Business & Finance

AfDB banks on more regional integration

Posted 22 August 2019

For several years the African Development Bank (AfDB) has been supporting commercial aviation in Africa and the organisation’s chief aviation officer, Romain Ekoto, has been explaining about current projects and his vision for the future.

in Business & Finance

Embraer releases second quarter results

Posted 14 August 2019

Embraer delivered 26 commercial and 25 executive (19 light and 6 large) jets during 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in 2Q18.

in Business & Finance

Airbus releases financial results for half-year 2019

Posted 1 August 2019

Airbus has reported half-year (H1) 2019 consolidated financial results and maintained its guidance for the full-year.

in Business & Finance

Denel fraud investigations reach advanced stages

Posted 31 July 2019

South African based Denel has initiated several forensic investigations into alleged fraud and misappropriation of funds conducted by its previous management, and this will soon result in legal actions to recover losses.

in Business & Finance

Embraer delivers 26 commercial and 25 executive jets in 2Q19

Posted 30 July 2019

Embraer delivered a total of 51 jets in the second quarter of 2019 (2Q19), of which 26 were commercial aircraft and 25 were executive jets (19 light and 6 large).

in Business & Finance

French Minister of economy and finance visits Ethiopian Airlines

Posted 24 July 2019

A French delegation led by French Minister of economy and finance, Bruno Le Maire, visited Ethiopian Airlines this week.

in Business & Finance

Paris Airshow: Boeing forecasts $8.7 trillion aerospace and defence market through 2028

Posted 17 June 2019

Boeing includes $215 billion Africa forecast in its $8,7 trillion aerospace and Defense market outlook through 2028.

in Business & Finance

Slowing demand and rising costs squeeze airline profits with African airlines showing loss

Posted 4 June 2019

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from $35.5 billion forecast in

in Business & Finance

Boeing reports first-quarter results

Posted 29 April 2019

The Boeing Company reported first-quarter revenue of $22.9 billion, GAAP earnings per share of $3.75 and core earnings per share (non-GAAP) of $3.16, reflecting lower 737 deliveries partially offset by higher defence and services volume.

in Business & Finance

Embraer releases earnings for fourth quarter of 2018

Posted 14 March 2019

During 4Q18, Embraer delivered 33 commercial and 36 executive aircraft (24 light jets and 12 large jets), for a total of 90 commercial and 91 executive aircraft (64 light and 27 large).

in Business & Finance

Dassault Aviation releases its financial report for 2018 and goals for 2019

Posted 5 March 2019

Éric Trappier, chairman and CEO of Dassault Aviation has presented the financial report for 2018 together with the main guidance for 2019.

in Business & Finance / Airports

UKEF to support Tamale Airport development

Posted 28 February 2019

The UK's International Trade Secretary Dr Liam Fox has announced that UK Export Finance (UKEF) will provide £130 million to support three projects in Ghana, including the development of Tamale Airport.

in Business & Finance

IBA asks: what does the future hold for airlines and investors?

Posted 25 February 2019

As Airbus decides to terminate A380 production, IBA asks what the future holds for airlines and investors.

in Business & Finance

Airbus reports strong full-year 2018 results

Posted 18 February 2019

Airbus SE has reported a strong Full-Year 2018 consolidated financial results and delivered on its guidance for all key performance indicators.

in Business & Finance

Boeing reports record 2018 results and provides 2019 guidance

Posted 1 February 2019

The Boeing Company reported fourth-quarter revenue of $28.3 billion, GAAP earnings per share of $5.93 and core earnings per share (non-GAAP) of $5.48, all company records.

in Business & Finance

Embraer releases its preliminary forecast for 2019 and 2020

Posted 16 January 2019

Embraer has released its preliminary forecast for 2019 and 2020 at a meeting with investors at the New York Stock Exchange (NYSE).

in Business & Finance

Embraer and Boeing enter strategic partnership

Posted 14 January 2019

Embraer and Boeing have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets.

in Business & Finance

Airbus achieves new commercial aircraft delivery record in 2018

Posted 10 January 2019

Airbus delivered 800 commercial aircraft to 93 customers in 2018, meeting its full year delivery guidance and setting a new company record. Deliveries were 11 percent higher than the previous record of 718 units, set in

in Business & Finance

Boeing sets new aircraft delivery records

Posted 9 January 2019

Boeing delivered 69 737 aicraft in December and set a new annual record of 806 deliveries in 2018, surpassing its previous record of 763 deliveries in 2017.

