Skip Navigation

Aviation Financial

Rwanda expects over 20 per cent growth in air transport volume

by XINUA

Sun, Nov 06, 2011

KIGALI (Xinhua) -- Passengers to and out of Rwanda using air transport are expected to increase by over 21.2 percent this year driven by security, peace and an attractive business environment, Rwanda Civil Aviation Authority (RCAA) Director General Dr. Richard Masozera told Xinhua in the Rwandan Capital Kigali on Wednesday.

Zimbabwean FM distances self from Airbus deal

Zimbabwean FM distances self from Airbus deal

Thu, Nov 03, 2011

Air Zimbabwe’s alleged deal to buy two Airbus 340-500 planes from France despite European Union (EU) targeted sanctions on President Robert Mugabe, his cronies and selected companies, plunged deeper into controversy this week when Finance minister Tendai Biti distanced himself from it.

Air cargo a vital link in South Africa

Thu, Nov 03, 2011

The International Air Transport Association (IATA) has unveiled a new study highlighting the importance of the air cargo sector to the economy of South Africa writes Kizzi Nkwocha.

Royal Air Maroc agrees staff cuts to shore up loss making airline

Royal Air Maroc agrees staff cuts to shore up loss making airline

Thu, Aug 25, 2011

Royal Air Maroc (RAM) was said today to have reached agreements with the trades unions to shed more than 1,500 jobs from the government-owned Moroccan national carrier.

Sanctions-busting suspected in Zimbabwe airplane deal

Sanctions-busting suspected in Zimbabwe airplane deal

Thu, Aug 25, 2011

Speculation is rife about the details of a multi million dollar deal for new airplanes for Air Zimbabwe, with suspicions being raised that the deal is a sanctions-busting measure involving ZANU PF allies according to reports from a UK based publication SW Radio Africa.

Improved Profitability but Margins Still Pathetic - Europe Continues to Lag

by Source: IATA

Sat, Jan 08, 2011

Geneva - The International Air Transport Association (IATA) revised its industry outlook for 2010 to a net profit of $15.1 billion (up from the $8.9 billion forecast in September).