in Business & Finance 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 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 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 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 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 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 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 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 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 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 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 Posted 25 February 2019
As Airbus decides to terminate A380 production, IBA asks what the future holds for airlines and investors.
in Business & Finance 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 Posted 6 April 2018
Air Namibia and APG Network have announced a new partnership effective from March 2018.
in Business & Finance 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 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 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 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 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 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 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 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 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 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 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 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 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 Posted 23 November 2017
Global law firm White & Case has advised Kenya Airways Limited on its US$2 billion financial restructuring.
in Business & Finance Posted 1 November 2017
Airbus SE reported nine-month 2017 financial results and confirmed its guidance for the full year.
in Business & Finance 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 Posted 19 October 2017
South African Airways is undergoing a major board reshuffle today.
in Business & Finance 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 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 Posted 10 October 2017
The Boeing has announced deliveries across its commercial and defence operations for the third quarter of 2017.
in Business & Finance 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 Posted 10 March 2017
TAAG Angola Airlines has announced a dramatically better result for 2016 over 2015.
in Business & Finance Posted 10 March 2017
German independent aviation consultancy InAvia Aviation Consultants has submitted an Expression of Interest for Air Botswana.
in Business & Finance 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 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 Posted 28 February 2017
The Chief Executive Officer of Kenyan start-up Baracuda Airways has been arrested on allegations of fraud, reports ch-aviation.
IATA's WFS to focus on sustainable future
MEBAA Show Morocco gearing up for September event
