Page 94 - Comair News Today

SA aviation feeling impact of renewed restrictions as passenger traffic slows By Siphelele Dludla Share SOUTH Africa’s aviation industry has started feeling the harsh impact of renewed and stricter lockdown restrictions as passenger traffic dwindled at Africa’s busiest airport, OR Tambo International. Comair on Friday temporarily suspended all its scheduled flights for three weeks from today until July 30, just seven months after taking to the skies again following an eight-month hiat...

BRITISH AND IRISH LIONS ROAR OFF TO ... Sunday, 27 June 2021 - British Airways welcomed the 37-strong British & Irish Lions squad on board a special charter flight today, as they travelled from Edinburgh to Johannesburg for the start of their eagerly-awaited South African Tour. Following their clash against Japan for The Vodafone Lions 1888 Cup at BT Murrayfield Stadium yesterday, they were greeted with warm words of encouragement by the crew of flight BA9111, including their pilot Captain Rich...

Government shouldve sold 100% of SAA, says economist By Tarryn-Leigh Solomons Share Cape Town - Efficient Group economist Dawie Roodt says while the announcement of the 51% sale of South African Airways (SAA) is welcomed, he believes government should have sold the entire entity. Public Enterprises Minister Pravin Gordhan on Friday announced that Takatso Consortium will acquire a 51% stake in SAA, while government will keep 49% shareholding in the new airline. Gordhan said Takatso would inject ...

One of the partners in the Takatso Consortium, which will acquire a controlling interest in SAA, has strong ties to the ANC.

SAA's future is no longer their worry but taxpayers will still cover past debt, while takeover risks rest on government workers' pensions.

Now’s The Time To Turn Victoria Falls Bucket-List Fantasies Into Reality

Cabinet has agreed that SAA will be owned through a partnership between government and a strategic equity partner. A consortium will

SAA 2.0 could mean the end of Mango, as the consortium already includes fledgeling low-cost airline Lift, launched last year.

Government has agreed to sell its majority stake in SAA to a local jet leasing company and private equity firm, ridding itself of an entity that has long been a drain on state finances.

Airbus (AIR.PA) and Air France-KLM (AIRF.PA) have urged policymakers to use EU-backed green stimulus funds to support aircraft sales, according to documents released on Thursday by InfluenceMap, an investor-led climate lobbying watchdog.