Boeing Halts Joint Venture with Embraer
American plane maker, Boeing, has terminated its Master Transaction Agreement (MTA) with its Brazilian counterpart, Embraer. Under the contract, the two companies had agreed to create a joint venture, including [...]
Qatar Airways Defers 50% of Employee Salaries
Qatar Airways has deferred payment of 50% of salaries for its mid-level and senior staff in Doha for three months with effect from April 2020. According to the airline, they [...]Jambojet names CFO Karanja Ndegwa as acting Managing Director
Kenyan based low-cost carrier Jambojet has appointed the current Chief Financial Officer Mr Karanja Ndegwa as its acting Managing Director, effective May 1, 2020. He takes over from Allan Kilavuka, who was confirmed [...]Air France-KLM to Get $10.9 Billion State Aid
Air France-KLM is set to receive a $10.9 billion state package to enable it to remain afloat during the COVID-19 pandemic that has seen airline revenues dip due to the [...]Airlines to Lose $253 Billion due to COVID-19
The International Civil Aviation Organization (ICAO) estimates that airlines worldwide could face losses amounting to $253 billion by September this year due to COVID-19. This comes even as estimates show [...]Air Mauritius Goes into Voluntary Administration
Air Mauritius has joined the list of airlines that have gone under voluntary administration in order to safeguard their business interests and those of stakeholders. In a communique, the airline's [...]
Virgin Australia Enters Voluntary Administration
Richard Branson's airline, Virgin Australia, has entered into voluntary administration so as to recapitalize the business amid the global COVID-19 pandemic. The air carrier failed to secure $1.4 billion funding from the [...]Norwegian Air to Lay off About 4700 Pilots Crew
Norwegian Air has announced plans to lay off 4,700 pilots and crew members as it grapples with the negative impacts of COVID-19 that has seen all its international flights suspended. [...]Ethiopian Airlines' Charter Flight from JKIA to the US
Ethiopian Airlines has partnered with the U.S. embassy in Kenya to provide a charter flight from Nairobi (JKIA) to Dulles, Virginia (IAD) on April 22nd, 2020. The charter flight will [...]SAA on Brink of Collapse as it Plans to Fire All Staff
South Africa's national airline, South African Airways (SAA) has announced plans to fire all its staff with effect from 30th April 2020. This comes after the government decline to provide [...]KQ Resorts to Cargo Business to Stay Afloat
Kenya Airways (KQ) has resorted to the cargo business in a bid to remain afloat during the COVID-19 pandemic that has seen it suspend all its international passenger flights. Yesterday, [...]South Africa Stops Funding State Airline, SAA
The government of South Africa seems to have given up on its national carrier, South African Airways (SAA), seeing that it has denied the airline any further bailout. The government [...]
