Business & Finance

Fresh impetus for the African Air Transport Professions Institute

Posted 31 October 2018

With its acquisition of a 55% holding, ASAM S.A is joining ASECNA Service SA/AG (35%) and Air France Finance (10%) as owners of IAMA’s capital so that they can develop the African Air Transport Professions Institute (IAMA).

in Business & Finance

Rolls-Royce expands service infrastructure for business aircraft

Posted 16 October 2018

Rolls-Royce has announced that it is further expanding its global network of Authorised Service Centres (ASC) for its CorporateCare customers.

in Business & Finance

SAA on track with turnaround strategy

Posted 27 September 2018

South African Airways (SAA) has issued a statement saying it is on track with its turnaround strategy with quarter one results showing that the company is ahead of the plan in its trading performance.

in Business & Finance

Investec Aviation opens new $500m aircraft leasing equity fund

Posted 25 September 2018

Investec Aviation Finance has launched its fourth aircraft leasing fund to acquire some of the latest generation Airbus and Boeing narrow and widebody aircraft, on lease to a range of international airlines. The team has a

in Business & Finance

US approves the release of $1.2 billion in military aid to Egypt

Posted 12 September 2018

The United States has approved the release of $1.2 billion in military aid to Egypt.

in Business Aviation / Business & Finance

Dassault and Safran settle dispute over 5X engine delay

Posted 6 September 2018

Dassault Aviation has agreed what it described as an “amicable settlement” with Safran putting an end to the dispute concerning the Silvercrest engine planned to equip the Falcon 5X.

in Air Transport / Business & Finance

Zambia Airways relaunches

Posted 22 August 2018

Following signing of a shareholders agreement in Lusaka on Sunday between the Zambian Government and Ethiopian Airlines, Zambia Airways has been relaunched with its inaugural flight set for the beginning of next year.

in Business & Finance

Ethiopian registers record success in 2017/18 fiscal year

Posted 13 August 2018

Ethiopian Airlines has registered record success in the just ended 2017/18 fiscal year. In line with its 15 year strategic roadmap, Vision 2025, the airline registered historical success in financial, commercial,

in Business & Finance

Airbus forecasts $4.6 trillion worldwide market for commercial aircraft services over next 20 years

Posted 17 July 2018

Ambitions to boost value to customers and reach $10bn of services revenues in commercial in the next decade

in Business & Finance

US Advisory Council on doing business in Africa visits Ethiopian Airlines

Posted 26 June 2018

A large delegation of US businesses and officials from across the US government, led by US Under Secretary of Commerce Gilbert Kaplan, has visited Ethiopian Airlines to explore potential business

in Business & Finance

Air Namibia and APG Network in partnership

Posted 6 April 2018

Air Namibia and APG Network have announced a new partnership effective from March 2018.

in Business & Finance

South African Airways issues a statement regarding audit report

Posted 14 March 2018

The board and management of South African Airways has issued a statement to say it is taking urgent steps to address issues raised by the Auditor-General’s office in its 2016-17 audit report, and remains optimistic about

in Business & Finance

African airlines saw January traffic rise 4.9%

Posted 8 March 2018

The International Air Transport Association (IATA) announced global passenger traffic results for January 2018 showing traffic (revenue passenger kilometers or RPKs) rose 4.6% compared to January 2017.

in Business & Finance

House Committee on Banking praises Arik Air management

Posted 26 February 2018

The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has commended the present management of Arik Air for the good work they have done in turning around the fortunes of the

in Business & Finance

Bombardier reports fourth quarter and full year 2017 results

Posted 16 February 2018

Bombardier has released its fourth quarter and full year 2017 results, highlighting solid financial and operational performance across the company.

in Business & Finance

Afriqiyah seeks return of Euro-based A320s

Posted 29 January 2018

Afriqiyah is seeking the return of its two A320-200s currently leased out to Lithuanian ACMI/charter specialist Small Planet Airlines, reports ch-aviation.

in Business & Finance

IATA: Blocked Funds, Connectivity, Infrastructure, and Safety top agenda for Angola

Posted 25 January 2018

The International Air Transport Association (IATA) forecasts a trebling in the size of Angola's air transport market to 7.1 million passengers a year by 2036 at the present forecast annual growth

in Business & Finance

Harare open to all forms of investment in Air Zimbabwe

Posted 25 January 2018

The Zimbabwean government is open to all forms of partnership with Air Zimbabwe and is even prepared to waive a cap on 49% foreign ownership to entice investors to the ailing state-owned carrier, reports ch-aviation.

