September 11, 2023 4:07 pm ET
October 1, 2020 6:00 am ET -
SAA Suspends All Operations As Government Continues to Look for…
On Tuesday, Business Rescue Practitioners (BRPs) announced that South African flag carrier South African Airways has suspended all operations and the airline put under "care and maintenance" until the ongoing discussions between the BRPs and the government lead to a…
September 22, 2020 6:00 am ET -
Kenya Airways Needs $500 Million State Aid Package to Remain…
Kenya Airways PLC is seeking $500 million from the Kenyan government to navigate the COVID-19 crisis after its first-half revenue plunged by 50%, per Group's CEO Allan Kilavuka as reported by Bloomberg. The airline is on the verge of nationalization,…
September 12, 2020 6:20 am ET -
Rwandair No Longer Moving Forward With Its Fleet Expansion
RwandAir is no longer considering, for now, its earlier fleet growth plan of two Airbus A330neos and two Boeing 737 Max orders that it had made via lessors. This is a major move for the African operator, re-evaluating its growth…
September 5, 2020 6:00 am ET -
Ethiopian Eyeing Stakes in South African Airways
Another day, another rumor that Africa's largest carrier Ethiopian is considering ways to potentially offer support to the insolvent South African Airways with sources familiar with the matter citing talks between Ethiopian Airlines Group eyeing stakes are already in place…
August 25, 2020 5:31 am ET -
Kenya Airways to Sack Senior Pilots As Coronavirus Impacts Continue…
Kenya Airways, Kenya's flag carrier, is moving to slash half of its pilot workforce. The move is in line with cost saving measures deemed necessary due to the toll the COVID-19 crisis that has taken, Business Daily reports. Kenya Airways…