by admintc | May 15, 2022 | AVIATION
The Takatso Consortium on May 12 said it welcomed Finance Minister Enoch Godongwana’s public support for its acquisition of a 51% interest in South African Airways (SAA), signalling a firm commitment from government to conclude the transaction. Takatso would inject... by admintc | May 14, 2022 | AVIATION
South Africa’s government has retained special voting rights in the country’s national carrier even after selling a majority stake, and will be given R3-billion in preference shares that can be redeemed through future cashflow. That means the state stands to benefit... by admintc | May 11, 2022 | AVIATION
South Africa’s decision to sell a majority stake in the country’s loss-making national airline represents an ongoing financial risk to the state as the terms were skewed heavily toward the buyer, the National Treasury said. The finer print of the deal that saw the... by admintc | May 10, 2022 | AVIATION
The Airports Company South Africa (ACSA) is implementing several emergency measures to secure a sustainable supply of jet fuel at the OR Tambo International Airport (ORTIA), in Johannesburg, and to prevent airlines from having to cancel flights because of not being... by admintc | May 8, 2022 | AVIATION
The recovery in air passenger traffic continued during March, the International Air Transport Association (Iata) has reported. (Iata is the representative body of the global airline industry.) The war in Ukraine had only a limited impact while the effects of the... by admintc | May 8, 2022 | AVIATION
The International Air Transport Association (Iata) and the Airline Catering Association (ACA) have jointly released an updated version of the Standard Inflight Catering Agreement (SICA). This followed the two bodies entering an agreement to strengthen their bilateral...