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Egypt has approved a financing request of EGP 3 billion (about $191 million) by national carrier EgyptAir to be used to pay external debt, reports say. The Central Bank of Egypt will release the funds in form of loan, state-run Read more
Qatar’s national carrier, Qatar Airway, Wednesday it will not acquire new aircrafts this and next and has informed Airbus and Boeing to defer the delivery as result of fallout from covid-19, reports say. The airline’s Chief Executive Akbar al-Baker in Read more
The International Air Transport Association (IATA) has forecast $3.1bn-loss for Algerian aviation industry as the result of all of grounding of all commercial passenger jets owing to covid-19 pandemic, reports say. The trade association of world’s airlines in a report Read more
The Chief Executive of Qatar Airways, Akbar Al Baker, has stressed that Qatar will not succumb to the demands of US airlines for concessions to the ‘Open Skies’ agreement. Airlines in the US have been pushing for the agreements with Read more