in Business & Finance

Four start-ups apply for Comorian operating licences

Posted 16 January 2018

Four start-up carriers have applied to the Comorian government for operating licences involving both domestic and international services, ch-aviation.

in Business & Finance

Airbus Commercial Aircraft delivers record performance

Posted 16 January 2018

Airbus’ Commercial Aircraft deliveries in 2017 were up for the 15th year in a row, reaching a new company record of 718 aircraft delivered to 85 customers.

in Business & Finance

Fly Modern Ark eyes 25% stake in Air Zimbabwe

Posted 2 January 2018

Fly Modern Ark has submitted a proposal to the Zimbabwean government in which the South African start-up would equip Air Zimbabwe with Xian Aircraft Company turboprop equipment in return for a 25% stake in the state-owned airline, reports

in Business & Finance

Boeing and Embraer in merger talks

Posted 21 December 2017

Boeing and Embraer have confirmed they are undergoing talks towards a possible merger. The confirmation follows a report that the two companies were in discussion by the Wall Street Journal.

in Business & Finance

160 new aircraft set to be delivered to Africa by 2025

Posted 29 November 2017

To coincide with Africa's first African business aviation conference and exhibition (AfBAC), which runs from 29th November to 1st December in Johannesburg, South Africa, new analysis of industry data by Global Jet Capital, a

in Business & Finance

Swazi central bank freezes Aghalieaku Airways' bank accounts

Posted 27 November 2017

The Central Bank of Swaziland (CBS) has ordered Nedbank Swaziland to freeze the accounts of local carrier Aghalieaku Airways after investigations implicated its owner, Nigerian Chief Benjamin Aghalieaku Arinze, in

in Business & Finance

Kenya Airways Limited advised on financial restructuring

Posted 23 November 2017

Global law firm White & Case has advised Kenya Airways Limited on its US$2 billion financial restructuring.

in Business & Finance

Airbus reports nine-month 2017 results

Posted 1 November 2017

Airbus SE reported nine-month 2017 financial results and confirmed its guidance for the full year.

in Business & Finance

Air Arabia's Egyptian unit disposes of $3.3mn of equity

Posted 23 October 2017

Air Arabia disposed of 590,000 shares to an unspecified party/parties a filing with the Egyptian Stock Exchange (ESX) on October 11, reports ch-aviation.

in Air Transport / Business & Finance

SAA major board shake-up as chair replaced

Posted 19 October 2017

South African Airways is undergoing a major board reshuffle today.

in Business & Finance

Zimbabwe government minister in legal battle over Rainbow Airlines

Posted 18 October 2017

Zimbabwean Minister for Information Communication Technology, Supa Mandiwanzira, has been taken to court by a fellow shareholder of local start-up carrier Rainbow Airlines citing breach of contract, reports

in Business & Finance

Ethiopian Airlines in talks to partner Air Djibouti

Posted 18 October 2017

Ethiopian Airlines has initiated talks with the government of Djibouti over a possible partnership with Air Djibouti, reports ch-aviation.

in Business & Finance

Boeing reports third-quarter deliveries

Posted 10 October 2017

The Boeing has announced deliveries across its commercial and defence operations for the third quarter of 2017.

in Business & Finance

Ethiopian nearing early JV deal for new Zambian carrier

Posted 3 October 2017

Ethiopian Airlines is set to tighten its stranglehold on the Southern African market following comments by CEO Tewolde Gebremariam that a deal with the Zambian government over its Zambia Airways project could be reached in the

in Business & Finance

Air Burkina to be restructured

Posted 19 September 2017

Air Burkina is to be restructured and its fleet expanded, possibly with turboprops, as part of a government initiative to improve its sustainability, reports ch-aviation.

in Business & Finance

Airports Company South Africa profit up 10.8% in FY2017

Posted 18 September 2017

Airports Company South Africa reported revenue growth of 3.4% to R8.6 billion in the year ended 31 March 2017, with profit up 10.8% to R2 billion.

in Business & Finance

Green Africa Airways selects Pentagram as branding partner

Posted 12 September 2017

Green Africa Airways has selected Pentagram as its branding partner that will work with the airline as it lays the foundation for its brand identity.

in Business & Finance

Comair shows strong profit growth in tough trading conditions

Posted 12 September 2017

Comair Limited has issued its annual financial results, reporting a 54% increase in profits to R297 million and a 28% increase in cash generated by its operations.

