South African Airways (SAA) is to be put into business rescue, placing the company under administrator control because of the airline’s critical financial situation.
African LCC fastjet needs to restructure by February 2020 if it is to continue as a going concern, and the disposal of fastjet Zimbabwe is increasingly an element of the overarching company’s survival plan.
South African Airways (SAA) “cannot continue in its current form” and will need a “radical restructuring,” the country’s minister of public enterprises Pravin Gordhan said Dec. 2.
A Tanzanian court declared LCC fastjet Tanzania insolvent and has appointed a liquidator for the carrier, according to local media reports.
A Dornier 228 turboprop operated by Democratic Republic of the Congo (DRC) carrier Busy Bee Congo is reported to have crashed while departing Goma airport in eastern DRC with up to 27 fatalities.
The U.S. State Department has approved a long-awaited Foreign Military Sale of Boeing AH-64E Apache attack helicopters to Morocco.
Air Senegal placed a preliminary order for eight Airbus A220-300s as it looks to expand its African and European networks.
South African Airways (SAA) has canceled “nearly all” domestic, regional and international flights scheduled for Nov. 15-16 after the South African Cabin Crew Association (SACCA) and National Union of Metalworkers of South Africa (NUMSA) announced industrial action.
South African Airways (SAA) is embarking on a restructuring process that may lead to cutting approximately 944 out of 5,149 jobs.
Collins Aerospace is expanding its assembly facility in Casablanca, Morocco to accommodate recent contract wins on the Airbus A320neo and Boeing 777X programs.