Tag: Aviation

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FlySafair says air-traffic constraints limit operations a week after Harith wins approval for takeover

approval for takeover Persistent air-traffic congestion forces FlySafair to adjust schedules shortly after Harith General Partners gets approval to acquire the airline.

Omokolade Ajayi Omokolade Ajayi
Cameroon's richest man Baba Ahmadou Danpullo.
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Cameroon’s richest man Baba Ahmadou Danpullo takes on aviation with $871 million investment

Baba Ahmadou Danpullo plans a massive $871 million aviation venture to challenge state-owned airlines and build new airports in Cameroon.

Omokolade Ajayi Omokolade Ajayi
FlyGabon
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NAHCO lands FlyGabon deal, boosts solar cargo exports

NAHCO expands regional aviation operations with a new FlyGabon contract and handles major solar cell cargo exports from Lagos to the US.

Omokolade Ajayi Omokolade Ajayi
Uganda Airlines Boeing Dreamliner aircraft.
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Uganda Airlines bets nearly $1 billion on 10 Boeing jets to expand global reach

Uganda Airlines signs a nearly $1 billion Boeing deal for 10 jets to expand its global reach and challenge regional rivals.

Omokolade Ajayi Omokolade Ajayi
Ethiopian Airlines Group.
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Ethiopian Airlines plots 25-jet expansion plan, following $4.4 billion first-half revenue

Ethiopian Airlines plans to buy 25 regional commercial jets following a record $4.4 billion first-half revenue performance.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

FlySafair cuts fuel surcharge 40 percent amid overbooking probe

FlySafair slashed its dynamic fuel surcharge by 40 percent amid an intense overbooking investigation by South African consumer watchdogs.

Omokolade Ajayi Omokolade Ajayi
Kenya Airways’ financial strain deepens after $65 million interest default.
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Kenya Airways’ financial strain deepens after $65 million interest default, $132 million loss

Kenya Airways defaults on $65.6 million interest payment as losses widen, liabilities rise, and operational pressures deepen despite government support.

Omokolade Ajayi Omokolade Ajayi
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
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Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

Omokolade Ajayi Omokolade Ajayi
President Bola Tinubu approves 30% debt relief for Nigerian airlines and orders urgent talks to address rising jet fuel prices and ease pressure on domestic carriers.
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Nigeria’s President Tinubu moves to ease airline crisis with 30% debt cut, fuel price talks

President Bola Tinubu approves 30% airline debt relief and orders urgent jet fuel pricing talks as Nigeria’s carriers face rising operating costs.

Omokolade Ajayi Omokolade Ajayi
Outgoing Chief Executive Officer John Lamola
BusinessHot News

SAA under scrutiny after CEO John Lamola’s exit as AG flags weak controls, revenue leaks

South African Airways faces scrutiny after John Lamola’s exit as AG flags weak financial controls, revenue leakages and poor reporting standards.

Omokolade Ajayi Omokolade Ajayi
Kenya Airways’ financial strain deepens after $65 million interest default.
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After $132 million loss, Kenya Airways’ bailout hopes fade under tighter rules

Kenya Airways’ recovery faces pressure after a $132.3 million loss, rising debt and stricter global rules limiting state support.

Omokolade Ajayi Omokolade Ajayi
Outgoing Chief Executive Officer John Lamola
BusinessHot News

After reports reveal quiet $58 million bailout, SAA CEO John Lamola resigns

During John Lamola's tenure, the airline said it focused on restoring core operations and rebuilding its network.

Omokolade Ajayi Omokolade Ajayi