in Business & Finance

SAA to cut fleet by almost 20% in latest restructuring plan

Posted 11 September 2017

South African Airways will cut capacity at its mainline operation as part of an overall downsizing of the carrier's network, reports ch-aviation.

in Business & Finance

Syphax Airlines denies AOC reapplication rejected

Posted 4 September 2017

Tunisia's Syphax Airlines has denied reports in the Tunisian media claiming its application to the North Africa state's civil aviation regulator seeking the reinstatement of its AOC had been flat out rejected, reports ch-aviation.

in Business & Finance

Air Daytona Tourist Airlines seeks investment

Posted 4 September 2017

Botswana's Air Daytona Tourist Airlines founder and sole shareholder, Moses Botipeng, has confirmed the prospective scheduled passenger carrier is in the process of beginning its certification drive with the Botswana Ministry of

in Business & Finance

Ethiopian Airlines confirms interest in Arik Air

Posted 4 September 2017

Ethiopian Airlines has confirmed that it is in talks to manage Nigeria's Arik Air, reports ch-aviation.

in Business & Finance

Air Madagascar and Air Austral to ink final deal in 4Q17

Posted 7 August 2017

Air Madagascar and Air Austral have confirmed the signing of their firm strategic partnership agreement has been delayed until late October at the earliest pending the resolution of several issues including the settlement of

in Business & Finance

Government of Burundi plans merger of Air Burundi and SOBUGEA

Posted 7 August 2017

The government of Burundi is planning to resuscitate moribund national carrier Air Burundi by merging it with fellow parastatal, the profitable ground-handling firm SOBUGEA (Société Burundaise de

in Business & Finance

Air transport infrastructure and connectivity to key to boosting Nigeria's economy

Posted 7 August 2017

The International Air Transport Association (IATA) says more jobs could be created and additional economic growth achieved in Nigeria if the West African nation used the transformative power of

in Business & Finance

African airlines' traffic soared 9.9% in June

Posted 7 August 2017

The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period.

in Business & Finance

Embraer releases second quarter 2017 results

Posted 28 July 2017

In 2Q17, Embraer delivered 35 commercial and 24 executive (16 light and 8 large) jets, compared to the 26 commercial and 26 executive (23 light and 3 large) jet deliveries in 2Q16.

in Business & Finance

Boeing reports strong second-quarter results

Posted 26 July 2017

The Boeing Company has reported strong earnings and operating cash flow in the second quarter of 2017, driven by improved operating performance.

in Business & Finance

Syphax Airlines gains reorganisation plan approval

Posted 20 July 2017

Syphax Airlines is on track for its planned 4Q17 relaunch after the Court of Sfax approved airline's reorganisation plan, reports ch-aviation.

in Business & Finance

Comoros set to offer foreign carriers cabotage rights

Posted 18 July 2017

The government of the Comoros is planning to open up the Indian Ocean archipelago's domestic market to foreign operators, reports ch-aviation.

in Business & Finance

Air Zimbabwe slashes workforce by half

Posted 17 July 2017

Air Zimbabwe has announced that it has retrenched 200 of its 424 staff as it struggles to keep the airline in business. This is the fourth round of retrenchments in eight years, reports ch-aviation.

in Business & Finance

Emirates terminates TAAG Angola management contract

Posted 11 July 2017

Emirates has terminated, effective immediately, a ten-year Management Concession Agreement with TAAG Angola Airlines, reports ch-aviation.

in Business & Finance

Fastjet to acquire branding rights from EasyGroup

Posted 10 July 2017

Fastjet plc the London-listed co-parent of Fastjet Zimbabwe and Fastjet, has announced plans to acquire the rights to the Fastjet brand from EasyGroup Holdings for USD2.5 million, reports ch-aviation.

in Business & Finance

Boeing reports second-quarter deliveries

Posted 10 July 2017

The Boeing Company has announced deliveries across its commercial and defence operations for the second quarter of 2017.

in Business & Finance

Boeing raises forecast for new aircraft demand

Posted 22 June 2017

Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued at $6.1 trillion dollars.

in Business & Finance

Air transport supports 490,000 jobs and contributes US$12bn in GDP for South Africa

