State owned Uganda Air Cargo Corporation (UACC), is seeking to acquire an A330F and a mid-life 777 as part of a US$266 million resuscitation plan that will also see the purchase of 737 Combi and a 737-800 in the near term. The funds will be spent over five financial...
On Friday morning, the shareholders of Avianca and Viva Colombia approved the acquisition of the ultra-low-cost carrier by Avianca. The approval will shake up the Colombian market; both carriers hold 50% of the domestic and international share. Avianca and Viva...
Capital A, previously known as AirAsia Group Berhad, will likely spin-off its AirAsia airline business as a separate unit on the Malaysian stock exchange, once market conditions improve. It is also likely that AirAsia will establish another airline within the South...
Despite a €57 million second-quarter operating profit, results of Wizz Air remain under pressure. The ultra-low-cost airline expects current market conditions with low fares and yields to result in a third-quarter loss of around €200 million that will most likely...
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