United Nigeria Airlines plans N20bn fundraising
October 22, 2026
United Nigeria Airlines plans to raise N20 billion (about US$12.8 million) by issuing short-term debt to investors, marking what it says will be the first commercial paper issue by a Nigerian domestic airline. The funds will be raised in two tranches, due for repayment after 270 and 364 days.
The airline says it operates 10 aircraft and plans to add six more by year-end. The fundraising could support its operations and expansion, but it also adds a debt repayment obligation. No immediate changes to passenger fares or services have been announced.
Lufthansa Group announces its largest network expansion since 2020
October 22, 2026
Lufthansa Group plans 10 new long-haul routes for summer 2027, alongside more frequent services across its airlines and hubs. New routes include Frankfurt–Columbus, Munich–Phoenix, Frankfurt–Edmonton and Rome–Caracas, while Lufthansa will also add Tokyo Narita and seasonal Nagoya services from Frankfurt. Group airlines will expand services to destinations including Cape Town, Rio de Janeiro, Hyderabad, Chennai and Windhoek.
Air Europa carries over eight million passengers during the summer season
October 21, 2026
Air Europa carried more than eight million passengers over the summer, up 4.3% year on year, with its schedule offering over nine million seats. Domestic traffic grew by more than 14%, European traffic by 5.6% and long-haul traffic by nearly 3.8%. African passenger numbers rose almost 41%, supported by the new Madrid–Johannesburg route and increased services to other destinations.