Posted 21 June 2017

The International Air Transport Association (IATA) has released new data showing that the air transport sector in South Africa provides immense value to the people and economy of the country

in Business & Finance

Air transport supports 620,000 jobs, contributes US$3.2bn in GDP for Kenya

Posted 20 June 2017

The International Air Transport Association (IATA) has released new data showing that the air transport sector in Kenya supports some 620,000 jobs including tourism-related employment, while

in Business & Finance

Eq. Guinea seeks to resolve crisis blocking CEIBA's Euro ops

Posted 20 June 2017

The President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, dispatched his Minister for Foreign Affairs, Agapito Mba Mokuy, to Spain last week to resolve legal obstacles affecting CEIBA Intercontinental and its

in Business & Finance

ATR creates an integrated Leasing, Asset Management and Freighter department

Posted 7 June 2017

ATR has created a new Leasing, Asset Management & Freighter department which has thepriorities of managing sales to the leasing community and facilitating the placement of new or used ATR aircraft by

in Air Transport / Business & Finance

Fastjet's losses deepen as LCC continues stabilisation plan

Posted 31 May 2017

African low cost carrier Fastjet has seen losses almost double in what CEO Nico Bezuidenhout described as “a challenging year”.

in Business & Finance

Mahogany Air secures funding to resume operations

Posted 10 May 2017

Zambia's Mahogany Air has again outlined plans to resume commercial passenger operations, nearly three years after they were first suspended, reports ch-aviation.

in Business & Finance

Arik Air gets $4.7 million injection from AMCON

Posted 10 May 2017

Arik Air has received an injection of NGN1.5 billion (USD4.7 million) from the Asset Management Corporation of Nigeria (AMCON) since being taken over by the state-owned body, reports ch-aviation.

in Business & Finance

SAA secures a final court order against cabin crew strike

Posted 4 May 2017

South African Airways (SAA) successfully argued at the Labour Court to have an interim order granted on the 26th April 2017 confirmed as a final order against the South African Cabin Crew Association (SACCA) and its members.

in Business & Finance

Boeing reports first-quarter results

Posted 27 April 2017

The Boeing Company reported higher first-quarter earnings and operating cash flow compared to the previous year, driven by solid execution on production programmes and services.

in Business & Finance

US government concealing details of sale of Air Tractor bombers to Kenya

Posted 18 April 2017

US Congressman Ted Budd has accused the government of 'stone-walling' and refusing to release details about the planned sale to Kenya of 14 Air Tractor crop duster aircraft that will be armed and deployed

in Business & Finance

Airlines demand hard cash for Zimbabwe ticket sales

Posted 18 April 2017

At least five global airlines including Qantas, Lufthansa, KLM Royal Dutch Airlines, Air France, and Delta Air Lines have instructed travel agents in Zimbabwe to only accept hard currency in the form of cash when selling tickets to

in Business & Finance

Air Burkina back in hands of Burkinabe government; seeks partner

Posted 12 April 2017

The Aga Khan Fund for Economic Development (AKFED) has divested itself of its 51% stake in Air Burkina selling it to the Burkinabe government, reports ch-aviation.

in Business & Finance

Arik Air board takes legal action over AMCON takeover

Posted 4 April 2017

An objection has been filed in the Federal High Court in Lagos about the take over of Arik Air by the state-owned Asset Management Corporation of Nigeria (AMCON), reports ch-aviation.

in Business & Finance

Air Botswana seeks to settle $500k CAAB fee dispute

Posted 4 April 2017

Air Botswana is looking to settle a dispute with the Civil Aviation Authority of Botswana (CAAB) over what it claims are excessive charges for landing fees and passenger service levies, reports ch-aviation.

in Business & Finance

Ghana to review 5th Freedom traffic right allocations

Posted 20 March 2017

The Ghanaian government has plans to review the allocation of the 5th Freedom traffic rights granted to foreign carriers, reports ch-aviation.

in Business & Finance

Air Zimbabwe to cut senior staff in restructuring drive

Posted 20 March 2017

The Chief Executive of Air Zimbabwe has spoken before a parliamentary committee, outlining a restructuring plan, which will see the loss of top management positions, reports ch-aviation.

in Business & Finance

Arik Air denies it will retrench 1,500 staff

Posted 13 March 2017

Arik Air, which is currently under the management of the state-owned Asset Management Corporation of Nigeria (AMCON), may be about to lay off 1,500 staff, reports ch-aviation.

in Business & Finance

TAAG Angola Airlines sees improved financial results under Emirates management team