in Business & Finance

Ethiopian Airlines and Hibret Bank launch first co-branded debit card

Posted 4 January 2019

Ethiopian Airlines and Hibret Bank have launched the first Co-branded debit card tailored to provide Ethiopian Sheba Miles members with bonus miles for their spending using the debit card.

in Business & Finance

2019 will be a year of crossroads for aviation industry

Posted 3 January 2019

Gediminas Ziemelis, chairman of Avia Solutions Group, explains how and why airlines should be held accountable for passenger compensation when it comes to delays and cancellations.

in Business & Finance

Qatar Airways CEO says the airline ‘never applied to serve as core investor Nigeria Air’

Posted 20 December 2018

Qatar Airways CEO Akbar Al Baker said this week that the airline is not looking to be a core investor in Nigeria Air.

in Business & Finance

IATA: Airlines heading for a decade in the black

Posted 17 December 2018

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revised down from $33.8 billion forecast in

in Business & Finance

USD 1.8 trillion global investment needed for aviation infrastructure modernisation by 2030

Posted 9 December 2018

The required modernisation of aviation infrastructure expansion, development, and modernisation to cater to anticipated increase in passenger and freight air traffic demand will

in Business & Finance

Comair to partner with Maureva for its revenue accounting

Posted 21 November 2018

Maureva has announced that South African carrier Comair has selected EDGAR Passenger Revenue Accounting Solution to support its revenue protection and financial reporting.

in Business & Finance

Fresh impetus for the African Air Transport Professions Institute

Posted 31 October 2018

With its acquisition of a 55% holding, ASAM S.A is joining ASECNA Service SA/AG (35%) and Air France Finance (10%) as owners of IAMA’s capital so that they can develop the African Air Transport Professions Institute

in Business & Finance

Rolls-Royce expands service infrastructure for business aircraft

Posted 16 October 2018

Rolls-Royce has announced that it is further expanding its global network of Authorised Service Centres (ASC) for its CorporateCare customers.

in Business & Finance

SAA on track with turnaround strategy

Posted 27 September 2018

South African Airways (SAA) has issued a statement saying it is on track with its turnaround strategy with quarter one results showing that the company is ahead of the plan in its trading performance.

in Business & Finance

Investec Aviation opens new $500m aircraft leasing equity fund

Posted 25 September 2018

Investec Aviation Finance has launched its fourth aircraft leasing fund to acquire some of the latest generation Airbus and Boeing narrow and widebody aircraft, on lease to a range of international airlines. The team has a

in Business & Finance

US approves the release of $1.2 billion in military aid to Egypt

Posted 12 September 2018

The United States has approved the release of $1.2 billion in military aid to Egypt.

in Business Aviation / Business & Finance

Dassault and Safran settle dispute over 5X engine delay

Posted 6 September 2018

Dassault Aviation has agreed what it described as an “amicable settlement” with Safran putting an end to the dispute concerning the Silvercrest engine planned to equip the Falcon 5X.

in Air Transport / Business & Finance

Zambia Airways relaunches

Posted 22 August 2018

Following signing of a shareholders agreement in Lusaka on Sunday between the Zambian Government and Ethiopian Airlines, Zambia Airways has been relaunched with its inaugural flight set for the beginning of next year.

in Business & Finance

Ethiopian registers record success in 2017/18 fiscal year

Posted 13 August 2018

Ethiopian Airlines has registered record success in the just ended 2017/18 fiscal year. In line with its 15 year strategic roadmap, Vision 2025, the airline registered historical success in financial, commercial,

in Business & Finance

Airbus forecasts $4.6 trillion worldwide market for commercial aircraft services over next 20 years

Posted 17 July 2018

Ambitions to boost value to customers and reach $10bn of services revenues in commercial in the next decade

in Business & Finance

US Advisory Council on doing business in Africa visits Ethiopian Airlines

Posted 26 June 2018

A large delegation of US businesses and officials from across the US government, led by US Under Secretary of Commerce Gilbert Kaplan, has visited Ethiopian Airlines to explore potential business

in Business & Finance

Air Namibia and APG Network in partnership

Posted 6 April 2018

Air Namibia and APG Network have announced a new partnership effective from March 2018.

