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Capital investment

Capital investment

Delhi’s new Terminal 3 means the gateway is prepared to welcome new airlines and increased frequencies alike, CEO, I Prabhakara Rao, tells Shayan Mallick.
Cathay and Qatar sign expanded codeshare agreement

Cathay and Qatar sign expanded codeshare agreement

Cathay Pacific and Qatar Airways claim that their new codeshare initiative offers passengers “greater flexibility and a wider choice” of flights. 
South African low-cost carrier gets operating licence

South African low-cost carrier gets operating licence

South Africa’s FlySafair has received its domestic scheduled licence, which its rivals attempted to block last October.
Loganair introduces Saab 2000s on Shetland service

Loganair introduces Saab 2000s on Shetland service

Loganair is to boost traffic with the introduction of three capacity-enhancing Saab 2000s, the first of which was introduced on its Aberdeen-Sumburgh route this week.
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Malawian Airlines ready to launch

News Friday, 12 July 2013 16:12 Written by 

Malawi and Ethiopian Airlines have signed an agreement to get a new carrier flying after the collapse of the national carrier, Air Malawi.

Ethiopian Airlines will have a 49% stake in the new airline, with the government making 31% available to Malawian investors and holding the remaining 20%, according to media reports.

 

Air Malawi halted its flights in February after entering voluntary liquidation last year.

 

The carrier flew to Dar es Salaam, Harare, Johannesburg OR Tambo, Lilongwe and Lusaka from a main base at Chileka International Airport (BLZ) at Blantyre.

 

In February, Ethiopian Airlines was declared the "preferred bidder" by Malawi’s Private Public Partnership Commission (PPPC) as a strategic equity partner for a restructured national airline.

 

At a press conference to announce the deal with Ethiopian Airlines, Jimmy Lipunga, CEO of the PPPC, reportedly said the government would invest $20m into the company.

 

Air Malawi’s fleet - a B737-300, a B737-500 and an ATR 42-300 - is now on the market to help clear the company debts, according to media reports.

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Emirates has just announced new service to Chicago - its ninth US gateway. Do you think the carrier will announce more US routes during 2014?
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