All Africa news – Page 23
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News
South Africans urged to boycott SAA over government bailout
South African citizens are being urged to boycott flag-carrier South African Airways by an anti-maladministration organisation which focuses on the country’s state-owned enterprises. The Organisation Undoing Tax Abuse has sharply criticised the South African finance ministry’s bailout of SAA in its mid-term budget, after months of uncertainty over the ...
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News
Finance minister castigated as state bails out SAA
South African Airways is to be allocated R10.5 billion ($642 million) to implement its business rescue plan, the country’s finance minister has disclosed in a speech to parliament. Tito Mboweni outlined the funding in a medium-term budget policy statement on 28 October. He said that R10.5 billion would ...
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News
Airline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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News
IATA downgrades Africa and Middle East traffic forecasts
IATA has sharply lowered its 2020 guidance for air traffic in the Middle East and Africa, citing “weaker-than-expected recovery” in each region.
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News
Uganda Airlines’ first A330-800 emerges in full colours
Airbus has rolled out the first A330-800 for Uganda Airlines, following completion of the twinjet’s livery painting. The aircraft, MSN1977, has been shown off in the full colour scheme. Uganda Airlines ordered two of the aircraft last year. The A330-800 is the smaller of the two A330neo variants. ...
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In depth
Airline coronavirus recovery tracker: October 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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News
Person ‘more likely to be hit by lightning’ than catch Covid-19 in aircraft
Data suggests that an individual has a much greater chance of being hit by lightning over a 12-month period than they would of catching Covid-19 during a commercial flight, according to IATA.
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News
SAA maintenance arm lifts service suspension against house carriers
South African Airways’ maintenance arm, SAA Technical, has started reinstating its services after suspending them to four customers over outstanding payments. It says it has reached an agreement with two of these customers – SAA itself and sister carrier Mango – but is still holding talks with the other ...
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News
SAA suspends operations as rescuers seek to preserve finances
South African Airways has suspended all airline operations while its rescuers assess options to obtain urgent funding for the embattled flag-carrier. While the government has been claiming continuous engagement with potential funding sources, SAA’s rescue practitioners have warned of dwindling reserves, and have been keeping creditors updated over the ...
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Opinion
South Africa’s airline sector can overcome challenges
The country has been hit hard by Covid-19, exacerbating connectivity challenges created by SAA’s retrenchment, but there is hope that the sector will recover, writes Zuks Ramasia, chief executive of the Board of Airline Representatives of South Africa
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In depth
Where the airline industry was when the music stopped
Another year of strong profit and traffic growth in 2019 for leading carriers illustrates the highs the industry had reached before the coronavirus pandemic, but offered no warning of the crisis to come that has pushed airlines to the brink.
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News
RwandAir seeks to acquire freighter
The African carrier is “looking at acquiring a cargo freighter in the near future”, its chief executive Yvonne Makolo tells FlightGlobal.
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Interview
RwandAir chief Makolo on recovery, Qatar and pan-African aims
The Covid crisis may have created numerous immediate challenges, but RwandAir chief Yvonne Makolo says the carrier has many reasons for optimism about its long-term future
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News
Silverstone Fokker 50 wrecked in Mogadishu excursion
Images circulating on social media indicate that a Kenyan-registered Fokker 50 turboprop has been substantially damaged in a 19 September accident at Mogadishu, the capital of Somalia. The aircraft (5Y-MHT) has come to rest apparently after striking a concrete wall off the right side of runway 05, suffering severe ...
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News
South African Airways will not be liquidated: government
South Africa’s government is insisting that flag-carrier South African Airways will not be liquidated, and that it will detail measures relating to funding the airline in upcoming legislation. Its department of public enterprises gave the reassurance as creditors met to discuss the airline’s future, after its rescue practitioners warned ...
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News
RwandAir switches London services to Heathrow airport
The African carrier has been serving Heathrow on a cargo-only basis during the coronavirus crisis, and says today that its passenger services to the UK capital will also serve the hub when they resume on 3 October.
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News
SAA creditors to meet as critical rescue funds fail to materialise
South African Airways’ rescue practitioners are to call a meeting of creditors to discuss the future of the troubled company after doubts emerged over crucial government funding for the airline’s business plan. The practitioners had warned on 10 September that procuring the funding necessary to support the plan was ...
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Announcements
FlightGlobal launches Decade of Airline Excellence Awards
FlightGlobal is delighted to announce the launch of the Decade of Airline Excellence Awards, which Airline Business will deliver later this year with our partner, Korn Ferry. Amid this year’s unprecedented disruption, we have decided to take a break from the Airline Strategy Awards – which will return in the ...
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News
RwandAir no longer taking A330neo or 737 Max jets
RwandAir is no longer taking the Airbus A330neo and Boeing 737 Max jets it had ordered via lessors.
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In depth
Airline coronavirus recovery tracker: September 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.