Tag Archives: airlines

    Geneva, Switzerland | THE INDEPENDENT | The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017. Strong demand, efficiency and reduced interest payments will help airlines improve net profitability in …

Dubai, United Arab Emirates | AFP | Emirates Airlines on Sunday agreed to purchase 40 Boeing 787-10 Dreamliners for $15.1 billion at list price, its chief Sheikh Ahmed bin Saeed Al-Maktoum said. Emirates is already the world’s largest client for Boeing’s 777, with 165 jets and another 164 on firm …

New York, United States | AFP | Airlines will need 637,000 new pilots over the next 20 years to keep pace with the growth of global air traffic, Boeing reported Tuesday in an annual report on the subject. Its latest estimate of the pilot requirements is up 3.6 percent from last …

Chicago, United States | AFP | The chief executive of embattled United Airlines unequivocally apologized Tuesday for an incident in which a passenger was dragged off a plane, and promised a thorough review of the airline’s practices. The apology came after a torrent of criticism of the carrier’s action on …

NAIROBI (PSCU) – Direct flights between Mogadishu and Nairobi resumed Wednesday with the first commercial plane carrying 49 passengers from the Somali capital landing at Jomo Kenyatta International Airport (JKIA) shortly after 1.00 p.m. The re-launch of direct flights between Nairobi and Mogadishu was agreed upon at bilateral talks between …

VIDEO: The country’s proposed new national carrier will not be called Uganda Airlines.  As the country finalizes plans to revive the national carrier, it now emerges that government will have to get another brand name under which to operate.It has now emerged that the brand name that was owned by the …

  Geneva, Switzerland | AFP |  The aviation industry is set to post record net earnings this year and is expected to remain profitable in 2017, despite rising oil prices and global political turbulence, its trade association said Thursday. “Airlines continue to deliver strong results. This year we expect a …

ATC News by Wolfgang H. Thome Etihad Airways, the national airline of the United Arab Emirates, has marked its first year of operations in Tanzania, as it continues to support the growing two-way flow of business and leisure travellers flying between Dar es Salaam and the UAE capital, Abu Dhabi. Over …

Tanzanian based -lowcost carrier Fastjet has announced plans to cut flights in East Africa starting this month as part of a route rationalisation exercise meant to match frequencies and customer demand. Fastjet, which launched direct flights between Dar es Salaam and Entebbe International Airport in 2014, says “rationalisation” of its …

New York, United States | AFP | Billionaire investor Warren Buffett has taken stakes in three large US airlines, in a $1.3 billion bet that marks a sharp U-turn of his antagonistic views on the sector. Buffett’s Berkshire Hathaway Inc. invested $797 million in American Airlines, $249 million in Delta …