Global aviation

Boeing favoured in WTO ruling against EU
Global aviation

Boeing favoured in WTO ruling against EU

The Office of the U.S. Trade Representative (USTR) achieved a significant victory today in its long-running dispute with the European Union over aerospace subsidies. The WTO Appellate Body announced a reversal of last November’s prohibited subsidy ruling against a tax incentive for the production of the Boeing 777X in Washington state. […]

Why Ethiopian Airlines wants to take over Airk Air
Global aviation

Why Ethiopian Airlines wants to take over Airk Air

Ethiopian Airlines is discussing with the Nigerian government to take over carrier Arik Air, to further expand their presence in the African region. The Director of International Service at the Ethiopian Airlines Group, Mr Esayas Weldemariam, confirmed that they were expanding their presence in West Africa, Allafrica reports. “Following the […]

delay
Global aviation

Sabre posts USD6.5 million loss for Q2

Flight booking software major, Sabre said it reduced its net loss attributable to common stockholders declined 109.0% to $6.5 million. Sabre said its diluted net loss attributable to common stockholders per share (EPS) declined 108.0% to $0.02 primarily due to a non-cash impairment. On the positive side of the result, […]