All Africa news – Page 25

  • Air Namibia

    Loss-making Air Namibia should be liquidated: president


    Air Namibia should be liquidated, the Namibian president has declared following an address to the country, a suggestion which has met objection from unions. President Hage Geingob was answering questions in the parliament building in Windhoek after delivering his state-of-the-nation speech on 4 June. The loss-making airline had ...

  • SAA tails

    External carriers should be handed repatriation services: South African opposition


    South Africa’s shadow public enterprises minister is insisting that the government ease air transport pressures by allowing other operators to conduct repatriation services. Ghaleb Cachalia, from the opposition Democratic Alliance party, argues that South African Airways – which has been mired in a drawn-out business rescue process – does ...

  • SAA tails

    SAA unions force further delay to business plan publication


    South African Airways’ rescuers are seeking creditors’ approval for a further postponement to the deadline for publishing a business plan for the embattled flag-carrier. The rescue practitioners have previously secured four extensions to deadlines for publishing a plan – the most recent to 8 June – since SAA entered ...

  • B737-8-comair-2-c-Boeing-640

    Comair to cut fleet and remain inactive until November


    South African carrier Comair requires a substantial cash injection and is unlikely to resume operations until at least November. Its fleet will also be reduced to 16 aircraft, comprising 13 Boeing 737-800s and three spare 737-400s. The airline’s business rescue practitioners have outlined the situation to creditors and ...

  • SAA and EgyptAir at Johannesburg airport in March 2019 shutterstock_1737560327
    In depth

    Coronavirus pushes fragile African carriers closer to the edge


    While no region has escaped the impact of the coronavirus grounding, arguably its most immediate damage has been felt among Africa’s already struggling carriers.

  • SAA A350

    South African carriers urge system stress-test to speed recovery


    South African carriers are urging the government to stress-test the early restoration of domestic air services, to quicken the introduction of an expanded route network. Operators have been forced to suspend services after South Africa entered a national lockdown on 26 March. The government’s coronavirus response plan entered ...

  • SAA A340

    SAA draft rescue plan signals termination of half its fleet leases


    South African Airways’ rescuers are terminating leases on nearly half the airline’s 40 leased aircraft, while those on another 15 have been undergoing renegotiation. The carrier had a fleet of 49 jets when it entered the business rescue process on 5 December last year, including nine A340-300s and -600s ...

  • E190-E2-Congo-Airways-Embraer 052620

    Congo Airways eyes expansion within Africa as competitors struggle


    Congo Airways’ decision to swap orders for Embraer 175s to larger E190-E2s party reflects an effort by the company to expand on routes previously served by financially struggling competitor South African Airways (SAA).

  • SAA tail

    Draft plan indicates restructured SAA would lose R20bn in first three years


    Preliminary projections for a restructured South African Airways indicate the carrier would lose close to R20 billion ($1.1 billion) over the first three years, before it started turning a profit. The operation would have a fleet of 40 aircraft, according to a draft business plan obtained by the country’s ...

  • SAA tail

    SAA rescuers request time to consult on government proposals


    South African Airways’ rescue practitioners are seeking an extension to the deadline for publishing a business plan for the troubled flag-carrier. Under South African legislation a business plan is normally required within 25 days of a company entering business rescue, but extensions can be granted if necessary. SAA, ...

  • Kenya Airways Embraer 190shutterstock_1618404946

    Kenya Airways losses widen in 2019 on higher costs


    Kenya Airways pre-tax losses deepened to KSh13 billion for the year ending December 2019 despite increasing passenger levels and revenues.

  • SAA A340

    Administrators see ‘reasonable’ prospect of SAA rescue


    Business rescue practitioners at South African Airways describe as “reasonable” the prospects of rescuing the struggling carrier, though stress this is dependent on the necessary funding.

  • SAA A330

    ​SAA rescuers pour cold water on plan to resume domestic flights


    South African Airways’ plan to restart domestic flights in mid-June has been called into question by its rescuers, who have criticised the airline for releasing an “unvetted” public statement that created an “unfair expectation” among stakeholders.

  • KAI KT-1

    Senegal receives first two KT-1 trainers


    Senegal has taken delivery of its first two Korea Aerospace Industries KT-1 turboprop trainers, with an additional pair to arrive by year-end. 

  • SAA tails

    Government puts R10bn aside for SAA in medium term


    South Africa’s government has provisionally set aside R3.8 billion ($212 million) for troubled flag-carrier South African Airways and another R164 million for SA Express in the current fiscal year. Department of public enterprises deputy director general Kgathatso Tlhakudi gave the figure during a 20 May presentation before the parliamentary ...

  • B737-8-comair-2-c-Boeing-640

    Rescuers believe Comair has ‘reasonable’ chance of survival


    South African carrier Comair’s business rescue practitioners believe there is a reasonable chance of the Johannesburg-based airline’s being saved. The airline’s board opted to enter business rescue on 4 May. Practitioners Shaun Collyer and Richard Ferguson met with creditors and employees on 19 May to outline the carrier’s ...

  • Citation ZS-CAR

    South African CAA postpones replacing lost calibration jet


    South Africa’s civil aviation regulator has been forced to defer ICAO audits, and postpone replacement of its lost flight-calibration aircraft, as a consequence of the coronavirus outbreak. The Civil Aviation Authority told a parliamentary transport portfolio committee on 18 May that it had drawn up three scenarios for the ...

  • saa

    SAA rescuers given deadline to deliver business plan


    South African Airways’ rescue practitioners have been instructed to produce a formal business plan for airline within 25 days, after a parliamentary standing committee expressed dissatisfaction with a draft publication. The standing committee on public accounts is also seeking a full schedule of fees from the practitioners, their advisers, ...

  • SAA tail

    SAA practitioners spent R10bn during five-month rescue effort


    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

    SAA defies shutdown as unions claim labour court victory


    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. ...