Tag: African airline

fastjet Plc: Sale of Embraer Aircraft

fastjet, the low-cost African airline, today provides details of a historical creditor agreement entered into with Solenta Aviation (Pty) Limited involving the sale of one of the Company's Embraer 145 aircraft (the "Embraer 145") on 9 March 2020 (the "Sale") for a consideration of US$2.2 million (t...

fastjet Plc: Trading Update and Impact of Coronavirus

fastjet, the low-cost African airline, today provides an update on current trading following announcements by the Government of South Africa and the Government of Zimbabwe regarding efforts to contain and control the rapid escalation of coronavirus in their respective countries. South Africa wil...

Fastjet Announces Restructure Proposals

Fastjet, the low-cost African airline, has provided an update on trading, the proposed restructuring of the Group and the Group's capital requirements following the announcement on 27 November 2019. Trading update Trading to the year end, including through the peak holiday season, was in line...

Leaders across the African aviation industry unite in Kenya

Leaders across the African aviation industry unite in Kenya

Mombasa is at the centre of the African aviation industry this week as the city hosts the three-day Routes Africa forum. The African aviation market is predicted to grow to over 356 million passengers by 2038, according to International Air Transport Association latest forecast. Over 24 million ...

South African Airways welcomes the scaling up of sustainable local fuel supply in South Africa

South African Airways welcomes the scaling up of sustainable local fuel supply in South Africa

South African Airways (SAA) and its wholly-owned subsidiary and low cost carrier, Mango Airlines, made history in 2016 as the first two airlines in Africa to operate commercial flights respectively, which were powered by sustainable aviation fuel produced from Sunchem’s nicotine-free tobacco plan...

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