All Africa articles – Page 8

  • SAA tail
    News

    SAA practitioners spent R10bn during five-month rescue effort

    2020-05-15T20:30:00Z

    South African Airways’ business rescue practitioners spent R9.9 billion ($532 million) in the five months after they were called upon to try to save the loss-making airline. Testifying by video link to a parliamentary committee on 15 May, practitioner Siviwe Dongwana stated that the sum was used between 5 ...

  • SAA tail
    News

    SAA defies shutdown as unions claim labour court victory

    2020-05-08T17:57:00Z

    South African Airways is to continue conducting services for the time being, defying the 8 May date for cessation of operations given by the airline’s business rescue practitioners Unions are claiming a Labour Court victory after they brought a case to halt a retrenchment process for the carrier’s personnel. ...

  • SAA tails
    News

    SAA on brink as government scrambles to defer ‘drop dead’ date

    2020-05-07T14:38:00Z

    South Africa’s government is urgently trying to extend the period of operations for South African Airways after the carrier’s business rescue practitioners warned that 8 May would amount to a “drop dead” day when all flights would cease. The country’s public enterprises minister, Pravin Gordhan, outlined to a parliamentary ...

  • mango lead
    News

    Mango 737 ground-collision crew opted against safer taxi route

    2020-05-07T11:26:00Z

    South African investigators have stated that Johannesburg airport ground control should have instructed pilots of a Mango Boeing 737-800 to deviate from a taxiway, rather than give them the option, before the aircraft struck a taxiing Comair jet. But the inquiry into the incident, on 19 April last year, ...

  • C-130H Cameroon
    News

    Cameroon picks Marshall for C-130 maintenance

    2020-05-05T14:45:00Z

    The UK’s Marshall Aerospace and Defence Group has secured a five-year contract to maintain the Cameroon air force’s Lockheed Martin C-130H tactical transports.

  • B737-8-comair-1-c-Boeing-640
    News

    South Africa’s Comair files for business rescue

    2020-05-05T14:08:00Z

    South African carrier Comair has become the latest operator in the country to enter business rescue, as it aims to restructure to deal with the coronavirus crisis. Comair made a pre-tax loss of R645 million ($35 million) for the six months to 31 December. “While we had started ...

  • SAA A340 nose
    News

    Opposition heaps scorn on detail-light plan for SAA transformation

    2020-05-02T19:45:00Z

    South Africa’s political opposition is insisting the government detail an agreement with South African Airways unions setting out plans to establish a successor to the crumbling flag-carrier. In a response accusing the department of public enterprises of undermining SAA’s business rescue practitioners, the Democratic Alliance says it will seek ...

  • Fastjet
    News

    Fastjet negotiates loan as liquidity squeeze continues

    2020-05-01T17:25:00Z

    African budget operator Fastjet Group has negotiated a $600,000 loan and is holding discussions to obtain creditor discounts to reduce its liabilities. The loan – initially for a six-month term – has been obtained from shareholder Solenta Aviation Holdings to provide working capital and liquidity while Fastjet’s operations are ...

  • Kulula Boeing 737-800 (c) Bob Adams
    News

    ​Comair expects to remain grounded until at least October

    2020-04-30T13:39:00Z

    South Africa’s Comair is in “a very difficult financial position” due to coronavirus-related travel restrictions and does not anticipate being able to resume flights until October or November, the carrier has disclosed.

  • SAA A330
    Analysis

    How would SAA collapse affect South Africa’s airline connectivity?

    2020-04-24T13:10:00Z

    If South African Airways fails to find a way through its current funding crisis, it could leave a big hole in its home country’s connectivity, depending on which routes are considered viable as coronavirus restrictions are lifted.

  • SAA tail
    News

    SAA left with no options but wind-down or liquidation: rescue practitioners

    2020-04-24T10:31:00Z

    South African Airways’ business rescue practitioners have warned that the exhaustion of funding to draw up a rescue plan for the flag-carrier has left them with two stark options for the airline. The practitioners state that they are facing the choice of attempting to secure a better return for ...

  • Fastjet
    News

    Fastjet sells ERJ-145 to Solenta to offset maintenance debt

    2020-04-24T09:21:00Z

    African budget operator Fastjet Group has sold a dormant Embraer ERJ-145 to Solenta Aviation in a deal to reduce debts owed for maintenance work within Fastjet’s Zimbabwean division. The ERJ-145 had been used for Fastjet’s operations in Mozambique before the company suspended services in the country last year. ...

  • Air Mauritius Airbus A330-900
    News

    Air Mauritius files for voluntary administration

    2020-04-22T13:23:00Z

    Struggling Air Mauritius has entered voluntary administration after the board resolved that with coronavirus grounding it would not be able to meet its financial obligations in the foreseeable future. 

  • South African Airways
    News

    South African government presses unions for concessions to rebuild SAA

    2020-04-22T13:11:00Z

    South Africa’s government is pressing unions to avert a collapse of South African Airways and ensure that the business rescue strategy results in the emergence of a more competitive carrier. It has asked unions to submit proposals on restructuring the carrier and, in particular, details on the future of ...

  • Nigerian Super Tucano
    News

    First Nigerian Super Tucano conducts maiden sortie

    2020-04-20T06:05:00Z

    The first A-29 Super Tucano due for delivery to the Nigerian air force has conducted its maiden flight from Jacksonville, Florida.

  • SAA A350
    Analysis

    Coronavirus crisis threatens to push South African carriers over the edge

    2020-04-15T13:49:00Z

    While the coronavirus pandemic has had a wide-ranging impact across African carriers, the timing of the crisis has been particularly calamitous for South Africa’s struggling airline sector.

  • Fastjet ERJ
    News

    Fastjet poised to renegotiate divestment of Zimbabwean division

    2020-04-08T12:47:00Z

    Fastjet Group is to hold discussions on potential amendments to the terms of its planned disposal of its Zimbabwean operation, given the financial impact of measures taken to combat the coronavirus outbreak. Investors led by Solenta Aviation Holdings had been planning to acquire the operation before the crisis, and ...

  • FedAir
    News

    Fastjet’s FedAir division slashes fleet as safari market dries up

    2020-04-07T18:09:00Z

    Fastjet Group’s Federal Airlines division has entered a restructuring process and given up most of its aircraft after a severe downturn in its business conducting shuttle and charter services to safari reserves in southern Africa. FedAir primarily serves US and European tourists but the coronavirus situation has badly affected ...

  • TK A330 incident
    News

    Off-centre landing damaged Turkish A330 undercarriage

    2020-04-07T10:51:00Z

    Nigerian investigators have disclosed that a Turkish Airlines Airbus A330-300 suffered damage after travelling partially off the runway for a distance of some 400m following a landing at Port Harcourt. The aircraft (TC-LOL), arriving from Istanbul at night on 30 December last year, had been established on the localiser ...

  • Kulula Boeing 737-800 (c) Bob Adams
    News

    Comair drops Star Air acquisition as challenges deepen

    2020-04-03T14:05:00Z

    South African carrier Comair has agreed to call off its planned acquisition of aircraft leasing specialist Star Air Cargo and Star Air Maintenance as it battles mounting challenges.