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…
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…
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…
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…
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…