South Africa to inject $620 million to rescue SAA

South Africa to inject $620 million to rescue SAA

    **Nation seeks viable, sustainable, competitive carrier   The South African Government has concluded plans to support and source for funding for a business rescue plan for South African Airways (SAA) which will result in the emergence of a new viable, sustainable, competitive national airline. In a statement issued by the country’s Department of Public Enterprises on July 16, 2020 says it welcomes the commitment by the National Treasury for government’s rescue of the loss…

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COVID-19 violation: Your action irresponsible, FAAN tells Gov. Fintiri

COVID-19 violation: Your action irresponsible, FAAN tells Gov. Fintiri

***Govs, VIPs pose threat to COVID-19 fight at airports ***Live up to public expectation, FAAN MD tells Govs, others Few days after former Governor of Zamfara state, Alhaji AbdulAziz Yari was carpeted for flouting Federal Government’s guidelines on COVID-19 at the Mallam Aminu Kano International Airport (MAKIA), Adamawa Governor, Alhaji Umaru Fintiri has come under condemnation by the Federal Airports Authority of Nigeria (FAAN) what it termed serious violation of airport security rules and that…

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FAAN chides ex-Gov. Yari for violating airport COVID-19 guidelines

FAAN chides ex-Gov. Yari for violating airport COVID-19 guidelines

  …Urges VIPs to adhere to PTF’s directives on deadly virus     For acting in a behaviour short of the status of a Very Important Person (VIP) in a public place, the action of former governor of Zamfara State Alhaji Abdulaziz Yari has been condemned by the management of Federal Airports Authority of Nigeria (FAAN). Yari was alleged to have pushed away a public health worker who wanted to profile him inline with  COVID-19 protocols…

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A380 Takes To The Skies As Emirates Relaunches Super jumbo

A380 Takes To The Skies As Emirates Relaunches Super jumbo

  Emirates’ iconic Airbus A380 is once again airborne after months of sitting on the tarmac. The Emirates A380 operating as EK1 departed Dubai at 08.12 on Wednesday morning bound for London Heathrow in what is the first superjumbo service anywhere in the world in months. Emirates will operate two round trips with the A380 today with EK73 flying from Dubai to Paris. The giant of the skies has been grounded since the coronavirus pandemic…

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Virgin Atlantic To Get $1bn Bailout

Virgin Atlantic To Get $1bn Bailout

Sir Richard Branson’s Virgin Group will contribute $251 million in cash towards a $1 billion rescue package for stricken UK airline Virgin Atlantic, saving thousands of jobs. The rest of the money will be provided by investors and creditors while part of the value of the deal includes waivers and deferrals on liabilities. While the investment plan still requires formal approval, an announcement is expected imminently. Branson has repeatedly had his request for a government…

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Boeing Suffers 355 MAX Cancellations In First Half 2020

Boeing Suffers 355 MAX Cancellations In First Half 2020

  ***Boeing’s best-selling jet for operators’ favour   Sixty cancellations of Boeing’s 737 Max last month mean the plane maker has now lost 355 orders for its troubled jet in the first half of 2020. Boeing confirmed on Tuesday that June’s cancellations had come from a number of aircraft lessors, including Aviation Capital, Avolon and BOC Aviation. European airline Blue Air and two other unidentified customers also cancelled Max orders. Only two weeks ago Boeing…

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Delta reports $11 billion decline in revenue

Delta reports $11 billion decline in revenue

      Delta Air Lines has reported financial results for the June quarter 2020 and outlined its continued response to the COVID-19 global pandemic. Detailed June quarter 2020 results, including both GAAP and adjusted metrics, are on page four and are incorporated here. Delta’s chief executive officer, Ed Bastian said, “A $3.9 billion adjusted pre-tax loss for the June quarter on a more than $11 billion decline in revenue over last year, illustrates the truly staggering…

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Virgin Atlantic Plans Recapitalization

Virgin Atlantic Plans Recapitalization

Virgin Atlantic has reached a major milestone towards securing its future by announcing plans for a private-only solvent recapitalisation of the airline, following the severe impact of the Covid-19 pandemic on the global economy, the nation and the travel and aviation industry.   A Solvent Recapitalisation of Virgin Atlantic Virgin Atlantic has taken a big step forward in securing its future, by launching a court backed process as part of a solvent recapitalisation of the…

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Etihad Offers Pre-Flight Home Coronavirus Tests For Passengers

Etihad Offers Pre-Flight Home Coronavirus Tests For Passengers

Etihad Airways said it is collaborating with Mediclinic Middle East to offer its UAE-based travellers Covid-19 PCR testing at their home prior to their travel. The carrier said some destinations may require a negative Covid-19 PCR test result before departure and Etihad has advised travellers to check for specific destination requirements. Guests travelling to all Etihad Airways destinations can also make use of the Mediclinic service, as well as those crossing the Abu Dhabi border…

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FAA Downgrades Pakistan’s Aviation Safety To Cat 2

FAA Downgrades Pakistan’s Aviation Safety To Cat 2

    ***More Than 260 Pilots Have Fake Pilot Certificates Pakistan recently grounded pilots after finding many had falsified their qualifications US aviation regulators, the Federal Aviation Administration (FAA) have downgraded Pakistan’s air safety rating over concerns about pilot certifications. An official notice posted on the Federal Aviation Administration (FAA) shows that Pakistan now has a Category 2 rating and does not meet international standards. Pakistan has a chequered past and a disproportionally high number…

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