UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK 20 billion in debt and bonds into common shares as part of its FORWARD transformation plan. The capital raise was announced on May 30 during an update of the plan and...
The government of Quebec seems willing to invest another $200 million in Airbus Canada Limited Partnership (SCAC) to support the future of the Airbus A220 program. Although not officially confirmed, Canadian media Le Journal de Montreal and La Presse report that the...
Africa’s most profitable airline, Ethiopia Airlines has taken positive steps to promote travel and air service connectivity throughout the pandemic. This includes accepting vaccinated travelers without restrictions, managing the cost of PCR testing to ensure it is...
With the ravaging effects of COVID-19 on global aviation, partners, and aviation experts in Africa have underscored the importance of leveraging the benefits of airline consolidation to drive air transport sustainability in Africa. They noted that closer cooperation...
Five years after exiting the lucrative Houston-Lagos route, United Airlines has set plans to operate the first-ever nonstop flight between Washington, D.C., and Lagos and offer more flights between D.C. and Africa than any other US carrier. The airline announced today...
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