Africa's largest airline Ethiopian Airlines announced the final preparation for the launch of Zambia's national carrier — in a joint venture with Industrial Development Corporation Limited (IDC). In the proposed joint venture, Ethiopian Airlines will take a 45 percent stake in the joint venture while Industrial Development Corporation Limited (IDC) retains 55 percent. The shareholders have contributed $30 million in capital towards the establishment of the airline. The brand-new Zambia Airways inaugurated operations with its initial domestic flight from Lusaka,…
Covid-19 is a perfect storm for the aviation industry, putting the airlines and airports at risk. The United Kingdom's Cardiff Airport — the only international airport in Wales — has made itself clear that it would not have survived Covid-19 without the government’s 85 million pounds ($113.3 million) bailout. Spencer…
Airbahn — one of the newest startup airlines in the United States — filed its first flights and announced its launch date, marking an important milestone in its startup plans. From March 1, 2022, Airbahn will launch flights from Ontario, Calif. to Oakland, Calif., as per TheAeroNetwork. The Route Its…
The crisis has gripped the industry of commercial aviation since the start of the COVID-19 pandemic in March 2020. As a result, governments in various countries triggered numerous interventions in order to prevent many airlines from becoming insolvent and maintain worldwide connectivity in place. The severity of the crisis also…
The month of November has been seeing great success for airlines and airports worldwide, with Singapore seeing particular success with the ever-growing Vaccinated Travel Lane scheme, meant to connect the country with a set number of outside destinations. National carrier Singapore Airlines and its low-cost subsidiary Scoot have been making…
In a recent application to the U.S. Department of Transportation, WestJet detailed its intentions to add a new destination to its transborder network to the United States. Specifically, the Calgary, Canada-based carrier plans to launch flights to Spokane, Wash. using its regional brand: WestJet Link. If all goes as planned…
LATAM Airlines Group and its subsidiaries in Brazil, Chile, Colombia, Ecuador, Peru and the U.S. announced the presentation of a reorganization plan, which outlines the group’s strategy to exit Chapter 11 bankruptcy in accordance with U.S. and Chilean legislation. In a press release, the Chilean carrier stated that the plan…
Over the course of an airline's lifetime, there are natural lulls and peaks, new destinations are added while other destinations are discontinued and this is just normal for any and all airlines around the globe, but this carrier has had nothing but a decline in recent years. Air Choice One…
After a coronavirus-induced suspension, India will restart scheduled foreign flights on December 15, the Aviation Ministry said on Friday. In a statement, the Civil Aviation Ministry said the issue of resuming scheduled commercial international passenger services had been looked into in cooperation with the Ministries of Home Affairs, External Affairs,…
The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices, covering over 10,000 companies from around the world. The CSA focuses on sustainability criteria that are both industry-specific and financially material and has been doing so since 1999. LATAM Airlines Group obtained fourth place worldwide…