Posted 10 March 2017

TAAG Angola Airlines has announced a dramatically better result for 2016 over 2015.

in Business & Finance

InAvia submits Expression of Interest for Air Botswana

Posted 10 March 2017

German independent aviation consultancy InAvia Aviation Consultants has submitted an Expression of Interest for Air Botswana.

in Business & Finance

AJW expand headquarters after rising demand

Posted 3 March 2017

AJW Group, that has offices in Africa, has announced the expansion of its 375,000 square feet global headquarters in response to rising demand.

in Business & Finance

Arik Air investment offer rejected by Ethiopian Airlines

Posted 28 February 2017

Ethiopian Airlines has reportedly rejected an offer from the state-owned Asset Management Corporation of Nigeria (AMCON) to take over management of struggling Arik Air, reports ch-aviation.

in Business & Finance

CEO of Kenya's Baracuda Airways arrested for fraud

Posted 28 February 2017

The Chief Executive Officer of Kenyan start-up Baracuda Airways has been arrested on allegations of fraud, reports ch-aviation.

in Business & Finance

AB Aviation reaches deal with CAA to resume ops

Posted 13 February 2017

Comoros' AB Aviation has reached an agreement with the Comorian civil aviation authority concerning the settlement of outstanding duties with plans to resume commercial operations, reports ch-aviation.

in Business & Finance

Middle East and Africa's first IATA NDC based travel search engine to be launched

Posted 1 February 2017

TPConnects – the first dual International Air Transport Association (IATA) New Distribution Capability (NDC) Certified Travel Technology Provider has unveiled that it will be launching

in Business & Finance

Maputo court gives ex-LAM official suspended sentence

Posted 26 January 2017

A Maputo District Court has convicted a former financial director of LAM for abuse of office following a Mozambican anti-corruption task-force investigation into several airline executives last year, reports ch-aviation.

in Business & Finance

Boeing reports fourth-quarter results

Posted 26 January 2017

The Boeing Company has reported fourth-quarter revenue of $23.3 billion with GAAP earnings per share of $2.59 and core earnings per share (non-GAAP) of $2.47 reflecting overall solid execution on production programs and services.

in Air Transport / Business & Finance

Airbus hits new aircraft delivery record

Posted 12 January 2017

Airbus' commercial aircraft deliveries in 2016 were up for the fourteenth year in a row, reaching a new company record of 688 aircraft delivered to 82 customers.

in Business & Finance

Boeing releases delivery results for Q4 of 2016

Posted 9 January 2017

The Boeing Company has announced deliveries across its commercial and defence operations for the fourth quarter of 2016.

in Business & Finance

Ethiopian Airlines ended 2016 with profitable growth.

Posted 3 January 2017

Ethiopian Airlines has released its financial results of 2016.

in Business & Finance

AfDB approves USD $159 Million corporate loan to Ethiopian Airlines for fleet modernisation plan

Posted 21 December 2016

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines' expansion plan and fleet

in Business & Finance

Boeing Board raises dividend, renews share repurchase authorisation

Posted 13 December 2016

The Boeing board of directors has declared the company's quarterly dividend will increase 30 percent to $1.42 per share. The board also replaced the existing share repurchase programme with a new $14 billion

in Business & Finance

Boeing releases annual Current Aircraft Finance Market Outlook

Posted 12 December 2016

Boeing said strength in the capital markets and innovative funding developments will provide airlines and lessors efficient aircraft financing solutions in 2017.

in Business & Finance

Nigeria to release $300mn to foreign carriers

Posted 8 November 2016

The Nigerian government said it has directed the Central Bank of Nigeria (CBN) to release a total of USD300 million in unremitted revenue to foreign airlines, reports ch-aviation.

in Business Aviation / Business & Finance / Flight Services & Support

NBAA: China's Deer Jet takes major share of trip support firm UAS

Posted 31 October 2016

International trip support company, UAS, which has operations in Johannesburg and Lagos has sold a major stake in the company to Chinese business aviation operator Deer Jet, it was announced at NBAA today.

in Business & Finance

Air Zimbabwe in talks with Malaysian firm over B787 lease

Posted 31 October 2016

Air Zimbabwe has initiated talks with an unspecified Malaysia-based firm over the proposed lease of a B787, reports ch-aviation.

in Business & Finance

SAA has concluded its first AGM

Posted 31 October 2016

SAA has concluded its first AGM since the new board was appointed in September 2016.

