Chinese Airlines Move Into Africa’s Growing Aviation Space
In recent years, Chinese airlines have grown in Australia, North America and Europe. The only continent missing in their growth story is Africa. But it seem that could change this year with three...
View ArticleFastjet’s Tanzania-Kenya Route Ends Kenya Airways’ Monopoly
Africa-focused low cost airline Fastjet launched its inaugural flight between Tanzania and Nairobi this week ending Kenya Airways monopoly on the East African route, the carrier’s chief executive told...
View ArticleHigh Taxes, State Meddling Hurting Airline Business In Africa- AfrAA
African Airlines Association (AfrAA) has said high taxes and state interference are the biggest challenge to the growth of the airline business on the continent. Most African airlines including...
View ArticleKenya Airways To Cut Fleet, Downsize Staff In $690M Turnaround Plan
Kenya’s loss-making national airline, Kenya Airways, plans to reduce its fleet and layoff over 1,000 employees as it restructures its operation to make it more lean and efficient, its chief executive...
View ArticleM&A Africa: 5 Global Airlines Interested In Acquiring Struggling Kenya Airways
Five international airlines have expressed their interest in acquiring struggling Kenya Airways buying a majority stake in the cash strapped African carrier, Kenya’s transport minister revealed. Qatar...
View ArticleEast Africa’s Airspace Gets Crowded As Uganda Plans National Airline Revival
East Africa’s airspace is getting crowded by the increasing number of commercial airlines plying the region and is likely to get even more competitive if Uganda successfully revives its national...
View ArticleKenya Airways In Another Record Loss In 2015 Despite Cutting Jobs And Fleet
Kenya Airways, one of the leading airlines in Africa, posted another record loss in 2015 despite shedding employees, reducing the number of planes in fleet and selling land in a rationalization plan...
View ArticleJetlink Face Wind-Up As East Africa’s Low Cost Airline Market Gets Tough
JetLink Express Limited, a Kenyan-based low-cost airlines that operated in the East Africa region could wind-up it operations by the end of this year after a local court allowed a petition to dissolve...
View ArticleLoss-Making Kenya Airways Says In Talks With Three Investors To Sell Stake
Kenya Airways, the national carrier in East Africa’s biggest economy, is in talks with three investors over plans to sell a stake in the loss-making airline and raise cash for its operations. The...
View ArticleTroubled Air Zimbabwe Plans To Lease Boeing 787 From Malaysian Airline
Air Zimbabwe, the troubled national carrier of Zimbabwe, is in talks with an un-named Malaysian airline over plans to lease a Boeing 787 jet as it plans to acquire long-haul aircrafts and match...
View Article
More Pages to Explore .....