AviationFeaturedMidEast and APAC aviation sector to lose $36.4 bn in revenuePritam BordoloiMay 5, 2020 by Pritam BordoloiMay 5, 2020 The estimated losses are 10% higher than previously forecasted, according to Airports Council International (ACI)... Read more
AviationFeaturedNew carrier to replace struggling South African AirwaysPritam BordoloiMay 4, 2020 by Pritam BordoloiMay 4, 2020 The new carrier will have a mix of government as well as public ownership... Read more
AviationFeaturedThai Airways seeks $1.8 bn loan to deal with coronavirus crisisPritam BordoloiMay 1, 2020 by Pritam BordoloiMay 1, 2020 The carrier plans to raise 77.04 bn baht in capital by issuing new shares later this year... Read more
AviationFeaturedIATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020Pritam BordoloiApril 29, 2020 by Pritam BordoloiApril 29, 2020 Oman's aviation industry could see 4.3 million fewer passengers in 2020... Read more
AviationFeaturedEthiopian Airlines launches cargo services to Hyderabad, IndiaPritam BordoloiApril 27, 2020 by Pritam BordoloiApril 27, 2020 Ethiopian Airlines will be operating Boeing 777-300 aircraft with a capacity of 50 metric tons per flight... Read more
AviationFeaturedCovid-19 could result in 400,000 jobs losses in UAE’s aviation industryInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations... Read more
AviationFeaturedThai Airways awaits bailout package; nearing bankruptcyInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The carrier has requested for a ฿70 billion bailout package from the Thai government... Read more
AviationFeaturedGoAir urges employees to go on indefinite leave without payInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 GoAir will continue to pay a small section of employees on payroll to resume operations after the lockdown is lifted... Read more
AviationFeaturedSouth African Airways on the verge of collapsingInternational Finance Business DeskApril 20, 2020 by International Finance Business DeskApril 20, 2020 The carrier plans to lay-off its 4700 employees... Read more
AviationFeaturedAir Arabia announces repatriation flights to Africa and beyondInternational Finance Business DeskApril 16, 2020 by International Finance Business DeskApril 16, 2020 The carrier will fly passenger as well as cargo flights to Afghanistan, Iran, Oman, Kuwait, Bahrain, Sudan, Egypt, India and Nepal... Read more