Airbus reports solid results for 2022

Europe-based worldwide significant aerospace and defence group Airbus released its full year results for 2022 on Thursday. It reported overall revenues of EUR58.763-billion for the year. This was a 13% increase over the figure for 2021. Incomes prior to interest and...

IATA and Somalia sign aviation cooperation agreement

The International Air Transport Association (IATA), which is the representative body of the global airline industry, and the government of the Federal Republic of Somalia signed a cooperation agreement on Monday. This would serve to formalise and deepen their...