Kenya Airways to Spend KSh5.4 Billion in Lay Off Exercise
Kenya Airways (KQ) has laid off 182 pilots, alongside more than 400 cabin crew, even as plans are underway to nationalize the airline. Its shares are currently suspended from trading [...]
Air France-KLM Announces 7,500 Job Cuts
Air France-KLM plans to cut 7,500 jobs at its French subsidiary. The job cuts will eliminate 6,560 positions at its Air France flagship, while its regional carrier Hop! will lose [...]Rwanda to Reopen Airports on 1st August 2020
Rwanda's Ministry of Infrastructure has announced plans to reopen airports and resume scheduled commercial flights, with effect from 1st August 2020. All passengers, including those in transit, will be required [...]Kenya Aviation Corporation to Take Over Kenya Airways
The Government intends to establish Kenya Aviation Corporation, an entity that it will use to take over operations of Kenya Airways upon it being nationalized and delisted from the Nairobi [...]
Airbus Slashes 15,000 Jobs
European planemaker, Airbus has announced plans to slash 15,000 jobs worldwide, translating to 15% of its workforce in the U.K. The job cuts include 5,000 positions in France, 5,100 in [...]Turkish Airlines Slashes Pilot Salaries by 50%
Turkey’s national carrier, Turkish Airlines, plans to slash pilot salaries by 50% as well as reduce the salaries of other employees. The move seeks to increase its finances after most [...]Kenya Airways Announces More Job Cuts
Kenya Airways (KQ) has announced plans to lay off more workers, trainees in particular, a move that seeks to reduce the airline's expenditure on salaries in order to remain afloat [...]Cargo Keeps Ethiopian Airlines Profitable Despite Virus Disruptions
Ethiopian Airlines expects profits despite disruptions in operations from the pandemic, which have brought the aviation industry to its knees. Company CEO Tewolde Gebre-Mariam says that revenues from cargo services [...]Norwegian Air Cancels 97 Boeing Max Dreamliner Orders
Norwegian Air has canceled orders for 97 Boeing aircraft in addition to claiming compensation from the planemaker for the grounding of the 737 Max and 787 engine troubles. The airline [...]Boeing Set to Begin 737 Max Certification Flight Tests
Boeing, the American planemaker, is set to begin the 737 Max certification flight tests on Monday, 29th June 2020, seeking to get approvals to return to service. AsReutersreports, pilots and [...]KLM and Emirates to Resume Flights in Tanzania by 15th July
The Tanzania Civil Aviation Authority (TCAA) has announced that more airlines are expected to resume scheduled flights to the Julius Nyerere International Airport, including KLM who start operations on June 30. [...]COVID-19 Could Cost Kenya Airways KSh50 Billion Revenue by December
Kenya Airways (KQ) management estimates that the airline could lose up to KSh50 billion by the end of the year. Speaking during yesterday's 44th Annual General Meeting, CEO Allan Kilavuka [...]