in Business & Finance

South African Airways issues a statement regarding audit report

Posted 14 March 2018

The board and management of South African Airways has issued a statement to say it is taking urgent steps to address issues raised by the Auditor-General’s office in its 2016-17 audit report, and remains optimistic about

in Business & Finance

African airlines saw January traffic rise 4.9%

Posted 8 March 2018

The International Air Transport Association (IATA) announced global passenger traffic results for January 2018 showing traffic (revenue passenger kilometers or RPKs) rose 4.6% compared to January 2017.

in Business & Finance

House Committee on Banking praises Arik Air management

Posted 26 February 2018

The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has commended the present management of Arik Air for the good work they have done in turning around the fortunes of the

in Business & Finance

Bombardier reports fourth quarter and full year 2017 results

Posted 16 February 2018

Bombardier has released its fourth quarter and full year 2017 results, highlighting solid financial and operational performance across the company.

in Business & Finance

Afriqiyah seeks return of Euro-based A320s

Posted 29 January 2018

Afriqiyah is seeking the return of its two A320-200s currently leased out to Lithuanian ACMI/charter specialist Small Planet Airlines, reports ch-aviation.

in Business & Finance

IATA: Blocked Funds, Connectivity, Infrastructure, and Safety top agenda for Angola

Posted 25 January 2018

The International Air Transport Association (IATA) forecasts a trebling in the size of Angola's air transport market to 7.1 million passengers a year by 2036 at the present forecast annual growth

in Business & Finance

Harare open to all forms of investment in Air Zimbabwe

Posted 25 January 2018

The Zimbabwean government is open to all forms of partnership with Air Zimbabwe and is even prepared to waive a cap on 49% foreign ownership to entice investors to the ailing state-owned carrier, reports ch-aviation.

in Business & Finance

Four start-ups apply for Comorian operating licences

Posted 16 January 2018

Four start-up carriers have applied to the Comorian government for operating licences involving both domestic and international services, ch-aviation.

in Business & Finance

Airbus Commercial Aircraft delivers record performance

Posted 16 January 2018

Airbus’ Commercial Aircraft deliveries in 2017 were up for the 15th year in a row, reaching a new company record of 718 aircraft delivered to 85 customers.

in Business & Finance

Fly Modern Ark eyes 25% stake in Air Zimbabwe

Posted 2 January 2018

Fly Modern Ark has submitted a proposal to the Zimbabwean government in which the South African start-up would equip Air Zimbabwe with Xian Aircraft Company turboprop equipment in return for a 25% stake in the state-owned airline, reports

in Business & Finance

Boeing and Embraer in merger talks

Posted 21 December 2017

Boeing and Embraer have confirmed they are undergoing talks towards a possible merger. The confirmation follows a report that the two companies were in discussion by the Wall Street Journal.

in Business & Finance

160 new aircraft set to be delivered to Africa by 2025

Posted 29 November 2017

To coincide with Africa's first African business aviation conference and exhibition (AfBAC), which runs from 29th November to 1st December in Johannesburg, South Africa, new analysis of industry data by Global Jet Capital, a

in Business & Finance

Swazi central bank freezes Aghalieaku Airways' bank accounts

Posted 27 November 2017

The Central Bank of Swaziland (CBS) has ordered Nedbank Swaziland to freeze the accounts of local carrier Aghalieaku Airways after investigations implicated its owner, Nigerian Chief Benjamin Aghalieaku Arinze, in

in Business & Finance

Kenya Airways Limited advised on financial restructuring

Posted 23 November 2017

Global law firm White & Case has advised Kenya Airways Limited on its US$2 billion financial restructuring.

in Business & Finance

Airbus reports nine-month 2017 results

Posted 1 November 2017

Airbus SE reported nine-month 2017 financial results and confirmed its guidance for the full year.

in Business & Finance

Air Arabia's Egyptian unit disposes of $3.3mn of equity

Posted 23 October 2017

Air Arabia disposed of 590,000 shares to an unspecified party/parties a filing with the Egyptian Stock Exchange (ESX) on October 11, reports ch-aviation.

in Air Transport / Business & Finance

SAA major board shake-up as chair replaced

Posted 19 October 2017

South African Airways is undergoing a major board reshuffle today.

