The African Union and the African Export-Import Bank have created a platform to help airlines move funds between African countries in their local currency.
Ethiopian Airlines is preparing to send two Boeing 737 MAXs to the Democratic Republic of Congo for a new joint venture airline slated to launch in December.
State-owned Congo Airways has resumed operations with a wet-leased KlasJet Boeing 737-800, after all its aircraft were grounded due to maintenance issues.
Ethiopian Airlines is ready to place an order for a “double-digit” number of Embraer E2s or Airbus A220s, but not until the types’ engine issues are resolved.
CEO Jeffrey Goh hopes advancements in data analytics and AI can give Gulf Air better clarity over the reliability and availability of engines in service.
Spirit Airlines' sale to JetBlue was blocked on the premise of preserving competition but it should have been obvious that Spirit, in serious financial trouble, was no longer able to compete effectively in the U.S. market.
Two significant members of the North American airline community have had the opportunity to gain some experience in how to deal with activist investors lately.
The African Airlines Association has launched a project with the African Development Bank, which aims to help African airlines gain access to financing.