles to shrug off its losing streak, the airline announced it has cut its first-half losses by almost a third as the reopening of travel markets enabled it to more than double passenger revenues. The airline reported a loss of $82.4 million during the half-year period ending June 2022, according to disclosure […]
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Etihad Airways Boosts Flight Operations to U.S.
Etihad Airways plans to add 4 additional weekly flights between Abu Dhabi, the United Arab Emirates and New York’s John F. Kennedy International Airport, starting in November. These additional flights will be flown on the Boeing 787-9 Dreamliner. In response to the increased demand seen on this route, the carrier will be adding these flights. […]
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Ethiopian Airlines Adds European Fifth Freedom Route, Continues 737 MAX Deliveries
Ethiopian Airlines will try to stabilize its schedule in the months ahead, and it will turn to overseas flights to make that happen. The airline has obtained traffic rights on the route between Geneva, Switzerland and Manchester, two destinations to be offered jointly from Addis Ababa. Beginning Oct. 30, the resumption of flights by the […]
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Emirates To Introduces Third Daily Flights to Mauritius From October, Announces $2 Billion Upgrade to Cabins
Due to increased travel demand to and from Mauritius, Emirates will boost connectivity to the island nation with additional evening frequency to Mauritius which will operate until January 31, 2023. Emirates will be commanding the traffic between Dubai and Mauritius with the new third-daily frequency which supplements the existing 2X-daily flight to the island nation […]
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United Announces New Nonstop Flights to South Africa
Earlier this week, United announced new direct flights between Washington, DC’s Dulles Airport and Cape Town, South Africa —becoming the first airline to provide nonstop round-trip service from the United States’ capital to one of South Africa’s main gateways. The U.S. Department of Transportation granted the airline three weekly direct flights,, which will commence on […]
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Virgin Atlantic and Kenya Airways Announce Interline Agreement
Kenya Airways and Virgin Atlantic have announced an interline agreement, aiming to provide convenient connections for customers between Africa and Europe. The interline agreement will allow passengers to connect travel with a single ticket between points of the networks of both carriers. Under the agreement, Kenya Airways will extend its reach in the U.S., the […]