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A South African A340 (Photo: AirlineGeeks | James Dinsdale)

Ethiopian Eyeing Stakes in South African Airways

Another day, another rumor that Africa's largest carrier Ethiopian is considering ways to potentially offer support to the insolvent South African Airways with sources familiar with the matter citing talks between Ethiopian Airlines Group eyeing stakes are already in place with the South African government. The long-rumored potential tie-up between two of Africa's largest carriers is once again garnering headlines with Ethiopian Chief Executive Officer Tewolde GebreMariam admitting talks have taken place in the past but were put on hold,…

Emirates To Receive $2 billion State Aid Package

In the midst of massive layoffs and reorganizations of aircraft orders, Emirates has secured a bailout that will give the company some momentary peace of mind. An aid package of 7.3 billion dirhams, or about $ 2 billion, was granted to Emirates by Dubai's government, which further reported in a…