South African Airways News
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Airline executives are set to spend more on orders for the latest wide-body planes from Airbus SAS and Boeing Co. as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year.
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South African Airways plans to place an order for 25 to 35 wide-body airliners within 90 days as the carrier looks to replace its aging fleet with more efficient aircraft.
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Africa is being carved up once again as airlines funnel commuter workers into the booming mining market, with Sub-Saharan carriers staking their claims against global rivals in the world’s least-developed travel market.
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South Africa should reduce the number state-owned companies from 715 and simplify their control structures, a government panel said.
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Transnet SOC Ltd., South Africa’s state-owned ports and rail operator, is giving up a state guarantee for its debt as borrowing costs fall amid a seven-year infrastructure spending plan.
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Etihad Airways PJSC signed a route- sharing alliance with state-owned South African Airways as the Abu Dhabi-based carrier expands its reach into Africa.
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Zambia is in talks with three airlines about taking an equity stake in its new national carrier Air Zambia Ltd. and expects it to make its debut flight by the end of the year.
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South African Airways Ltd., the continent’s biggest airline, has appointed Monwabisi Kalawe as its fourth chief executive officer in six months and put him in charge of returning the ailing company to profit.
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South African Airways, Africa's biggest airline, said it has suspended Vuyisile Kona, its acting chief executive officer, because of allegations it didn’t describe.
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JetBlue Airways Corp. Chief Executive Officer David Barger said the U.S. discount carrier will introduce one or two two-way code-share agreements this year as it expands international ties to feed its route network.
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