in Business & Finance

Embraer delivers third quarter 2016 results

Posted 31 October 2016

During 3Q16, Embraer delivered 29 commercial jets and 25 executive jets (13 light and 12 large).

in Business & Finance

Boeing reports third-quarter results and raises full year guidance

Posted 26 October 2016

The Boeing Company has reported third-quarter GAAP earnings per share of $3.60 and core earnings per share (non-GAAP) of $3.51 reflecting overall solid execution on production programmes and services, favourable

in Business & Finance

Etihad Aviation group and partners will contribute billions to African economy in 2016

Posted 26 October 2016

Etihad Aviation Group (EAG) and its equity airline partners will support almost 425,000 jobs and are expected to contribute US$3.6 billion GDP to the African economy in 2016, as Abu Dhabi

in Business & Finance

Afriqiyah secures stake in Tunisian flight school

Posted 17 October 2016

Afriqiyah has acquired a 20% stake in the Aviation Training Center of Tunisia (ATCT), reports ch-aviation.

in Business & Finance

DAE top lessor for Africa and Middle East

Posted 9 October 2016

Dubai Aerospace Enterprise (DAE) has been named as the Middle East and Africa 'Lessor of the Year'.

in Business & Finance

South African Minister of Finance approves disbursement for SAA

Posted 19 September 2016

South African Minister of Finance, Pravin Gordhan, has approved the disbursement of a ZAR5 billion (USD351 million) state-backed guarantee to struggling carrier, South African Airways (SAA), reports ch-aviation.

in Air Transport / Business & Finance

Arik flights suspended in admin crisis

Posted 14 September 2016

Arik Air, Nigeria's largest airline, became the of the country's carriers to suspend flight operations in the last three weeks.

in Business & Finance

South African opposition takes Myeni's appointment to court

Posted 13 September 2016

South Africa's largest opposition party, the Democratic Alliance said it is taking legal action against the South African government following its controversial decision to reappoint Duduzile Myeni as the chairwoman of

in Business & Finance

Nile Air looks to go public on Egyptian Stock Exchange in 2017

Posted 5 September 2016

Nile Air's chief executive officer Ahmed Aly said the Egyptian airline is looking to go public on the Egyptian Stock Exchange at some point in 2017, reports ch-aviation.

in Business & Finance

Nigerian taxman seizes Skyjet Aviation Services

Posted 31 August 2016

Nigeria's Federal Inland Revenue Service (FIRS) has seized and sealed off the premises of Skyjet Aviation Services in the Northwest Nigerian city of Kaduna citing unpaid back taxes, reports ch-aviation.

in Business & Finance

IATA and Egyptian authorities working together to address airline blocked funds

Posted 30 August 2016

The International Air Transport Association (IATA) and Egyptian authorities are working together to find a practical solution to release, for repatriation foreign exchange funds due international

Latest Multimedia

Video Africa’s busiest passenger air routes revealed

 

Video Aviation Africa 2018 - it's a wrap!

Subscribe Now: FREE

Issue 4, Vol 6: African Aerospace October - December 2018

Advertisement
Other News

Fresh impetus for the African Air Transport Professions Institute

With its acquisition of a 55% holding, ASAM S.A is joining ASECNA Service SA/AG (35%) and Air France Finance (10%) as owners of IAMA’s capital so that they can develop the African Air Transport Professions Institute (IAMA).

SAA on track with turnaround strategy

South African Airways (SAA) has issued a statement saying it is on track with its turnaround strategy with quarter one results showing that the company is ahead of the plan in its trading performance.

Investec Aviation opens new $500m aircraft leasing equity fund

Investec Aviation Finance has launched its fourth aircraft leasing fund to acquire some of the latest generation Airbus and Boeing narrow and widebody aircraft, on lease to a range of international airlines. The team has a 10 plus year

Rolls-Royce expands service infrastructure for business aircraft

Rolls-Royce has announced that it is further expanding its global network of Authorised Service Centres (ASC) for its CorporateCare customers.

US approves the release of $1.2 billion in military aid to Egypt

The United States has approved the release of $1.2 billion in military aid to Egypt.

Dassault and Safran settle dispute over 5X engine delay

Dassault Aviation has agreed what it described as an “amicable settlement” with Safran putting an end to the dispute concerning the Silvercrest engine planned to equip the Falcon 5X.

TAA SK1009311218
See us at
AirCargoAFA_BT220318210219AviationAfrica_BT0607280219