Ethiopian Airlines has financed a new Airbus A350 via a Japanese operating lease with call option (JOLCO).
The deal closed on 18 May. French bank Credit Agricole says it acted as overall arranger and facility agent.
BRED Banque Populaire and PK AirFinance were co-lenders with Credit Agricole.
PK AirFinance is acting as security trustee.
Source: Cirium Dashboard
Our annual World Air Forces directory – published in association with Embraer – details the military aircraft fleets of 161 nations, and analyses the main events of the last 12 months.
South African Airways has disclosed its full-year results for the fiscal year to March 2023, claiming a net profit of R252 million ($14 million). The carrier’s management board unveiled the performance during its annual general meeting in Johannesburg on 20 November. SAA emerged from business rescue in September 2021. But ...
Investigators are probing an in-flight oscillation at cruise altitude which affected a South African Airways Airbus A330-300 operating a domestic service. The aircraft – flying from Cape Town to Johannesburg on 27 October – had been cruising at 41,000ft when it started to oscillate in pitch, between nose-up and nose-down. ...
