Ethiopian Airlines has taken a significant step in expanding Ethiopia’s aviation infrastructure, signing a $1.2 billion memorandum of understanding (MOU) with the African Development Bank to collaborate on the development of the $7.8 billion Bishoftu International Airport project.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has announced an ambitious plan to transform the Kingdom’s aviation sector through $100 billion in investment opportunities. This transformative initiative is set to position Saudi Arabia as a global aviation hub and a key player in the international market.
Spring Airlines (China) has officially commenced operations at its new hangar facility in Yangzhou, marking a significant milestone in the airline’s maintenance and operations capabilities. This state-of-the-art facility is designed to handle overhauls for over 200 aircraft annually and represents a substantial investment of US$81.8 million.
Hungary Airlines has obtained its Air Operator Certificate (AOC), paving the way for A330-200F operations on behalf of the Hungarian government. The aircraft, identified by serial number 1578, will primarily serve routes between Europe and China, facilitating enhanced cargo connectivity and trade.
Copenhagen Airport (Denmark) is now majority owned by the Danish State, following the acquisition of a controlling stake from ATP (Denmark) for $4.52 billion. This significant transaction positions the Danish State as the primary shareholder in one of Scandinavia’s busiest airports.
In a significant move to boost its aviation industry, Nigeria has entered into a Public Private Partnership (PPP) with an undisclosed private firm to establish a Maintenance, Repair, and Overhaul (MRO) facility for aircraft. This development marks an important step for Nigeria’s aviation sector, providing local access to advanced maintenance services and reducing dependency on foreign MRO providers. The new facility…