in Business & Finance

Zimbabwe government minister in legal battle over Rainbow Airlines

Posted 18 October 2017

Zimbabwean Minister for Information Communication Technology, Supa Mandiwanzira, has been taken to court by a fellow shareholder of local start-up carrier Rainbow Airlines citing breach of contract, reports

in Business & Finance

Ethiopian Airlines in talks to partner Air Djibouti

Posted 18 October 2017

Ethiopian Airlines has initiated talks with the government of Djibouti over a possible partnership with Air Djibouti, reports ch-aviation.

in Business & Finance

Boeing reports third-quarter deliveries

Posted 10 October 2017

The Boeing has announced deliveries across its commercial and defence operations for the third quarter of 2017.

in Business & Finance

Ethiopian nearing early JV deal for new Zambian carrier

Posted 3 October 2017

Ethiopian Airlines is set to tighten its stranglehold on the Southern African market following comments by CEO Tewolde Gebremariam that a deal with the Zambian government over its Zambia Airways project could be reached in the

in Business & Finance

Air Burkina to be restructured

Posted 19 September 2017

Air Burkina is to be restructured and its fleet expanded, possibly with turboprops, as part of a government initiative to improve its sustainability, reports ch-aviation.

in Business & Finance

Airports Company South Africa profit up 10.8% in FY2017

Posted 18 September 2017

Airports Company South Africa reported revenue growth of 3.4% to R8.6 billion in the year ended 31 March 2017, with profit up 10.8% to R2 billion.

in Business & Finance

Green Africa Airways selects Pentagram as branding partner

Posted 12 September 2017

Green Africa Airways has selected Pentagram as its branding partner that will work with the airline as it lays the foundation for its brand identity.

in Business & Finance

Comair shows strong profit growth in tough trading conditions

Posted 12 September 2017

Comair Limited has issued its annual financial results, reporting a 54% increase in profits to R297 million and a 28% increase in cash generated by its operations.

in Business & Finance

SAA to cut fleet by almost 20% in latest restructuring plan

Posted 11 September 2017

South African Airways will cut capacity at its mainline operation as part of an overall downsizing of the carrier's network, reports ch-aviation.

in Business & Finance

Syphax Airlines denies AOC reapplication rejected

Posted 4 September 2017

Tunisia's Syphax Airlines has denied reports in the Tunisian media claiming its application to the North Africa state's civil aviation regulator seeking the reinstatement of its AOC had been flat out rejected, reports ch-aviation.

in Business & Finance

Air Daytona Tourist Airlines seeks investment

Posted 4 September 2017

Botswana's Air Daytona Tourist Airlines founder and sole shareholder, Moses Botipeng, has confirmed the prospective scheduled passenger carrier is in the process of beginning its certification drive with the Botswana Ministry of

in Business & Finance

Ethiopian Airlines confirms interest in Arik Air

Posted 4 September 2017

Ethiopian Airlines has confirmed that it is in talks to manage Nigeria's Arik Air, reports ch-aviation.

in Business & Finance

Air Madagascar and Air Austral to ink final deal in 4Q17

Posted 7 August 2017

Air Madagascar and Air Austral have confirmed the signing of their firm strategic partnership agreement has been delayed until late October at the earliest pending the resolution of several issues including the settlement of

in Business & Finance

Government of Burundi plans merger of Air Burundi and SOBUGEA

Posted 7 August 2017

The government of Burundi is planning to resuscitate moribund national carrier Air Burundi by merging it with fellow parastatal, the profitable ground-handling firm SOBUGEA (Société Burundaise de

in Business & Finance

Air transport infrastructure and connectivity to key to boosting Nigeria's economy

Posted 7 August 2017

The International Air Transport Association (IATA) says more jobs could be created and additional economic growth achieved in Nigeria if the West African nation used the transformative power of

in Business & Finance

African airlines' traffic soared 9.9% in June

Posted 7 August 2017

The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period.

in Business & Finance

Embraer releases second quarter 2017 results

Posted 28 July 2017

In 2Q17, Embraer delivered 35 commercial and 24 executive (16 light and 8 large) jets, compared to the 26 commercial and 26 executive (23 light and 3 large) jet deliveries in 2Q16.

