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.
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.
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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