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Airlines In Africa: Kenya Airways, SAA Bleed As Ethiopian Airlines Shine
By Christine Mungai | From Mail & Guardian Kenya Airways (KQ) last week announced a loss of $257 million (Ksh25.7 billion), the biggest ever in the country’s corporate history. It’s a shocking...
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Where Will Kenya Get $1B To Bail Out Its National Airline?
Last week, Kenya’s state-owned airline and one of Africa’s leading airlines posted the largest loss any company in East and Central Africa has ever recorded in the history of corporate earnings in the...
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China Southern Airlines Launches Inaugural Flights To Kenya
From Xinhua. China Southern Airlines on Wednesday launched direct flights from Guangzhou to Nairobi as part of an effort to boost trade between the two countries. Also known as Canton, Guangzhou is a...
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Ethiopian Airlines Make More Profit Than All Other African Carriers Combined
Ethiopian Airlines’ $175 million profit for the 2014/15 fiscal year it announced at the end of last week is more than what the rest of Africa’s airline industry posted over the same period. Tewolde...
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Will $240M In Loans Save Kenya Airways From Imminent Collapse?
Kenya’s ailing national carrier Kenya Airways is set to received $240 million in loans from the government and the African Export-Import Bank (Afreximbank), Reuters reported.The carrier, which has been...
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Jet Around The Continent Quickly And Cheaply With The ‘Go Africa Pass’
If you want to see a number of African destinations on a single trip but don’t have the time to travel overland — and don’t have the funds to buy separate tickets on a bunch of different airlines —...
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Low-Cost Airlines Confront National Carriers In Africa
From Reuters Via Sunday Times Before Fastjet launched low-cost flights between Harare and Dar es Salaam last year, Zimbabwean businessman Jonathan Jabangwe had to brave a hair-raising, three day bus...
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Relief For Airlines Operating West African Route As Ebola Scare Wanes
Major airlines have started flying to West African countries that were last year hit by one of the worst outbreak of Ebola in the world, as cases of the disease disappear and governments lift bans...
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Low Cost Airlines Fly Into Political Turbulence In Africa
Running a low cost airline in Africa is no easy feat, but governments around the continent are making it even harder for investors in this sector to operate by adopting protectionist measures to...
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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...
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Fastjet’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...
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High 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 national...
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Kenya Airways To Cut Fleet, Downsize Staff In $690M Turnaround Plan
Kenya’s loss-making state-owned 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...
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M&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...
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East 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...
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Kenya 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...
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Jetlink 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...
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Loss-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...
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Troubled 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...
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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...
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