Showing posts with label South Africa Government. Show all posts
Showing posts with label South Africa Government. Show all posts
Friday, September 27, 2013

■ SOUTH AFRICA: SA Express posts $65'000 profit for FY2012/13; plans fleet acquisition in 2H 2014.

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S A Express (XZ) has reported a small net profit of ZAR650'000 (USD64'930) on the back of a 14% rise in revenue for its 2012/13 Fin...
Tuesday, September 24, 2013

■ SOUTH AFRICA: Denel establishes Spaceteq, a new satellite & space engineering unit within Denel Dynamics.

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South African state owned aerospace and defence technology conglomerate, Denel SOC,  has announced the formation of Spaceteq, a new busines...
Monday, September 23, 2013

● OPINION: The Legal Basis of the Court Application against FlySafair by Rob Baker.

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In the interests of stirring more debate and offering a more broadly-based platform for the flow of information, ideas and opinions here on...
Tuesday, September 17, 2013

■ SOUTH AFRICA: New $41mln Somerset East mini-Aerotropolis to be completed next year.

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The town of Somerset East in the province of the Eastern Cape in South Africa will next year begin operating a new ZAR413million (USD40.9...
Tuesday, September 10, 2013

■ SOUTH AFRICA: SAA's Turnaround Plan to undergo parliamentary committee scrunity this week.

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Monwabisi Kalawe, South African Airways' (SA) Chief Executive Officer, says the airline's strategic turnaround plan #9 will be pre...
Wednesday, August 21, 2013

■ SOUTH AFRICA: Gauteng calls for study on potential new international airport for Johannesburg as part of 25-Year Transport Plan.

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The Gauteng MEC for Roads and Transport, Dr Ismail Vadi, this week released the "25-Year Integrated Transport Master Plan (ITMP25)&q...
Wednesday, August 14, 2013

■ SOUTH AFRICA: Gigaba seeks greater cooperation between Denel Aviation, SAA Technical & SAExpress Technical.

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South African Minister of Public Enterprises, Malusi Gigaba, says he has directed the board of state-owned aerospace and defence technology...
Thursday, July 25, 2013

■ SOUTH AFRICA: Denel SOC posts strong $7.3million net profit for 2012/13 Financial Year as revenue grows 10%.

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South African state owned aerospace and defence technology conglomerate, Denel SOC Ltd, has posted a net profit of USD7.33million (ZAR71mil...
Friday, July 5, 2013

► SOUTH AFRICA: DoT grants fastjet Foreign Operators Permit paving way for Dar - Joburg; no mention of Kigali or Lusaka (yet).

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Following on from its previous announcement , fastjet (FN) says it has been issued a Foreign Operator Permit from the South African Departm...
Friday, May 31, 2013

■ SOUTH AFRICA: Mthatha Airport's new runway now active; hopes to attract more carriers.

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Following extensive works, an SA Airlink (4X) flight from Johannesburg OR Tambo International Airport became the first aircraft to christ...
Tuesday, May 28, 2013

► SOUTH AFRICA: Skywise due in the skies from August 1 as DoT pours more cold water on fastjet's plans.

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Johannesburg-based carrier, Skywise, the brainchild of several ex-1Time (T6) board executives, is aiming for an August 1 launch, exactly 1 ...
Wednesday, May 15, 2013

► SOUTH AFRICA: SAA to finally take delivery of its long deferred A320 order beginning Q3.

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South African Airways (SA) will at last, begin taking delivery of twenty Airbus A320s in the next quarter (i.e.. July - September), South A...
Monday, May 13, 2013

■ SOUTH AFRICA: ACSA outlines plans for aerotropolis at Bloemfontein's Bram Fischer International Airport.

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Hot on the heels of its larger northern neighbour, Johannesburg OR Tambo International Airport and its aerotropolis/aerocity plan s, Bloemf...
Friday, May 3, 2013

■ SOUTH AFRICA: SACAA threatens action against operator of chartered Jet Airways A330 that landed at military airbase.

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The South African Civil Aviation Authority (SACAA) is considering taking action against "the operator" of a Jet Airways (9W) Airb...
Wednesday, May 1, 2013

■ SOUTH AFRICA: Now SAExpress needs $60million in state funding to cover debt covenants with aircraft suppliers.

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SA Express (XZ) is in the process of finalizing a USD60million (ZAR539million) state guarantee (read Bailout) needed to help it cover the t...
Thursday, April 25, 2013

■ SOUTH AFRICA: SAA delays début bond issuance; warns it will play hardball with Airbus and Boeing in future fleet renewal talks.

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South African Airways (SA) is to delay its début USD160million (ZAR1.5 billion) bond sale, originally slated for March, until its chief fin...
Sunday, April 21, 2013

■ SOUTH AFRICA: Government planning to merge SAA, Mango, SA Express into one holding company?

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South African Airways (SA) and its subsidiaries, Low Cost Carrier Mango (JE), SA Express (XZ) (and possibly SA Airlink (4Z) though no menti...
Friday, April 19, 2013

■ SOUTH AFRICA: Gigaba confirms Monwabisi Kalawe as new SAA boss.

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Ending weeks of media speculation , South African Airways (SA) has confirmed Monwabisi Kalawe as the new CEO of the airline, replacing inte...
Sunday, March 24, 2013

■ SOUTH AFRICA: Murky business meetings and an unapproved USD1billion Airbus fleet renewal deal at centre of SAA's boardroom woes claims report.

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Murky private business meetings and a USD1.08billion (ZAR10billion) fleet procurement tender awarded to Airbus Industrie SAS are at the hea...
Sunday, March 17, 2013

■ SOUTH AFRICA: fastjet in talks with local South African partner to bypass 25% foreign ownership cap in 1Time.

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Following on from our last report, LCC fastjet (FN) is now reportedly in negotiations with a "credible local South African partner&qu...