South 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.
Med-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.
North 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.
Congo 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.
Ethiopian 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.
IATA 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.
Armenian 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.
2019 airline year in review
A visual journey through some of the biggest airline stories from the past 12 months
Key airline CEO appointments in 2019
A visual record of some of this year’s key airline chief executive appointments
SAA 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.