Aviation

January 18, 2018

1

Mark Whitehead steps down as chief executive of Hactl

January 18, 2018: Air cargo terminal operator has announced that Mark Whitehead, chief executive of Hong Kong Air Cargo Terminals Limited (Hactl) will retire on March 7 this year after nearly 8 years at the helm. Wilson Kwong will be taking over as the new head from Whitehead.

Kwong is currently the chief executive of Jardine Engineering"...

Continue Reading >

January 17, 2018

2

Ethiopian Airlines to re-launch Zambia’s national carrier

Ethiopian Airlines says it has finalized an agreement with Zambia to re-launch the southern African country’s national carrier.

The partnership with Zambia comes as Ethiopian Airlines is opening new routes and hubs and is acquiring new aircraft.

In a statement Tuesday, the airline said it will have a 45 percent stake in the Zambian carrier and it aims to make the"...

Continue Reading >

January 13, 2018

3

GE Capital Aviation Services to lease Ethiopian Airlines the first two Boeing freighters from Aeronautical Engineers Inc

Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, has committed to lease the first two Boeing 737-800 freighters converted by Aeronautical Engineers, Inc. (AEI) from GECAS, with the first delivery expected in June of 2018, followed by a second in January of 2019.

“We are excited to take delivery of these first-ever AEI-converted 737-800SFs,” explained Tewolde Gebremariam, Ethiopian Airlines Group CEO,"...

Continue Reading >

January 11, 2018

4

South African Airways enters into codeshare agreement with TAAG Angola Airlines

January 11, 2018. South African Airways (SAA) has announced a codeshare agreement with TAAG Angola Airlines. The agreement will come into force from January 11, 2018. SAA will codeshare with TAAG on their direct services between Johannesburg and Luanda; and between Cape Town and Luanda.

In return, TAAG Angola Airlines will codeshare with SAA on its direct services between Johannesburg and Luanda and will include Johannesburg and Harare, Johannesburg"...

Continue Reading >

January 6, 2018

5

Chorus Aviation delivers two new Bombardier Q400 aircraft to Ethiopian Airlines

Chorus Aviation Inc. has announced that a subsidiary of Chorus Aviation Capital completed the delivery of two new Bombardier Q400 aircraft placed on long-term lease to Ethiopian Airlines Group. This transaction was previously announced on November 29, 2017.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ."...

Continue Reading >

January 4, 2018

6

Why Aviation Insurance Premium Is High In Africa

Mr. Esayas WoldeMariam, the Managing Director, Ethiopia Airlines International Operations, has explained why African airlines pay higher insurance premium than their counterparts in other parts of the world, especially Europe, the Americas and Asia.

WoldeMariam attributed the high insurance premium to the low capacity of most airlines in the region and the inability to build a high standard of safety among the operators in the region.

“Insurance"...

Continue Reading >

January 3, 2018

7

Why foreign operators control over 80% of African air travel market’

How will you describe your experience in Nigeria and operations of Ethiopian Airlines (ET)?
First, let me say that Nigeria has the largest population in Africa and you could see the vibrancy in the population and in the aviation sector. It is also the largest aviation market on the continent of Africa. The people I met are very friendly and knowledgeable. Even those that have not gone to school; the market women, are very interesting. When I lived there, the nick-name the market women at Bar Beach gave me is Baba Ijebu."...

Continue Reading >

January 3, 2018

8

Aviation safety in Africa continues to improve - Iata

Aviation safety in Africa continued to improve over the past five years, according to Gilberto López Meyer, senior vice president, safety and flight operations (SFO) at the International Air Transport Association (Iata).

He emphasised in a report that commercial air travel is the safest form of long distance transportation that has ever existed.

Iata research has"...

Continue Reading >

January 3, 2018

9

Air Algerie Evaluating Order For About 35 Aircraft

Air Algerie has begun planning the next phase of its fleet development, with initial studies finding a requirement for 35 “mostly narrow-body” planes by 2025.

About 15 of the aircraft will be used for net expansion of the fleet, while the other 20 will replace ageing models.

“We are working on a plan of development maybe until 2025,” Air Algerie"...

Continue Reading >

January 2, 2018

10

Location selection for new international airport to be known by end of Ethiopian year

The final location for a new international airport outside of Addis Ababa is expected to be selected by the end of the current Ethiopian year. According to Ethiopian Group CEO Tewolde Gebre Mariam, the officials selected a location from six possible sites on the road to Adama Town.

“Airport development takes a long time; finding the right location and then accommodating residents in that specific area, we want all this done professionally,"...

Continue Reading >


Forex News Headline



Forex Market Video