Eastern Airways Administration Update: Fleet Sold and AOC to be Revoked
July 02, 2026
Eastern Airways, the UK regional carrier, ceased flight operations on 27 October 2025 and entered administration on 6 November 2025 following prolonged financial pressures, including the loss of a significant ACMI contract with KLM Cityhopper. Since entering administration, efforts to sell the business as a going concern have been unsuccessful, with an exclusivity agreement with a prospective buyer collapsing in January 2026. The administrators have instead focused on maximising returns for creditors through the disposal of the airline's assets. The carrier's fleet of nine British Aerospace Jetstream 41 aircraft has been sold to an undisclosed buyer under a staged payment arrangement, while spare engines, vehicles and inventory have also been liquidated. In addition, the airline's London Gatwick slots have been surrendered, its Air Operator Certificate is no longer being marketed and is expected to be revoked by the UK Civil Aviation Authority, effectively confirming that Eastern Airways will not resume operations.
Ethiopian Airlines Expands European Network with New Lyon Service
July 02, 2026
Ethiopian Airlines has strengthened its European network with the launch of a new three-times-weekly passenger service between Addis Ababa and Lyon, France, via Geneva, commencing on 2 July 2026. Operated by Airbus A350-900 aircraft, the new route makes Lyon the airline's third destination in France, alongside Paris and Marseille, and further reinforces Ethiopian's strategy of expanding connectivity between Africa and Europe. The service enhances travel and trade links by providing passengers with seamless connections through Addis Ababa to Ethiopian's extensive network across Africa, the Middle East and Asia.
Air Côte d'Ivoire Secures Financing for Fleet Expansion
July 01, 2026
Air Côte d'Ivoire has secured a 50 billion CFA franc (approximately US$87 million) loan from the West African Development Bank (BOAD) to finance the acquisition of four Airbus A319 aircraft. The investment will support the airline's regional growth strategy by expanding its network, launching new routes, and strengthening its position as a leading carrier in West and Central Africa. The airline currently operates a fleet of five A319s, with only one owned outright and the remainder leased. The latest financing follows BOAD's continued support of the airline, including a 30 billion CFA franc loan in April 2025 to fund the acquisition of two Airbus A330neo aircraft, highlighting ongoing investment in Air Côte d'Ivoire's fleet modernization and long-term expansion plans.