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Airlines
Alitalia’s successor ITA to increase capital by €700 million

Alitalia’s successor ITA to increase capital by €700 million

Italia Transporto Aereo (ITA) received shareholders’ approval to increase its capital by €700 million.  ...

Aviation Economics & Finance
Alitalia bid reaches deadline: who’s left in the game?

Alitalia bid reaches deadline: who’s left in the game?

British budget airline EasyJet has renewed its interest in acquiring parts of loss-making Alitalia as the Italian government resumes attempts to sell the bankrupt flag carrier following the already once-extended deadline.  ...

AeroTime Extra
Ethiopian Airlines raises the bar for African, Gulf competitors

Ethiopian Airlines raises the bar for African, Gulf competitors

Ethiopian Airlines announced on August 9, 2018, it has registered record success in the 2017/2018 fiscal year that ended last month. ...

Civil Aviation
Russia’s Aeroflot risks flight-ban due to new U.S. sanctions

Russia’s Aeroflot risks flight-ban due to new U.S. sanctions

Russia’s largest carrier, Aeroflot, may be facing flight restrictions to the U.S. if the government does not comply with the Washington’s demands....

Civil Aviation
Nigeria considers establishing national airline for the 3rd time

Nigeria considers establishing national airline for the 3rd time

Nigeria’s President Muhammadu Buhari admitted he is under “tremendous” pressure to establish a national airline due to both patriotic and economic reasons....