All Africa news – Page 37
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NewsStruggling SAA insists flight operations are continuing
South African Airways is maintaining operations for the time being, despite apparent increasing uncertainty over the ailing flag-carrier’s financing. The airline says it is “aware” of local media reports suggesting the airline is on the verge of ceasing operations. But it insists that flights to all destinations “continue as normal”. ...
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NewsSouth African Airways to sell nine A340s as part of restructuring effort
South African Airways has put more than half of its Airbus A340 fleet and a variety of spare parts up for sale, as part of efforts to restructure following the carrier’s decision last month to voluntarily enter business rescue proceedings.
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NewsMed-View 737 depressurisation not reported to investigators
Nigerian specialists have disclosed that a serious depressurisation incident involving a Med-View Airline Boeing 737-500 was not reported to the country’s investigation authority. The aircraft (5N-BQM) had been cruising at 32,000ft en route from Abuja to Lagos, with 34 occupants, on 23 July. Lagos’s runway 18R had been closed and ...
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Airline BusinessNorth American airline profits seen strengthening in 2019
IATA sees all regions except North American carriers making less profits in 2019 than it expected six months ago, but by contrast expects all these other regions to improve their performance next year.
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NewsCongo Airways orders two Embraer 175s
Embraer has disclosed a firm order from Congo Airways for two E175s. The African carrier has also taken options on a further two of the jets, says Embraer, which puts the list-price value of the four-unit deal at $194.4 million.
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NewsEthiopian Q400 badly damaged in take-off excursion
Ethiopian Airlines has noted that wind and rain were present when a Bombardier Q400 suffered a runway excursion during take-off from Juba, resulting in substantial damage to the turboprop. The aircraft (ET-AQC) had been bound for Ethiopian’s hub at Addis Ababa as flight ET357 on 10 December. Ethiopian states that ...
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NewsIATA sees airline profits jumping back after cutting outlook for 2019
Airline body IATA expects collective industry profits to climb back to almost $30 billion in 2020, despite cutting its outlook for the current year by a further $2 billion in its latest forecast.
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NewsArmenian authority placed under closer EU safety monitoring
Armenia’s civil aviation regulator has been placed under increased monitoring by European safety authorities as part of a revision of the European Commission airline blacklist.
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Airline Business2019 airline year in review
A visual journey through some of the biggest airline stories from the past 12 months
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Airline BusinessKey airline CEO appointments in 2019
A visual record of some of this year’s key airline chief executive appointments
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NewsSAA to receive R4bn funding as part of business rescue
South African Airways is to receive a R4 billion ($273 million) in funding as part of the effort to restructure the ailing flag-carrier following its placement into business rescue.
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Camair-Co MA60 shot at during approach to Bafut
Cameroonian operator Camair-Co has disclosed that one of its AVIC Aircraft MA60 turboprops was shot at during its approach to Bafut’s Bamenda airport.
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South African Airways to undergo 'radical' restructuring
South Africa’s government is to undertake an extensive restructuring of South African Airways, insisting that it has run out of alternative strategies for the troubled flag-carrier.
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Newly-delivered Ethiopian A350 damaged in ramp mishap
Ethiopian Airlines’ newest Airbus A350-900 has been damaged by ground contact from a Turkish Airlines freighter at Kinshasa, less than eight weeks after delivery.
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Fastjet blames Zimbabwean volatility for persistent losses
Fastjet Group is predicting full-year net losses of $7-8 million, which it attributes to volatility affecting its Zimbabwean operation, a division it is looking to divest.
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Fastjet looks to sell Zimbabwe arm to avert funding crisis
African budget carrier Fastjet Group is considering selling its Zimbabwe airline operation to raise capital, after disclosing that it is facing more funding pressure.
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PodcastPODCAST: Airline Business on Air Europa, Brazil, Emirates, Max
The new edition of the Airline Business podcast is now available.
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Dornier 228 crash in Congo kills up to 29: reports
A Dornier 228 has crashed in the Congolese city of Goma, with media reports indicating that 19 passengers and crew were killed, as well as 8-10 people on the ground.
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Air Peace chief denies US money laundering charges
Nigerian carrier Air Peace’s chief executive, Allen Onyema, and director Ejiro Eghagha have strenuously denied allegations of fraud after they were charged by US authorities.