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Showing posts with label Finances. Show all posts
Showing posts with label Finances. Show all posts
Wednesday, September 11, 2013
■ SOUTH AFRICA: Comair Ltd profits soar to USD23.1million for latest Financial Year.

■ GHANA: Antrak Air mulls quitting Ghana citing market-overcrowding, exhorbitant costs.

Tuesday, September 10, 2013
■ SOUTH AFRICA: SAA's Turnaround Plan to undergo parliamentary committee scrunity this week.

Thursday, September 5, 2013
■ SEYCHELLES: Air Seychelles posts very strong 2Q & 1H2013 Financial results.

Labels:
2013/2014 Financial Year,
Air Seychelles,
Finances,
profits,
Q2,
Seychelles
Tuesday, August 27, 2013
■ EGYPT: Despite heavy sustained losses, Fadel outlines his longterm vision for Egyptair.

Monday, August 26, 2013
■ BURKINA FASO: Ouagadougou calls for talks with AKFED over Air Burkina's future.

Labels:
Aga Khan,
Air Burkina,
Burkina Faso,
Burkina Faso Government,
Finances
Tuesday, August 20, 2013
■ NIGERIA: AMCON confirms appointment of new CEO, CFO at Aero.

Friday, August 16, 2013
■ TANZANIA: Precision Air to post loss during latest Financial Year; asks government for $32mln in funding.

Labels:
2012/2013 Financial Year,
ATR,
Finances,
Loss,
Precision Air,
Tanzania
Monday, August 12, 2013
■ MAURITIUS: Air Mauritius sees further losses during Q1 of its 2013/14 Financial Year.
Air Mauritius Group and Company have posted their results for Q1 of their 2013/2014 Financial Year which ended 30 June 2013 with losses of EUR8.1million (USD10.83million) and EUR8.3million (USD11.1million) respectively. Despite the red, the figures are an improvement on the same period for its previous financial year in which it posted losses of EUR10.2 million and EUR10.4 million respectively.
Labels:
2013/2014 Financial Year,
Air Mauritius,
Finances,
Loss,
Mauritius,
Q1
Tuesday, August 6, 2013
■ TANZANIA: Zanzibari lawmakers irate at cost overruns, poor workmanship at new airport terminal.
Monday, July 29, 2013
■ MAURITIUS: Air Mauritius holds annual AGM; re-elects board.

Labels:
2012/2013 Financial Year,
AGM,
Air Mauritius,
Finances,
Mauritius
Thursday, July 25, 2013
■ SOUTH AFRICA: Denel SOC posts strong $7.3million net profit for 2012/13 Financial Year as revenue grows 10%.

Tuesday, July 23, 2013
■ KENYA: So close yet so far as Jetlink Express struggles to sell its recovery plan to all its creditors.

Monday, July 22, 2013
■ TUNISIA: Government rolls out Tunisair's turnaround plan; approves initial funding for A320s.

Labels:
Airbus,
Finances,
Presidential Jet,
Tunis,
Tunisair,
Tunisia,
Tunisia Government
Wednesday, July 17, 2013
■■ SUDAN: See Renderings for New Khartoum International Airport to be built and financed by China.
[UPDATE 17 JULY 2013] The Arab press is reporting that the Sudanese Government has signed a USD$750million loan, with an as-yet-unspecified foreign bank, to fund the initial construction phase of the capital, Khartoum's, New International Airport. The loan will be repaid over a period of 25 years, beginning after the completion of the project. Other loans secured thus far include a USD$47million loan from the Kuwait Fund for Arab Economic Development signed in July 2010, and another for USD$120million from the Jeddah-based Islamic Development Bank (IDB) signed in May 2010.
■ SENEGAL: ASECNA secures $39million loan from the IFC for infrastructural upgrades.

Friday, July 12, 2013
■ CHINA: Nigeria finalizes $500mln deal with CCECC for construction of four new international air terminals.

Tuesday, July 9, 2013
■ TANZANIA: TCAA calls stakeholder meeting for July 11 over proposed steep nav, safety fee hikes.

Labels:
Dar es Salaam,
Finances,
Tanzania,
Tanzania Government,
Tanzanian CAA,
TCAA
Friday, July 5, 2013
► ETHIOPIA: One more 777 for Ethiopian as Gebremariam is upbeat about this year's bottom line.
Ethiopian Airlines (ET) has taken delivery of its sixth Boeing 777-200LR (MSN 43814 | ET-AQL) at a ceremony held at Addis Ababa Bole International Airport on July 2. The added aircraft comes at a time when Ethiopian is expecting to post very strong numbers for this year, in spite of the 787 Grounding debacle.
Labels:
2012/2013 Financial Year,
777,
Addis Ababa,
Boeing,
Delivery,
Ethiopia,
Ethiopian Airlines,
Finances,
profits
Monday, July 1, 2013
■ ETHIOPIA: US ExIm Bank okays $130million in financing to Ethiopian Airlines.

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