AviationFeatured72 airlines cut capacity by 100% amid Coronavirus outbreakInternational Finance Business DeskMarch 25, 2020 by International Finance Business DeskMarch 25, 2020 85% of the global airlines have made capacity cuts of 60% or more as Covid-19 spreads... Read more
AviationFeaturedKenya Airways to ground 90 percent of its fleet following Coronavirus threatInternational Finance Business DeskMarch 24, 2020 by International Finance Business DeskMarch 24, 2020 Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order... Read more
AviationFeaturedIATA: African airlines lost $4.4 bn in revenue due to Covid-19 pandemicPritam BordoloiMarch 20, 2020March 20, 2020 by Pritam BordoloiMarch 20, 2020March 20, 2020 Flights between China and Africa increased by 630% in the last decade, however all flights to China are now suspended... Read more
AviationFeaturedSouth African Airways cancels 162 flights till March endPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The carrier cancelled 38 international flights and 124 domestic flights... Read more
AviationFeaturedIATA: Airlines need $250 bn bailout package to survive Covid-19 outbreakPritam BordoloiMarch 18, 2020March 19, 2020 by Pritam BordoloiMarch 18, 2020March 19, 2020 Global air travel down by 94 percent... Read more
AviationcoverstoryMagazineWho will bring the world to Africa?Bharath KumarMarch 18, 2020April 2, 2020 by Bharath KumarMarch 18, 2020April 2, 2020 With South African Airways collapsing into bankruptcy, the fight for dominance among African airlines has one clear winner – Ethiopian Airlines... Read more
AviationFeaturedEmirates suspends flights to 30 destinations amid Covid-19 pandemicPritam BordoloiMarch 17, 2020 by Pritam BordoloiMarch 17, 2020 The carrier will stop flying to Turkey, Jordan, Lebanon, Iraq, Cyprus, Malta and Portugal... Read more
BankingFeaturedGulf central banks cut rates to tackle slowdown caused by Covid-19Pritam BordoloiMarch 17, 2020March 18, 2020 by Pritam BordoloiMarch 17, 2020March 18, 2020 The Fed recently slashed its interest rates to nearly zero... Read more
AviationFeaturedEtihad to transfer all its Beijing flights to Daxing International Airport in JuneBharath KumarMarch 12, 2020March 18, 2020 by Bharath KumarMarch 12, 2020March 18, 2020 Flights to and from Abu Dhabi and Beijing, and flights to and from Beijing to Nagoya will be moved to Beijing's iconic airport in June... Read more
AviationFeaturedEtihad Airways to fly its Boeing 987-9 Dreamliner jet to ViennaPritam BordoloiMarch 10, 2020March 10, 2020 by Pritam BordoloiMarch 10, 2020March 10, 2020 Etihad will fly daily to Vienna in Austria from December 1, 2020... Read more