in Business & Finance

Boeing reports strong second-quarter results

Posted 26 July 2017

The Boeing Company has reported strong earnings and operating cash flow in the second quarter of 2017, driven by improved operating performance.

in Business & Finance

Syphax Airlines gains reorganisation plan approval

Posted 20 July 2017

Syphax Airlines is on track for its planned 4Q17 relaunch after the Court of Sfax approved airline's reorganisation plan, reports ch-aviation.

in Business & Finance

Comoros set to offer foreign carriers cabotage rights

Posted 18 July 2017

The government of the Comoros is planning to open up the Indian Ocean archipelago's domestic market to foreign operators, reports ch-aviation.

in Business & Finance

Air Zimbabwe slashes workforce by half

Posted 17 July 2017

Air Zimbabwe has announced that it has retrenched 200 of its 424 staff as it struggles to keep the airline in business. This is the fourth round of retrenchments in eight years, reports ch-aviation.

in Business & Finance

Emirates terminates TAAG Angola management contract

Posted 11 July 2017

Emirates has terminated, effective immediately, a ten-year Management Concession Agreement with TAAG Angola Airlines, reports ch-aviation.

in Business & Finance

Fastjet to acquire branding rights from EasyGroup

Posted 10 July 2017

Fastjet plc the London-listed co-parent of Fastjet Zimbabwe and Fastjet, has announced plans to acquire the rights to the Fastjet brand from EasyGroup Holdings for USD2.5 million, reports ch-aviation.

in Business & Finance

Boeing reports second-quarter deliveries

Posted 10 July 2017

The Boeing Company has announced deliveries across its commercial and defence operations for the second quarter of 2017.

in Business & Finance

Boeing raises forecast for new aircraft demand

Posted 22 June 2017

Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued at $6.1 trillion dollars.

in Business & Finance

Air transport supports 490,000 jobs and contributes US$12bn in GDP for South Africa

Posted 21 June 2017

The International Air Transport Association (IATA) has released new data showing that the air transport sector in South Africa provides immense value to the people and economy of the country

in Business & Finance

Air transport supports 620,000 jobs, contributes US$3.2bn in GDP for Kenya

Posted 20 June 2017

The International Air Transport Association (IATA) has released new data showing that the air transport sector in Kenya supports some 620,000 jobs including tourism-related employment, while

in Business & Finance

Eq. Guinea seeks to resolve crisis blocking CEIBA's Euro ops

Posted 20 June 2017

The President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, dispatched his Minister for Foreign Affairs, Agapito Mba Mokuy, to Spain last week to resolve legal obstacles affecting CEIBA Intercontinental and its

in Business & Finance

ATR creates an integrated Leasing, Asset Management and Freighter department

Posted 7 June 2017

ATR has created a new Leasing, Asset Management & Freighter department which has thepriorities of managing sales to the leasing community and facilitating the placement of new or used ATR aircraft by

in Air Transport / Business & Finance

Fastjet's losses deepen as LCC continues stabilisation plan

Posted 31 May 2017

African low cost carrier Fastjet has seen losses almost double in what CEO Nico Bezuidenhout described as “a challenging year”.

in Business & Finance

Mahogany Air secures funding to resume operations

Posted 10 May 2017

Zambia's Mahogany Air has again outlined plans to resume commercial passenger operations, nearly three years after they were first suspended, reports ch-aviation.

in Business & Finance

Arik Air gets $4.7 million injection from AMCON

Posted 10 May 2017

Arik Air has received an injection of NGN1.5 billion (USD4.7 million) from the Asset Management Corporation of Nigeria (AMCON) since being taken over by the state-owned body, reports ch-aviation.

in Business & Finance

SAA secures a final court order against cabin crew strike

Posted 4 May 2017

South African Airways (SAA) successfully argued at the Labour Court to have an interim order granted on the 26th April 2017 confirmed as a final order against the South African Cabin Crew Association (SACCA) and its members.

in Business & Finance

Boeing reports first-quarter results

Posted 27 April 2017

The Boeing Company reported higher first-quarter earnings and operating cash flow compared to the previous year, driven by solid execution on production programmes and services.

