Africa – Page 27

  • SAA A350
    News

    Creditors approve South African Airways rescue plan

    2020-07-14T15:08:00Z

    Creditors have today approved a business rescue plan (BRP) for South African Airways.

  • SAA A330
    News

    Government tries to divide SAA pilots as creditor vote looms

    2020-07-14T07:01:00Z

    South Africa’s government is appealing to individual South African Airways pilots to break from their union’s position and accept voluntary severance packages, as the beleaguered airline faces a critical creditor vote on its proposed rescue. Cockpit union SAAPA has put forward alternative proposals intended to reduce retrenchments and increase the ...

  • RAM Express ATR
    News

    ATR 72 struck sea surface after crew turned off ground-proximity system

    2020-07-13T14:42:00Z

    Investigators have determined that a Royal Air Maroc Express ATR 72-600 twice struck the surface of the Mediterranean Sea during an extraordinary botched approach to Al Hoceima airport, badly damaging the turboprop before its crew diverted to Nador. Analysis of the incident showed the pilots had proceeded with an unstable ...

  • SAA A330 header
    News

    SAA pilots seeking ‘unaffordable’ staff retention: government

    2020-07-10T19:37:00Z

    South African Airways pilots have sought to more than halve the proposed number of employee retrenchments, and instead retain almost 3,100 personnel for the carrier’s relaunch, according to the country’s government. But the proposal has been dismissed by the department of public enterprises, which insists it is “not prepared to ...

  • Air Namibia
    News

    Struggling Air Namibia cleared to resume flights

    2020-07-09T15:35:00Z

    Under pressure Air Namibia has been cleared by the Namibian High Court to resume services after its operating licence was suspended amid continued financial concerns.

  • SAA A340
    News

    SAA pilots isolated as other unions gradually back severance scheme

    2020-07-08T10:44:00Z

    South African Airways unions have largely indicated acceptance of voluntary severance packages as part of the airline’s rescue, after the government warned that workers’ representatives that it cannot improve on the severance offers. Cockpit union SAAPA has not followed other unions’ gradual shift into accepting the proposals, but it appears ...

  • Auction CRJ200
    News

    Initial expressions of interest sought for SA Express jets

    2020-07-05T11:49:00Z

    Assets of South African regional carrier SA Express, including Bombardier CRJ200 jets, are being advertised online as part of an initial process to obtain expressions of interest, as the airline edges towards liquidation. The airline was placed in provisional liquidation on 28 April but a final liquidation order has been ...

  • SAA A330 header
    News

    SAA rescue remains uncertain as treasury highlights funding pressures

    2020-07-03T12:02:00Z

    South Africa’s government is urging creditors and unions to support South African Airways’ proposed rescue, warning that the airline’s liquidation is the worse of the options available. But the opposition Democratic Alliance believes the country’s treasury, which is having to cope with funding pressures from the coronavirus crisis, is reluctant ...

  • Fastjet
    News

    Fastjet counts on flight restoration as cash reserves dwindle

    2020-07-03T07:36:00Z

    African budget operator Fastjet Group believes it has sufficient funds to last through August but is warning that it needs flight operations to resume to sustainable levels in September. Its services have effectively been shut down since 7 April, bar a limited number of repatriation flights, following government lockdowns in ...

  • Kenya 787 640 wide
    News

    Africa and Middle East need ‘layered’ measures for restart: IATA

    2020-07-02T12:35:00Z

    African and Middle Eastern countries should adapt their quarantine measures to enable the aviation sector to begin a recovery while containing spread of the coronavirus, IATA has urged.

  • Comair 737 Max 8
    News

    Comair rescuers seek time to scrutinise expression of interest

    2020-06-29T18:46:00Z

    South African carrier Comair’s rescue practitioners are still trying to work through the details of an expression of interest in the airline, and are seeking to postpone further the publication of a business plan. They are requesting creditor approval to push back the publication date from 30 June to 28 ...

  • news-taag
    News

    De Havilland Canada delivers first Dash 8-400 to TAAG Angola Airlines

    2020-06-26T22:16:00Z

    De Havilland Canada has delivered the first of six Dash 8-400 aircraft to TAAG Angola Airlines, the state-owned national carrier of Angola, as it builds out its networks to that country’s smaller communities.

  • SAA A330 header
    News

    SAA’s future remains in limbo as unions secure delay to rescue vote

    2020-06-26T09:42:00Z

    Decisions on the future of South African Airways have been pushed back by nearly three weeks, after three unions secured an adjournment of a crucial creditor meeting, in order to buy time to adjust the business rescue plan. The SAAPA, SACCA and NUMSA unions – representing pilots, cabin crew, and ...

  • US Army Boeing AH-64E Apache
    News

    Morocco signs up for 24 AH-64E Apaches

    2020-06-26T02:27:00Z

    Boeing has secured a deal to supply Morocco with 24 AH-64E Apache attack helicopters.

  • saa
    News

    Government urges support as SAA rescue faces critical creditor vote

    2020-06-25T08:23:00Z

    South African Airways’ creditors are set to decide the future of the troubled flag-carrier, more than half a year after it entered a business rescue scheme, with the government urging support for a new business plan. At least 75% support from creditor voting interests, following a meeting due to be ...

  • SAA tail
    News

    Government reviewing funding proposals for restructuring SAA

    2020-06-24T09:30:00Z

    South Africa’s government is claiming to have received a number of unsolicited proposals to fund a new national airline in the aftermath of South African Airways’ business rescue process. These proposals have been received from private-sector funds, equity investors, and potential airline partners, says the government’s department of public enterprises. ...

  • Comair 737
    News

    Comair rescuers seek time to consider funding offer

    2020-06-23T08:47:00Z

    South African carrier Comair’s rescue practitioners are exploring a potential offer of funding for the airline, and are seeking a further postponement to publication of a business plan. The practitioners have not identified the group behind the non-binding expression of interest. But they state that the offer of cash funding ...

  • Airlink nose
    News

    South Africa’s Airlink bids to have SAA liquidated

    2020-06-22T08:58:00Z

    South African carrier Airlink is attempting to disrupt plans to convene a creditors’ meeting to discuss whether to approve the rescue plan for South African Airways, and is seeking to have the airline liquidated. The government’s department of public enterprises says Airlink has filed a court motion “aimed at interdicting” ...

  • SAA tails
    News

    SAA rescue plan revises down initial heavy losses

    2020-06-21T09:55:00Z

    South African Airways’ final business rescue plan considerably revises down the losses projected over the first three years for the restructured carrier. While a draft plan circulated at the beginning of June indicated losses close to R20 billion ($1.1 billion) for the period, the final plan estimates pre-tax losses of ...

  • SAA A340 title
    News

    SAA rescue plan sets out initial fleet and personnel requirements

    2020-06-19T20:39:00Z

    South African Airways’ resurrection plan would involve an initial restart period of eight months, running to January 2021. Over this period the fleet would be gradually built up to around 26 aircraft, comprising seven long-haul jets – about half of which would be in place at the end of this ...