in Business & Finance

US government concealing details of sale of Air Tractor bombers to Kenya

Posted 18 April 2017

US Congressman Ted Budd has accused the government of 'stone-walling' and refusing to release details about the planned sale to Kenya of 14 Air Tractor crop duster aircraft that will be armed and deployed

in Business & Finance

Airlines demand hard cash for Zimbabwe ticket sales

Posted 18 April 2017

At least five global airlines including Qantas, Lufthansa, KLM Royal Dutch Airlines, Air France, and Delta Air Lines have instructed travel agents in Zimbabwe to only accept hard currency in the form of cash when selling tickets to

in Business & Finance

Air Burkina back in hands of Burkinabe government; seeks partner

Posted 12 April 2017

The Aga Khan Fund for Economic Development (AKFED) has divested itself of its 51% stake in Air Burkina selling it to the Burkinabe government, reports ch-aviation.

in Business & Finance

Arik Air board takes legal action over AMCON takeover

Posted 4 April 2017

An objection has been filed in the Federal High Court in Lagos about the take over of Arik Air by the state-owned Asset Management Corporation of Nigeria (AMCON), reports ch-aviation.

in Business & Finance

Air Botswana seeks to settle $500k CAAB fee dispute

Posted 4 April 2017

Air Botswana is looking to settle a dispute with the Civil Aviation Authority of Botswana (CAAB) over what it claims are excessive charges for landing fees and passenger service levies, reports ch-aviation.

in Business & Finance

Ghana to review 5th Freedom traffic right allocations

Posted 20 March 2017

The Ghanaian government has plans to review the allocation of the 5th Freedom traffic rights granted to foreign carriers, reports ch-aviation.

in Business & Finance

Air Zimbabwe to cut senior staff in restructuring drive

Posted 20 March 2017

The Chief Executive of Air Zimbabwe has spoken before a parliamentary committee, outlining a restructuring plan, which will see the loss of top management positions, reports ch-aviation.

in Business & Finance

Arik Air denies it will retrench 1,500 staff

Posted 13 March 2017

Arik Air, which is currently under the management of the state-owned Asset Management Corporation of Nigeria (AMCON), may be about to lay off 1,500 staff, reports ch-aviation.

in Business & Finance

TAAG Angola Airlines sees improved financial results under Emirates management team

Posted 10 March 2017

TAAG Angola Airlines has announced a dramatically better result for 2016 over 2015.

in Business & Finance

InAvia submits Expression of Interest for Air Botswana

Posted 10 March 2017

German independent aviation consultancy InAvia Aviation Consultants has submitted an Expression of Interest for Air Botswana.

in Business & Finance

AJW expand headquarters after rising demand

Posted 3 March 2017

AJW Group, that has offices in Africa, has announced the expansion of its 375,000 square feet global headquarters in response to rising demand.

in Business & Finance

Arik Air investment offer rejected by Ethiopian Airlines

Posted 28 February 2017

Ethiopian Airlines has reportedly rejected an offer from the state-owned Asset Management Corporation of Nigeria (AMCON) to take over management of struggling Arik Air, reports ch-aviation.

in Business & Finance

CEO of Kenya's Baracuda Airways arrested for fraud

Posted 28 February 2017

The Chief Executive Officer of Kenyan start-up Baracuda Airways has been arrested on allegations of fraud, reports ch-aviation.

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Other News

Embraer delivers 26 commercial and 25 executive jets in 2Q19

Embraer delivered a total of 51 jets in the second quarter of 2019 (2Q19), of which 26 were commercial aircraft and 25 were executive jets (19 light and 6 large).

Embraer releases second quarter results

Embraer delivered 26 commercial and 25 executive (19 light and 6 large) jets during 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in 2Q18.

Denel fraud investigations reach advanced stages

South African based Denel has initiated several forensic investigations into alleged fraud and misappropriation of funds conducted by its previous management, and this will soon result in legal actions to recover losses.

Airbus releases financial results for half-year 2019

Airbus has reported half-year (H1) 2019 consolidated financial results and maintained its guidance for the full-year.

French Minister of economy and finance visits Ethiopian Airlines

A French delegation led by French Minister of economy and finance, Bruno Le Maire, visited Ethiopian Airlines this week.

AfDB banks on more regional integration

For several years the African Development Bank (AfDB) has been supporting commercial aviation in Africa and the organisation’s chief aviation officer, Romain Ekoto, has been explaining about current projects and his vision for the

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